what do you guys think of this? if it passes, it will definitely be an interesting social experiment.
my main concern - this is pretty unfair to people who don’t work at large fast food chains. At the same time, fast food chains have one of the widest gaps between lowest and highest earners, if not THE widest in all American industries. it will be interesting to see if low wage earners jump ship from mom and pop pizza places, gas stations ect. and move to fast food places. but will there be room? will all other employers have to raise their pay to keep workers? will it make them go out of business? or will the raise in pay boost the economy thus creating more jobs??? realistically the lowest wage earners spend around 100% of their income while the ones at the top spend a fraction of theirs. only time will tell.
I for one am super excited to see what happens if this passes. lets hear your opinions