If a $15 minimum wage is adopted by a majority of states across the country, or perhaps even around the world, how much would your Starbucks frappuccino cost? What about a McDonald’s 10-piece nugget meal? Or a Whopper meal from Burger King?
Here is a chart from Daily Signal, using data from the Heritage Foundation:
If you thought Pizza Hut was expensive now then just wait until $15 becomes the new minimum wage.
The Fight for $15 crowd usually dismisses these kinds of numbers by arguing that we shouldn’t just concentrate on fast food items. However, it isn’t only cashiers at Wendy’s making $7.25 an hour who will make $15. It will also be that customer service agent making $11 or computer technician making $13 who will see their wages go up to $15. The $15 minimum wage will have a ripple effect and raise the cost of living for millions of Americans.
Of course, as the job of a McDonald’s cashier becomes obsolete due to automation, those same people advocating for a $15 minimum wage will see their jobs lost as a result.
You’re seeing more and more companies installing these self-serve kiosks every day. This is the future.