So, I was reading an article this afternoon where fast food places are raising their wages in hopes to garner new employees so that they can stay open. Some are paying up to $20/hr. And giving sign on bonuses. That’s what $42,000 a year to flip a burger. That’s insane. If this truly happens then inflation will be coming quick and hard, worse than it is currently. And what these people don’t realize is, it will hurt those getting the increase the worst. At best they didn’t really get a raise, they just think they did. But if they really do this then that happy meal at McDonalds will cost $20 vs the $5 it does now, which IMO is only going to hurt them worse. But they aren’t giving the raise increase out everywhere, only some places which I turn did what to the rest of the employees? Yeah, that’s right they are furious and now are refusing the go to work because they say they deserve the same raise their counterparts are getting. Can’t blame them. So yeah, once again it’s only created more problems. Not to mention if this does go through, what’s that going to do for skilled workers? It’s then going to trickle up and turn them off. Why bust your ass for $22/hr. When you can work in a much less stressful environment in the AC and so on making $20/hr.? This certainly ain’t going to help matters, at all. But hey, I’m sure Biden has a plan that will take care of it.
