Birdwatch Archive

Birdwatch Note Rating

2022-12-13 19:56:12 UTC - HELPFUL

Rated by Participant: 3C59B26672B1DBDEB4ADB27141D65E6EB8084A0B262A38CC775AEC2C0F401539
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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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