I am speechless at their mind-boggling stoopidity! First time I’ve been speechless in 68 years!
Wonder what the price of a Big Mac is at + 40% ?? sigh
Here is the math: The average cost of labor in the food service industry is 25%. So let's say a Big Mac costs $4.00. So $1.00 of the $4.00 cost went towards labor. If labor goes up 40% then the labor cost would be $1.40 per Mac. The Big Mac would cost $4.40. Not exactly earth shattering increase there.
If the minimum wage goes up 40% then Big mac goes up 40 cents....meh