McDonalds’ CEO, Don Thompson, says America’s current economic environment is leading the international fast food chain to raise prices and rebrand the Dollar Menu, the “Dollar and More Menu.”
According to Bloomberg Businessweek,the McDonalds CEO claims the new price spike is based solely on “rising commodities and labor pressures.”
Right now, the biggest “labor pressure” in the American market is Obamacare’s federal mandate that requires employers to provide insurance to all full-time workers.