THREAD: Subway used to have $5 footlongs, now it’s “$6, six inches”. The McChicken used to be $1, now it's almost $3. Taco Bell’s Beefy 5-layer burrito was $0.89 in 2009, now it’s $3.69. Fast food companies want to blame inflation or the minimum wage going up. It’s all a lie.
2. From 2014 to 2024, inflation rose 31%. Only 30 states have a minimum wage above the federal minimum of $7.25 an hour, which hasn’t changed since 2009. In that time the biggest fast food chains raised prices much, much faster than inflation.
@MorePerfectUS This is a non sequiter how does the conclusion follow from the facts?
Assuming these data are accurate, then the reason is regulation, not greed.
@MorePerfectUS They all raised prices because their costs went up. They compete against each other for the customer! Lower prices means more customers.
@MorePerfectUS It's not inflation for the most part. It is corporate greed, and during this time employee wages have gone up very little. I will not go patronize these places.