California's $20 Minimum Wage Forces Closure of Iconic Hollywood Arby's and San Francisco McDonald's

An iconic Arby's on Sunset Boulevard in Hollywood and a McDonald's in San Francisco have both shuttered their doors, citing California’s new $20/hour minimum wage as a key factor. Arby’s owner Marilyn Leventon, 91, highlighted the pandemic and costly technological demands as additional burdens. McDonald’s franchise owner Scott Rodri pointed to soaring rent, taxes, and mall fees, alongside the mandated wage hike, as reasons for closing. These closures underscore the struggles fast food businesses face in high-cost urban areas under aggressive economic policies. Critics argue that these liberal policies, intended to support workers, are instead forcing businesses to shut down, leading to job losses and economic instability.
#MinimumWageCrisis #CaliforniaEconomy #FastFoodStruggles
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00:00 - Arby's closing sunset
02:18 - Expensive McDonald's location
04:34 - Business closures epidemic
07:30 - Increased operational costs
10:23 - Failed state policies
12:36 - Unskilled labor wages
15:08 - Intentional closures speculation

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