Inflation Finally Hits McDonald’s
Standard economics with inflation had finally hit the fast food mogul McDonald’s.
Higher wages and the rising cost of meat among other things have caused McDonald’s price hike. These increases in prices could be pushing eaters away from the unhealthy burger chain and toward the somewhat unhealthy fast casual restaurants like Denny’s and Chili’s.
The “Dollar Menu” is becoming more of the Couple of Dollars Menu as it now includes items that cost more than $1. Personally, I am okay with this because any patty of meat that costs less than the change found between my couch cushions raises several red flags.
United States McDonald’s sales fell 2.8% in the month of August alone according to a report from IBISWorld Inc. This comes while casual-dining chains like Chili’s are advertising cheap lunches for under $10. The competition has gotten as stiff as a McDonald’s stale bun. McDonald’s might have to trade in its golden arches for bronze.
I have to agree with the statistics. I try to stay away from fast food, especially McDonalds, by any means necessary. No amount of money is worth the gut-wrenching stomachache or the excessively long trip to the bathroom that ensues shortly after scarfing down a Big Mac. Fortunately, there isn’t a McDonald’s in Arlington, MA.