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by completelylegit 778 days ago
Chains were raising prices way before the minimum wage hike. Everyone is, that’s inflation.

WSJ desperate to make it sound like California’s initiatives are backfiring.

2 comments

It's gone up everywhere, but California is definitely unique in just how much it is shooting up, especially after the minimum wage increase was passed: https://www.qsrmagazine.com/story/californias-fast-food-wage...
it’s not a given that prices must rise that much. In-n-out raised their burger prices by $0.25.
That is because that particular fast-food chain was already paying most of its workers more than the new minimum wage.
Proving it can be done. These other companies should lower their profits instead.
> That is because that particular fast-food chain was already paying most of its workers more than the new minimum wage.

and delivering superior product below market price. So, this is purely business efficiency/optimization aspect and not external factors.

Yeah fast food already crazy expensive out here. Its already about the same as a sit-down restaurant. No real reason to buy it. Maybe this is the beginning of the end?