“Even though we’re pushing through pricing, the consumer is tolerating it well,” he said in October analyst call.
normal way to talk about ‘fellow’ human beings
“Even though we’re pushing through pricing, the consumer is tolerating it well,” he said in October analyst call.
normal way to talk about ‘fellow’ human beings
I worked for McDs in high school, around 2008. Big Mac meal used to be $6.08 with tax, $1 menu used to be $1.06 with tax. I went the other day and was shocked to see how much everything costs now plus I have to order via a screen (which I find bizarre, but maybe I’m just old now).
I also feel like working there used to be kind of fun. I’d take the order from the drive thru/take the money, kitchen would secretly prioritize drive thru orders (everything is timed), and window person would get the order together. Now it seems like they take 1 or 2 drive thru orders at a time and make the line wait until those are done.
Seems like fewer people working & prices went up - and I’m sure those poor folks working are making minimum wage. It’s just sad all around.
The cool part is I started working there just after you! I started around 2013 and worked there until about 2016 and it was STILL about maybe $7 or $8 for a meal, and the dollar menu was still $1.06
This shit happened during covid and they’re literally only doing it because they can. There have been reports that the current inflation isn’t driven by the state of the economy at all, but just corporate greed.
Don’t waste your time and money guys, you can get food cheaper at the mom and pop restaurants now, and that food is usually at least half decent. When it’s the same price to eat at McDonald’s or a “healthier” place like tropical smoothie or Chipotle, why the fuck would I want to pay for ultra processed sludge
Yes, exactly. Maybe I just take the amazing variety of local food choices near me for granted, but it just makes no sense to me anymore.
The only fast food I still get sometimes is Taco Bell. Not if I’m in the mood for Mexican, I’ve got a half dozen better places near me for that. Taco Bell is its own genre of food separate from Mexican and Tex-Mex.
Corporate greed definitely exists, but printing $15 Trillion also has an effect.
I’m no financial analyst and im no good at all of the legal jargon, but aren’t the notes below this chart explaining they changed how they calculate this right around may 2020?
Like I said, I’m illiterate when it comes to the technical side of this stuff, so I just googled and from what I’m gathering from this article below, the fed changed the rules for what defines a savings account so they’re almost the same as checking, and that caused them both to get reported in M1 and that’s the majority of that surge of cash.
Feel free to correct me with better evidence, like I said again, I’m just trying to understand the legal wording here:
https://collabfund.com/blog/the-fed-isnt-printing-as-much-money-as-you-think/
True. If we stick to the older definition of M1 then it increases only by 125%. From 4 to 9bn
If we look at M2 which includes M1 then we still see the massive recent increase in the money supply.
I hear people talk like this, but I don’t think it is actually true. Sure, fast food use to be half of a smaller joint, but now you are only paying 20-30% less at the fast food places. That ignores the fact that a lot of the cheap food is on the apps now. My Mcdonalds has had buy one get one Big Macs for about 2 years now. Even if I get that and a fry, I am looking at a $8 bill as opposed to a local joint that is going to charge $9 for their basic burger, no fries.
This doesn’t even take into account the speed of the fast food places, which is much slower than it use to be, but still the fastest places in town. So yes, the days of a late night snack run to Taco Bell are over, but the restaurants still have a purpose. The purpose is for when you need some food right now, and not for a huge price.
Fucking knew it! Thanks for confirming
Well metrics are collected for both dining and drivethru but dive thru was always pushed hard as the thing to maintain timing wise. That’s when we figured out the smile button. A no charge but very abusable button that would count as an order. Ring a smile and wait 10sec and clear it. Ring one every 3 orders to be sly to corporate… When your having wait time issues and you could clear them and have them count even before clearimg the order before it. Easy way to knock the occasional 5 to 10 minute order down that skewed my hours metrics.
That’s pretty funny, was ordering a smile actually a thing? What happens?
I think the idea was to add it as an additional argument on the order when when inputting an order as an ask me button or potentially just as a cheeky little Easter egg but it would ring up as no dollar charge nothing more really. But tracking was on individual orders and since you could ring a smile and summit it as a order "pay for it " $ 0.00. And then wait 10 to 20 seconds and you could dismiss the order as fulfilled. Each hand off station in the store has a set of screens that show what the order is and what’s coming next for a couple of orders. You can dissmis orders out of order buy using a keypad. So a small coffee order can be dismissed while leaving the 15 filet of fish order up as a reminder. Any time you would see a order for a smile. You would hunt that order down as soon as you saw it and dismiss it. It became a huge joke about how many smiles per hour were being done during district meetings. Can’t imagine corporate ones.
so you order on a touch screen that has been used by every nosepickin’ customer before you and then chow down on food you eat with your hands? Sounds delicious.
In high school (~1995) I used to work in light construction/carpentry, and I was ravenous on a normal day, so work days I would eat huge amounts - on payday I would go to McDonald’s and order a Big Mac meal and a happy meal – both for me. (It probably would’ve been more cost effective to buy two adult meals, but the first time I did it the cute girl at the register said something about how I seemed like a nice dad … I should’ve just asked her out, rather than keeping up a bizarre charade for no reason – I was tan and fit from working outside all the time, I should’ve had more confidence, but I was also undiagnosed autistic too, so, well, that kind of explains that.)
Anyway, the Big Mac meal was $2.99 united states dollerydoos, and I was making $7/hr. The price doubled in the 10 years between us… but wages stayed about the same.
It’s truly scary how minimum wage hasn’t changed
Well yeah, how else will they post profits every quarter until the end of time?