This isn’t new, it’s just been a while since we experienced a mature inflationary economy. Prices and wages leapfrog each other and everyone loses in real terms until the excesses are shaken out and we can have the next Goldilocks period.
All those raises will now lead to layoffs, as always.
Not cheaper at most fast places here.
I just looked at the local McDonald’s menu online. A Big Mac, fries and soft drink is $9.19.
Cheap fast food is gone. Thanks to 15+ dollar minimum wage demands plus Biden inflation. I got a 8 piece bucket of KFC yesterday and it cost me 30+ dollars. Crazy.
I am at McDonalds and just had four double cheeseburgers and a large coke for $8.65.
You vill eat no Bik Maks und be happy!
Im more pissed that muh bottle of Wild Turkey has climbed up to $23!!
And $8 for a pound ‘o bacon!? Thats cruel.
I can order almost anything online in minutes, then drive to pick it up and it’s ready when I get there. I can do this for $13 all day long, actual GOOD FOOD.
The fast food model is dead.
Von Mises demonstrated that capitalism is an economic system rationally planned by the combined, self-interested efforts of all who participate in it. If MacDonalds can make a higher rate of profit by charging higher prices means that it should do so.
A friend wanted me take him through McDooDoo’s drive through. The sandwich was ridiculously expensive and it may as well be a slider it was so small. The fries are so thin now you can practically see through them.
I haven’t gone there in years.
-SB
Post Falls, ID is close enough to Spokane, WA to influence the wage rate. WA minimum wage is almost $16 per hour while ID is $7.25..
At DFW airport had a Wendy’s burger only, no meal nor drink. Cost 7.50 which was a thin, tasteless, lukewarm so called patty. Tasted of mayo slop more than anything else. Sucks paying good $ for such crap food too.
I remember when a McDonald’s Hamburger cost 29 Cents, Fries 19 cents, small soda 10 Cents.
I got a big mac combo meal a month or two ago for Ten dollars and some cents.
Sometimes when I’m hungry and in a hurry I don’t mind too much spending ten bucks on a fast food meal, but I have noticed that in the last four or so years, Most fast food (or even chain pizza) has become somewhere between inedible to barely edible. About the only thing I still actually enjoy is McDonald’s Or Sonic’s french fries.
You can go to Denny’s and get a loaded double cheese burger and fries for under $14. And it won’t be that crappy processed beef. With a drink/ Tax/ and tip it will $20. But the difference in quantity and quality is huge. And you will get waited on.
Local Dairy Queen has burger fries and a drink with an ice cream sundae for less than $10
I only buy from the dollar menu, which is now the $2, $3, and $4 dollar menu.
If you have kids, it’s tougher to stay within budget.
Bet that’s going to put a major bite on their stock.
I picked up mcChicken for $1.57 earlier today.
Everyday price
And yet, he paid for it!
"Flabbergasted' is incorrect. Use 'stupid' instead.
Went to local diner and had two eggs over easy, home fries, three sausages, two pieces of toast, coffee and cranberry juice. for 12.00. Fast food not worth it anymore.