One last thing is that anyone who has worked at McDonald's knows that 90% of them are privately owned. Therefore, in a way not even McDonald's would be able to afford it outside of their corporate stores which only exist in large cities. We may see private owners selling some of their McDonald's to make ends meet.
I can safely say with an embarrassing level of expertise on this subject that this is entirely false.
You are correct that McDonald's is in a better position than other restaurants to respond to minimum wage increases (and this is as far as your accuracy goes), but the very idea of an owner of a McDonald's having to 'make ends meet' at
any point in their life is so laughable that it is pure comedy gold. It is a company, after all, that looks to cut hours even when making record profits without increasing wages.
The owner of the McDonald's I worked at was 'struggling' because he had to give up one of his stores due to not meeting the corporate standards at another location. As a board member for the state's gambling commission, he was not ever experiencing any hard times - in fact, repeatedly violating legal and ethical standards in doing so, and managed to buy another location once his worst performer (a restaurant with over 75 employees, to put the scope of his wealth into perspective) improved its results.
