Quote:
Originally Posted by CoachKandSportsguy
so here's the reasons for the cost increases:
Why McDonald's is charging $18 for a Big Mac meal; there's no relief in sight
Amid the uproar, McDonald’s franchisees say they are being financially squeezed by the rising cost of insurance, equipment and labor. “I just got my quote for my insurance and it went up by 31% and the cost of equipment is out of this world,” griped one operator who did not want to be identified.
Experts warn that fast food prices will climb even higher as minimum wage hikes are implemented across the country.
California’s $20-an-hour minimum wage for fast food workers goes into effect in April.
McDonald’s and Chipotle both announced that they would be hiking the prices of menu items at Golden State locations beginning this year.
good luck to us. . |
Sad that a minimum wage worker typically with no skills can make $ 20 per hour. If I owned a mcDonalds would be frantically figuring out how to replace these people with machines.