The price of a McDonald's Quarter Pounder with Cheese meal has more than doubled since 2014, data show.

Kevin Roberts remembers when he could get a bacon cheeseburger, fries and a drink from Five Guys for $10. But that was years ago. When the Virginia high school teacher recently visited the fast-food chain, the food alone without a beverage cost double that amount.

Roberts, 38, now only gets fast food “as a rare treat,” he told CBS MoneyWatch. “Nothing has made me cook at home more than fast-food prices.”

Roberts is hardly alone. Many consumers are expressing frustration at the surge in fast-food prices, which are starting to scare off budget-conscious customers.

A January poll by consulting firm Revenue Management Solutions found that about 25% of people who make under $50,000 were cutting back on fast food, pointing to cost as a concern.

  • UnderpantsWeevil@lemmy.world
    161·
    6 months ago

    what was robbed from them?

    Education sufficient for some serious self-determination and independence of the corporate economy.

    kids don’t live on McDonalds.

    What percentage of children and adolescents consumed fast food on a given day?

    During 2015–2018, 36.3% of children and adolescents aged 2–19 years consumed fast food on a given day (Figure 1). Among children and adolescents, 11.1% obtained less than 25% of their daily calories from fast food, 13.8% obtained 25%–45% of their daily calories from fast food, and 11.4% obtained more than 45% of their daily calories from fast food

    :-/

    If kids live on mcd, it’s because their parents got robbed of a liveable wage and need to overextend themselves.

    Yes. Hence the “Devil’s Bargain”. Economic policy in the US rewards commerce and discourages labor that can’t be attached to some kind of cash value or profit motive. Consequently, parents are forced into the workforce to earn a salary less than their value at home would be worth, because so many of our household subsidies and tax credits are predicated on mandatory work requirements.

    Whether its Liz Warren’s “Two Income Trap” or E. P. Thompson’s “The Making of the English Working Class”, the story of industrialization is one of devaluing labor and commodifying the output, for the purpose of extracting surplus as profit.

    stop shouting at the golden arch decorated skies and saying women belong in the kitchen

    One of the true peculiarities of the misogynist brain is that they believe women are designated as biological “food makers” but have no problem when male chefs consistently collect higher paychecks in the professional workforce.

    This has nothing to do with women “belonging in the kitchen” and everything to do with industrialization of labor denuding the working class of the fruits of that labor. A gender hierarchy only exists to further that institutional theft.

    • 3volver@lemmy.world
      2·
      6 months ago

      You’re doing well writing out the truth, I appreciate your comments.

      This has nothing to do with women “belonging in the kitchen” and everything to do with industrialization of labor denuding the working class of the fruits of that labor.

      I also really like the word “denuding”, first time hearing it.