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 â 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 â the folks who eat fast-food â 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.
I had to download the app to see the cost. 5.69 Iâm not sure if tax is included. Iâm not signing in.
5.69 for the Big Mac. Had to download the app to find out.
. I think you should come down when you can. Itâs not bad.
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If I do pull up stakes it will probably be Florida. The hard part will be convincing my partner. She thinks it’s too flat and too many mosquitos.
I am saving so much money not buying that stuff.
Eh, unhelpful article. McDâs pricing varies greatly by region.
It seems to me that Biden inflation affects poor people a lot more than the rich.
Food, housing, transportation.
The stuff poor people usually do not buy, or even cannot afford, are inflating less.
In weird, but logical way, the socialist in general increase the class gap, while the free marketers lift the poor up.
Punishing the rich mostly punishes the “would be rich”, so the already rich grow richer.
There is less competition to lower the prices and there is less opportunity for the poor to get jobs.
Medium Big Mac meal in GA is $8.99.
Then we need a recession or even a depression. Something has to reign in prices and even wages. We know the root cause, printing too much money. People were paid more to stay home than they were paid for working before. They demanded more than they got in handouts to go back to work. Market watch is just another fan of the other side. Their bias and conflict of interest is deep.
When I was a kid they sold for a nickle. I made a quarter a day delivering newspapers and could make myself sick with that. 5 cent cokes, 5 cent potato chips or a 16oz Dr Pepper for 12 cents.
Thus the name change to Gag in a Bag.
It actually has some hills. But it is pretty flat. Maybe sheâll change her mind.
J in the B so-called food should come with a warning label printed on every bag...
“Warning Not for human consumption”.
Neither is slow food (groceries).
Or gasoline.
Yeah, because nobody buys that stuff. /sarc
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