I always find it fascinating that nobody mentions the elephant in the room with regards to minimum wage. Instead of raising the price of goods (BigMac in this c

I always find it fascinating that nobody mentions the elephant in the room with regards to minimum wage. Instead of raising the price of goods (BigMac in this case), there is a much simpler answer - reduce profit. Given that McDonald's makes approximately $10B in profit per year [1], I think everyone up the chain will still be able to keep their mansions and multiple homes if it only makes a couple of billion in profit each year. [1] https://www.macrotrends.net/stocks/charts/MCD/mcdonalds/gross-profit https://www.macrotrends.net/stocks/charts/MCD/mcdonalds/gros...