“Even though we’re pushing through pricing, the consumer is tolerating it well,” he said in October analyst call.
normal way to talk about ‘fellow’ human beings
“Even though we’re pushing through pricing, the consumer is tolerating it well,” he said in October analyst call.
normal way to talk about ‘fellow’ human beings
Y’all aren’t boycotting?
Idk about boycotting but I’ll tell you that I haven’t had McDonald’s since I went and it was like $20+ for two people for some breakfast sandwiches (meals). I’d rather buy the frozen ones or just have none. Like everyone else, we don’t have a ton of extra money and if we do go out, we want our value for our time.
I got used to thinking about money being time. If you make 15/hr then one meal is roughly one hour. Don’t think of your dollar, think of how many hours something costs.
There was an article on here the other day about the $20 big mac meal. Basically McDonald’s is trying to exploit higher grocery prices, assuming more consumers will go to them instead. But they seem to not realize that charging as much as a douchey hipster restaurant for a burger and fries while being literally on par with frozen food is a losing proposition. It’s like they forgot they’re still in competition with the entire rest of the restaurant industry and that their prices have to stay below grocery prices to be competitive with groceries in the first place.
Hilarious, not gonna lie.
What? You can get enough ingredients to make 4 burgers for that much at a grocery store. You just have to make it yourself. The entire concept of fast food is that you’re paying more for the convenience.
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I was being generous in their favor. Basically steel-manning their argument.
Insane how little it costs to rent a human.
It’s a lease-to-own
“time is money” etc and inversely
When/where was this? My wife and I just had breakfast sandwiches with sides and drinks, each, a week or so ago and it was like $8 total for both.
I just checked here online and the cheapest breakfast meal is 6.99 in the middle of flyover country, with the high end being over $8.
Ah, I checked as well and it was because of BOGO/BOGO1 deals in the mobile app (which seem to be a daily thing). It cost like $5 more to order two meals versus ordering the items individually and triggering BOGO/BOGO1. Brought it down to $9 for both.
Part two of not ordering McDonald’s is that they updated their ToS back in October and basically bought your waiver of rights to sue for some free fries.
I can’t see prices online without accepting the terms. I refuse.
I’m stunned people are bitching about fast food prices. Just don’t? FFS, what do you expect?!
“I keep buying and prices keep going up!”
Yeah. That’s how it works. Have you considered maybe stop giving them money?
“I can’t! I’m helpless and have excuses!”
But but, people of limited means don’t have any option but to…overpay for fast food? Yeah that’s it. There’s just no competition in the food game at all… You’re forced to eat big macs even if they’re $3500 a mac… Because that’s the only option you have as a poor person I assume…or something.
A lot of people are time-poor (have kids, long work hours, multiple jobs, etc). McDonald’s used to be pretty competitive-priced compared to cooking from home. I remember when their cheeseburgers were something like $0.70, and I often would get 4 of them on my break (I was in highschool, and worked 6 hour days after school, so I obviously didn’t have time to cook).
That’s the unfortunate side effect of rampant inflation where wages stay stagnant as markets decline. Look at how many restaurants and fast food places closed last year. I’m lower middle class and I have stopped getting fast food entirely. Every time I pass by on the way to and from work I just see the total for the meal in my head and drive past them now because it’s just not worth the overall financial damage. I honestly don’t know how everyone else is affording even Taco Bell meals regularly every week. I used to work there years ago and the food was significantly better back then, and way cheaper than other food sources. Where the hell did they all go so wrong this past year? Greed? There’s gotta be a price gouging greed mechanism in there somewhere.
Markets aren’t declining though. That’s kind of the whole point isn’t it? These corporations are making record profits every quarter, yet workers wages are stagnant, and prices of their products have gone way up.
They’re doing great while also doing everything they can to make sure that the people doing the actual work don’t see a dime of it.
In high school, cheeseburgers were 0.39 and used ate 17 of them during lunch and my buddy ate 21. We didn’t go back for a long time after that haha.
Been wondering the same thing about apple products since the iPhone.
There’s this one McDonald’s on this busy road where we live and I jokingly started calling the right lane the “McDonald’s lane” because so many cars in that lane were always turning in. I realized earlier this week that these days most cars drive past instead.
Here it’s Popeye’s… which they seem to have at least maintained a decent quality/price ratio. Their wait times are atrocious though. Zaxby’s is even worse, but they at least have a big enough parking lot to stay out of the road. That line has taken a half hour to move up 1 car length before.