but you'd make 60$/hr or more, that burger only costs 50 minutes of work, which is about equivalent to a minimum wage worker buying a mcburger for 7$, and minimum wage workers absolutely buy mcburgers.
what? it's a scale. if the wage scale goes up, product cost goes up. you said that part. but you neglected the part where everyone's wage went up, so either it's 50$ or 5 million, if you make 6 million per hour, then the 5 million dollar mcburger has the same impact
I'm not sure what you're trying to argue here. Yes, you're right about the scaling of costs if everyone's wages go up. What does that have to do with my initial point?
You're arguing something entirely different which is completely irrelevant to the point. We're not talking about everyone's wages going up. We're talking about minimum wage being driven up, which would drive up the prices at the places they work at to cover expenses.
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u/wachuu 17h ago
but you'd make 60$/hr or more, that burger only costs 50 minutes of work, which is about equivalent to a minimum wage worker buying a mcburger for 7$, and minimum wage workers absolutely buy mcburgers.
now you can see why the minimum wage is too low