Fast-food and restaurants may struggle to survive due to higher costs in the upcoming recession.

Is McDonald's pricing themselves out of the fast food market? Their reputation was for cheap food.

Now people are realizing that with higher minimum wages ($15 to $20 per hour) and high food costs, now McDonald's is costing just as much as restaurants with higher perceived… pic.twitter.com/GJuaRxlvdx

— Wall Street Silver (@WallStreetSilv) December 14, 2023