(part 2)
Yes McDonalds has more than the Big Mac, but it's the "Iconic" Burger, so that's why it's used. This isn't accounting for Shift Supervisors or Managers, this is just Employees. Lets add a Shift Manager, and say they make $10.00 right now, and subtract the counter person. This brings the Labor costs to $24.50. McD's would need to sell 5.6321 Big Macs. OK, so same labor, and keep the same spacing of shift supervisor to employee wage (Difference of $2.75), to the $15.00 Minimum Wage. Labor Costs would be $47.75, meaning that McD's would need to sell 10.97701 Big Macs per hour. This isn't counting the lights and power to run the equipment and registers. This isn't counting the price of product. This is just Labor. I can give proof of concept in real time right now. $4.39 is the price where I live. In Los Angeles, California the price of a Big Mac is $5.89. Minimum Wage in Los Angeles is $13.00/hr. Same Burger, same stuff to make it, but $1.50 more in Los Angeles than where I am. So tell me that I am wrong when I state facts #1 and #2. Show me proof that I am wrong. Yes, I would like to see a wage increase, but not to where it's going to kill small businesses and cause companies to not hire as many employees. Yes I used McDonalds, but they are a national brand, so it was easy to compare prices between different areas.
