McDonald's raised its prices by 25%

Casawi

Platinum Member
Oct 31, 2004
2,366
1
0
I went to McDonalds this morning for a coffee and the price didn't sound right, I check out their menu and everything is 25% more than it was last week.

Same thing happening else where, or just here in Michigan.
 

Injury

Lifer
Jul 19, 2004
13,066
2
81
The price of a fat ass is going up, eh?


Probably has something to do with the economy sucking, the value of the dollar sucking, and McDonald's getting a lot of their products from foreign countries.
 

Casawi

Platinum Member
Oct 31, 2004
2,366
1
0
Originally posted by: Injury
The price of a fat ass is going up, eh?


Probably has something to do with the economy sucking, the value of the dollar sucking, and McDonald's getting a lot of their products from foreign countries.

Yeah that is what I was thinking too. Damn the economy is sucking real bad, my salary is not worth as much is my only concern right now :(
 

Zenmervolt

Elite member
Oct 22, 2000
24,514
36
91
Originally posted by: Casawi
Damn the economy is sucking real bad, my salary is not worth as much is my only concern right now :(

I laugh every time I see someone make a comment like this these days. The economy is not "sucking real bad" [sic], it's simply not growing as fast as it once was. The economy was in bad shape in the early 1980's, but it really hasn't had a strongly negative period since then. Even when the bubble burst in 2000 it wasn't really a case of the economy flatlining, rather it was a natural correction. The unemployment rate is holding steady around 4.5%, which is on the happy side of the overall average since 1948 (the first year for which I was able to find data).

Just because we're no longer on an artificially steep (and, consequently, non-sustainable) growth curve doesn't mean that we're in a state of decline.

ZV
 

waggy

No Lifer
Dec 14, 2000
68,143
10
81
hmm a 25% jump is huge.

it was that dumb lawsuit where the girl did what the guy on the phone said.

they have to pay for stupid employees.
 

Casawi

Platinum Member
Oct 31, 2004
2,366
1
0
Originally posted by: Zenmervolt
Originally posted by: Casawi
Damn the economy is sucking real bad, my salary is not worth as much is my only concern right now :(

I laugh every time I see someone make a comment like this these days. The economy is not "sucking real bad" [sic], it's simply not growing as fast as it once was. The economy was in bad shape in the early 1980's, but it really hasn't had a strongly negative period since then. Even when the bubble burst in 2000 it wasn't really a case of the economy flatlining, rather it was a natural correction. The unemployment rate is holding steady around 4.5%, which is on the happy side of the overall average since 1948 (the first year for which I was able to find data).

Just because we're no longer on an artificially steep (and, consequently, non-sustainable) growth curve doesn't mean that we're in a state of decline.

ZV

You might be right but like I said my only concern was my salary isn't worth as much, which is true. My salary s worth to me is how much the dollar is worth. That is why I made that comment.
 

Squisher

Lifer
Aug 17, 2000
21,204
66
91
Originally posted by: Zenmervolt
Originally posted by: Casawi
Damn the economy is sucking real bad, my salary is not worth as much is my only concern right now :(

I laugh every time I see someone make a comment like this these days. The economy is not "sucking real bad" [sic], it's simply not growing as fast as it once was. The economy was in bad shape in the early 1980's, but it really hasn't had a strongly negative period since then. Even when the bubble burst in 2000 it wasn't really a case of the economy flatlining, rather it was a natural correction. The unemployment rate is holding steady around 4.5%, which is on the happy side of the overall average since 1948 (the first year for which I was able to find data).

Just because we're no longer on an artificially steep (and, consequently, non-sustainable) growth curve doesn't mean that we're in a state of decline.

ZV
You have to understand the skewed view people of Michigan have of the economy. Michigan is in a one state recession.



 

DivideBYZero

Lifer
May 18, 2001
24,117
2
0
Originally posted by: Casawi
Originally posted by: Zenmervolt
Originally posted by: Casawi
Damn the economy is sucking real bad, my salary is not worth as much is my only concern right now :(

I laugh every time I see someone make a comment like this these days. The economy is not "sucking real bad" [sic], it's simply not growing as fast as it once was. The economy was in bad shape in the early 1980's, but it really hasn't had a strongly negative period since then. Even when the bubble burst in 2000 it wasn't really a case of the economy flatlining, rather it was a natural correction. The unemployment rate is holding steady around 4.5%, which is on the happy side of the overall average since 1948 (the first year for which I was able to find data).

Just because we're no longer on an artificially steep (and, consequently, non-sustainable) growth curve doesn't mean that we're in a state of decline.

ZV

You might be right but like I said my only concern was my salary isn't worth as much, which is true. My salary s worth to me is how much the dollar is worth. That is why I made that comment.

Bollocks. Inflation has a bigger effect on the $ in your pocket than the exchange rate and that is low. The only effect you'll see is imported goods will be more expensive, and I doubt McD's need to import much.
 

alkemyst

No Lifer
Feb 13, 2001
83,769
19
81
Originally posted by: Zenmervolt
Originally posted by: Casawi
Damn the economy is sucking real bad, my salary is not worth as much is my only concern right now :(

I laugh every time I see someone make a comment like this these days. The economy is not "sucking real bad" [sic], it's simply not growing as fast as it once was. The economy was in bad shape in the early 1980's, but it really hasn't had a strongly negative period since then. Even when the bubble burst in 2000 it wasn't really a case of the economy flatlining, rather it was a natural correction. The unemployment rate is holding steady around 4.5%, which is on the happy side of the overall average since 1948 (the first year for which I was able to find data).

Just because we're no longer on an artificially steep (and, consequently, non-sustainable) growth curve doesn't mean that we're in a state of decline.

ZV

Unfortunately with all this property sitting and going into foreclosure due to values falling and demand being nearly nil...we are all going to feel it over the next few years.

There are tons of people that need to sell their homes due to not being able to afford them now. Problem is is that those homes are worth 20-50% less than they paid for them within the last couple years. Even if they sold they'd still be left holding a bag.

Everything will be going up in price and unemployment will rise. There is going to be another huge home builder layoff around the first of the year as everyone's fiscal year now comes to a close.
 

Casawi

Platinum Member
Oct 31, 2004
2,366
1
0
Originally posted by: Squisher
Originally posted by: Zenmervolt
Originally posted by: Casawi
Damn the economy is sucking real bad, my salary is not worth as much is my only concern right now :(

I laugh every time I see someone make a comment like this these days. The economy is not "sucking real bad" [sic], it's simply not growing as fast as it once was. The economy was in bad shape in the early 1980's, but it really hasn't had a strongly negative period since then. Even when the bubble burst in 2000 it wasn't really a case of the economy flatlining, rather it was a natural correction. The unemployment rate is holding steady around 4.5%, which is on the happy side of the overall average since 1948 (the first year for which I was able to find data).

Just because we're no longer on an artificially steep (and, consequently, non-sustainable) growth curve doesn't mean that we're in a state of decline.

ZV
You have to understand the skewed view people of Michigan have of the economy. Michigan is in a one state recession.

Is Michigan really this bad, I know they have money problems but I don;t know how critical it is.