Birdwatch Archive

Birdwatch Note Rating

2022-12-15 18:21:43 UTC - HELPFUL

Rated by Participant: 2AFC0005B1822C21F2F0BE27B97CCC2A97FEE2A907BDCCC3F61CF2ECE45A2B93
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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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