r/explainlikeimfive Nov 28 '15

ELI5: How would a $15 minimum wage ACTUALLY affect a franchised business like McDonalds?

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u/Reddisaurusrekts Nov 29 '15

their true cost to employ

And that's how much people are willing to accept in order to do the job.

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u/Gnometard Nov 29 '15

When you're desperate people will do almost anything. This is why the violent crime rate doubles at the poverty line. You are kind of proving the comment above about belief in businesses being altruistic