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We did raise the minimum wage, at least some states did.
Out of curiosity, I found these two maps.
Big mac prices:
Min wage:
I don't care enough to plot a scatter graph of min wage vs big mac prices, but at a glance it seems to be loosely correlated at most.
Just want to add for those who might not know, if the state minimum is below the federal, then the federal is used as the minimum.
So there are states where the politicians would tell business people “it’s not our fault you pay so much, we’d never want minimum wage at $7.25 and that’s why we never raised ours… we gotta fight for states’ rights!” (?)
Instead of matching the federal minimum (which is kind of a waste of time you could argue but that would occasionally send a different message at least)
I wonder if we will ever see a Big Mac that costs more than an hour's worth of minimum wage work.
Absolutely. Beef will get more expensive because it requires a lot of drinkable water, and minimum wage will go down because it doesn't keep up with inflation.
Except McDonalds burgers are mostly filler, shouldn’t be tied that much to beef index.
Seems like there's a few place with lower mac price but higher min wage, and from a quick glance it seems like higher minimum wage win a lot because at least in california you can buy more mac than say, new mexico or texas.
Absolutely. At the end of the day, whether or not a business pays a living wage almost always comes down to a question of whether or not the execs have a yacht fund, and to what extent.
Hoosier here. Suck it, Alabama and Wyoming, you have even shittier minimum wage than we do!
Wait, we all lose.
😕
You gave current big Mac prices yet wages from 2019. For example California now has $16 minimum wage and special $20 minimum wage for fast food workers.
My bad, I wasn't able to find a date on the inforgraphic for the bic macs. It's rather annoying to get up to date, well presented data like this.
I'd like to see a more recent one, since it seems the pandemic spurred a lot of the price gouging. Our minimum wage has gone up $3 since 2019.
Also, since there's not a huge difference in Big Mac prices between states, I'm wondering if national chains are using the min wage increase in a few states to increase prices across the board, rather than just increasing prices in the states with high minimums.
I’d like to see a more recent one, since it seems the pandemic spurred a lot of the price gouging. Our minimum wage has gone up $3 since 2019.
That information would definitely be interesting to see, but I wasn't able to find it. And for the purpose of comparing min wage to prices, pretty much any year before the pandemic will do, as the purpose is comparing min wage to prices, not how the pandemic gave the excuse to corps to fuck everybody.
Also, since there’s not a huge difference in Big Mac prices between states, I’m wondering if national chains are using the min wage increase in a few states to increase prices across the board, rather than just increasing prices in the states with high minimums.
I'd bet that's the case as well.
California since then increased minimum wage to $16 and fast food workers have a special minimum wage of $20.
Weston owns Canadian chains
There’s also minimum wage by County. Mine is $16.85
I'm assuming you are from California. The map is from 2019. Currently California's minimum is $16 and fast food workers now have a minimum of $20, so almost double of that.