Birdwatch Note Rating
2022-12-12 01:23:14 UTC - HELPFUL
Rated by Participant: AF284A94F0F99DF4A7A1A9F0ADBF48CE8CF674E8F3DAC0EA345D6C665A7D37FB
Participant Details
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
All Note Details