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Right, my point wasn’t that people won’t pay $20 for a burger and fries, just that they won’t pay $20 for a burger and fries at McDonald’s .


Then maybe a business that can't make enough money to pay livable wages should cease to exist? I thought this was the idea all along?


> "Then maybe a business that can't make enough money to pay livable wages should cease to exist?"

Sounds like a recipe for business closures en masse and ballooning unemployment, which I don't think is something anyone wants.


McDonalds is run well enough that they'd never do that anyway. They'd phase in changes to adapt to market conditions.


McDonalds, the corporation, would have some financial runway in which to adapt. The franchisees that own and operate individual McDonalds restaurants, however, they would most likely be decimated.




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