• @SCB@lemmy.world
    link
    fedilink
    521 year ago

    If, like me, you’re concerned that franchisees may not be able to raise prices and offset this $250k in yearly expenses, worry no more because they totally can.

    This whole complaint is nonsense. That’s a trivial markup per food item.

    • SokathHisEyesOpen
      link
      fedilink
      English
      13
      edit-2
      1 year ago

      They can, and they always do. Yet for some reason people argue that they won’t, every time wage increases become a conversation.

      • @CeruleanRuin@lemmings.world
        link
        fedilink
        English
        121 year ago

        Well, their problem is they already planned to increase prices with zero added benefit to employees or customers. Asking them to actually contribute something in exchange for their gains? Psshhh

        • SokathHisEyesOpen
          link
          fedilink
          English
          71 year ago

          Yes, but now they’ll increase them twice, or twice as much. I know, I know, there are economic studies that say otherwise and the general consensus on the left is that prices don’t increase when wages do. I recognize that personal experience doesn’t hold a candle to scientific information. Yet, every single time I’ve seen wages go up in my entire life, the prices soon follow, wiping out the improvements for minimum wage workers and further eroding spending power for the middle class. The poor stay just as poor, the middle class shrinks a little, and the wealthy aren’t impacted at all. I’ve read studies that say differently, but it’s pretty hard to ignore a lifetime of experience. Now please recognize that I’m not advocating against a wage increase. I’m advocating for a law alongside the wage increase that blocks any associated price increases.

          • @CeruleanRuin@lemmings.world
            link
            fedilink
            English
            51 year ago

            That’s not a bad idea.

            What would also help is an actually meaningful wage increase that isn’t just a handful of crumbs thrown out to give politicians something to brag on for their campaigns. Something that actually keeps pace with the cost of living increases, and makes up for decades of failing to make such increases.

            I suspect your right, though, that it will always end up with the wealthy even wealthier, until we address them directly and start making laws with teeth that curb their hoarding of that wealth and stomp on their ability to influence policy with it.

      • Restricting your own wage increase in the hope that companies won’t add to inflation is very much like trying to be extra nice to an abusing partner in the hope that they won’t hit you.

        I know that you later wrote that you’re in favor of a law restricting their ability to increase prices so please take this as an aside.

    • @Pyr_Pressure@lemmy.ca
      link
      fedilink
      21 year ago

      Exactly, how many burgers would a staff of three people push out every hour? 100? If their wages went from $15 to $20 that’s an increase of $15 an hour or an extra $0.15 increased burger cost.