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Monday, August 03, 2015

If Fast Food Workers Earn More, Is The Food More Expensive?

If we pay fast food workers a higher minimum wage, what will that do to the price of burgers and fries? That's the question I discussed with Washington Post reporter Roberto Ferdman, who has delved into the economics, as well as how those outlets wouldn't have to fire people -- instead, they'd end up with more productive employees. That's not what the restaurant lobby wants you to believe, but Ferdman has run the numbers and checked the research. Watch above or listen to the audio-only version, then click here to subscribe to these podcasts via iTunes!