McDonald's raised its prices by 25%

[Squisher]

Originally posted by: Casawi

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.

Unemployment is what, 7.9% now?

 

[So]

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.

WTF are you talking about? Inflation is down, unemployment is down, the housing market may not have bottomed out, but it's not in free fall and the sub-prime crisis seems to have peaked. Stop with the fear mongering, the dollar being weak is GOOD for the economy, because it increases exports. The only thing "wrong" with the economy is that your cheap swedish crap furniture from ikea costs a little more.

:|

 

[Tweak155]

You find that one McD's price doesn't match another's. They are for the most part privately owned.

 

[Wreckem]

Originally posted by: Tweak155
You find that one McD's price doesn't match another's. They are for the most part privately owned.

IIRC about 40% of Corporate owned and runned. 60% are franchises. That said McDonalds Inc owns 100% of the stores, the 60% frachises leases the stores from corprate.

 

[purbeast0]

hmm..

i did notice at Chipotle the soda prices went up. They used to be $1.25/$1.50.

now they are $1.39/$1.69.

and mcdonalds owns chipotle.

 

[MikeyIs4Dcats]

Originally posted by: purbeast0
hmm..

i did notice at Chipotle the soda prices went up. They used to be $1.25/$1.50.

now they are $1.39/$1.69.

and mcdonalds owns chipotle.

no, they don't.

soda prices are rising because of the corn situation.

 

[pontifex]

I stop about once a week for breakfast. I always order the same exact thing. Almost every time I go the price is different.

I don't understand how it changes all the time.

 

[RichUK]

OH NOES!!!

IT'S A CATASTROPHE!!

 

[aldamon]

Does anyone know if the Jr Bacon Cheeseburger at Wendy's shrank? I got one last night and it was tiny and in a generic "hamburger" wrapper.

Someone else noticed this, too:

http://feedthehabit.wordpress....lew-out-my-flip-flops/

 

[Nyati13]

Originally posted by: DivideBYZero

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.

The official inflation numbers do not include the changing costs of energy utilities, gasoline, or food. In other words, it's a useless number that does not measure the impact of rising costs on regular people.

 

[intogamer]

Obviously, the economy is calculated by how much food you can buy on the Dollar Menu.

 

[clamum]

Just passing by to say I love McDonald's.

 

[0roo0roo]

Originally posted by: intogamer
Obviously, the economy is calculated by how much food you can buy on the Dollar Menu.

its called the bigmac index! http://www.economist.com/markets/Bigmac/Index.cfm

 

[Kelemvor]

I only order off the $1 menu so I never notice. But a while back they switch from medium to small fries on the $1 menu so I just don't order fries any more.

My normal lunch there is a Dbl cheeseburger with no onion and a cup for water. $1.05 and I'm done. I wish they'd put the McNuggets back on the $1 menu as that was great.

 

[intogamer]

Originally posted by: 0roo0roo

Originally posted by: intogamer
Obviously, the economy is calculated by how much food you can buy on the Dollar Menu.

its called the bigmac index! http://www.economist.com/markets/Bigmac/Index.cfm

Short-Sell some Double Cheeseburgers?

 

[DivideBYZero]

Originally posted by: Nyati13

Originally posted by: DivideBYZero

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.

The official inflation numbers do not include the changing costs of energy utilities, gasoline, or food. In other words, it's a useless number that does not measure the impact of rising costs on regular people.

Yes they bloody do.

in·fla·tion (n.)

A persistent increase in the level of consumer prices or a persistent decline in the purchasing power of money, caused by an increase in available currency and credit beyond the proportion of available goods and services.

 

[ponyo]

Originally posted by: aldamon
Does anyone know if the Jr Bacon Cheeseburger at Wendy's shrank? I got one last night and it was tiny and in a generic "hamburger" wrapper.

Someone else noticed this, too:

http://feedthehabit.wordpress....lew-out-my-flip-flops/

Wendy's burgers and sandwiches shrank in size. Single, double, and spicy chicken sandwiches are smaller. I guess they made it smaller instead of raising the price.

 

[bctbct]

Originally posted by: DivideBYZero


The official inflation numbers do not include the changing costs of energy utilities, gasoline, or food. In other words, it's a useless number that does not measure the impact of rising costs on regular people.

Yes they bloody do.

in·fla·tion (n.)

A persistent increase in the level of consumer prices or a persistent decline in the purchasing power of money, caused by an increase in available currency and credit beyond the proportion of available goods and services.

[/quote]

The US stopped using the Consumer Price index in 2000 and switched to the CORE Inflation Rate.

Core does not include food, fuel etc. Its a way to fudge the numbers and increase consumer confidence, right before they pull the rug out.

We have also changed the policy on how we calculate unemployment. Once you have exhausted your unemployment insurance, if you dont have a job you are still not counted as unemployed.

 

[Itchrelief]

I don't think you can really use a general dictionary definition to really support a case when you're getting as nitty gritty as discussing the various ways of calculating inflation.

 

[TwiceOver]

So is this confirmed anywhere?

Not to get back on topic or anything.

 

[Pepsi90919]

perhaps they should have an LED sign out front akin to a gas station

 

[novasatori]

next they will offer forward contracts for big macs

 

[villageidiot111]

Didn't minimum wage just go up slightly? That might account for some of it.

 

[IGBT]

..market pricing. what ever the belly will bare.

 

[mooglemania85]

Originally posted by: Casawi

Originally posted by: RagingBITCH

Originally posted by: Casawi

Originally posted by: DivideBYZero
So it went from really cheap to just cheap? OMFG! HEYALP!!

You are missing the point.

They don't have a right to increase their revenue?

You are putting words in my mouth RagingBITCH.

thanks god that's the only thing he's putting in there