Not going to end well for who? McDonald's can definitely afford to pay their employees more and keep prices low. They choose not to. Don't be a simp for corporate greed.
For fiscal 2023, McDonald's reported $25.49 billion in total revenue, up 10% from $23.18 billion in 2022. Corporate greed is the issue, not higher wages.
Recessions are an unavoidable part of the economic cycle; all you can do is prepare for them and plan accordingly. I graduated into a slump (2009). My first job after graduating from college was as an aerial acrobat on cruise ships. Today, I work as a VP for a global corporation, own three rental properties, invest in stocks and businesses, run my own company, and have increased my net worth by $500k in the last four years.
It's a delicate season now, so you can do little or nothing on your own. Hence I will suggest you get yourself a professional that can provide you with entry and exit points on the securities you focus on.
I've been in touch with a financial advisor ever since I started my business. Knowing today's culture The challenge is knowing when to purchase or sell when investing in trending stocks, which is pretty simple. On my portfolio, which has grown over $900k in a little over a year, my adviser chooses entry and exit orders.
Finding financial advisors like Melissa Terri Swayne who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
Imagine going to McDonald's at 10pm. You put your order in at the self serve kiosk, pay $15-$20, then wait 15 minutes for a thin, dry burger. The point of the place is lost.
Ever since Covid all the McDonald’s I’ve been to close indoor dining at 8 or 9pm. You’re forced to go in the drive through that’s usually wrapped around the building. I stopped going since every visit would have at least a 30 minute wait to have my order wrong. I just grab a Wawa burger for late night runs
Little Caesar’s Pizza 🍕 had pizzas for $5 for decades. It recently jumped to $10. I asked the employee when these prices went up. He said it’s been spiking & it will go up even more when the employees get paid $20/hr. Recently spent $30 at McDonald’s for my 2 grandchildren who wanted to go. No more, done with that. Don’t need them. (Edit: done with expensive fast food.)
MD has always been shit. Shit taste, shit nutrition, shit for you. McD is nothing but a front for real estate hoarders. Just like Walgreens and CVS and all the major oil companies. Station, drug store, shit food, every corner.
@Sam-fd2ym “food” “delicious” How much are you being paid to shill McDonalds? McDonalds is slop, it’s good enough to be palatable, not really something to savor.
Still cheap, can get two cheeseburgers or chicken and cheese, plus a small fries and coke for $8.95. McDonalds is still as popular as ever. Can find a restaurant with 10 cars waiting at the drive thru.
I stashed away cash for a rainy day, but with inflation pouring down, it feels more like a leaky bucket. Saving for retirement seems impossible if my money keeps losing value faster than I can earn it.
Not all hope is lost. Talk to a financial advisor about inflation-protected investments like TIPS (Treasury Inflation-Protected Securities) that can help your savings keep pace with inflation.
Financial consultants can be inflation warriors! They can recommend investment options that outpace inflation, like real estate or certain stocks. A client of mine used this strategy and saw their savings account grow by 15% in just two years,effectively combating inflation's drag.
“Rebecca Noblett Roberts” is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
I was having this discussion with a buddy the other day. I was like why go to McDs when I can pay the same price at Culvers for better food and they both have a drive thru
When I was growing up, back in the 1960's, a McD's hamburger was .19 cents. Mom and Dad were divorced, Mom worked in the Pet department at K-Mart. It was a kid's treat to o to McD's... sometimes Mom would let us get the "Fish Sandwich"....that was really special....We had to be Good Kid's all week for that.
Ya unless you go to one of these trendy uptight hipster places that try to sell you a burger for $10-12 and that's WITHOUT frys even! Its an insult! Places like that actually piss me off!
If you have an L&L Hawaiian BBQ near there then stop for a burger...but bring some mustard with you because they don't have any....or better yet stop at McD's and grab the mustard.
Rate cuts commenced in June 2024, taking 6-8 months to complete. A potential crash, if any, might occur by March 2025. The soft landing narrative is gaining traction, making this big recession everyone is calling for less likely. With $1 million from a business sale, I'm seeking profitable investment opportunities for the next 3 years.
Off the back of my demanding job, I lack the time to thoroughly assess my investments and analyze individual stocks. Consequently, for the past seven years, I have enlisted the services of a fiduciary who actively manages my portfolio to adapt to the current market conditions. This strategy has allowed me to navigate the financial landscape successfully, making informed decisions on when to buy and sell. Perhaps you should consider a similar approach.
this is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
My CFA ‘Grace Adams Cook’ , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
Thank you for the lead, searched Grace by her full name and at once spotted her consulting page, she seems highly professional having over 22 years of experience. amazing!
You always accepted that you were not getting the most nutritious meal when dining at McDonalds, but the trade off was the cost of the meal. Now the cost has gone up so much that you can go to a restaurant that serves a home style meal for less. They have priced themselves out of the business.
THEY have not priced themselves out of the business. Watch the video. Did Mcdonalds increase minimum wage for fast food workers? LMAO you people are like lemmings! You happily follow along with your feelings and FAIL to consider ALL the pertinent information presented to you! Da gubermint has helped price certain markets into the stratosphere! The Green New Deal has made the cost of doing business extremely high. You HAVE to listen to the video! LOL
@@CherryPauper I can go and get a meal only a few dollars more that is alot better than Mcdonalds.. Why would I goto fast food when its not really that cheap?
Drove 64 miles home from work yesterday and passed countless McDonald’s. I was so hungry, and every time I considered hitting up a drive thru I just remembered the prices. Drove on!
Good for you. I do the same, but for me it's not just the prices. It's the product shrinkage. The burgers are way smaller than they used to be and the patties are half the thickness. It's a massive con job. They can shove their shitty burgers up their ass.
Well done for not giving into temptation. 🎉🎉 Sometimes I'd bring my own food and drink with me that I'd prepare at home, pull up somewhere quiet and eat it, much cheaper. Used to go into places like McDonald's still do but less frequently due to price increase. Everything is gone so expensive.
Not only that but the quality of food has taken a nose dive over the last 5 years. You wait in their slow as fuck drive through for 20 minutes and then open up the bag for your $20 meal and the fries are all broken and cold and falling out over the bottom of the bag. The big mac is so sloppily made with sauce and onions all over it and has 2 paper thin patties. By the time you get home you already have diarrhea. Who would willingly eat at a place like this?
hahahaha that is so true. 100$ for 1 burger each for a small family :D that is just beyond retarded..... you could buy groceries for a week for that kind of money. And @cinifiend yes, the amazing the place is still alive. You self service, you overpay, you get junk - as you said, fries are already half emptied in the bag and the big mac looks like it was assembled by a 2 year old cognitive disabled carrot.
The Denny's in my are really jacked up their prices. I used to love going to Denny's and getting a massive meal for under $10. The local Denny's used to be packed with customers 24/7. Now, it is almost empty 24/7.
Pro tip, learn to cook, get fresh quality produce for the amount of money you'd be willing to spend on said restaurant. Cook a meal that would cost you 4x as much (common restaurant markup on goods bought vs goods sold at least in Europe) for the same price, live healthier, control what you eat, enjoy cooking together, live a more happy life. Everybody can cook, westerners are willing to spend hours to prepare themselves to go on a subpar overpriced "fancy" dinner but wouldn't spend half the time making food from scratch to taste. Buy less cosmetics and superficial "upgrades", become a better person instead of a better looking person, you are beautiful the way you are anyway and if someone doesn't appreciate you, he/she doesn't deserve you. I think if you ever made and ate a great homemade burger, the sloppy half cold loveless crap a fast food chain will offer won't stand half a chance. This price hike is a chance, not an obstacle, a chance to escape the grips of big food companies, diabetes, obesity and dependency. Get addicted to really fresh produce and farmer's markets instead.
Prices all over are increasing. For 2 adults (outside of CA/NY/Chicago) the cost at McDicks is about $25. We have opted out of fast food (especially burger joints) because we can reproduce that meal at home for about a third of the price and it will be of much higher quality. To continue living the same lifestyle as 5 years ago we have adjusted our spending on fast food to almost nothing. We have also given up cable (no big loss) and we only subscribe to one streaming platform at a time. We prepare almost all of our meals, bake our own bread/bagels/English muffins, and replaced paper towels with cheap reusable cloth. These are small adjustments and we now use our meal prep time as together time and the savings add up.
yep ! You would be surprised how cheap ( even today ) you can make your own Big Macks at home....just cheese, thousand island, chopped onions & burger buns ! Make a dozen burgers at home, for cost of 1 meal at micky d's
Yea, back when I went to college they had a bar on campus. A full meal was 10 bucks. Why the hell would I ever eat fast food when I could just go there instead? (hint I didn't 😂)
I went to a McDonald's a few months ago in person, and ordered at the counter, then paid and got a numbered paper receipt, and had to wait for my "number" to show up on a big screen TV ! While waiting, at least three Uber drivers came to pick up big bags of orders, and the crew was hustling to serve the drive through at the same time, so I figured out that the customers who are there in person, have the least priority !
I had to wait 15 to 20 minutes for my order at the McDonald’s closest to me and when I got my food it was not fresh the french fries were cold. and this has happened the last couple of times I went to McDonald’s so I stopped going there. Im done with terrible service and cold overpriced food.
In my locale, service went to crap about 6 months before Covid. I got a couple orders of oat meal for breakfast from the drive-thru, planned to eat it in my car before heading out on an outdoor activity, and realized that they didn't give me a plastic spoon. OK, no big deal, I'll park the car, go in the lobby, and get one. They didn't have any set out, so I went to the front counter to ask for one. I stood next to a cop for 5 solid minutes, the front counter wasn't manned at all. WTF?! We stood there and watched people behind the counter running Doordash and drive-thru orders, nobody acknowledged out existence at all, even when saying, "Hey, excuse me..." as they walked past while making serious effort to not look at us. Finally, I said to the cop, "I'm just here for a plastic spoon. F**k it, I'll go get one." When I went back behind the counter and started looking, then I got swarmed, "What are you doing?! You can't be back here?!" I said, "Thanks for finally acknowledging me! Get me a plastic spoon and I'm out of here faster than a jack-rabbit." Some skinny kid tried pushing me out but couldn't move me, so he grabbed a plastic spoon from a metal cabinet and slammed it down on the counter, "Here!" As I'm grabbing it and walking off, one of them said to the cop, "I want him busted for--whatever he did." The cop just stood there smiling, "He hasn't done anything illegal. I can trespass him from the premises if you want. You committed battery on him when you pushed him, you better hope he doesn't want to press charges." Then I said, "I don't wanna press charges. If you want me trespassed from here, that's AOK. I'm NOT coming back anyway. You guys suck, your store sucks, your company sucks, I'm the dumb one for even showing up today." That was 4 years ago and I've only been back to McDonald's a few times to take a wizz on a road-trip.
I have not been to a fast food restaurant in 3 years. The difference in money saved by buying groceries and cooking my own food, has been life changing. I will never eat at another chain fast food restaurant again. it is disgusting slop to me now.
Same but it been more than 3 yrs for me.. add on my garden and I eat steak taters and veg as often as I want, fish and potatoes, homemade spaghetti with Roma tomato’s I grow, I truly have never eaten better for way less than what any nasty chain charges
@@quademasters249 I'm 67. When I was a kid, the owner of one of the TV stations used to come on and editorialize things he was interested in. He was saying back when cable was barely taking off, that cable would suck you in and over time it would get more and more expensive. I think that his time frame was off by a few decades but he was correct. I dumped Comcast, went to city owned Fiber. Bought UA-cam TV. In Aug 2020, they raised the prices 30%. I stepped off the bus then. The withdrawal symptoms were immense for about a month. I lived. I have a HD HOMERUN box hooked to a cheap antenna. Let's me watch local stuff via the router and through their apps on PCs, Firesticks, phones and tablets. I get 73 channels of "Local". Most are garbage and a lot of duplicates because stations in different markets. I'm in Mass. and point into Connecticut. 2 NBCs, CBSs, FOXs, PBSs. Want to know a funny thing? HSN/QVC has local stations. They got scared concerning cord cutters they bought TV channels. I guess they think their core customers use TV for purchasing.
I am a disabled veteran on a fixed income and I have discovered how truly therapeutic cooking for myself is. Cooking for myself with affordable and health-friendly ingredients...my takeaway from the pandemic...
Same. I'm really excited to get back to cooking this year now that I finally have the time to do it. It's a pleasure to go home each evening saying I did not eat out today. Feels like an accomplishment.
I stopped going to McDonald’s some years ago. The prices are simply not worth the food quality. They will do nothing but point to wages they pay, but the truth is what they are letting their CEO’s take. And it’s far more than any human being can spend in a cradle-to-grave lifetime.
Please stop with this crap... yes, corporate salaries are disproportionately large, but "wealth redistribution" isn't going to fix it.......ever! so you can make the annual salary 100K a year at McDonalds, your average CEO is going to get 150x that. Why? Stock holders want to see an increase in their investment. As long as that is happening, that particular CEO stays employed. Ever notice the tenure of most CEOs is about 5 years vs the tenure of most average workers is like 25 years (if they're lucky)? That's why there is a salary gap.
$20m vs $249k is an 80x increase. That is justified for one CEO of which there aren't duplicates in the entire business. A CEO didn't just magically one day wakeup and cash in. They started at a shitty company after going to school. Stayed longer hours than the employees, had more responsibilities. Cleaning and labor is not as important as making sure you have that job available to you in a year from now. A CEO is playing chess every day and making decisions every day. And the first few jobs they get are harder than the new job. Y'all complain about emotional stress. These people get it more than you. Difference? They don't complain.
Yawn, splitting up the CEOs pay down to something you believe is realistic barely nets any worker a bump. You want to know what it would probably net everyone who works for McDonalds? About a one time payment of $127 bucks. Its a dead argument, stop making it. I bet you think if you could just take $331,000,000 from said CEO you could give everyone in the US a million bucks don't you?
The price isn't the reason I stopped going to McDonald's, it's the fact that they lowered the quality of their food to save money. If they don't care about the product that they sell, neither should I.
Patties are smaller. Buns are smaller. And they never fill the fries to capacity in the holders. When I used to go, I would have them top off the fries every time.
They said a little while back on UA-cam that there's 17 or 19 ingredients in McDonald's french fries I thought french fries are made out of potatoes what neck are they putting in those french fries
No customer service in CA, THEY STARE AT U. THEN I ASK, " IS THIS THE PART WHERE YOU SAY, HOW MAY I HELP YOU?" THEY STILL DONT REACT. SO WE STARE FOR SECONDS TIL SOMEONE GIVES UP AND TAKES THE ORDER. SO PRACTICE STARING AT CASH REGISTERS TO HOPE TO GET A HOW CAN I HELP U. BUT PROB WONT HAPPEN. NOT HERE IN CA. HORRIBLE SERVICE FROM PEOPLE WHO HATE AMERICANS AND OUR LIFESTYLE.
@@DonLicuala - Same. In 1968 our family couldn't afford the 19 cent hamburger. A friend of mine, his parents were wealthy, would take me once in a great while to Mcdonalds for lunch :>) 1975 I bussed tables at a Family Pancake House for $2.35/hr.
I was a kid once and in CA I went to one and they gave a burger with pieces of plastic or glass in it. Cut up my mouth. Before social media. No McDonalds in other states were bad. What can I say? California is just a shit hole, for around my entire life.
Good riddance McDonalds. I stopped eating at McDonald in the mid nineties. Disgusting ,low quality nutrition. When I stopped eating fast food,I lost 25 pounds and kept it off since. Who eats that garbage?
I quit eating out a long time ago, I can eat for a week at home of healthy meals for what one crappy meal costs. Of course that is all changing with the rising price of food, gardens, and raising your own food is a must today.
Double cheeseburgers for 1 dollar was great while it lasted. Also I miss the third pound Angus burgers too, they were so good and those bastards got rid of them.
I suggest you offset your real estate and get into stocks, A recession as bad it can be, provides good buying opportunities in the markets if you’re careful and it can also create volatility giving great short time buy and sell opportunities too. This is not financial advise but get buying, cash isn’t king at all in this time!
One strategy for protecting against a recession is to buy equities. Investors, especially during a recession, need to know where and how to put money in order to make money while avoiding inflation.
It has never been easier to understand how to build your money than it is right now, when you may study and experience a completely variegated market passively by employing a successful portfolio-advisor. The impacts of the U.S. dollar's gain or fall on investtments, in my opinion, are complex.
Working with a Financial Advisor to help guide you on your wealth-building journey if you're just starting out is a wonderful way to get started and thats how i was able to accrued good gains . They helps to manage investment overall risk profile , prevent permanent loss of capital consider maintaining a broad diversification of your investments that reflects your personal risk tolerance, time horizon, and the nature of your financial goal
When ‘Carol Vivian Constable’ is trading, there's no nonsense and no excuses. She wins the trade and you win. Take the loss, I promise she'll take one with you.
I have not eating Fast food since 2012 because the food is sh*t and taste like shit ~ It was like eating a brick after eating one Big Mac ~ I could only eat the frys. Maybe?
When I was growing up we did not have all these fast foods. I lived in KCMO and we went to Katz they had hot fudge sundaes and we eat cantaloupe with scoop ice cream or Woolworth’s had good food. We go to cafeteria before movie. We ate at home. Most us were never sick or over weight. I personally think people would feel better and take off weight. Most those people they hire are nasty just want job. Stake and shake has nasty people and kitchens, they have really went down. That’s why people are sick. I tell you one thing , you go Noth Carolina around Morehead most those places they have real food , if you eat food here and there it’s hard to get use to real food, more like home cooked. The taste here suguary and greaser.
It is absolutely INSANE what Lego kits cost, my god its machine injected plastic blocks, costs next to nothing in materials and yet the kits are 50 to 100 dollars and some far more. Thats just certifiably insane.
Someone has to come up with a new kids toy thats reasonably priced. Lego's like the classic thing that was cool 30 years ago and its now just way overhyped - the only problem is megablocks are terrible lol iirc
@@mikebryant614I have Lego sets from the 80s & the top end sets (Castles, pirate ships, Technics) were $100 _then._ That’s not adjusting for inflation. So, you just haven’t been paying attention.
Why am I surprised by the fry count going down... That's the first thing to go. Then the quality of what's already there. Then the price goes up. Sometimes it's all three at once.
@AdrianFahrenheitTepes yeah, I've been thinking of doing that. People say the cost of meat in grocery stores has also gone up. So are you really saving money ? ❔️ I do hope you get back to me and thank you. 🙏
I went to Kroger the other day and bought a large whole raw 5 1/2 lb chicken for $8.20 and a 10 lb bag of potatoes from Kroger for $5.69 plus a large bag of carrots from from Kroger as well for $2.29 . I made gravy with old chicken bones and veg scraps simmered into broth, mashed up 3 good sized potatoes and we had fresh steamed carrots. I bought 5 lbs of flour for $2.69 and made no knead bread dough for rolls (recipes all over the internet) a cup of warm water, some salt and yeast I made 6 no knead bread rolls (large - we only ate one each) at a cost of less than ~ 30 cents plus a bit of butter. Total costs for ingredients was less ~$20 - that's 6 meals for 2 people with meat and veg for less than $3 and change per person each meal. If people would plan meals, shop sales and batch cook (a whole chicken is nice because it's all cooked at once and cut into serving sizes) it's not very time consuming and much healthier. And always freeze chicken bones and veg scraps - makes the best chicken broth ever.
Yep. Same with other fast food chains. Why pay anything in the $10 range when you can pay an extra $2 at a proper restaurant for a better quality meal that has more quantity and better flavor?
Yes every company (both big and small) got together in some grand conspiracy to increase prices in tandem. Not that our gov't quadrupled the amount of dollars in circulation since 2020. Oh no its because every single company is out to get you.
Do you really think McDees is rolling in the profit? The cost of ingredients has skyrocketed, the cost of manpower has skyrocketed and consumers is down and you think it is price gouging? It is in great part an out of control government that spends money it doesn't have and taxing us more. And, in my part, taking advantage too much of eating cheap fake food and not preparing real food for my family.
I went to a BK recently (after not having been there for a few years), and was shocked that a Double Whopper Meal was nearly $12. I can get a full, sit down Mexican restaurant dinner for about $16 .. I won’t be back anytime soon.
@@californiadreamer2580even when they're not paid under the table the costs are still too close to justify the fast food over real food. And who cares? I'm worried about the immigrants killing people not the little dude bussing tables. Food better too. Especially Mexican food. Your body literally digests it much easier and there's a higher nutritional value. Most restaurants are using fresh items so why bother fast food
Went to my local Mc D's up here in Canada and it cost me $15 for a medium fry and 10 chicken nuggets!!! In that moment the realization hit that I can't even afford McDonalds anymore. Tough world out there
@@JessmanguydudeMc doubles use to cost around a !.00. Think about that. No Mc Donald's for me. They lost me last year when I ordered 3 Sausage egg Mc muffins with out the muffin. and I got attitude by the person in the drive through. I have never been bake to any of them. I make my own breakfast now. Much much cheaper.
@@TieDyedShawn well yah, cooking at home has always been cheaper than paying people to make your food. but i love the flavor, ill gladly pay 7 bucks for a meal. I dont do it all the time so its not expensive at all. subway is less food for same amount of money, idgaf i dont work for my money. lol
This above. Everyone always blame the labor cost has been going up but they never look at the higher up of the corporation trying to extract more of the corporation fees when they know they don't need an extra $10 to $30 million in bonuses and stock options to do their job.
I came here specifically to say this. It's amazing how certain people don't object when CEO compensation rises, but cry that their burger will cost more if the guy who cooks it gets paid a little more
No wonder, prices at MacDonald's are ludicrous for what you get. The people who used to eat it can no longer afford it, and the people who can afford it will never eat it because it's muck.
I just did my finances. Getting paid on Tuesday. Bills already account for $1280 out of $1305 I’m gonna get. Gonna have $25 to spare. And I deferred taxes! So I’m not going to McDonald’s with my last $25. Maybe if the burgers were .39 cents. What happened to them .39 cent burger days?! That was the McDonald’s that I remember from my youth. Buy 20 cheeseburgers and feed the whole family and have more to spare. Life really turned out really badly. The economy really sucks and the people who vote don’t care about dirt poor people who are literally barely making it. I’ve literally had people tell me i deserve the situation I’m in because I don’t work hard enough. This is literally the best I can do. I’m on my feet all day every day. My knees hurt like hell and I don’t have any money to get it checked out. But I don’t work hard enough. If It was so easy, why doesn’t every one have a nice job and have lots of money? Democracy and capitalism has failed. And honestly life is so bad, because of money, that I’d really rather be dead. And that’s the gods honest truth.
I can remember when my parents and I could go out for a steak dinner on $20, $30 if we wanted pie. Big, thick, juicy T-bones, okra, baked potatoes, salad, whatever. Hell, I can't even find steaks like that anymore. I never liked McDonald's.
That's because Fast food isn't for low income workers anymore. $10 meal isn't cheap, you used to be able to feed your family for $20, now the same order is giving you less food at more than double the cost.
This has been happening for a while now! The borrowing and increase spending while keeping interest rates low, so nobody really notices, has exploded now that the "crows have come home to roost"! Every politician kept kicking the can down the road because they didn't have the balls to tell the voters they had to tighten their belts and pay down their debt! Now it is probably too late!!! You reap what you sow!!!
When it starts to bite they switch up the shell game. Financial investing firms (banks) making bad loans and CEO's making bank---2008. Financial investing firms (banks) building bad homes on good loans and CEO's making bank---2024. Schemes, offshore shell companies, Federal reserve ( private and run by ex bankers ), downsizing to boost numbers, etc. Billionaires are paying no taxes and bitch about labor costs killing them. Legalized theft.
@@XNY556-Apple yeah it's a bloody miracle where I live is the local resturna are mostly mom and pop places shockingly. I try to make use of it while it lasts.
@@arnesahlen2704 yesh when you can go to a burger joint that doesn't make up your patty till you order which is about the same price as a macdonaled combo guess who wins.
"Low-income people have stopped coming" Exactly as you said, who the hell can afford fast food now? People working an hour just to buy a sandwich and small fires. And now Wendys talking about "surge pricing" like wtf
Yes. I have seen people wait in huge lines at fast food places because they have a coupon. People are trying to save any way possible. Prices just keep going up across the board.
And CEOs get bigger salaries and bigger bonuses, making 100,000,000 + a year, they pay out shareholders more and more, but they’ll blame the cost paying workers for price increases. Trying to turn us against each other.
What would they do that for? Do you see the businesses closing across the nation? Prices are high because the democrats promise everything for free , higher wages by law, housing prices jacked by bankers who never face the law when they go broke and the people at the top still walk away with millions.
On my way to work each morning I pass by a McDonalds where the breakfast drive thru line used to always be backed up out to the street. Now it's empty.
@@ryanmac8829I disagree, if I’m going to pay a ridiculous price for fast food I’m gonna go somewhere with higher quality. 🤷♂️ can’t tell me McDonald’s has better/equal quality to Starbucks
I think it really depends on the location of McDonalds like in states with high income will see less people over states with low income cause the McDonalds I go by in morning is always packed drive thru but I'm in a low income state so its still cheap and to be fair their breakfast only good thing they have there so that helps it too lol.
My Chick-fil-A meal is cheaper than my McDonald’s meal. My Chick-fil-A is always hot, they never forget my sauces, and great customer service. My McDonald’s is always cold, they forget the sauces 99% of the time, and they’re rude.
@@dmimcg when and where did I say chick fil a wasn’t fast food? I’m well aware that it is. Also my meal at chick fil a is cheaper than my meal at McDonald’s. You have time to get your GED but passing is another story.
It has happened few times I ate out and once my tummy was full, I felt remorse by just looking at the receipt and I am wondering "why...was it really worth it?"
Then what you see reach out the drive thru window to take your money makes one wonder what's putting your food together. Sometimes I order then pull up to the window and drive off after seeing what's at the window.
Corporations blaming "inflation" to justify price increases. They are increasing prices more than average inflation rates would justify (this means other items in the inflation basket are lower than average).
@@beepbop6697 BIDEN CLAIM: “Family economic security is stronger than pre-pandemic.” Household net worth is 4.7 percent lower than when President Biden took office when adjusting for inflation. Credit card debt, adjusted for inflation is 14.6 percent higher than when President Biden took office. The monthly mortgage payment on an average home has doubled during Biden’s presidency, increasing from $1,300 to $2,600. BIDEN CLAIM: “Gas prices are down from their summer 2022 peak.” FACT CHECK: Gas and energy prices remain significantly higher than when President Biden took office. Gas prices are over 34 percent higher than when President Biden took office. Energy prices are up 28.5 percent from when President Biden took office. < > BUDGET COMMITTEE
When you artificially increase the cost of energy, fuel and electricity, everything else will also increase in price. It isn't rocket science. It's basic economics.
My husband and I were just talking about that with our friend who owns a restaurant! It’s crazy we can enjoy a sit down meal cheaper than a quick burger and fries.
@@TrendingHeadlinesTVlmao Chilis literally has a commercial about this. “Have you seen these fast food prices lately, even they want you to come to chili’s” 🤣🤣
So true, we have discovered so many small diners around. My wife reads reviews on locally owned restaurants, and a few of them have turned into a once a week visit. It's cheaper for us to eat out with one of them than prepare the same meal at home. Best part is no dishes, so we tip extra.
I went to a McDonald's drive-thru recently for the first time in several years. ONE Big Mac and a medium fries cost me $11.57, and this was in Tucson not NYC. I won't be going back. In that price range there are much better options.
Thats so wild. I went to McDonalds about a month and a half ago and for a meal for me and a happy meal for my daughter it cost me 27 dollars. 27 Dollars for extremely sub par food. Since then I vowed to never go back.
We went last week a family of 4 and it was just under $60 I promise we will not be going back because we can go to a restaurant and eat better food for the same price!
One of the McDonald's locations in my city raised the price of their steak, egg, and cheese bagel to nearly a dollar more. It lasted two weeks and they lowered the price to what it had been before. Trying to price-gouge customers doesn't seem to work when customers don't have enough money to gouge.
@MobileGamingChronicles price rises everytime there is a forced minimum wage increase. Every increase in the minimum wage does two things...job losses and a pay cut for everyone who made more than the minimum wage thru higher prices.
That's not what "price gouging" is. They aren't raising the prices just because they feel like it. They're raising prices because their margins are being squeezed into non existence.
I wouldn’t say people can’t afford it. They are not going to pay that much for it because it’s the farthest you can get from real food. Cheap and fast WAS the only things they had going for them.
I won't pay for cinema, fast food, alcohol, chocolate bars, cakes, crisps, chewing gum or coffee nowadays as I don't even enjoy any of it and it's way overpriced and wages need to rise to reflect costs. Enough is enough.
I think what's going to happen in California with the massive minimum wage boost is that the fast food owners will stop hiring workers with no experience. The days of a 16 year old getting their first job at a fast food place are over. Retired people, who are most affected by inflation will be forced to go back to work and fill these fast food positions. These retiree workers will be desirable as they have decades of work history, show up on time, are capable of doing the work efficiently, and they aren't constantly looking at their phones.
They have been not hiring people with no experience. I was denied for a job at McDonald's because I had no experience so that's not it. Also McDonald's is a billion dollar company and paying their workers a fair share wouldn't impact them but they don't want to. The answer to this issue is putting price limits on housing and food and other important things for human survival. It's not fair that a landlord who inherited his apartment complex from his grandparents and now is changing 2000 a month for a rundown and beatdown closet that he refuses to fix. Also taxes from properties but still rent is more unaffordable. Stopping the climbing of food and housing will fix this issue.
@@winning3329as the video covered, McDonald’s doesn’t pay or manage the employees. The franchise owners do, they’ll have the sole incentive to automate and do away with the jobs entirely.
Why do dumb people always complain when minimum wages go up while prices independently go up at a much higher rate? The data seems to show that prices go up first then increasing minimum wages are a meager countermeasure that just barely keeps people afloat.
No, they will hire no one as robots will take over the positions. Look at how far robots like Teslas Optimus have come in literally 2 years… they will be in manufacturing plants within the next year or so, and guaranteed will be making your burgers soon as well.
Me too. And I saved a lot of aggravation from badly served meals, poor restaurant hygiene, and other customers' rudeness. My last meal out I had at the next table someone on mobile speaker phone for duration of dinner. Not headphones but with their phone prompt up against water glass. I would have walked out mid-meal if I could.
Same here, last drive thru the window dude was on speakerphone gibberjabbing the whole time, my "special order" came to 27 bucks! Grudgingly I handed over two 20's I then see a fast hand lay a 20 next to hidden side of cash register n think he's just setting it aside while he finishes taking the latest order. He then returns to me saying I only handed him one $20!!! I dropped f bomb n drove off knowing this must be the latest tiktok scam- fast hand , confusion, senior ripoff five finger discount. Lesson here- Do not hand over money til they are fully attentive and count it as you would like buying a used car.
Recent government decisions have brutalized the economy, yes. Also, I have now learned to cook for myself, patch holes in my pants, plan ahead and buy in bulk at a discount, take the most mileage friendly route to work, complete minor home repairs by myself, and overall budget my finances down to the dime.
I remember McDonald's was my fist job and I was only making $5.15 a hour. Ppl don't realize that $20 an hour is going to be equal to that $5.15 an hour. $20 a hour isn't going to be worth noting
Other than their coffee, I have ordered food items two or three times in the past 7-10 years while away from home...each time I was incredibly disappointed as soon as I opened the wrapper. I can't believe the pathetically low amount and quality of the "food" that you get for that money...and the coffee has gone downhill as well.
I’m now avoiding fast food chains. No way Burger King is worth $13.31 for a no. 1 combo without cheese! Maybe I’ll see less litter from these places on my road?
I was just at mcdonalds today and dropped $28 dollars to feed 3 people... I was like... never in my life did I expect to drop $28 on a few mcdonalds meals. Like most companies, they really hiked up their prices and tried to blame their greedflation on inflation
They keep hiking prices while fighting to keep wages low. What these companies don't realize is that although they are successful and can pay their employees less, so can every other company which means people can no longer afford their insane prices and just stop eating there.
When 22 year olds with $100k+ in student loans are spending $20 on takeouts each night, what McD is charging is nothing.... especially when you consider their employees are getting paid like professionals.
@@caseyw216completely ignore the fact that the price increases have outpaced wage increases. The major problem is that McDonald's is taking 58% of the franchisees revenue between the fees this guy says are all McDonald's is taking and the supply costs. Because the franchisees are required to buy their supplies from McDonald's.
@@caseyw216then you raise the minimum wage again and then you raise it again and then you raise it again if you have to you raise it weekly you keep up with the rate at which they increase prices until they are forced to either pay their fair share or leave the market. McDonald's can pay $24 an hour as a minimum nationwide by simply increasing their ticket price by around $0.06 a ticket yet they've increased the price of their food in some cases by over 200% And I don't care what the franchise owner makes the franchise contract system is a scam it's designed to shift all the profit to McDonald's and all the costs to the franchise owner those contracts need to be renegotiated and the only way to do that the only way to force them to renegotiate is to have a proper minimum wage that adjusts in real time to the response of the businesses double the price of your food? Double the minimum wage you have to pay. Save $80,000 in labor a year with automation? We increase your taxes $80,000 a year so you save nothing. This is what needs to happen until this happens they'll just keep putzing around and screwing people. No doubt there are some parts of California where $50 an hour is a valid minimum wage your problem is you suck at math you suck at civics and you suck at economics and this is not entirely your fault because your education was screwed with so that you don't learn what you need to learn and we screw with political rhetoric to brainwash the population into thinking otherwise $50 an hour is not a lot of money you only think it's a lot of money because you're used to what $50 an hour was 20 30 or 40 years ago because you haven't been trained on economics and basic mathematics so you don't do such a basic simple thing that should be a duh dult Homer Simpson moment oh forgetting to convert the foreign currency That's right The dollars in your head or a foreign currency 20 years ago was a foreign country That's like trading in $10 for a hundred pesos and going I'm rich I'm rich No it's the same damned amount of money you have to convert the currency They've brainwashed you and diluted your education so that you don't understand this which gets you to agree with them and get you to be a willing slave Are you aware that roughly this is a guess but roughly 65% of the US population is under the poverty line? No not the fake BS government document released poverty line but you know the actual dictionary definition of poverty The dictionary definition of poverty is the inability to pay for a person's basic needs in life not luxury needs basic needs for a typical person in our current society as it stands. Roughly 65% of the population is below that mark. Which means technically 65% of the population is below the poverty line we make up for this with welfare assistance and cheat codes. That doesn't make you not in poverty that is you compensating for your poverty by any means you can. Sharing a room with a roommate? That's a cheat code if you have to share the room with your roommate in order to live then you are under poverty because that cheat code is a necessity if you get a roommate in order to allow you to save more money to spend on something else meaning if you lost that money you would still be okay then you're not on the poverty do you understand the difference? We have taken cheat codes and made them de facto necessities of life and we've convinced people that this is normal when it is not normal Imagine if you traded in your F-150 pickup truck for a Toyota Prius in order to save money on gas and your boss saw your Prius and said oh you're spending a whole lot less on gas now I'm lowering your pay $2 an hour would you accept that? Hell no you'd punch your boss in the face and tell him to go to hell And yet when your boss does the exact same thing by manipulating our government and our society to make things like a roommate at the facto requirement which means he is essentially saying you have to trade your pickup truck in for a Prius in order to be able to live on this job it's the exact same thing You're just being made to do it as a part of your normal life and you don't even realize it. This is what happens when you suppress minimum wage.
I was thinking about stopping at McDonald's on my way home. When I started counting how many products I could buy at the grocery store for the same money, I gave up.
@@colinl5951 I usually live off of 100 dollars a week in groceries for a family of 5 including a teenager just going to Walmart and fill up the basket. But it all depends where you live. I travel a ton for work and Prices are all over the place.
Their service often sucks. Last time I went to McDonald's the restaurant was filthy and the burger was burnt and the chicken sandwich was a toothbreaker.
And they give themselves 20,000,000 yearly bonuses and pay out shareholders extra. Then blame paying workers a living wage to put us against each other while they laugh on their mega yatchs.
2030: $30 for a cup of air, sandwich wraps, and a bag for all of that. Thank you very much. :) 2040: $45 just for coming to McDonald's even if you didn't buy anything. If you don't pay, we have a police officer behind you ready to put you in handcuffs. Thank you very much. :)
I don’t even go to McDonald’s anymore because the last couple times I did the food just does not even taste anywhere near as good as it wants to! I don’t know what they’re doing making things cheaper. I’m not sure? All I know is I’m done with McDonald’s, and will never step foot in another one again as long as I live! Their food just isn’t any good anymore!
Their food was never good. It was good for the price it was at. Now that it's more expensive you're realizing it doesn't taste as great as you were tricked into thinking.
In my area, a fast food combo is about $10-12; for just a couple more dollars, I can go to....Indian Buffet, a real Mexican restaurant, Chinese Buffet, Japanese Ramen House, etc., and get actual food, not swill.
My wife and I haven't stopped at a fast food place in years! last summer on the way home , I got really hungry and told my wife that I was going to stop and get us a Hamburger and fries to take home to eat, My wife said No, we are almost home just wait and I will make us lunch, I said Yeah but it will take another half hour or more before its made and I'm starving and what the hell , we haven't bought anything in a while, lets splurge a little ! So I pull into a 5 guys Hamburger place went inside and saw those prices and thought Damn, that will be almost 40 dollars for two of us to have a burger! Hell for that much money , I could buy enough stuff to make a dozen hamburgers and fries! I came back out to the car, Wife says Where's the food ? I said Forget it, at those prices I would rather starve for another hour
@@bluemouse5039😂 bro this is how i feel sometimes. Im hungry and dont wanna wait for my girl to cook, and say what the heck havnt had fast food in so long, look at the menu prices on apps, even with coupons. The prices Completely kills my appetite for that 😂 maybe its the feeling of getting ripped off for fake chemical food ?? I end up cooking something up with my girl and we enjoy the meal 100times more😮💨
Yep, I remember growing up and getting 4 triple cheeseburgers for like 2 or 3 bucks. My parents remember their parents feeding their entire family full meals for less than a dollar. All things considered, that's like a 4,000%-5,000% increase in cost. . Meanwhile, minimum wage for a years labor in 1960 was about $2,392, and has gone up to about $26,000. That's about a 1,000% increase. And wages are obviously supposed to cover more than just food. So somehow with the 1,000% increased salary, we are supposed to afford 5,000% increased food costs, thousands of percentage increased living expenses and utility costs, thousands of percentage extra cost materials for repairs, etc. etc. etc. . It's pretty nuts when you think about it.
@@watchmanonthewall14 Meh you are a ridiculous drama queen. I ate my share of McDonalds back in the day and there is no freshness nor "poison" difference between then and now, if you simply buy you burger during peak mealtime hours so it was just made. If anything it is the contrary that back in the day, they cooked their fries in lard and they were melt in your mouth delicious but unquestionably worse for your health than the vegetable oil used today. Otherwise it's the same food, you're just being a snob more today than back then when you were a kid and would eat anything because you needed the calories a lot more.
@eitkoml Sure bud. Your boy Biden (and the uniparty Neolibs and Neocons before him) printing dollars like toilet paper had absolutely nothing to do with it. Let me clue you in. The new left gives fuck all for you or any peon except to garner your vote by any means possible.
I remember when I could get two double cheeseburgers for 2 dollars. It's just insane that the cheapest option is now not the best. Especially since I doordash since I don't have a car. So it can easily get to 30+
Big Mac price is a major indicator of true cost of living anywhere in the world. “The Big Mac index is a way of measuring Purchasing Power Parity (PPP) between different countries. By diverting the average national Big Mac prices to U.S. dollars, the same goods can be informally compared.”
Nobody is talking about the dead weight at the top and that includes the shareholders themselves. What are the shareholders but, entities that temporarily hold fractional shares of ownership in the company? They do absolutely nothing. They should be paid last; not first as Reaganomics prescribes. Aside from the utilities and operational expenses, pay the workers first. Then the vendors. Then management. Then the bond holders. And lastly, the shareholders and fat cats can take what's left.
You two didn’t seem to watch the whole video, did you? These costs went up at franchise owners, directly correlated to food costs and labor costs. Not big corporations. Individual franchise owners.
@@pops55650 I watched it. It is not complete in the information provided. For example, it says the beef has roughly doubled in price, but not why. Did grass suddenly get more expensive, or did the big corporations that own most of the beef industry such as cargill and tyson raise prices just because they could? Well, both of them hit record highs not too long ago. And now, as McDonalds is saying lower income people are priced out of their product, going up the chain to those beef providers we can see they aren't hitting record highs now, because their greed has priced too many people out. Just google "corporate greed inflation" and see the results. McDonalds may not have directly caused these price increases, but they are not the only corporations involved in this matter. They don't control the food supply from field to table, they are just the one that puts their name above the doors. They don't have to have been especially greedy for corporate greed to be the reason the prices have increased so much.
Funnily enough. I stopped going to McDonald's starting almost 4 years ago because the prices are just unreasonably high AND most of the times my ordered came incorrectly. Never again.
My friend was a franchisee owner with McDonald's it's not like you think it is he pays advertising fees on everything on everything but when he got out of it he was no longer a franchisee he still owns the building and he sold that to Oberweis milk company company which sold their own milk and ice cream so McDonald's doesn't own the building McDonald's doesn't own the building they just get advertising fees fees
Oh dude if you went Starbucks everyday you be broke. Young people do it, why not buy a jar of coffee, for 1 cup you can get 2 jars of coffee which is 40 cups of coffee lol
Same. Burgers are crap, fries suck and the nuggets are the same as everyone else's. I really can't emphasize how bad the burgers have gotten, and the last one I had was years ago, because there was nothing else.
I haven't been to McDonald's in years,but made a pit stop in Connecticut got a big mack meal, and the counter person says $18+ , I was like " are you sure that is correct"?! I wasn't prepared for that, at that price point there are much better options
CT is a blue state. You can expect to pay more. Bernie wants to give “free” everything. Except for food and energy. They should give free food and energy and charge double for everything else. Sounds crazy doesn’t it ?
I don’t typically go to Mcdonalds. I went there once after almost a decade to get a chicken sandwich meal. I was charged a little north of $19 including taxes. I was completely stunned at that price. I could have gone to any other place and still have paid less. $19 for mcdonalds is absolutely wild! I remember it being a hell of a lot cheaper.
Good gravy that's outrageous! For this price, one can purchase all fresh ingredients to make hamburgers for the whole family and eat at home. Takes just a few minutes, tastes MUCH better and not loaded with god only knows what kind of toxic additives McD's pump to get people addicted to their brand.
Wont hurt my feelings to stop over paying for a frozen patty and an order all messed up, EVERY time. Thank you McDonalds for helping me make my decision EASY.
Mcdonald's is bad for your Health plain & simple so the fact that is is over priced is a blessing in disguise, maybe now people will stop and start feeding themselves with actual healthy foods it's a win, win when you think about it.
One thing this depression has taught me is to cook. I always thought it was too difficult. I found out it is really pretty easy and a whole heck of a lot cheaper.
Exactly, I can make a burger and frozen fries meal in less time than it would take me to go out or door dash. Heck, it's better tasting and cheaper too.
wife and i make almost 200,000 in the midwest (low cost of living) and we stopped eating at any fast food place or eating out period. we would rather spend our money on experiences and not food due to cost increase in every aspect of life and i have dropped so much weight and couldn’t be happier.
One thing that should be pointed out is, McDonald is their own distribution company that makes a profit from the mark up on the food and paper products the franchisees MUST buy all their products from. There is no “shopping around “ for better prices from other distributors.
Your post is true, but McDonald's also profits heavily from leasing the land under the restaurants back to the franchise owner. They leave little room for profits, without cutting food quality (which they have obviously done).
Everything comes from their own internal business it's crazy like EVERYTHING 😂😂 they are so selfish deserve it all ‼️‼️ worked at McDonald's in high school for about 6 months and was like ya never again they treat their employees terrible AF Chick filet and in & out will thrive I went to In-N-Out the last time I had fast food and my meal was under 10 bucks ...
Always heard McDonalds was in the real estate business, but no explanation was ever provided until now. Thank you for this excellent video that clearly explains why. 👏🏽
And one of the most successful ones, I have heard their land hildings rival only that of the Vatican. This is why you find MacDonalds in places that you don't find other fast food restaurants, especially in pricey real estate areas. The food just pays to hold the real estate.
Watch the movie “Founder” starring Michael Keaton. It will shed some light on how the McDonald’s Corporation came to be under Ray Kroc and Harry Sonneborn
I Pray McDonald’s changes their ways. They have left their core customers behind and completely lost their way. I worked at McDonald’s from 1988-1992. (High school) they were Quick and cheap and constant. Now their None of that. The menus is Stale the Service is abysmal.
Grew up in the 90's. I lived off that menu. Crazy part is the size and quality was better too. I stopped back when it hit like $8 bucks for a big mac meal. $12 is just obscene.
You guys should have been there in the late 70's early 80's. It was a treat going out for fast food then and the experience was really great too. The food tasted great and was prepared properly. Things were clean and orderly and the employees were friendly and efficient. The whole world was a much better place back then.
Problem is consumers still EAT IT,what we used to call “Junk Food “actually means junk food,absolutely not for human consumption,causing heart disease,diabetes,cancer and obesity
A year or two ago, was to be able to get a cheeseburger, small fry, and medium drink for about $3.50. Went there the other day and the same meal cost over $7.00. I won’t return…
Exactly I remember being able to get a medium drink a medium big Mac meal for like four or five bucks and now it’s gone up so high that I don’t even want to stop at McDonald’s anymore. Maybe it will be the exodus that everybody needs from McDonald’s maybe everybody will stop and they will just crumble
uhm they do but coke is loaded with sugar water is better, Literally stated I got a fry, and you can get a cheeseburger with the same deal but its 30 cents more. I just dont like how mcdonalds burgers taste so I stick with chicken. @@jeevespreston
$20 minimum wage for fast food workers in California starting in April 2024... 2:14
Probably not going to end well.
And that's not even enough
Why not? Corporate profits are still recording record highs.
Either I pay or pay for groceries so I can make it myself. It's obvious the CA wage increase was meant to push automation.
Not going to end well for who? McDonald's can definitely afford to pay their employees more and keep prices low. They choose not to. Don't be a simp for corporate greed.
For fiscal 2023, McDonald's reported $25.49 billion in total revenue, up 10% from $23.18 billion in 2022. Corporate greed is the issue, not higher wages.
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It's a delicate season now, so you can do little or nothing on your own.
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Imagine going to McDonald's at 10pm. You put your order in at the self serve kiosk, pay $15-$20, then wait 15 minutes for a thin, dry burger. The point of the place is lost.
Ever since Covid all the McDonald’s I’ve been to close indoor dining at 8 or 9pm. You’re forced to go in the drive through that’s usually wrapped around the building. I stopped going since every visit would have at least a 30 minute wait to have my order wrong. I just grab a Wawa burger for late night runs
Little Caesar’s Pizza 🍕 had pizzas for $5 for decades. It recently jumped to $10. I asked the employee when these prices went up. He said it’s been spiking & it will go up even more when the employees get paid $20/hr. Recently spent $30 at McDonald’s for my 2 grandchildren who wanted to go. No more, done with that. Don’t need them. (Edit: done with expensive fast food.)
MD has always been shit. Shit taste, shit nutrition, shit for you. McD is nothing but a front for real estate hoarders. Just like Walgreens and CVS and all the major oil companies. Station, drug store, shit food, every corner.
@Sam-fd2ym “food” “delicious” How much are you being paid to shill McDonalds? McDonalds is slop, it’s good enough to be palatable, not really something to savor.
Don’t need them? But they’re such cute kids!
If I'm going to shell out $15 to $20 dollars for a meal I''m sure as hell not going to a fast food place.
I rather go to PF Changs least I can get appetizer WITH stiff margaritas and tip for 30$
I go to my local family buisnees diners, got one here called “red truck” and their food smacks 😊
Exactly! My wife gets a little upset because I call it McShit's instead of Mcdonald's!
Still cheap, can get two cheeseburgers or chicken and cheese, plus a small fries and coke for $8.95. McDonalds is still as popular as ever. Can find a restaurant with 10 cars waiting at the drive thru.
good luck getting a steak with that
I stashed away cash for a rainy day, but with inflation pouring down, it feels more like a leaky bucket. Saving for retirement seems impossible if my money keeps losing value faster than I can earn it.
Not all hope is lost. Talk to a financial advisor about inflation-protected investments like TIPS (Treasury Inflation-Protected Securities) that can help your savings keep pace with inflation.
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That does make a lot of sense, unlike us, you seem to have the Market figured out. Who is this fiduciary??
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When your Big Mac meal has the same cost as a Red Robin or "Artisanal" burger dine in joints, you've lost your mind...
And your appetite 😮
😂
I was having this discussion with a buddy the other day. I was like why go to McDs when I can pay the same price at Culvers for better food and they both have a drive thru
@@icedemon1515Culver's tastes a lot better
Could get a steak dinner at a sit down restaurant for the same price.
The reason fast food restaurants became as successful as they did was not because it was fast and convenient, but because it was cheap.
Correct. And they may be pricing them selves right out of that niche.
@@davidcox3076 Oooooooor, the government that's forcing higher wages is doing it. You can't get blood from turnips.
exactly, back then going to McDonald's was usually a weekly or monthly thing because it was cheap and people still preferred to eat at home.
They're also the reason why almost 40 percent of Americans are obese. So I have no problem with fast food places going under.
When I was growing up, back in the 1960's, a McD's hamburger was .19 cents. Mom and Dad were divorced, Mom worked in the Pet department at K-Mart. It was a kid's treat to o to McD's... sometimes Mom would let us get the "Fish Sandwich"....that was really special....We had to be Good Kid's all week for that.
It’s literally cheaper to go for a burger at a sit down restaurant in my area than it is to go to McDonald’s
It'll taste better too
Ya unless you go to one of these trendy uptight hipster places that try to sell you a burger for $10-12 and that's WITHOUT frys even! Its an insult! Places like that actually piss me off!
The Denny's tier restaurant has completely eclipsed fast food for me. Same price or cheaper, much better food
@@tomryan9827 I feel 100% the same. Takeout from Applebee's tier with a decent coupon can be a viable option as well.
If you have an L&L Hawaiian BBQ near there then stop for a burger...but bring some mustard with you because they don't have any....or better yet stop at McD's and grab the mustard.
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You always accepted that you were not getting the most nutritious meal when dining at McDonalds, but the trade off was the cost of the meal. Now the cost has gone up so much that you can go to a restaurant that serves a home style meal for less. They have priced themselves out of the business.
THEY have not priced themselves out of the business. Watch the video. Did Mcdonalds increase minimum wage for fast food workers? LMAO you people are like lemmings! You happily follow along with your feelings and FAIL to consider ALL the pertinent information presented to you! Da gubermint has helped price certain markets into the stratosphere! The Green New Deal has made the cost of doing business extremely high. You HAVE to listen to the video! LOL
I agree; we can go to a diner for a better meal that costs less, and I think that more and more people will start exploring this option.
@@penneytaylor9285Not true at all. Diners are still more expensive and you are expected to tip. Fast food is still the cheaper option.
@@CherryPauper I can go and get a meal only a few dollars more that is alot better than Mcdonalds.. Why would I goto fast food when its not really that cheap?
@@penneytaylor9285Not if you pick up the food an go home an eat it.
Drove 64 miles home from work yesterday and passed countless McDonald’s. I was so hungry, and every time I considered hitting up a drive thru I just remembered the prices. Drove on!
Good for you. I do the same, but for me it's not just the prices. It's the product shrinkage. The burgers are way smaller than they used to be and the patties are half the thickness. It's a massive con job.
They can shove their shitty burgers up their ass.
Good
😂😂
Ride on!!!
Well done for not giving into temptation. 🎉🎉 Sometimes I'd bring my own food and drink with me that I'd prepare at home, pull up somewhere quiet and eat it, much cheaper. Used to go into places like McDonald's still do but less frequently due to price increase. Everything is gone so expensive.
$20 Big Mac is what stopped people from coming. A family of four shelling out $100 for drive thru is absolutely ridiculous.
Not only that but the quality of food has taken a nose dive over the last 5 years. You wait in their slow as fuck drive through for 20 minutes and then open up the bag for your $20 meal and the fries are all broken and cold and falling out over the bottom of the bag. The big mac is so sloppily made with sauce and onions all over it and has 2 paper thin patties. By the time you get home you already have diarrhea. Who would willingly eat at a place like this?
hahahaha that is so true. 100$ for 1 burger each for a small family :D that is just beyond retarded..... you could buy groceries for a week for that kind of money.
And @cinifiend yes, the amazing the place is still alive. You self service, you overpay, you get junk - as you said, fries are already half emptied in the bag and the big mac looks like it was assembled by a 2 year old cognitive disabled carrot.
but what about all those people we saved from covid (1% death rate) by forcing the economy to pause?!😂
Where the hell do you live where a Big Mac meal costs $20??? 😂
@@Mistercline1 Kalifornia, home of $20/hour burger flippers.
The Denny's in my are really jacked up their prices. I used to love going to Denny's and getting a massive meal for under $10. The local Denny's used to be packed with customers 24/7. Now, it is almost empty 24/7.
lol
Same in my area too, went to a Denny’s in my area on a busy weekday and it was so empty I thought they were closed.
My wife wanted McDonalds a few weeks ago. I was stunned that her meal was over $10 in Iowa. I would rather take her to a sit down place.
Sit-Down will be $30+
Sit down restaurants are getting insane as well.
Pro tip, learn to cook, get fresh quality produce for the amount of money you'd be willing to spend on said restaurant. Cook a meal that would cost you 4x as much (common restaurant markup on goods bought vs goods sold at least in Europe) for the same price, live healthier, control what you eat, enjoy cooking together, live a more happy life.
Everybody can cook, westerners are willing to spend hours to prepare themselves to go on a subpar overpriced "fancy" dinner but wouldn't spend half the time making food from scratch to taste. Buy less cosmetics and superficial "upgrades", become a better person instead of a better looking person, you are beautiful the way you are anyway and if someone doesn't appreciate you, he/she doesn't deserve you.
I think if you ever made and ate a great homemade burger, the sloppy half cold loveless crap a fast food chain will offer won't stand half a chance.
This price hike is a chance, not an obstacle, a chance to escape the grips of big food companies, diabetes, obesity and dependency. Get addicted to really fresh produce and farmer's markets instead.
Prices all over are increasing. For 2 adults (outside of CA/NY/Chicago) the cost at McDicks is about $25. We have opted out of fast food (especially burger joints) because we can reproduce that meal at home for about a third of the price and it will be of much higher quality. To continue living the same lifestyle as 5 years ago we have adjusted our spending on fast food to almost nothing. We have also given up cable (no big loss) and we only subscribe to one streaming platform at a time. We prepare almost all of our meals, bake our own bread/bagels/English muffins, and replaced paper towels with cheap reusable cloth. These are small adjustments and we now use our meal prep time as together time and the savings add up.
not per person.@@TanukiDigital
The food sold from food trucks tastes ten times better and you are helping smaller businesses.
What imaginary world do you live in? I haven't ever encountered a single food truck I'd ever even consider to purchase food from.
123 people disagree.@@gruntgamer4204
@@gruntgamer4204 you live in the stix? Food trucks can be amazing. Go get cultured.
@@wildgrem I'm not an idiot willing to risk food poisoning. So no thanks.
Every single food truck I've ever seen has been disgusting.
The only problem about that is food trucks don’t run 24 seven like McDonald’s and a lot of places don’t have them
I live in CT and I've been amazed McDonald's is still in business. It's cheaper to goto a proper restaurant for a burger.
yep ! You would be surprised how cheap ( even today ) you can make your own Big Macks at home....just cheese, thousand island, chopped onions & burger buns ! Make a
dozen burgers at home, for cost of 1 meal at micky d's
Yea, back when I went to college they had a bar on campus. A full meal was 10 bucks. Why the hell would I ever eat fast food when I could just go there instead? (hint I didn't 😂)
Yeah, and the Burgerd are a little more but better qsulity!😋
.....and proper restaurant IS where we're going for a tasty burger.
And better quality.
I went to a McDonald's a few months ago in person, and ordered at the counter, then paid and got a numbered paper receipt, and had to wait for my "number" to show up on a big screen TV ! While waiting, at least three Uber drivers came to pick up big bags of orders, and the crew was hustling to serve the drive through at the same time, so I figured out that the customers who are there in person, have the least priority !
I had to wait 15 to 20 minutes for my order at the McDonald’s closest to me and when I got my food it was not fresh the french fries were cold. and this has happened the last couple of times I went to McDonald’s so I stopped going there. Im done with terrible service and cold overpriced food.
yea... surprised? next time order online, it will be waiting for you ,,cold but will be ready
Oh ya they take 6 drive thu orders while you stare at the cash reg soo rude going in to eat
In my locale, service went to crap about 6 months before Covid. I got a couple orders of oat meal for breakfast from the drive-thru, planned to eat it in my car before heading out on an outdoor activity, and realized that they didn't give me a plastic spoon. OK, no big deal, I'll park the car, go in the lobby, and get one. They didn't have any set out, so I went to the front counter to ask for one. I stood next to a cop for 5 solid minutes, the front counter wasn't manned at all. WTF?! We stood there and watched people behind the counter running Doordash and drive-thru orders, nobody acknowledged out existence at all, even when saying, "Hey, excuse me..." as they walked past while making serious effort to not look at us.
Finally, I said to the cop, "I'm just here for a plastic spoon. F**k it, I'll go get one." When I went back behind the counter and started looking, then I got swarmed, "What are you doing?! You can't be back here?!" I said, "Thanks for finally acknowledging me! Get me a plastic spoon and I'm out of here faster than a jack-rabbit." Some skinny kid tried pushing me out but couldn't move me, so he grabbed a plastic spoon from a metal cabinet and slammed it down on the counter, "Here!" As I'm grabbing it and walking off, one of them said to the cop, "I want him busted for--whatever he did." The cop just stood there smiling, "He hasn't done anything illegal. I can trespass him from the premises if you want. You committed battery on him when you pushed him, you better hope he doesn't want to press charges." Then I said, "I don't wanna press charges. If you want me trespassed from here, that's AOK. I'm NOT coming back anyway. You guys suck, your store sucks, your company sucks, I'm the dumb one for even showing up today." That was 4 years ago and I've only been back to McDonald's a few times to take a wizz on a road-trip.
Spot on....I was 45 mins in a drive through......
I have not been to a fast food restaurant in 3 years. The difference in money saved by buying groceries and cooking my own food, has been life changing. I will never eat at another chain fast food restaurant again. it is disgusting slop to me now.
I got a burger from mc donalds tge other day after not eating fast food for a while. Its was indeed slop. 😂
Wow you got kids?
Good man. Home-made burgers are far superior anyway.
Same but it been more than 3 yrs for me.. add on my garden and I eat steak taters and veg as often as I want, fish and potatoes, homemade spaghetti with Roma tomato’s I grow, I truly have never eaten better for way less than what any nasty chain charges
Sesame seeds and sesame seed oil will make any meal taste JUST LIKE McDonalds and Chinese takeout, fast food is really overrated.
Who would've thought pricing your customers out would have consequences
Reminds me of Netflix and Cable TV. Oh, subscriber counts are down....lets increase prices to maintain profits. Which drives even more people away.
And automakers, particularly 'Stellantis' or whatever they're calling themselves this week.
@@quademasters249 I'm 67. When I was a kid, the owner of one of the TV stations used to come on and editorialize things he was interested in. He was saying back when cable was barely taking off, that cable would suck you in and over time it would get more and more expensive. I think that his time frame was off by a few decades but he was correct. I dumped Comcast, went to city owned Fiber. Bought UA-cam TV. In Aug 2020, they raised the prices 30%. I stepped off the bus then. The withdrawal symptoms were immense for about a month. I lived.
I have a HD HOMERUN box hooked to a cheap antenna. Let's me watch local stuff via the router and through their apps on PCs, Firesticks, phones and tablets. I get 73 channels of "Local". Most are garbage and a lot of duplicates because stations in different markets. I'm in Mass. and point into Connecticut. 2 NBCs, CBSs, FOXs, PBSs. Want to know a funny thing? HSN/QVC has local stations. They got scared concerning cord cutters they bought TV channels. I guess they think their core customers use TV for purchasing.
please stop thinking that they care
ikr 😂 And they are so tone deaf acting like they don't know why
I am a disabled veteran on a fixed income and I have discovered how truly therapeutic cooking for myself is. Cooking for myself with affordable and health-friendly ingredients...my takeaway from the pandemic...
Same. I'm really excited to get back to cooking this year now that I finally have the time to do it. It's a pleasure to go home each evening saying I did not eat out today. Feels like an accomplishment.
Same, it's much less expensive, have been doing casseroles with rice or noodles. They're actually really yummy
That's a bandaid. Eventually you will struggle to pay for your groceries and have the same problem.
I'm a SAHM and cook my family three hot from scratch meals every day. Its an act of devotion.
You can make it absolutely any way you want, your server never sucks and you don't have to tip!
No big loss if McDonalds goes under. They lost their way years ago.
the fat and poor are really going to suffer
@@frankherman5195they may get healthy
I stopped going to McDonald’s some years ago. The prices are simply not worth the food quality. They will do nothing but point to wages they pay, but the truth is what they are letting their CEO’s take. And it’s far more than any human being can spend in a cradle-to-grave lifetime.
Please stop with this crap... yes, corporate salaries are disproportionately large, but "wealth redistribution" isn't going to fix it.......ever! so you can make the annual salary 100K a year at McDonalds, your average CEO is going to get 150x that. Why? Stock holders want to see an increase in their investment. As long as that is happening, that particular CEO stays employed. Ever notice the tenure of most CEOs is about 5 years vs the tenure of most average workers is like 25 years (if they're lucky)? That's why there is a salary gap.
$20m vs $249k is an 80x increase. That is justified for one CEO of which there aren't duplicates in the entire business.
A CEO didn't just magically one day wakeup and cash in.
They started at a shitty company after going to school. Stayed longer hours than the employees, had more responsibilities. Cleaning and labor is not as important as making sure you have that job available to you in a year from now.
A CEO is playing chess every day and making decisions every day.
And the first few jobs they get are harder than the new job.
Y'all complain about emotional stress. These people get it more than you.
Difference? They don't complain.
Yawn, splitting up the CEOs pay down to something you believe is realistic barely nets any worker a bump. You want to know what it would probably net everyone who works for McDonalds? About a one time payment of $127 bucks. Its a dead argument, stop making it. I bet you think if you could just take $331,000,000 from said CEO you could give everyone in the US a million bucks don't you?
The price isn't the reason I stopped going to McDonald's, it's the fact that they lowered the quality of their food to save money. If they don't care about the product that they sell, neither should I.
Don’t lie. It’s the price.
@@Justin-uc8sc You're kind of right, since it's such low quality that it's supposed to be free.
Patties are smaller. Buns are smaller. And they never fill the fries to capacity in the holders. When I used to go, I would have them top off the fries every time.
And Bill G. took over the fries, don't forget about the human DNA found in burgers
They said a little while back on UA-cam that there's 17 or 19 ingredients in McDonald's french fries I thought french fries are made out of potatoes what neck are they putting in those french fries
Not only is an increase in price hurting them but also a decrease in service and quality
No customer service in CA, THEY STARE AT U. THEN I ASK, " IS THIS THE PART WHERE YOU SAY, HOW MAY I HELP YOU?"
THEY STILL DONT REACT. SO WE STARE FOR SECONDS TIL SOMEONE GIVES UP AND TAKES THE ORDER. SO PRACTICE STARING AT CASH REGISTERS TO HOPE TO GET A HOW CAN I HELP U. BUT PROB WONT HAPPEN. NOT HERE IN CA. HORRIBLE SERVICE FROM PEOPLE WHO HATE AMERICANS AND OUR LIFESTYLE.
Well i also know you should give it a try. You could maybe help them learn to give better service.
@@DonLicuala - Same. In 1968 our family couldn't afford the 19 cent hamburger. A friend of mine, his parents were wealthy, would take me once in a great while to Mcdonalds for lunch :>) 1975 I bussed tables at a Family Pancake House for $2.35/hr.
I was a kid once and in CA I went to one and they gave a burger with pieces of plastic or glass in it. Cut up my mouth. Before social media. No McDonalds in other states were bad. What can I say? California is just a shit hole, for around my entire life.
@@speakup733 restaurants are part of the service industries
They now have to compete with McRent, McTransport, McInsurance, McClothing. Overpriced food is pushed down the list.
It's not the recession that's hurting McDonald's it's the $15 for a 1 oz cheeseburger and a small fry that is killing McDonald's
I can get 2 mcdoubles for $4 + tax
Says person who doesn't eat at McDonald's
@@markunwin2313Says the person who doesn't even know what he's talking about
Good riddance McDonalds. I stopped eating at McDonald in the mid nineties. Disgusting ,low quality nutrition. When I stopped eating fast food,I lost 25 pounds and kept it off since. Who eats that garbage?
Yeah not a loss for humanity.
Truth!
I quit eating out a long time ago, I can eat for a week at home of healthy meals for what one crappy meal costs. Of course that is all changing with the rising price of food, gardens, and raising your own food is a must today.
Most of America.
Who eats it? Everybody else...
RIP The Dollar Menu. You will never be forgotten.
seriously they might want consider bring this back, or at lease have better lower price alternatives or they are fucked, like most restaurants in 2024
Double cheeseburgers for 1 dollar was great while it lasted. Also I miss the third pound Angus burgers too, they were so good and those bastards got rid of them.
I feel old whenever I ask a McDonald worker what happened to the Dollar Menu, and they ask me, what is that?
Pepperidge farms remembers..
Double cheese burger 4 nuggets fries and small soda 5 bucks. Just got it yesterday
I suggest you offset your real estate and get into stocks, A recession as bad it can be, provides good buying opportunities in the markets if you’re careful and it can also create volatility giving great short time buy and sell opportunities too. This is not financial advise but get buying, cash isn’t king at all in this time!
One strategy for protecting against a recession is to buy equities. Investors, especially during a recession, need to know where and how to put money in order to make money while avoiding inflation.
It has never been easier to understand how to build your money than it is right now, when you may study and experience a completely variegated market passively by employing a successful portfolio-advisor. The impacts of the U.S. dollar's gain or fall on investtments, in my opinion, are complex.
Working with a Financial Advisor to help guide you on your wealth-building journey if you're just starting out is a wonderful way to get started and thats how i was able to accrued good gains . They helps to manage investment overall risk profile , prevent permanent loss of capital consider maintaining a broad diversification of your investments that reflects your personal risk tolerance, time horizon, and the nature of your financial goal
please who is the consultant that assist you with your investment and if you don't mind, how do I get in touch with them?
When ‘Carol Vivian Constable’ is trading, there's no nonsense and no excuses. She wins the trade and you win. Take the loss, I promise she'll take one with you.
Haven't eaten at any fast food since the Pandemic. My joints have stopped hurting and I breath so much better.
I have not eating Fast food since 2012 because the food is sh*t and taste like shit ~ It was like eating a brick after eating one Big Mac ~ I could only eat the frys. Maybe?
You go queen! Food is better at the castle anyway, we know what’s in it!
ok so you've lost weight
Outstanding!
When I was growing up we did not have all these fast foods. I lived in KCMO and we went to Katz they had hot fudge sundaes and we eat cantaloupe with scoop ice cream or Woolworth’s had good food. We go to cafeteria before movie. We ate at home. Most us were never sick or over weight. I personally think people would feel better and take off weight. Most those people they hire are nasty just want job. Stake and shake has nasty people and kitchens, they have really went down. That’s why people are sick. I tell you one thing , you go Noth Carolina around Morehead most those places they have real food , if you eat food here and there it’s hard to get use to real food, more like home cooked. The taste here suguary and greaser.
The same happened to Lego, too. A cheap toy became a top notch luxury item with crazy increased prices.
It is absolutely INSANE what Lego kits cost, my god its machine injected plastic blocks, costs next to nothing in materials and yet the kits are 50 to 100 dollars and some far more. Thats just certifiably insane.
Lego prices have become insane
Someone has to come up with a new kids toy thats reasonably priced. Lego's like the classic thing that was cool 30 years ago and its now just way overhyped - the only problem is megablocks are terrible lol iirc
@@mikebryant614I have Lego sets from the 80s & the top end sets (Castles, pirate ships, Technics) were $100 _then._ That’s not adjusting for inflation. So, you just haven’t been paying attention.
@@NinjaRunningWild Ya... Lego is still expensive, but its not nearly as expensive as it was when I was a kid (80's/90's)
Thank you for raising prices. I can’t afford to eat this food anymore and I’m healthier for it.
Honestly, the only fast food I even consider eating is chick fil a. I’m not paying 10 for a McDonald, Wendy’s, Burger King meal.
Smartest comment here 👌
@@22zay65 ...and Chick is LOADED with chemicals. There's nothing fast that's real food. Nothing.
@@CristinaDavalos1127stupid is as stupid does 🤓 🖕
California is full of dumb money
I stopped eating fast food years ago. I can sit down in a restaurant and get served better food for the same price...
Exactly
McD's was once a common lunch. spot for me. Not only are the prices too much now but the burgers and fries' cups are smaller.
Yep . that's why I no longer eat there
Why am I surprised by the fry count going down... That's the first thing to go. Then the quality of what's already there. Then the price goes up. Sometimes it's all three at once.
I ultimately liked Burger King food more or I just had a cheaper meal by cooking the burger myself at home
@AdrianFahrenheitTepes
yeah, I've been thinking of doing that. People say the cost of meat in grocery stores has also gone up. So are you really saving money ? ❔️
I do hope you get back to me and thank you. 🙏
They did you a favor. This food is almost as bad for you as smoking.
Those prices have helped me, to stop eating fast food. 🤷♂️
Yup so i see it as a good thing like they say if life gives you lemons make lemonades lol
@JD-un2zv that's nasty. Go buy some burger patties
I went to Kroger the other day and bought a large whole raw 5 1/2 lb chicken for $8.20 and a 10 lb bag of potatoes from Kroger for $5.69 plus a large bag of carrots from from Kroger as well for $2.29 . I made gravy with old chicken bones and veg scraps simmered into broth, mashed up 3 good sized potatoes and we had fresh steamed carrots. I bought 5 lbs of flour for $2.69 and made no knead bread dough for rolls (recipes all over the internet) a cup of warm water, some salt and yeast I made 6 no knead bread rolls (large - we only ate one each) at a cost of less than ~ 30 cents plus a bit of butter. Total costs for ingredients was less ~$20 - that's 6 meals for 2 people with meat and veg for less than $3 and change per person each meal. If people would plan meals, shop sales and batch cook (a whole chicken is nice because it's all cooked at once and cut into serving sizes) it's not very time consuming and much healthier. And always freeze chicken bones and veg scraps - makes the best chicken broth ever.
People who can afford McDonald's will not pay those prices for junk food.
But they do... it has some of the highest volume sales in the world...
I rather go for some healthy
I haven't even had the desire to eat at McDonald's in over 10 years. I can't remember the last time I actually ate there.
Yep. Same with other fast food chains. Why pay anything in the $10 range when you can pay an extra $2 at a proper restaurant for a better quality meal that has more quantity and better flavor?
Oh, but they will....
Companies need to stop price gouging…PERIOD🗣️‼️
Democrap inflation has driven up the prices of goods and services, not company gouging. Keep voting blue! 🐑
The grocery stores also and the price of gas. Most people think that all of this is inflation.
@@dalewesp4653 Uh because it is because of inflation. If everything in the economy in going up that is the literal textbook definition of inflation.
Yes every company (both big and small) got together in some grand conspiracy to increase prices in tandem. Not that our gov't quadrupled the amount of dollars in circulation since 2020. Oh no its because every single company is out to get you.
Do you really think McDees is rolling in the profit? The cost of ingredients has skyrocketed, the cost of manpower has skyrocketed and consumers is down and you think it is price gouging? It is in great part an out of control government that spends money it doesn't have and taxing us more. And, in my part, taking advantage too much of eating cheap fake food and not preparing real food for my family.
I went to a BK recently (after not having been there for a few years), and was shocked that a Double Whopper Meal was nearly $12.
I can get a full, sit down Mexican restaurant dinner for about $16 .. I won’t be back anytime soon.
It helps to keep cost down when your staff is paid under the table.
@@californiadreamer2580even when they're not paid under the table the costs are still too close to justify the fast food over real food. And who cares? I'm worried about the immigrants killing people not the little dude bussing tables. Food better too. Especially Mexican food. Your body literally digests it much easier and there's a higher nutritional value. Most restaurants are using fresh items so why bother fast food
Golden corral is like $12 for lunch
Nah they’re still actually cheap you just gotta have the app and their prices drop like crazy cause they give you stupid amounts of coupons
I'd much rather hit up a local Mexican place and have a decent meal for the same price as fast food slop
Went to my local Mc D's up here in Canada and it cost me $15 for a medium fry and 10 chicken nuggets!!! In that moment the realization hit that I can't even afford McDonalds anymore. Tough world out there
No one can.
It doesnt matter how much you make. Getting ripped off is getting ripped off.
still just 7 bucks for 2 mcdoubles, thats all i need
@@JessmanguydudeMc doubles use to cost around a !.00. Think about that. No Mc Donald's for me. They lost me last year when I ordered 3 Sausage egg Mc muffins with out the muffin. and I got attitude by the person in the drive through. I have never been bake to any of them. I make my own breakfast now. Much much cheaper.
At least you'll be healthier for it. Eat at Chinese takeout instead :)
@@TieDyedShawn well yah, cooking at home has always been cheaper than paying people to make your food. but i love the flavor, ill gladly pay 7 bucks for a meal. I dont do it all the time so its not expensive at all. subway is less food for same amount of money, idgaf i dont work for my money. lol
Did the CEO mention that his pay gone up 400% over the last 40 years? Inflation is on them. They can’t blow smoke my up ass. I been watching the ball.
This above. Everyone always blame the labor cost has been going up but they never look at the higher up of the corporation trying to extract more of the corporation fees when they know they don't need an extra $10 to $30 million in bonuses and stock options to do their job.
I came here specifically to say this.
It's amazing how certain people don't object when CEO compensation rises, but cry that their burger will cost more if the guy who cooks it gets paid a little more
Look at minimum wage years ago and adjust for inflation... it comes out to about $15.....
@@frankgrabasse4642 These companies been touting record profits. Trickledown economics at work.
Its More economical to buy from your grocer and eat at home😮
The year was 1999, 29 cent hamburger Tuesdays and 39 cent cheeseburgers Wednesdays, and they had the Monopoly game scam going, what a time.
No wonder, prices at MacDonald's are ludicrous for what you get. The people who used to eat it can no longer afford it, and the people who can afford it will never eat it because it's muck.
Muck? It's Kaka..
I just did my finances. Getting paid on Tuesday. Bills already account for $1280 out of $1305 I’m gonna get. Gonna have $25 to spare. And I deferred taxes!
So I’m not going to McDonald’s with my last $25. Maybe if the burgers were .39 cents. What happened to them .39 cent burger days?! That was the McDonald’s that I remember from my youth. Buy 20 cheeseburgers and feed the whole family and have more to spare.
Life really turned out really badly. The economy really sucks and the people who vote don’t care about dirt poor people who are literally barely making it. I’ve literally had people tell me i deserve the situation I’m in because I don’t work hard enough. This is literally the best I can do. I’m on my feet all day every day. My knees hurt like hell and I don’t have any money to get it checked out. But I don’t work hard enough. If It was so easy, why doesn’t every one have a nice job and have lots of money? Democracy and capitalism has failed. And honestly life is so bad, because of money, that I’d really rather be dead. And that’s the gods honest truth.
@@kayhan_qfpnand it’s all your fault . The wars ,the death ,the destruction have come back to bite you
Well said
* always has been muck??
Fast food places are pricing themselves out of business. Well done.
It's a common crisis of Capitalism - the Crisis of Overproduction (aka Underconsumption)...
In states like California they don't have a choice but to do so and it's just sad.
governments are pricing them out of business.
You will own nothing and be happy.
It's not the fast food place that's causing these prices.
I can remember a big mac meal costing $3.25. Those days are long gone. I have not gone to McDonald's in over 10 years now.
Good for you. Your body is thanking you
@@JeremySawdon for sure. All i ever got was indigestion and a painful bathroom visit.
For many years...the Jumbo Jack for $1. Wendy's Chili $1 & their small burger $1. Laid off in 2009 and went often to Wendy's for lunch for $2 :>)
Same here and it wasn't cost that drove me away, now I know for certain I'll never eat fast food again.
I can remember when my parents and I could go out for a steak dinner on $20, $30 if we wanted pie. Big, thick, juicy T-bones, okra, baked potatoes, salad, whatever. Hell, I can't even find steaks like that anymore. I never liked McDonald's.
The problem is not the price.. it is the low salaries and corporations sucking up 99% of wealth to themselves.
Yes keep stockholders happy.
That's because Fast food isn't for low income workers anymore. $10 meal isn't cheap, you used to be able to feed your family for $20, now the same order is giving you less food at more than double the cost.
Yeah that's what he said.
Yeah, that's what he said
Fast food never was cheap.
@@arturwittensoeltner8729 It was in the 60s,70s.
Well isn't salary increasing as well? Over here 20$ for a family at mcd might have been like 20 years ago
Seems like the problem is corporate America asking the question “how much money can we take from the average person before it starts to bite us”
Corporations being greedy isn't anything new. They are pricing their items for what the consumer is willing to pay.
This has been happening for a while now! The borrowing and increase spending while keeping interest rates low, so nobody really notices, has exploded now that the "crows have come home to roost"! Every politician kept kicking the can down the road because they didn't have the balls to tell the voters they had to tighten their belts and pay down their debt! Now it is probably too late!!! You reap what you sow!!!
Not in California but my state just made minimum wage over $16/hr. This has more to do with it. Corporations exist to make a profit.
Corporate sucks
When it starts to bite they switch up the shell game. Financial investing firms (banks) making bad loans and CEO's making bank---2008. Financial investing firms (banks) building bad homes on good loans and CEO's making bank---2024. Schemes, offshore shell companies, Federal reserve ( private and run by ex bankers ), downsizing to boost numbers, etc. Billionaires are paying no taxes and bitch about labor costs killing them. Legalized theft.
Canadian here but the prices at McDonalds is so high now it's equal or cheaper to go eat at the local mom and pop burger places now.
It's getting difficult to find mom and pop restaurants.
Agreed from another Canadian - e.g. when I was a teen the Filot-O'Fish at McDonald's cost 25 cents. Now it is almost six dollars. 🙄😠
@@XNY556-Apple yeah it's a bloody miracle where I live is the local resturna are mostly mom and pop places shockingly. I try to make use of it while it lasts.
@@arnesahlen2704 yesh when you can go to a burger joint that doesn't make up your patty till you order which is about the same price as a macdonaled combo guess who wins.
Eighteen dollars for a Big Mac meal. Unbelievable
"Low-income people have stopped coming" Exactly as you said, who the hell can afford fast food now? People working an hour just to buy a sandwich and small fires. And now Wendys talking about "surge pricing" like wtf
Surge pricing ... naturally.
Yes. I have seen people wait in huge lines at fast food places because they have a coupon. People are trying to save any way possible. Prices just keep going up across the board.
Wendy's is going to go under.
How TF you gonna put 'varying interest rates' on burgers and fries 🤷
Minimum wage still has not been raised enough to pay for a single Big Mac. It's sickening. It should have been raised by now.
And CEOs get bigger salaries and bigger bonuses, making 100,000,000 + a year, they pay out shareholders more and more, but they’ll blame the cost paying workers for price increases. Trying to turn us against each other.
A lot of companies are keeping their costs artificially high. That's a fact.
If the cost keep going up
While not passing the profits on to their employees so that they can actually afford the products they make.
Bullshit….maybe in 2020-2021 but no
What would they do that for? Do you see the businesses closing across the nation? Prices are high because the democrats promise everything for free , higher wages by law, housing prices jacked by bankers who never face the law when they go broke and the people at the top still walk away with millions.
@@vinnyrussomanno5357 actually inflation is low right now so this is just to bump up their stock price and give more profits to their shareholders.
On my way to work each morning I pass by a McDonalds where the breakfast drive thru line used to always be backed up out to the street. Now it's empty.
Those cars are in the Starbucks drive through now 😂
@@AlaraMillswhich is arguably even more insane lol
@@ryanmac8829I disagree, if I’m going to pay a ridiculous price for fast food I’m gonna go somewhere with higher quality. 🤷♂️ can’t tell me McDonald’s has better/equal quality to Starbucks
Starbucks is shit food.anybody who say otherwise has an opinion I can’t trust..
I think it really depends on the location of McDonalds like in states with high income will see less people over states with low income cause the McDonalds I go by in morning is always packed drive thru but I'm in a low income state so its still cheap and to be fair their breakfast only good thing they have there so that helps it too lol.
My Chick-fil-A meal is cheaper than my McDonald’s meal. My Chick-fil-A is always hot, they never forget my sauces, and great customer service. My McDonald’s is always cold, they forget the sauces 99% of the time, and they’re rude.
CFA is just as mid as McDonalds though.
Chick Fil A is fast food too Einstein and has all the sugar and fat as Macs. costs more too. Still time to get your GED.
@@dmimcg when and where did I say chick fil a wasn’t fast food? I’m well aware that it is. Also my meal at chick fil a is cheaper than my meal at McDonald’s. You have time to get your GED but passing is another story.
Every time I pull through a fast food drive thru, I seriously question my life choices when hearing the prices of the order.
It has happened few times I ate out and once my tummy was full, I felt remorse by just looking at the receipt and I am wondering "why...was it really worth it?"
Same! We mostly cook at home
Now. But Braums is way cheaper and the meals are around $7-8! There food is good too so we just go there so
Sometimes 😊
Then what you see reach out the drive thru window to take your money makes one wonder what's putting your food together. Sometimes I order then pull up to the window and drive off after seeing what's at the window.
It used to be about the convenience of eating healthy or just eating... prices are now in the mix throughout the whole menu lol
Do you buy the food anyway? If so why? Speak with your pocket book the prices will have to come down.
It doesn't even seem like the prices gradually went up. It has spiked by a huge amount just the past couple years. Ridiculous.
Corporations blaming "inflation" to justify price increases. They are increasing prices more than average inflation rates would justify (this means other items in the inflation basket are lower than average).
@@beepbop6697 BIDEN CLAIM: “Family economic security is stronger than pre-pandemic.”
Household net worth is 4.7 percent lower than when President Biden took office when adjusting for inflation.
Credit card debt, adjusted for inflation is 14.6 percent higher than when President Biden took office.
The monthly mortgage payment on an average home has doubled during Biden’s presidency, increasing from $1,300 to $2,600.
BIDEN CLAIM: “Gas prices are down from their summer 2022 peak.”
FACT CHECK: Gas and energy prices remain significantly higher than when President Biden took office.
Gas prices are over 34 percent higher than when President Biden took office.
Energy prices are up 28.5 percent from when President Biden took office. < > BUDGET COMMITTEE
@@beepbop6697 Precisely.
@@beepbop6697McDonald's is taking nearly 60% of the revenue, not 20%.
When you artificially increase the cost of energy, fuel and electricity, everything else will also increase in price. It isn't rocket science. It's basic economics.
The odd part is restaurants have NOT gone up as much as fast food. So we are getting fast food less but not cancelling date night.
Try the ‘3 for Me’ menu at Chili’s. Pretty nice environment for a date night and it’s only $10.99
My husband and I were just talking about that with our friend who owns a restaurant! It’s crazy we can enjoy a sit down meal cheaper than a quick burger and fries.
@@TrendingHeadlinesTVlmao Chilis literally has a commercial about this. “Have you seen these fast food prices lately, even they want you to come to chili’s” 🤣🤣
So true, we have discovered so many small diners around. My wife reads reviews on locally owned restaurants, and a few of them have turned into a once a week visit. It's cheaper for us to eat out with one of them than prepare the same meal at home. Best part is no dishes, so we tip extra.
Now you can go to a diner sitdown and eat and its much better food but it costs the same as that junk.
I went to a McDonald's drive-thru recently for the first time in several years. ONE Big Mac and a medium fries cost me $11.57, and this was in Tucson not NYC. I won't be going back. In that price range there are much better options.
Thats so wild. I went to McDonalds about a month and a half ago and for a meal for me and a happy meal for my daughter it cost me 27 dollars. 27 Dollars for extremely sub par food. Since then I vowed to never go back.
What did you order?
@@bartmix8994 i ordered a big mac meal and a happy meal. Craziness
@Notaslave1961 absolutely!
Was this inside a mall, in rural Alaska, or a highway rest stop McDonald's? If not, you're a liar
We went last week a family of 4 and it was just under $60 I promise we will not be going back because we can go to a restaurant and eat better food for the same price!
One of the McDonald's locations in my city raised the price of their steak, egg, and cheese bagel to nearly a dollar more. It lasted two weeks and they lowered the price to what it had been before. Trying to price-gouge customers doesn't seem to work when customers don't have enough money to gouge.
I know right?
Fast food: Doubles in price in just a few years.
Workers in America: Maybe a 10-15% raise in a few years.
SMH.
@MobileGamingChronicles price rises everytime there is a forced minimum wage increase. Every increase in the minimum wage does two things...job losses and a pay cut for everyone who made more than the minimum wage thru higher prices.
That's not what "price gouging" is. They aren't raising the prices just because they feel like it. They're raising prices because their margins are being squeezed into non existence.
I didn't eat McDonald's because it was good. I ate it because it was cheap.
I wouldn’t say people can’t afford it. They are not going to pay that much for it because it’s the farthest you can get from real food. Cheap and fast WAS the only things they had going for them.
and convenient
ikr
They pissed away FAST a long time ago
It was for kids! High shool kids don't have that much money for fast food.
I won't pay for cinema, fast food, alcohol, chocolate bars, cakes, crisps, chewing gum or coffee nowadays as I don't even enjoy any of it and it's way overpriced and wages need to rise to reflect costs. Enough is enough.
I think what's going to happen in California with the massive minimum wage boost is that the fast food owners will stop hiring workers with no experience. The days of a 16 year old getting their first job at a fast food place are over. Retired people, who are most affected by inflation will be forced to go back to work and fill these fast food positions. These retiree workers will be desirable as they have decades of work history, show up on time, are capable of doing the work efficiently, and they aren't constantly looking at their phones.
They have been not hiring people with no experience.
I was denied for a job at McDonald's because I had no experience so that's not it.
Also McDonald's is a billion dollar company and paying their workers a fair share wouldn't impact them but they don't want to.
The answer to this issue is putting price limits on housing and food and other important things for human survival.
It's not fair that a landlord who inherited his apartment complex from his grandparents and now is changing 2000 a month for a rundown and beatdown closet that he refuses to fix.
Also taxes from properties but still rent is more unaffordable.
Stopping the climbing of food and housing will fix this issue.
Totally agreed!!!!!!
@@winning3329as the video covered, McDonald’s doesn’t pay or manage the employees. The franchise owners do, they’ll have the sole incentive to automate and do away with the jobs entirely.
Why do dumb people always complain when minimum wages go up while prices independently go up at a much higher rate? The data seems to show that prices go up first then increasing minimum wages are a meager countermeasure that just barely keeps people afloat.
No, they will hire no one as robots will take over the positions. Look at how far robots like Teslas Optimus have come in literally 2 years… they will be in manufacturing plants within the next year or so, and guaranteed will be making your burgers soon as well.
Ridiculous prices. Pay a little more we can go to a sit down and waited on restaurants than Mcdonald’s
I learned to cook watching youtube videos. I don't bother going out to eat anymore. Saved me a ton of money and improved my health.
Thanks grade 6-8 home ec and my mom - saving me money since 1993.
Me too. And I saved a lot of aggravation from badly served meals, poor restaurant hygiene, and other customers' rudeness. My last meal out I had at the next table someone on mobile speaker phone for duration of dinner. Not headphones but with their phone prompt up against water glass. I would have walked out mid-meal if I could.
@@markbole2496 Why not move across the restaurant? The last handful of times I was at a fast food place, it was practically deserted.
Same here, last drive thru the window dude was on speakerphone gibberjabbing the whole time, my "special order" came to 27 bucks! Grudgingly I handed over two 20's I then see a fast hand lay a 20 next to hidden side of cash register n think he's just setting it aside while he finishes taking the latest order. He then returns to me saying I only handed him one $20!!! I dropped f bomb n drove off knowing this must be the latest tiktok scam- fast hand , confusion, senior ripoff five finger discount. Lesson here- Do not hand over money til they are fully attentive and count it as you would like buying a used car.
Recent government decisions have brutalized the economy, yes.
Also, I have now learned to cook for myself, patch holes in my pants, plan ahead and buy in bulk at a discount, take the most mileage friendly route to work, complete minor home repairs by myself, and overall budget my finances down to the dime.
Prices went up and burgers size went down
McDonald's patties have been 4:1 and 10:1 since I can remember. I'm 52 and worked there in my teens. Go spread false information elsewhere
I remember McDonald's was my fist job and I was only making $5.15 a hour. Ppl don't realize that $20 an hour is going to be equal to that $5.15 an hour. $20 a hour isn't going to be worth noting
Been 7 years since walking into a McDonalds. Not paying those crazy prices. No fast food for this Family!
Other than their coffee, I have ordered food items two or three times in the past 7-10 years while away from home...each time I was incredibly disappointed as soon as I opened the wrapper. I can't believe the pathetically low amount and quality of the "food" that you get for that money...and the coffee has gone downhill as well.
Got THAT right !
I’m now avoiding fast food chains. No way Burger King is worth $13.31 for a no. 1 combo without cheese!
Maybe I’ll see less litter from these places on my road?
I was just at mcdonalds today and dropped $28 dollars to feed 3 people... I was like... never in my life did I expect to drop $28 on a few mcdonalds meals. Like most companies, they really hiked up their prices and tried to blame their greedflation on inflation
Nope. I will never pay $28 at McDonalds. That’s insane.
They keep hiking prices while fighting to keep wages low. What these companies don't realize is that although they are successful and can pay their employees less, so can every other company which means people can no longer afford their insane prices and just stop eating there.
That was cheap for 3 people at McDonald's. I usually pay that for 2 people....
Some of us wouldn't pay $2.80...
@@Aj85234480 it’s even more insane you are cool with that, regularly.
20 dollars a hour is uncalled for in the fast food industry, no one should be making 20 dollars a hour to flip burgers and fries
Mcdonald’s is greedy when a “value” meal costs more than sitting down for a real hamburger somewhere.
Hamburgers at fast casual and restaurants are $15-$20 without tip in my town now. Sometimes you have to pay extra for the fries.
When 22 year olds with $100k+ in student loans are spending $20 on takeouts each night, what McD is charging is nothing.... especially when you consider their employees are getting paid like professionals.
And California wants to raise minimum wage to $50… imagine how much that burger will cost then. 😂🤣 min wage only hurts the middle and lower class.
@@caseyw216completely ignore the fact that the price increases have outpaced wage increases. The major problem is that McDonald's is taking 58% of the franchisees revenue between the fees this guy says are all McDonald's is taking and the supply costs. Because the franchisees are required to buy their supplies from McDonald's.
@@caseyw216then you raise the minimum wage again and then you raise it again and then you raise it again if you have to you raise it weekly you keep up with the rate at which they increase prices until they are forced to either pay their fair share or leave the market.
McDonald's can pay $24 an hour as a minimum nationwide by simply increasing their ticket price by around $0.06 a ticket yet they've increased the price of their food in some cases by over 200%
And I don't care what the franchise owner makes the franchise contract system is a scam it's designed to shift all the profit to McDonald's and all the costs to the franchise owner those contracts need to be renegotiated and the only way to do that the only way to force them to renegotiate is to have a proper minimum wage that adjusts in real time to the response of the businesses double the price of your food? Double the minimum wage you have to pay. Save $80,000 in labor a year with automation? We increase your taxes $80,000 a year so you save nothing.
This is what needs to happen until this happens they'll just keep putzing around and screwing people.
No doubt there are some parts of California where $50 an hour is a valid minimum wage your problem is you suck at math you suck at civics and you suck at economics and this is not entirely your fault because your education was screwed with so that you don't learn what you need to learn and we screw with political rhetoric to brainwash the population into thinking otherwise
$50 an hour is not a lot of money you only think it's a lot of money because you're used to what $50 an hour was 20 30 or 40 years ago because you haven't been trained on economics and basic mathematics so you don't do such a basic simple thing that should be a duh dult Homer Simpson moment oh forgetting to convert the foreign currency That's right The dollars in your head or a foreign currency 20 years ago was a foreign country That's like trading in $10 for a hundred pesos and going I'm rich I'm rich No it's the same damned amount of money you have to convert the currency
They've brainwashed you and diluted your education so that you don't understand this which gets you to agree with them and get you to be a willing slave
Are you aware that roughly this is a guess but roughly 65% of the US population is under the poverty line? No not the fake BS government document released poverty line but you know the actual dictionary definition of poverty
The dictionary definition of poverty is the inability to pay for a person's basic needs in life not luxury needs basic needs for a typical person in our current society as it stands.
Roughly 65% of the population is below that mark. Which means technically 65% of the population is below the poverty line we make up for this with welfare assistance and cheat codes. That doesn't make you not in poverty that is you compensating for your poverty by any means you can.
Sharing a room with a roommate? That's a cheat code if you have to share the room with your roommate in order to live then you are under poverty because that cheat code is a necessity if you get a roommate in order to allow you to save more money to spend on something else meaning if you lost that money you would still be okay then you're not on the poverty do you understand the difference?
We have taken cheat codes and made them de facto necessities of life and we've convinced people that this is normal when it is not normal
Imagine if you traded in your F-150 pickup truck for a Toyota Prius in order to save money on gas and your boss saw your Prius and said oh you're spending a whole lot less on gas now I'm lowering your pay $2 an hour would you accept that? Hell no you'd punch your boss in the face and tell him to go to hell
And yet when your boss does the exact same thing by manipulating our government and our society to make things like a roommate at the facto requirement which means he is essentially saying you have to trade your pickup truck in for a Prius in order to be able to live on this job it's the exact same thing You're just being made to do it as a part of your normal life and you don't even realize it.
This is what happens when you suppress minimum wage.
I was thinking about stopping at McDonald's on my way home. When I started counting how many products I could buy at the grocery store for the same money, I gave up.
Like what? 3 products?😂
@@colinl5951 like 1kg of frozen chicken brest and twice as much vegies
@@colinl5951uh da um uh slinky da um uh!!!!
sorry man i forgot that ppl dont know how to preper food anymore@@colinl5951
@@colinl5951 I usually live off of 100 dollars a week in groceries for a family of 5 including a teenager just going to Walmart and fill up the basket. But it all depends where you live. I travel a ton for work and Prices are all over the place.
Their service often sucks. Last time I went to McDonald's the restaurant was filthy and the burger was burnt and the chicken sandwich was a toothbreaker.
I could only imagine the dirty back kitchen that we don't see.
It's garbage
Ceo forgets that their food have been degrading over the years while price goes up and portion size goes down. NOTHING to do with recession
And they give themselves 20,000,000 yearly bonuses and pay out shareholders extra. Then blame paying workers a living wage to put us against each other while they laugh on their mega yatchs.
@@meaghanorlinski8464 They pay workers a living wage? What exactly is a living wage?
Dumb question
@@stevenhenry5267 Then answer it!
It’s all about profits
Price keeps going up and the taste of their food keeps going down. Sounds like a great strategy.
LUL 👍🏽
While also shrinking portion size…what could go wrong?these people are just greedy
@@erikkibler3466 shrinkflation is such a wonderful thing isnt it
2030: $30 for a cup of air, sandwich wraps, and a bag for all of that. Thank you very much. :)
2040: $45 just for coming to McDonald's even if you didn't buy anything. If you don't pay, we have a police officer behind you ready to put you in handcuffs. Thank you very much. :)
I work on the night shift so i used to go to the 24 hours Mcdonalds. I quit going because i got tired of sitting 45 minutes in the drive thru
I don’t even go to McDonald’s anymore because the last couple times I did the food just does not even taste anywhere near as good as it wants to! I don’t know what they’re doing making things cheaper. I’m not sure? All I know is I’m done with McDonald’s, and will never step foot in another one again as long as I live! Their food just isn’t any good anymore!
Their food was never good. It was good for the price it was at. Now that it's more expensive you're realizing it doesn't taste as great as you were tricked into thinking.
In my area, a fast food combo is about $10-12; for just a couple more dollars, I can go to....Indian Buffet, a real Mexican restaurant, Chinese Buffet, Japanese Ramen House, etc., and get actual food, not swill.
Yeah man, same boat here. $15 for a meal of $12 for fast food combo (that usually tastes like cardboard with ketchup).
My wife and I haven't stopped at a fast food place in years! last summer on the way home , I got really hungry and told my wife that I was going to stop and get us a Hamburger and fries to take home to eat, My wife said No, we are almost home just wait and I will make us lunch, I said Yeah but it will take another half hour or more before its made and I'm starving and what the hell , we haven't bought anything in a while, lets splurge a little ! So I pull into a 5 guys Hamburger place went inside and saw those prices and thought Damn, that will be almost 40 dollars for two of us to have a burger! Hell for that much money , I could buy enough stuff to make a dozen hamburgers and fries! I came back out to the car, Wife says Where's the food ? I said Forget it, at those prices I would rather starve for another hour
They closed all the Indian Buffets around here during Covid and they never re-opened. I am so bummed! I love a good Indian Buffet!
@@bluemouse50395 Guys is very expensive but it’s delicious! But I only go there about once a year because of the high prices.
@@bluemouse5039😂 bro this is how i feel sometimes. Im hungry and dont wanna wait for my girl to cook, and say what the heck havnt had fast food in so long, look at the menu prices on apps, even with coupons. The prices Completely kills my appetite for that 😂 maybe its the feeling of getting ripped off for fake chemical food ?? I end up cooking something up with my girl and we enjoy the meal 100times more😮💨
But the most shocking thing is that a cheeseburger is almost $4 now; it used to be $1 not long ago.
Yep, I remember growing up and getting 4 triple cheeseburgers for like 2 or 3 bucks. My parents remember their parents feeding their entire family full meals for less than a dollar. All things considered, that's like a 4,000%-5,000% increase in cost.
.
Meanwhile, minimum wage for a years labor in 1960 was about $2,392, and has gone up to about $26,000. That's about a 1,000% increase. And wages are obviously supposed to cover more than just food. So somehow with the 1,000% increased salary, we are supposed to afford 5,000% increased food costs, thousands of percentage increased living expenses and utility costs, thousands of percentage extra cost materials for repairs, etc. etc. etc.
.
It's pretty nuts when you think about it.
In 1964, they charged 25 cents for a single patty cheeseburger. And it tasted fresh, as opposed to the poison they sell today. Think about that.
@@watchmanonthewall14 Meh you are a ridiculous drama queen. I ate my share of McDonalds back in the day and there is no freshness nor "poison" difference between then and now, if you simply buy you burger during peak mealtime hours so it was just made.
If anything it is the contrary that back in the day, they cooked their fries in lard and they were melt in your mouth delicious but unquestionably worse for your health than the vegetable oil used today.
Otherwise it's the same food, you're just being a snob more today than back then when you were a kid and would eat anything because you needed the calories a lot more.
@@stinkycheese804 Nothing wrong with lard, way healthier than sunflower oil.
@@stinkycheese804do some basic research. Vegetable oil is wayyy worse than lard.
Airport prices everywhere.
It's not real inflation, it's greedflation by the 1%.
Sesame seeds and sesame seed oil will make any meal taste JUST LIKE McDonalds and Chinese takeout, fast food is really overrated.
@eitkoml Sure bud. Your boy Biden (and the uniparty Neolibs and Neocons before him) printing dollars like toilet paper had absolutely nothing to do with it.
Let me clue you in. The new left gives fuck all for you or any peon except to garner your vote by any means possible.
I remember when I could get two double cheeseburgers for 2 dollars. It's just insane that the cheapest option is now not the best. Especially since I doordash since I don't have a car. So it can easily get to 30+
Big Mac price is a major indicator of true cost of living anywhere in the world.
“The Big Mac index is a way of measuring Purchasing Power Parity (PPP) between different countries. By diverting the average national Big Mac prices to U.S. dollars, the same goods can be informally compared.”
if you think so?! 5€ (4,99) in Germany for a single Big Mac. Leave your prices here I guess and lets find out!
@@jonasduell9953 $5.29 for burger only, here south of Tampa, FL.
Im starting to think thats a myth
💩
A big Mac costs almost halve of the daily minimum wage in Mexico
Is the price in USA going the same? 😂
Summer of 2021 they raised McDBL’s to almost $3. It has nothing to do with minimum wage. They saved money all through Covid and still raised prices.
Yep. The biggest contributor to inflation since the start of the pandemic is corporate greed.
Nobody is talking about the dead weight at the top and that includes the shareholders themselves.
What are the shareholders but, entities that temporarily hold fractional shares of ownership in the company? They do absolutely nothing. They should be paid last; not first as Reaganomics prescribes.
Aside from the utilities and operational expenses, pay the workers first. Then the vendors. Then management. Then the bond holders. And lastly, the shareholders and fat cats can take what's left.
You two didn’t seem to watch the whole video, did you? These costs went up at franchise owners, directly correlated to food costs and labor costs. Not big corporations. Individual franchise owners.
@@shaneg9081 I'm sure printing trillions of dollars out of thin air to fund endless wars has NOTHING to do with it.
@@pops55650 I watched it. It is not complete in the information provided. For example, it says the beef has roughly doubled in price, but not why. Did grass suddenly get more expensive, or did the big corporations that own most of the beef industry such as cargill and tyson raise prices just because they could? Well, both of them hit record highs not too long ago. And now, as McDonalds is saying lower income people are priced out of their product, going up the chain to those beef providers we can see they aren't hitting record highs now, because their greed has priced too many people out. Just google "corporate greed inflation" and see the results. McDonalds may not have directly caused these price increases, but they are not the only corporations involved in this matter. They don't control the food supply from field to table, they are just the one that puts their name above the doors. They don't have to have been especially greedy for corporate greed to be the reason the prices have increased so much.
Funnily enough. I stopped going to McDonald's starting almost 4 years ago because the prices are just unreasonably high AND most of the times my ordered came incorrectly. Never again.
Why would you eat such low grade food tho? Glad u dont go anymore
I haven’t been for more than a decade because their food is nasty.
I admit I like the French fries but I still don’t go there. They jacked the prices up to high.
I quit in the nineties because it is very bad for you.
I have taken lunch to work for more than 25 years. Better quality, get exactly what you want. There's no downside.
McDonald’s has considered itself a real estate company for decades. This is nothing new.
taxes cost 1,000 more hambugers a month
My friend was a franchisee owner with McDonald's it's not like you think it is he pays advertising fees on everything on everything but when he got out of it he was no longer a franchisee he still owns the building and he sold that to Oberweis milk company company which sold their own milk and ice cream so McDonald's doesn't own the building McDonald's doesn't own the building they just get advertising fees fees
Not only more expensive, BUT also smaller.
As a working man I can only afford $5.00 for lunch . I've been bagging it for twenty years now . And saved 50 k by doing exactly that .
Peanut butter jelly sandwich ? 😂
Oh dude if you went Starbucks everyday you be broke. Young people do it, why not buy a jar of coffee, for 1 cup you can get 2 jars of coffee which is 40 cups of coffee lol
@@undesignated3491 young people live in expensive NYC . How can they afford it? Pay 90% of their salary to rent?!
I would keep a loaf of bread in my truck .Every morning stop at White Hen Coffee and $.99 8oz Bologna DONE..
That's a lot of money saved from one small budget change. Your retirement fund must look pretty nice...
Stopped eating McDonald's over a decade ago.
Same. Burgers are crap, fries suck and the nuggets are the same as everyone else's.
I really can't emphasize how bad the burgers have gotten, and the last one I had was years ago, because there was nothing else.
@sigurther8476 the food has a nasty smell as well.
Beat me by nine years I’m slow
Someone say McDonald’s?
I never eat at McDonalds. The food is cheap, its expensive and the service stinks!
I haven't been to McDonald's in years,but made a pit stop in Connecticut got a big mack meal, and the counter person says $18+ , I was like " are you sure that is correct"?! I wasn't prepared for that, at that price point there are much better options
CT is a blue state. You can expect to pay more. Bernie wants to give “free” everything. Except for food and energy. They should give free food and energy and charge double for everything else. Sounds crazy doesn’t it ?
I don’t typically go to Mcdonalds. I went there once after almost a decade to get a chicken sandwich meal. I was charged a little north of $19 including taxes. I was completely stunned at that price. I could have gone to any other place and still have paid less. $19 for mcdonalds is absolutely wild! I remember it being a hell of a lot cheaper.
Did you all not look at the prices before buying? Who's fault is that?
Good gravy that's outrageous! For this price, one can purchase all fresh ingredients to make hamburgers for the whole family and eat at home. Takes just a few minutes, tastes MUCH better and not loaded with god only knows what kind of toxic additives McD's pump to get people addicted to their brand.
@@jovalleauit's your fault for being dumb
Wont hurt my feelings to stop over paying for a frozen patty and an order all messed up, EVERY time. Thank you McDonalds for helping me make my decision EASY.
You'll be so much healthier by NOT eating fast food. It's a gift.
@@skippylippy547 excalty
It was like dropping Bud Light. Nothing lost, easy to switch.
Mcdonald's is bad for your Health plain & simple so the fact that is is over priced is a blessing in disguise, maybe now people will stop and start feeding themselves with actual healthy foods it's a win, win when you think about it.
One thing this depression has taught me is to cook. I always thought it was too difficult. I found out it is really pretty easy and a whole heck of a lot cheaper.
Exactly, I can make a burger and frozen fries meal in less time than it would take me to go out or door dash. Heck, it's better tasting and cheaper too.
Totally. Also, making big batches and freezing meals is very economical.
better quality cheaper healthier no corners cut less salt better oil ? fresher.
Ohh im very happy to hear that.
No shit Sherlock🙄🙄
all the combo meals at south windsor MCdonalds in Connecticut on route 5 are 13.00 to 17.99
wife and i make almost 200,000 in the midwest (low cost of living) and we stopped eating at any fast food place or eating out period. we would rather spend our money on experiences and not food due to cost increase in every aspect of life and i have dropped so much weight and couldn’t be happier.
awesome
@@Braddeman please go into detail how you did this!!!! Would love to try this!!!
@Braddeman sorry added 2 @ instead of 1
Respect.
One thing that should be pointed out is, McDonald is their own distribution company that makes a profit from the mark up on the food and paper products the franchisees MUST buy all their products from. There is no “shopping around “ for better prices from other distributors.
Yeah McDonald's corporate literally milks their franchises like cows
Its strikingly similar to how Nintendo operated back in the days of cartridges with the 3rd party developers and the chips that went into cartridges.
Your post is true, but McDonald's also profits heavily from leasing the land under the restaurants back to the franchise owner. They leave little room for profits, without cutting food quality (which they have obviously done).
@Duke_of_Prunes You have offered no new information. This is already stated in the video.
Everything comes from their own internal business it's crazy like EVERYTHING 😂😂 they are so selfish deserve it all ‼️‼️ worked at McDonald's in high school for about 6 months and was like ya never again they treat their employees terrible AF
Chick filet and in & out will thrive
I went to In-N-Out the last time I had fast food and my meal was under 10 bucks ...
Always heard McDonalds was in the real estate business, but no explanation was ever provided until now. Thank you for this excellent video that clearly explains why. 👏🏽
This is definitely the best and probably the only explanation about mcdonalds and owning realestate and how/why they sell hamburgers.
Check out the movie "The Founder"...it's about who started McDonalds and it explains it in movie form
Check out food theory. They go over it rather well
And one of the most successful ones, I have heard their land hildings rival only that of the Vatican.
This is why you find MacDonalds in places that you don't find other fast food restaurants, especially in pricey real estate areas. The food just pays to hold the real estate.
Watch the movie “Founder” starring Michael Keaton. It will shed some light on how the McDonald’s Corporation came to be under Ray Kroc and Harry Sonneborn
I Pray McDonald’s changes their ways. They have left their core customers behind and completely lost their way. I worked at McDonald’s from 1988-1992. (High school) they were Quick and cheap and constant. Now their None of that.
The menus is Stale the Service is abysmal.
Grew up in the 90's. I lived off that menu. Crazy part is the size and quality was better too. I stopped back when it hit like $8 bucks for a big mac meal. $12 is just obscene.
Same with Pizza Hut. Used to be delicious in the 90s
How's your blood pressure?
You guys should have been there in the late 70's early 80's. It was a treat going out for fast food then and the experience was really great too. The food tasted great and was prepared properly. Things were clean and orderly and the employees were friendly and efficient. The whole world was a much better place back then.
@@DUCKSAREEVILLLLLLLL Not bad at all. And I'm even still skinny.
Even if you use the app, it doesn’t really save you much.
Absolute trash food anyway. This is just an example of corporate greed at it again!
Problem is consumers still EAT IT,what we used to call “Junk Food “actually means junk food,absolutely not for human consumption,causing heart disease,diabetes,cancer and obesity
A year or two ago, was to be able to get a cheeseburger, small fry, and medium drink for about $3.50. Went there the other day and the same meal cost over $7.00. I won’t return…
Exactly I remember being able to get a medium drink a medium big Mac meal for like four or five bucks and now it’s gone up so high that I don’t even want to stop at McDonald’s anymore. Maybe it will be the exodus that everybody needs from McDonald’s maybe everybody will stop and they will just crumble
2 mcchickens and a large fry (not buying a drink I have water at home) 3.81$ people complain because they won't download an app and use coupons SMH.
@@Ryes2014 so they didn’t have a cheeseburger, fries, and a coke at your restaurant? Outrageous!!!
uhm they do but coke is loaded with sugar water is better, Literally stated I got a fry, and you can get a cheeseburger with the same deal but its 30 cents more. I just dont like how mcdonalds burgers taste so I stick with chicken. @@jeevespreston
Well a hamburger, large fries and drink is about 20 dollars at Five guy's