[proxy_user]

Mostly salaries. The guy who worked for $12 an hour is now making $20.

[Obadiah]

So when Biden talks about corporate greed, he’s really referring to McDonald’s and Burger King, huh?

$7.49 for a Big Mac or Whopper? Are you insane?

[fwdude]

Let me guess. Fast food isn’t in the ‘basket of goods’ used to measure inflation.

[thesearethetimes...]

Mark

[cherry]

I am not paying those prices unless we're traveling and we need something quick...

and no drinks...

you can go sit down and have a decent meal for a little more than these prices...

[Steve_Seattle]

A few weeks ago I noticed that regular-sized candy bars (not “jumbo” or “king sized”) like Snickers were selling for between $1.60 and $1.75 at local stores. Just a few years ago I think they were selling for about 89 cents.

[voicereason]

Joe Biden did that!!!

[HartleyMBaldwin]

I’m curious where you can still get two Jack tacos for 99 cents. They went up here at least a year ago, I think they’re something like $1.49 now.

[Sequoyah101]

Only one thing will reign in prices. What is that you say? Stop buying the stuff.

Inflation, too many dollars chasing too few goods.

Deflation, not enough dollars chasing too many goods.

It is elementary Watson.

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.

Don't like the beast? Starve him. Pack a sack lunch, take a picnic, eat at home, stay at home. If everyone did this in 6 months prices would come down. But, people will not do this until they have no other choice.

[ProtectOurFreedom]

It's more instructive to look at the average annual inflation rate (below for McD and CFA). Remember the annual inflation rate under Trump was 2.5%. These are staggering ANNUAL increases for 4-1/3 years!

Item	Start 1/1/20	End 4/30/24	CAGR
McDonalds Medium Fry	1.79	4.19	22%
McDonalds McChicken	1.29	3.89	29%
McDonalds Big Mac	3.99	7.49	16%
McDonalds 10 McNugget	4.49	7.58	13%
McDonalds Cheeseburger	1.00	3.15	30%
Chick-fil-A Deluxe Chicken Sandwich	3.65	6.55	14%
Chick-fil-A 8 Nuggets	3.05	5.99	17%
Chick-fil-A 4 Chick-n-Strips	4.39	7.85	14%
Chick-fil-A Medium waffle fry	1.65	2.99	15%
Chick-fil-A Large milkshake	3.15	5.19	12%

[doorgunner69]

Glad I have not eaten that stuff for many decades.

I do admit grabbing a McD coffee at 0-dark thirty driving out to Ft Irwin. That was for survival.

[Chgogal]

The hefty increases are a reflection of piss poor management by the Executive and Legislative Branches of Government. The Biden's minimum wage increase and Energy Policy were obviously devastating. The Pelosi spending bills, the Senate's passing of said bills and Biden's signature were just as devastating. Morons are running this country.

[Organic Panic]

Heck. Sit down restaurants are double now. Even the Mexican food truck can’t sell a burrito for under $20. How long until Biden outlaws gardening supplies and seeds?

[Political Junkie Too]

The full effect of inflation is more obvious when one looks at the raw CPI. This shows the cumulative effect of Biden's inflation since he took office.

See how flat the red trend is during President Trump's term, and how steep it gets during Biden's term (green)?

Biden's rate of change may be slowing down, but overall prices are way up since he took office.

Here is the chart for overall inflation. It's clear in this chart that even housing, oil, and gasoline inflation were normal during the Trump administration, but these economic sectors were even harder hit by Biden's inflation.

Red line: Inflation trend during Trump presidency.
Green line: Inflation trend during Biden presidency.

This is the chart for "core inflation" that excludes food and energy.

Red line: Inflation trend during Trump presidency.
Green line: Inflation trend during Biden presidency.

-PJ

[cgbg]

First they steal the election.

Then they double prices on everything.

Then they call us “haters” if we object.

[sonova]

Just got lunch at Wendy’s in Littleton, CO.
$6 and change for two good sandwiches. Water is free.

My every-day lunch place!

[ChronicMA]

I don’t go there but how much are those “five dollar footlong”s these days?

[steve86]

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?

[Karoo]

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

[Bullish]

Nothing at Jack in the Box is edible... Nothing.