Americans are choking on surging fast-food prices. "I can't justify the expense," one customer says
Americans are choking on surging fast-food prices. "I can't justify the expense," one customer says
The price of a McDonald's Quarter Pounder with Cheese meal has more than doubled since 2014, data show.
Kevin Roberts remembers when he could get a bacon cheeseburger, fries and a drink from Five Guys for $10. But that was years ago. When the Virginia high school teacher recently visited the fast-food chain, the food alone without a beverage cost double that amount.
Roberts, 38, now only gets fast food "as a rare treat," he told CBS MoneyWatch. "Nothing has made me cook at home more than fast-food prices."
Roberts is hardly alone. Many consumers are expressing frustration at the surge in fast-food prices, which are starting to scare off budget-conscious customers.
A January poll by consulting firm Revenue Management Solutions found that about 25% of people who make under $50,000 were cutting back on fast food, pointing to cost as a concern.
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All of the megacorps are raising prices because they know consumers cannot do anything about it.
Meanwhile, wages can't keep pace with inflation because, "tHaT wOuLd MaKe ThE pRoBlEm WoRsE" Yes it would, but only allowing huge corporations to do that shit makes the class disparity worse and not allowing individuals to match is boiling a frog in water.
The thing about boiling the frog in water is that eventually the frog jumps or dies.
Eventually the minor quantitive shifts will result in a sudden and drastic qualitative change.
The only good thing about this is now farm fresh food is about the same as grocery store prices. So now i can better justify shopping local :)
We’d all do better to let this help us kick the fast food habit
Yup, and all the politicians playing make-believe and making a big show of scratching their heads like they just don't understand what's causing inflation has just emboldened them. We're still living with the price gouging from the pandemic.
I'm surprised they're not still trying to claim it's from the stimulus checks lol.
Sounds like Kevin Roberts did something about it.