+1 for sources and data, but keep in mind that the minimum rate hike doesn't fully rise to $15 until 2020. If this were happen immediately, then I'd probably concede your point.
But we've got a while between now and then, and I think both inflation and the rising cost of beef will play a role. And who knows if automation will play a part?
I bet that $8.28 for a Big Mac meal in 2020 will seem like a good deal.
But we've got a while between now and then, and I think both inflation and the rising cost of beef will play a role. And who knows if automation will play a part?
I bet that $8.28 for a Big Mac meal in 2020 will seem like a good deal.
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