The thing that gets me, is that since 2018, I can confidently say that my wage has not even nearly tripled… It’s barely even ~40% higher, and I’ve been on a fairly steady upward path, but the fucking McChicken has increased by almost triple.
I could not give fewer shits about the numerical prices. It’s the relative price that annoys me. A trip to McDonald’s (or realistically, anywhere) is that much more of a percentage of my paycheque.
And the icing on this shit-filled cake is that productivity has been on a steady incline the entire time. So we’re doing more work, for the same wages, and prices continue to inflate.
Where is it all going? (Isn’t it obvious)
This dudes reference is literally a capitalist giant bullshit product with completely imaginary prices.
Like, McDumb raising random prices is no clear indication of inflation. Rice, noodles and stuff are
But they said Genocide Joe fixed the economy and we have Jawbs and housing now
Kind of hate posts like this. Yes! Inflation is happening and bad. And yes! The McChicken (and a lot of fast food value options) have soared in price in recent years. But trying to take that and frame it as “look at this… it’s so obvious the government is lying to us and overall inflation is actually over 100%” Is just ignorant nonsense and it tends to play into conspiratorial minds who don’t actually have any experience in economics or data collection.
You can hate the federal government all you want. Really. I totally get it. But they are unfortunately really good at data collection.
Inflation for necessities like food and housing is ridiculous and exceeding 100% over three years.
Inflation for rich luxuries have barely gone up comparatively.
But all the reports are averaged.
So since the rich are doing so fabulous that their numbers make it look like no one is struggling.
Nevermind the fact that 60% of people live paycheck to paycheck.
Can you provide… anything to actually substantiate that? Maybe some food items like fast food value options have gone up 100%. Maybe some homes in particular, extremely high demand areas have gone up.
When you make these gigantic sweeping claims with nothing but vibes and the McChicken to point to it just feels like bad faith
Sorry Sealion, I’m not wasting my life to show you stats you can easily get off of the internet. There are literally 5 very high profile search results that will give you historical food inflation values.
You just want to waste my time because no matter what source I give you, you will find an irrelevant detail that lets you shift the goalposts again and again, and I’ve been through that dance non-figurativley hundreds of times.
The increase in food costs is obvious to literally anyone who does their own grocery shopping. The fact you don’t understand this either means you are being deliberately obstinate, or indeed, do not do your own grocery shopping.
In either case neither types of people deserve a moment more of my time.
I get what you are saying, but think about it like this. If all you ate was McChickens then food inflation for you specifically was almost 300%. So even though “real” inflation was lower, you are still paying 3 times the amount you did before for your food.
See I get that, and that’s absolutely fine. There’s just a gigantic difference between saying “hmm, it seems like inflation for ‘budget’ items used by poorer individuals has gone up at a higher rate than other items, let me see if I can find some info on that” and “nope! The government is lying, actually! I can tell from the vibes.”
One is very solution and truth oriented and the other is impatience that only sets them up to fall for further conspiracy theories and emotional arguement
$1 in January of 2018 has the same buying power as…$1.24 in December of 2023. “The price of everything” did not increased 100%, it increased 24%.
That also sucks, and you don’t have to lie about it to make your point.
https://data.bls.gov/cgi-bin/cpicalc.pl?cost1=1&year1=201801&year2=202312
I’m not sure the original post was referring specifically to the inflation of the dollar but it does highlight a real phenomenon in which large corporations are shrinking their product and their workforce, yet prices increase exponentially. I’m not arguing that McDonald’s sandwich price changes are reflective of the economy either, but as one of the worst offenders on the planet in regards to corporate greed, there’s no question “inflation” only accounts for a small portion of the increase,
Definitely. I really don’t like posts like this, as they really just feed into a false, conspiratorial narrative wherein somehow every single federal agency and employee, no matter how bureaucratic, monitored, and independent - is under the direct control of whoever happens to be the sitting president at the time.
It’s just fundamentally really not how government (or data collection) works, and it reeks of that dangerous “midwit” territory wherein people feel like they can cite one or two examples of the data seeming off or the government being a bit opaque and they think they’re experts on the subject.
You end up creating a society in which people can’t trust/believe basic facts because everyone keeps convincing eachother that only the vibes of a situation matter
In 2018 I’m pretty sure junior chickens were 1.89… they are 3.89 now, that’s double the price.
One fast food chain might have increased the price of one sandwich, that doesn’t mean “the price of everything” has “at least” doubled. The price of everything weighed together has increased 24%. We monitor these things scientifically and consistently across time to get as accurate a number as is possible.
You can’t refute that by extrapolating the price of one sandwich from one chain in one cherry picked time frame.
Tell that to all of us paying upwards of 3X as much for many basic goods, including McChickens.
Do you understand what the overall inflation figure means though? You can’t just say “no, that figure about overall inflation in the economy isn’t true, my double whopper supreme is way more than that!!”
Wasn’t Lemmy supposed to be the somewhat “smarter” Reddit where people had taken a basic stats class at some point in their life? I just really don’t get this thinking.
🤔 Oh, I get it. You’re one of “those types.” The type that’ll find any way to dispute anything that tells us something is wrong.
As if the overall inflation figure and other obscure, arcane bullshit changes the fact that a McChicken tripled in price, which is something that deeply and demonstrably affects ALL of our lives whether we eat fast food or not.
I am currently telling you that, and your response is to shift from a claim of a 100% increase to a 200% increase which just about proves my point.
Then I’ll spell it out for you: your complaint is moot because what actually matters to people is the price listed in this meme, not blatant attempts at distorting what we can clearly see happening in front of our eyes.
We’re suffering hyperinflation and no amount of dishonesty and manipulation from you is going to change that. You want it to not be true? Petition McDonald’s to lower their prices.
