Fast food has good margins and a customer base that is surprisingly price insensitive, beyond that of choosing where to eat out. People who have time, skill, or

Fast food has good margins and a customer base that is surprisingly price insensitive, beyond that of choosing where to eat out. People who have time, skill, or inclination to cook at home usually already are, and those who are not take a lot of convincing to change their habits. I very much doubt that at the level of fast food employee on minimum wage, you will see all that much of a change in the job, or for the people in those jobs to change all that much, purely because of a hike in minimum wage at that level. Of course, if minimum wages were inflated high enough to make fast food businesses in general unprofitable, and not just the badly run ones, then this would cause economic problems, but I am not aware of this situation having occurred anywhere. If someone can tell me of a jurisdiction where McDonald's cannot run a restaurant, due to minimum wages being too high, then I'd love to hear, but it would seem to be an extreme exception, if it happens at all.