McDonalds was just trying to get ahead of what they thought was an inevitable wage increase so they had an excuse to price hike.
Damn, you let people live like this? -Ronald
Macca’s like other modern corporations raises the prices to “what the market will support” in order to maximise profit.
They raise the price until sales drop, then back off a bit. It’s about exploiting people’s desire for macca’s fast food to the greatest extent possible.
In any large city only idiots and tourists buy McDonalds now with any regularity.
Like, it’s like once or twice A year at most, otherwise there are way, way better options for the same price point all around.
McDonald’s is fast. That’s all they have going for them and the only reason I ever go. When I only have 3 minutes to pull over and have hot food put in the car.
Their Happy Meal, and I hate them for this, is wonderful on a roadtrip with kids. Box for food, then it’s a box for the trash, and the kids get a stupid toy to play with for a few hours that they think is wonderful because “new”.
That was always the plan. Remember, everything they said about Socialism came true under Capitalism.
Not even considering how wrong price gouging is, is the tweet a bad rephrase of something mc Donald’s announced?
Based on the tweet alone:
Mc Donald’s said: “Wage raises cause price increases. But not all price increases are caused by wage raises”.
Everyone heard: “If there’s a price increase, it can only be due to wage increases”
I’m all for boycotting mc Donald’s, but if we’re going to call them out, let’s call them out on something that can’t be rebutted with basic reading comprehension skills.
Now, let the downvotes begin!
Okay but the majority of US states have raised their minimum wage in the last 2 years. Fuck McDonalds and their garbage tier food for passing those costs (and others) to customers. But the argument this is making makes no sense.
I don’t know if this is the same in much of the world. But McDonalds burger patties in South Africa started with the global recipe where the patty is mostly soy bean with some beef products, to fully beef with no soy.
They did this because in South Africa, we don’t have massive subsidies on soy and we have lots of cheap grazing land for beef, so beef is a lot cheaper here than soy bean.
Instead of dropping the price, they increased the price, saying that they now have a “100%” beef patty. At least it tastes much better than the soy plastic patty.
Remember these corporations will compromise on anything to make more profit.
More like “remember when the USA tripled their money supply and sent it all to foreign countries”?
What does this have to do with your failed worldview? Do you know what it takes to recover from a pandemic? Money is the root of evil, but don’t think it’s not a tool used by heroes.
“Love of money is a root of all kinds of evil” is the passage you’re misquoting. Money is just a tool, neither good nor evil in itself.
Wrong on both counts honestly. Why assume religion or misrepresent money as a tool? A hammer can build or destroy, but money was always just a convenient way to control population, the level of nefariousness only varies based upon morals of those who have the most pieces of paper and of course the printers of said paper. I don’t really understand why this became religious either, I hardly believe in myself on most occasions. Is there a real point in worrying about having enough money when the game is so rigged you could have it all or lose it all just depending upon the actions of less than 1% of the world population? Money will not help us get these people to help solve the worlds problems, in fact I would say that imbalance has probably caused the stretching of an already flawed system. Be safe and responsible, I need rest.
“wrong on both counts”: I’m really not. https://www.biblegateway.com/passage/?search=1 Timothy 6:10&version=NIV for the “love of money” quote, which is word-for-word identical.
And there’s nothing about population control here: https://en.wikipedia.org/wiki/Money “The primary functions which distinguish money are: medium of exchange, a unit of account, a store of value and sometimes, a standard of deferred payment.” Control of that top 1% works better in some countries than others: some have virtually unregulated capitalism but others keep it on a tight leash not letting it go too far; ain’t no Europeans fighting for a US-style healthcare system, for example.
That is how it always goes.
Everyone kind of just ignores that runaway inflation is happening anyway and votes Democrat and Republican again.
There has not been any inflation that justifies a x2 increase in price
Inflation. Price gouging. Under capitalism its a distinction without a difference.
I don’t get the price thing. I can buy two bigmacs or two quarter pounders for just over $6. The minimum wage here is more than $14 an hour. It’s really not that drastic of a price.
Please tell me where you are getting 2 Big Macs for less than 7 dollars?
It’s 5.29 here. Bogo using the app. You can pick either or a 10 piece nugget. I live in the Nashville, Tennessee area
Note: this doesn’t include tax, so throw in another 53 cents
They ask a question, I answer, they downvote. What failures of communication
Is this exaggeration or did they actually do this?
I think that in the past they have lobbied against minimum wage increases but they pulled their lobbying for it in 2019 and have changed directions. Not that McD’s is like a bastion for workers rights or anything, but just looked it up and that’s what I found.
https://jacobin.com/2021/04/mcdonalds-anti-minimum-wage-restaurant-workers-tips
While true, you have to remember their supply costs increased too, huge knockoff effects.
McDonald’s is a public company you can see all the data yourself. Basically they did as well in 2023 as they did in 2019 from an operating income percentage. Meaning taking into account all sales and stuff (revenue) and subtracting all expenses like the cost of food, wages, taxes, real estate, whatever (expenses) the remaining bit is profit. And that value is the same per dollar earned as 2019. It’s less than many years prior too.
Which means they corrected properly for the economic climate they’re in.
