McDonald's franchisees say an 'inflationary time bomb' will cause price hikes | Hacker News Reader

McDonald's franchisees say an 'inflationary time bomb' will cause price hikes

businessinsider.com

21 pointsCyberRabbi14 comments

Is this their way of saying that people don't want to go back to starvation wages and managed to find better jobs post COVID after being laid off?

This is basically McDonalds - "We laid our employees off during an economic disaster, now they won't come back without better pay :'("

Every labor shortage = employers not paying enough.

Inflation my ass

Chipotle is hiring 20k employees and is prepared to offer them $15/hr, as other retail establishments who have followed along (Amazon, Target). Of course this is going to squeeze businesses offering low wage, grueling jobs. It’s about framing, attempting to cast those who can make more on unemployment as lazy. Someone who has something someone else wants (labor) that is in tight supply, and intelligently prices it isn’t lazy; they’re savvy. This is market price discovery, with sour grapes from a buyer who previously was able to obtain a better price from the seller.

House prices went up 10.8% last year. Car prices also increased 10% in the last year. Grocery prices also increased. Hopefully it is temporary, but then again, they might have a point.

https://www.fhfa.gov/mobile/Pages/public-affairs-detail.aspx... https://www.cnet.com/roadshow/news/used-car-prices-jump-10-t... https://www.msn.com/en-us/money/careersandeducation/whats-be...

House and auto prices are up because demand is historically high. Same thing happening with travel trailers, chips, gas, and remodeling supplies. It's all people doing stuff to avoid COVID. Even groceries, since most people aren't going to restaurants and packaging for retail vs commercial foodstuffs is very different.

True inflation the value of the dollar vs other currencies would drop, and it hasn't. The demand for this stuff and price increases and shortages are worldwide.

Worldwide price increases are a shortage, not inflation. Inflation is just the messaging from dishonest right wing news trying to cast a bad light on the historic economic recovery under Biden and hoping people won't do their own research.

>True inflation the value of the dollar vs other currencies would drop, and it hasn't.

The dollar index has dropped about 10% since 2020.

I can't think of any reason to worry about McDonalds food becoming less cheap. Let it compete with healthier alternatives on the basis of its total market-driven cost.

Says the software developer making 100K+ a year. I have been poor before. I didn't need healthy. I needed cheap so I could work on other parts of my life.

McDonald’s hasn’t been cheap in a while. Even doing their cheapest hamburger at .99 cents for 250 calories that’s still about 8 dollars for a full days calories with little nutrition. You can get pasta and sauce or pasta and butter for nearly half that price for the same number of calories and better nutrition as long as you can boil water. Rice and beans is even cheaper

Black beans

Oatmeal

Frozen vegetables

Peas

Peanut butter

Eggs

Brown Rice

You don't have to be wealthy to eat well. Just don't shop at Whole Foods and other foolish places. Also learn to enjoy cooking. You'd be surprised how much you'll save.

Says somebody with time to cook. And probably a fulfilling job. Spend a double shift being yelled at while making change for rude people, then imagine how appealing shopping for all those things, then spending another hour preparing them, then 5 minutes eating, then another half hour cleaning up. What joy!

>Spend a double shift being yelled at

Find a job where you're not yelled at. Do you work double shifts every day? You can try meal prep.

>how appealing shopping for all those things

Frozen vegetables? Uhh Oatmeal? Wh-Where??

>then spending another hour preparing them

I have a feeling you have little experience in cooking. Microwave black beans in a bowl and put salsa on top. Tada, 1 minute! Scrambled eggs with spinach, 5 minutes.

With your defeatist attitude, life sounds like one big chore.

I cook daily, Italian and German and American Southwest. I'm upper middle class. I live out in the country. I grow my own ingredients.

But I have some empathy, for people who don't have the leisure I have. For instance, I have sympathy for folks who want hot prepared complex food without spending the hour to make it. Nobody imitates a Big Mac or fried chicken sandwich in seconds. Eating oatmeal at home after a hard day is very far from my idea of a good life.

>Nobody imitates a Big Mac or fried chicken sandwich in seconds

And nobody should dare try. That's toxic crap that'll make you depressed, tired, and unhealthy. Please don't tell me how difficult it is to ball up some ground beef and flick it on a stove top.

Oatmeal is just a grain. https://www.loveandotherspices.com/5-savory-oatmeal-recipes/

Ah! So that's why you don't like hamburgers - no idea whatsoever, what it takes to cook it right. And dress it. And the right bread.

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