this post was submitted on 19 Aug 2024
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Out of curiosity, I found these two maps.
Big mac prices:
Min wage:
I don't care enough to plot a scatter graph of min wage vs big mac prices, but at a glance it seems to be loosely correlated at most.
I wonder if we will ever see a Big Mac that costs more than an hour's worth of minimum wage work.
Absolutely. Beef will get more expensive because it requires a lot of drinkable water, and minimum wage will go down because it doesn't keep up with inflation.
Except McDonalds burgers are mostly filler, shouldn’t be tied that much to beef index.