Perhaps the BEST B1G Forum anywhere, here at College Football Fan Site, CFB51!!!

And they have no state income tax.

McDonald’s is just one of 1 million examples though.

And as a general rule rising labor costs are passed along to the consumer via higher prices. Otherwise businesses would be forced to reduce their profits and of course they’re not going to do that.

This does not start the inflation wheel but it definitely makes it spin faster.

It's  not $10 but it's also significantly more than the 4.3% you mentioned a page ago.

I was around North Port this past week, new developments are going in everywhere.  I sense land prices there are relatively cheap as compared with much of developed Florida, and there is a lot of it still.  The developments look cookie cutter, some entrance and then houses packed together rather tightly, a lot of landscaping on the main road and often a gated entrance.  It has grown a lot in two years since the Braves moved there.

or the Rolling Stones

doesn't matter the meal/burger/whatever. choose the nugget meal, or cherry pie.

cost will go up from what they are now, but not enough to throw the system haywire.

Big Mac is commonly used for this type of analysis because it's ubiquitous the world around.

Prices have gone up, mostly due to wages. Sure, meat is up 10-15 percent everywhere. We know this.

I posted a small example about our local haunt.

The floor is rising, not the ceiling.

I used the Big Mac. You can substitute anything.

For (just about) any business, the biggest cost is labor. When an owner has to pay double to get workers, we see what happens.

What Are the Ranges?

Certain fast food restaurants can achieve labor cost as low as 25 percent, while table service restaurants are more likely to see labor in the 30 percent to 40 percent range, depending on the menu and extensiveness of service. Food costs (including beverages) for the restaurant industry run typically from the 28 percent to 35 percent range, depending upon the style of restaurant and the mix of sales.