#1,993 - McDonald’s insane new prices ($18 Big Mac) chart supersized toll of Bidenomics

A McDonald’s in Connecticut is charging nearly $18 for a Big Mac combo meal, according to this week’s Working Lunch government-affairs podcast. But don’t regard it as a fluke, say the broadcast’s co-hosts.

The episode looks at McDonald’s plan for coping with California’s landmark new wage law, which will raise the minimum wage for more than a half-million fast-food workers to $20 an hour on April 1. The quick-service giant has already informed its shareholders that it will raise menu prices to offset the impact, though without specifying how high of a price might be needed.

“I suspect it will be close to that Connecticut price point,” said Franklin Coley, who co-helms Working Lunch with Joe Kefauver, his business partner in the Align Public Strategies political consultancy in Orlando, Fla.

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