Once viewed as a quick, affordable meal, fast food is increasingly seen as a luxury by many Americans due to rising menu prices, according to a new LendingTree survey. The financial advice website …
It’s capitalism, once you dominate the market share you raise prices.
Fast food pushed out small local shops, but there’s a few major chains everywhere. So now they’re more expensive than sit down restaurants, because the “speed” which isn’t all that fast anymore is treated as a premium and not a side effect from being cheap/easy food.
Like, everything is based off stock price, and stock price is about profit margin going up. And that’s exponential, it’s not mathematically possible to keep going up.
The only way is to keep pushing up prices and making products shittier.
It’s not irony, it’s working as intended.
Capitalism only works when you break up monopolies regularly so there can be competition.
Hell, this is way more evident in a franchise model. The actual owners can’t really do anything, they’re locked in long leases and are forced to buy from only one supplier.
If McDonald’s says party prices go up 50%, the franchise owner has literally zero options. They have to pay it.
The whole system is fucked and pretty much a pyramid scheme.
Just to add, Reagan ‘deregulated’ the hell out of the economy. It gave America a phoney boom in the 1980s.
In 1980, ‘middle class’ was still one Union job supporting a family of four, and $1 million was considered a vast fortune. By 1992, middle class was two incomes to keep the house going, and $1 million was what a rich guy paid for a party.
Republicans break shit, moderate Dems neglect to fix it.
For generations we’ve had a steady march to the right because of that system.
And considering the same people/corporations donate to both parties, it doesn’t seem overly cynical to say ourmodern political system is working exactly as the wealthy designed it to work.
Either our government is representative of its people and they don’t really want those things, or it’s not representative of its people and needs destroyed. See the Declaration of Independence for more information.
Which is ironic as fast food used to have 2 appeals - quick and cheap.
I’m not sure how quick they are these days because I can no longer afford it.
Is it tho?
It’s capitalism, once you dominate the market share you raise prices.
Fast food pushed out small local shops, but there’s a few major chains everywhere. So now they’re more expensive than sit down restaurants, because the “speed” which isn’t all that fast anymore is treated as a premium and not a side effect from being cheap/easy food.
Like, everything is based off stock price, and stock price is about profit margin going up. And that’s exponential, it’s not mathematically possible to keep going up.
The only way is to keep pushing up prices and making products shittier.
It’s not irony, it’s working as intended.
Capitalism only works when you break up monopolies regularly so there can be competition.
Hell, this is way more evident in a franchise model. The actual owners can’t really do anything, they’re locked in long leases and are forced to buy from only one supplier.
If McDonald’s says party prices go up 50%, the franchise owner has literally zero options. They have to pay it.
The whole system is fucked and pretty much a pyramid scheme.
It’s absolutely a pyramid scheme. And now we’re at the stage where we hollow out the inside of the pyramid to keep making it taller.
Just to add, Reagan ‘deregulated’ the hell out of the economy. It gave America a phoney boom in the 1980s.
In 1980, ‘middle class’ was still one Union job supporting a family of four, and $1 million was considered a vast fortune. By 1992, middle class was two incomes to keep the house going, and $1 million was what a rich guy paid for a party.
Republicans break shit, moderate Dems neglect to fix it.
For generations we’ve had a steady march to the right because of that system.
And considering the same people/corporations donate to both parties, it doesn’t seem overly cynical to say ourmodern political system is working exactly as the wealthy designed it to work.
Moderate Dems get elected because this country isn’t progressive. We collectively want these things to happen, which is why they do.
Progressive policy is popular regardless of labels or even parties.
Even in 2020 most Americans wanted single payer healthcare.
But because trump ran as a Republican, that meant the Dem candidate couldn’t want to fix healthcare, for some reason is till don’t understand.
We collectively want healthcare to be improved, but the people who donate to both parties don’t, which is why it doesn’t happen.
Either our government is representative of its people and they don’t really want those things, or it’s not representative of its people and needs destroyed. See the Declaration of Independence for more information.
If voting didn’t work, the GOP wouldn’t be trying to prevent people from voting.
If you don’t like the Dem candidates in your area, you can contribute to AOC or Omar.