In an effort to try and eat a little healthier these days, I've been avoiding fast food as much as possible.
That's not to say I don't fall victim to a Big Mac attack (anybody still use that term anymore?) every now and then.
You've probably heard of the protests that have been going on where fast-food workers want to make a "living wage" of $15 an hour. Chains say they'd have to jack up prices if that ever happened.
But just how high?
Turns out, not as high as you might think, at least according to one researcher (a student at the University of Kansas.) He found that if McDonald's immediately doubled the wages of all its workers (including the $9 million CEO), it would have to raise the price of a Big Mac 68 cents, from $3.99 to $4.67. Items on the Dollar Menu wouldn't qualify anymore, but that hike is modest as well, to $1.17.
68 cents is literally chump change to me. 17 cents on top of a Dollarr Menu item is even less of a concern to me. If the research in this article is valid, then Isay we should just chalk up the extra cost as a personal tax for eating food that we know isn't very good for us. Jeesh! 68 cents?! Give those poor workers a raise already.