Fast food prices in California, led by Democratic Gov. Gavin Newsom, rose in the six months before the Democratic-run state mandated a $20 minimum wage for the industry, according to a study.
During this period, prices rose by 7%, new york post report Friday, citing information. study From Data Essentials.
“California had the highest menu price inflation rate in the nation through April 1, when the minimum wage increase from $16 an hour to $20 an hour took effect,” the paper said in connection with the study. Ta.
Breitbart News reports that the state’s $20 minimum wage mandate for fast food workers despite concerns it would worsen unemployment and trigger already crippling inflation. took effect on April 1st.
The outlet continued:
The new rules will increase the minimum wage for workers at large chain restaurants by 25% and create a Fast Food Council with the power to implement further increases of up to 3.5% annually over the next five years.
While some workers will receive raises, others will lose their jobs due to automation or downsizing. Minimum wage increases tend to displace the most vulnerable and least skilled workers in jobs that do not generate enough income to support high wage levels.
Key findings from a recent study found that “in the six months prior to the wage effective date, all 30 area codes in California were among the area codes with the highest rate of limited service menu price increases in the nation. He was in the top 30%.”
Harsh Ghai, a major California fast-food franchisee, is rushing to install kiosks in his restaurants to cut costs as the $20 minimum wage hurts businesses across the state, Bright said. Bart News reported Friday.
Touchscreen ordering and payment kiosk at Taco Bell fast food restaurant (Lindsay Nicholson/Universal Images Group, via Getty)
According to Breitbart News, Democratic Congresswoman Barbara Lee (D-Calif.), who is running to replace the late Sen. Dianne Feinstein, said in a February debate that she wants a $50 minimum wage. said.
Lee said, “Just do the math. Of course we have a national minimum wage and we need to raise that to a living wage. You’re talking about $20, $25, that’s fine. But , in calculating this, we must focus on what California needs and what the affordability factors are.
Readers can: clock Exchange here:
Senate candidate Barbara Lee has a solution to inflation and high prices.
Raise the minimum wage to $50 an hour pic.twitter.com/H5Ema1pGY5
— End Wakeness (@EndWokeness) February 13, 2024
The paper noted that “Mr Lee was ultimately unable to answer the question” of “how economically sustainable it is for small businesses.”
