We agree mostly. I'm sure they would never "give back" the labor spend they've already 'learned to live without.' Though if you cut minimum wage, it'd suddenly become possible for a new entrant to open a restaurant that would embarrass them, by having twice the staff while holding other things similar. Today that's impossible to do without losing a ton of money, so the current businesses are protected from competition (other than from those "cult" type of place like In-N-N-Out. But how much more business can McDonald's really lose to In-N-Out, since they're basically running at capacity).