Corporate America may be bumping up against the limit of its power to keep raising prices as consumers in some markets cry uncle.

“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

  • jeremyparker@programming.dev
    10·
    10 months ago

    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.