Posted on 05/21/2024 12:44:39 PM PDT by Red Badger
It's crazy to think how much better we had it just five short years ago. You could get a $1.29 McChicken, a $1.69 5-layer burrito from Taco Bell, 8 nuggets at Chick-fil-A for $3.05. We had it made!
Since 2019, however, those prices have essentially doubled, and that's not only outrageous, it's depressing.
Let's check on the numbers, shall we?
So here's what inflation looked like overall during that period:
According to the Bureau of Labor Statistics' inflation calculator, prices in general went up by around 21.5% between December 2019 (prior to the onset of the COVID-19 pandemic and economic issues that followed) and March 2024 (the latest month for which CPI data was available as of this article's last update).
21.5% inflation over five years!!! Outrageous, though we did spend a whole heck of a lot of money during that whole pandemic thing.
What's more outrageous, however, is the way fast-food prices have risen during that same period — significantly more than that 21.5% number, I'll tell you that much.
Check out these numbers:
McDonald's:
Taco Bell:
Chick-Fil-A:
Burger King:
In-N-Out:
Jack in the Box:
It seriously hurts my brain to see these numbers!
I am amazed, however, that through all of this inflation Jack in the Box has stood strong on that "two tacos for 99¢" deal.
$5 never tasted so good! A few takeaways from the data up there:
How much have fast-food prices gone up since 2020?
Prices of the items we looked at at the six restaurants listed above went up an average of 77.4% between late December 2019 and mid 2024.
Which fast-food chain raised prices the most?
Across all of the menu items listed for each of the six restaurants checked, McDonald's raised prices more on average (141.4%) than any of the other five restaurants included in this list.
Those aren't official numbers, by the way. They only include those six fast-food joints and the items listed above. But still, this is worrisome.
So as if overall inflation hadn't hit us hard enough, we in the lower tax brackets — the folks who eat fast-food — got hit with a ~77.4% increase in fast-food prices.
And that, ladies and gentlemen, is what life is like in Joe Biden's America.
Most get the meal for 5 bucks.
********************
Only in an alternate universe are you getting the meal for 5 bucks.
First they steal the election.
Then they double prices on everything.
Then they call us “haters” if we object.
By then it is far too late for a proper correction.
Yes socialism gouging cuts deep.
Exactly....
Just got lunch at Wendy’s in Littleton, CO.
$6 and change for two good sandwiches. Water is free.
My every-day lunch place!
I live in a red state. Sorry you don’t.
I don’t go there but how much are those “five dollar footlong”s these days?
I live in an expensive part of the country (PNW) but prices in the chart are way over the top. Ours are no where close to that.
Big Mac
Chart: $7.49
Adam’s Franchise, here: $4.79
Medium Fries
Chart: $4.19
Adam’s Franchise, here: $2.79
What’s the deal?
you’re right.I live in the Socialist Republic of Maryland. But even in a red state, you’re not getting a Whopper or Big Mac meal for 5 bucks.
I’m sorry, correction:
Big Mac here is $5.99, not $4.79
The Big Mac Medium Meal is $8.99
I always use app deals and rewards so never even pay those standard meal rates.
Are people buying big mac et al at these prices???
I use to go all the time before Biden and before I became a carnivore . no bread lettuce tom ONLY meat for me now
The insane state braying about minimum wage increases is what is behind most of the cost increases. What happens is the worker gets a higher per hourly wage, the owner has to raise prices to cover the added costs and the State pushes people into paying higher income taxes with no benefit gained. It’s a disgusting inflation loop.
Nothing at Jack in the Box is edible... Nothing.
[Part of the reason for soaring prices is the cost of labor but it is not the only cost. Mostly it is the justification for price increases. The soaring prices are also from greed and stupidity and taking advantage of a situation and hiding behind it. If the cost of labor doubles, even though it is only a fraction of costs, they double prices across the board. That is greed and stupidity and I have seen it many times before.]
https://www.marketwatch.com/investing/stock/jack/financials
A lot of consumers are college kids, commuters and folks on a small income. They are hit hard along with the high cost of fuel. The dims claim they are for the little guy, but their policies are screwing over all the little guys. Too bad too many of them are too stupid to figure that out.
I live in a red state, Tennessee. Below average cost of living. The Big Mac meal on the app, regular price, is $9.19.
Alright. I forgot tax. Sheesh. I lived in socialist state of Maryland until I moved to free Florida. I think you should come down when you can. It’s not bad.
Your sales tax is half of that.
I believe it. Took the grandkids to dinner at Chick fil A and it cost $50
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.