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And then, when this predictably puts all the small time, local food joints out of business, the people that vote for these clowns will be complaining that big corporations control everything.
Can you guys even see 10 inches in front of your own nose?
Uh... no? It's right there at the bottom:
Small time, local food joints would not be required to raise wages above the current minimum. They'd actually be able to compete more.
What the heck are you smoking?
OK I fat fingered 20 instead of 60. That's even better for my argument. To get the good pay you have to work for a huge multinational. Who else has 60 locations in the US alone?
What are you smoking? You know there's a labor market right? And companies compete for workers? Imagine you run a taco shack and every one of your employees is waiting for the minute there's an opening across the street at taco bell, or the opening of the new burger king down the street. What do you do? High turnover and employee resentment or raise wages? If raising wages means going out of business you're stuck.
And then small minded people like you will be in a thread in 2 years quoting statistics showing how big corporations are putting smaller ones out of business and taking over all the industries, even going so far as to blame corrupt politicians and corporate capture, conveniently forgetting that you cheered on the very corporate capture legislation that led to it.
This is what I knew you meant and very good points by the way.
They all just showed their own absolute ignorance about how an economy actually functions by their responses.
I would rather see the franchisees go under for a more limited impact to the economy overall (more inflation).