Birdwatch Archive

Birdwatch Note Rating

2022-12-12 01:13:31 UTC - HELPFUL

Rated by Participant: 0D5C9560C840E140B9664BB9CE995FC1382114A3CC5B86F04E4E43175D0CCA6B
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Original Note:

Economists have competing models of minimum wage impacts on fast food prices, but all show increases. In the context of a 2022 min. wage law in CA, UC Riverside’s Chris Thornberg predicts a $22/hr rate would raise prices 20%, while UC Berkeley’s Michael Reich predicts 2.3%. https://finance.yahoo.com/news/law-could-raise-fast-food-130039773.html

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