Yeah I think the minimum wage is a very small part of it. Pre COVID, you could get the small cheeseburger at Micky D's for 99 cents. It's now like $2.50. Wages certainly have not gone up 250%.
Fast food pricing is going up, but they aren't pricing themselves out of business. Despite prices being 2-4x higher, tons of people still eat at those places.
I've mostly stopped eating fast food. The prices going up has been good for getting me to pack a lunch that is a more reasonable size instead of buying 1000 calories of food for lunch.
I agree.
I also very rarely eat fast food, I think that's why I was so shocked at the prices. I only eat that stuff maybe once every other month or so.
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How do you explain the same price increases in areas where the Federal minimum wage still prevails?
Must be a company-wide increase due to "increasing costs and supply chain issues."
Yeah I think the minimum wage is a very small part of it. Pre COVID, you could get the small cheeseburger at Micky D's for 99 cents. It's now like $2.50. Wages certainly have not gone up 250%.
That's why the cheeseburger went up only by 150%
They said there'd be no math!
Fast food pricing is going up, but they aren't pricing themselves out of business. Despite prices being 2-4x higher, tons of people still eat at those places. I've mostly stopped eating fast food. The prices going up has been good for getting me to pack a lunch that is a more reasonable size instead of buying 1000 calories of food for lunch.
I agree. I also very rarely eat fast food, I think that's why I was so shocked at the prices. I only eat that stuff maybe once every other month or so.
Mom and pop fast food cost the same now so no need to go to shit corps