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McDonalds Economic Stalling
Tonepoet
Honestly? Can be doesn't mean "is", particularly with regard to prices coming back down. The hiked prices we are currently paying for food are representative of plague related supply chain difficulties that no longer exist.

Part of Biden's mandate was to end the covid crisis so that things could go back to normal, but instead we were sold on this idea of a new normal and Americans in particular are very dissatisfied with this new normal[www.pbs.org]. This is possibly the reason The Biden/Kamala ticket lost.

It's not the wage or the prices that matters. It's how they work together to form purchasing power. If the corporations were paying the working class man wages that were reflective of this increased inflation, that might be one thing, but I very much suspect they are not.

I suspect all of that extra money is going straight to the pockets of the executives and the investors, and if so, this is a very bad show of faith on their part. I do not mind that there is wealth inequality in the U.S.A., but that stance is conditional. The executives and the investors have to be contributing to a standard of living for the everyday folk that merits their inflated wages. If they're just looking to nickle and dime the American public wherever they can get away with it, whenever they can, like Gold Saucher Midgarians, then screw 'em.

Everybody wants deflation right now. The democrats want it. They passed that inflation reduction act in 2022, so named to get across to the American public that they were fighting the excessive costs. Kamala ran in part on the platform of price rigging the groceries, (although there was little confidence in her plan, and no reason the Biden administration could not have implemented it while she was on the campaign trail). Vance had his egg price stint about the cost of groceries. Trump is bragging about how prices are coming back down, even though for the most-part they don't seem to be.

Fast food isn't always a luxury either. Truckers who have scant to no kitchen accomodations in their big rigs sometimes go through drivethroughs (if they can fit) and there's usually some sort of fast food establishment at a truck stop. Hopefully this could also have a knock-on effect on the price of ground beef.

If we hear of layoffs or wage cuts of crewmembers, then maybe I can sympathize with the notion that prices shouldn't come back down. If it's just coming out of the pockets of investors or execs though, then I think McDonalds is doing the right thing.

Also possibly the very much necessary thing. McDonalds ain't a charity, y'know. They're not doing this out of the goodness of their own heart. Nobody beats supply and demand for McDonalds is down[www.nbcnews.com] If they really are lowering prices (and I haven't checked), it's likely in a bid to ensure that they're still getting a steady stream of customers. No customers, no profit, and the whole house of cards collapses.

I don't think moping about deflation is warranted at this point in time, and especially not at McDonalds of all places. We don't need more investments in McDonalds locations, really. There are too many of 'em in the world as it stands. Plus out of all of the fast food establishments, they are possibly the worst brand, rivaled in this regard perhaps only by K.F.C.

'sides, if you don't like it, there are plenty of other burger establishments you can eat at, or you can even make your own using your own high priced ground beef.

It's not hard to make a hamburger truth be told. You hand pat a third of a pound puck and cook it for three or four minutes on each side and proceed to make a sandwich with it. That's pretty much it.
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