The Fast-Food Consequences of a Bloated Minimum Wage
by Steven Davies on Sep 15, 2013 | Views: 208 | Score: 0
| Current | Proposed by Strikers | |
|---|---|---|
| Minimum Wage | 7.25 | 15 |
| Cost of Big Mac | 3.99 | 5.27 |
Dollars $
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by Steven Davies on Sep 15, 2013 | Views: 208 | Score: 0
Fast-food workers in 60 U.S. cities recently held a one-day strike to call for a $15 an hour minimum wage, a 107% increase over the current $7.25 minimum wage. Some estimates indicate that increasing the minimum wage by this amount would increase the price of a Big Mac by $1.28, from $3.99 to $5.27.