Impact of Minimum Wage Increase on Fast Food Prices in California

SOURCE www.breitbart.com
Prices at In-N-Out Burger in Democrat-run California have increased due to the $20 minimum wage, making it more expensive for families to dine out. In-N-Out President fought to keep costs low as fast food prices rose. Walmart is experiencing an increase in sales as customers opt for groceries over fast food due to inflation.

Key Points

  • In-N-Out prices have risen due to California's $20 minimum wage
  • Walmart sees increased sales as customers opt for groceries over fast food
  • McDonald's, Starbucks, and Yum Brands report a decline in sales

Pros

  • Increased minimum wage benefits workers

Cons

  • Higher prices may make dining out less accessible for families
  • Fast food restaurants may cut jobs to offset increased costs