Path: ...!Xl.tags.giganews.com!local-1.nntp.ord.giganews.com!news.giganews.com.POSTED!not-for-mail NNTP-Posting-Date: Sun, 05 May 2024 17:50:56 +0000 Subject: Re: low-income consumers are starting to crack From: danmin@danminart-dot-com.no-spam.invalid (Danart) Newsgroups: misc.news.internet.discuss Mime-Version: 1.0 Content-Type: text/plain; charset=ISO-8859-15 Content-Transfer-Encoding: 8bit User-Agent: newsSync 664810365 References: Message-ID: Date: Sun, 05 May 2024 17:50:56 +0000 Lines: 60 X-Usenet-Provider: http://www.giganews.com X-Trace: sv3-xg7PFduYxebny+PNDIRh1HLpM7CryHPK2ISwUmtcp5WHuYz2iOR1H56D8BLWwZ7AqA9r6VoGY/rKrM5!cQrjcTb6Xzgl7UDPcZzOKmR4Vmm/pWdVsR5DLAl2rtuDHNZSFv7rpIYIA6U0jUx8ECoKyBtdNxsc!vA== X-Complaints-To: abuse@giganews.com X-DMCA-Notifications: http://www.giganews.com/info/dmca.html X-Abuse-and-DMCA-Info: Please be sure to forward a copy of ALL headers X-Abuse-and-DMCA-Info: Otherwise we will be unable to process your complaint properly X-Postfilter: 1.3.40 Bytes: 3483 X-Original-Lines: 1 > JAB wrote: > McDonald's and other big brands warn that low-income consumers are > starting to crack > > Some of America's best-known corporations are saying their consumers > are being pinched by inflation as prices continue rising. > .... > .... > "It is clear that broad-based consumer pressures persist around the > world," McDonald's CEO Chris Kempczinski said on the fast-food chain's > earnings call early Tuesday. "Consumers continue to be even more > discriminating with every dollar that they spend as they faced > elevated prices in their day-to-day spending." > > https://www.cnbc.com/2024/04/30/companies-from-mcdonalds-to-3m-warn-inflation-is-squeezing-consumers.html You have to be desperate to eat fast-food nowadays. even Subway ( which has been found with problems with ingredients ) is not good anymore. Most food made at these places are food substitutes. I will admit one thing. I miss having baconators, strawberry lemonade, and big curly fries. I miss having big Wendies sized Sandwiches. I miss food that is cheap I miss greasy White-Castle burgers. At the same time every cent even from when we were kids could have been put away inside a bank account on every meal we brought. I miss the innocence of a hot-dog, and milk-shake, to sodie-pop, and The reason why people are upset over the food because they know it is not worth that much. Right now a dollar literally equals $5 dollars. That is how bad the inflation is. When your a small business paying $15 an hour for minimum-wage, or even more. You have to install robots over highering employees to avoid health-insurance costs, among other costs. That is insanity. You want to eat fast-food you might as well buy the whole meat ( like in the past ) and slice, dice, separate and pre-make your food. It is not hard to setup to make the same food and drinks in these joints. Maybe your just too lazy or too tired to make that investment. What your paying for at Wendy's is literally for the facility, portability, and actual service so you can go home to your box, or hole in the ground.I mean thinking about it, look at McDonalds nowadays. Computerized to the brim. They even bring the meals to your table like a boss. Makes you feel better then gold nowadays. Rather then standing in line for $@#$#$ This is a response to the post seen at: http://www.jlaforums.com/viewtopic.php?p=664589489#664589489