492
Despite Apocalyptic Warnings, California Fast Food Wage Hike Didn’t Kill Jobs
(capitalandmain.com)
You mean to tell me billionaires lied?
this post was submitted on 15 Apr 2026
492 points (98.8% liked)
Work Reform
16111 readers
8 users here now
A place to discuss positive changes that can make work more equitable, and to vent about current practices. We are NOT against work; we just want the fruits of our labor to be recognized better.
Our Philosophies:
- All workers must be paid a living wage for their labor.
- Income inequality is the main cause of lower living standards.
- Workers must join together and fight back for what is rightfully theirs.
- We must not be divided and conquered. Workers gain the most when they focus on unifying issues.
Our Goals
- Higher wages for underpaid workers.
- Better worker representation, including but not limited to unions.
- Better and fewer working hours.
- Stimulating a massive wave of worker organizing in the United States and beyond.
- Organizing and supporting political causes and campaigns that put workers first.
founded 2 years ago
MODERATORS
Always valid.
Let the businesses fail. We have a new generation of people who’d be happy to have their chance in a truly free market.
Or we could just admit capitalism isnt viable and do some kind of communism. Ideally an anti-hierarchal one.
I’m down for democratic socialism with ranked-choice voting, no EC, and worker co’op based business management. The economics of capitalism can stay, but only under proper management (i.e., the working class — who actually create the capital). Where’s your petition? I’ll sign.
Nearest billionaire or cop's skull. Its on the inside so it might be a little tricky to get to.
This expresses my thoughts exactly, but way more eloquently than I can.
Ah yes the petition, the working class's most powerful weapon, feared by oligarchs and petty despots alike!
In terms of what we pay at the cash register, the report found that restaurant owners had increased their prices by only about 1.5% — or six cents on a $4 item.
had increased their prices by only about 1.5%
Tariffs and war against Iran have done a lot worse
Isn't that literally what people were forecasting?
The idea that raising wages is inflationary is simple, elegant, easy to understand, and wrong.
it's the biggest econ101 meme and refuses to die no matter how many times it's been proven wrong.
I even remember in econ101 my professor brought up the basic analysis, then brought up a really cool example of this where the minimum wage changed in one state but not another in two towns right on the border. It was the perfect econ experiment to prove how supply and demand would cause inflation.
The next 5 years saw no change despite a 2 dollar an hour increase on one side only - the two towns maintained equal pricing, and no increase to inflation or pricing compared to the typical rate.
My favorite part was that he managed to be excited about it properly, because it was and is cool science to him when usually economics is trying to analyze how changes happened with way too many variables.
raising wages is what allows people to handle inflation - suppressing wages to fight inflation is ass backwards, even if wage growth created some inflation
But but but there was this one paper from that one economist saying that if we raise the minimum wage that everyone will go out of business and inflation will be worse than 1920s Germany.
NO! Do NOT look at the actual real life examples where raising the minimum wage resulted in more economic growth and activity and lifted thousands out of poverty.
-Some dumb CEO.