- cross-posted to:
- aboringdystopia@lemmy.world
- cross-posted to:
- aboringdystopia@lemmy.world
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Well yeah, that shit’s expensive.
Which is ironic as fast food used to have 2 appeals - quick and cheap.
I’m not sure how quick they are these days because I can no longer afford it.
Which is ironic
Is it tho?
It’s capitalism, once you dominate the market share you raise prices.
Fast food pushed out small local shops, but there’s a few major chains everywhere. So now they’re more expensive than sit down restaurants, because the “speed” which isn’t all that fast anymore is treated as a premium and not a side effect from being cheap/easy food.
Like, everything is based off stock price, and stock price is about profit margin going up. And that’s exponential, it’s not mathematically possible to keep going up.
The only way is to keep pushing up prices and making products shittier.
It’s not irony, it’s working as intended.
Capitalism only works when you break up monopolies regularly so there can be competition.
Hell, this is way more evident in a franchise model. The actual owners can’t really do anything, they’re locked in long leases and are forced to buy from only one supplier.
If McDonald’s says party prices go up 50%, the franchise owner has literally zero options. They have to pay it.
The whole system is fucked and pretty much a pyramid scheme.
It’s absolutely a pyramid scheme. And now we’re at the stage where we hollow out the inside of the pyramid to keep making it taller.
Who remembers Arby’s 5 for 5?
I remember when you could get a taco for 59 cents at Taco Bell. And this wasn’t the 40s, this was the 90s.
Yup, the Taco Bell commercial jingle in the early 90s was based on their menu prices:
59, 79, 99
Everything (or just about everything) on the menu fit into those price ranges. Fast food was where you went to get something cheap and filling. Prices go up, I get that. But even back then, that was considered super cheap. Still, inflation isn’t the problem. The problem is that wages have not been keeping pace with inflation for decades.
When I worked there in 2008ish it was still the 79, 89, 99 cent menu.
It would be dubious if you were referring to the 40’s, not only given the age that would make you but for the fact that Taco Bell didn’t exist yet.
Remember toonie Tuesday at KFC?
$5 foot longs at subway!!
Fast food used to be shit quality for little money.
Now its shit quality for a fuckton of money.
Cook at home folks, more nutricious, tastes better, is cheaper and if you pick the right recipes its also fast.
And if you don’t want to cook for yourself, at least go to a local take-out restaurant that probably costs less than the shitty fast food, even if you have to wait a few more minutes for it.
if you call in advance they are usually the same speed if not faster
Luxury price while receiving sub par service.
From the article - they believe eating fast food should be cheaper than eating at home, but isn’t. What kind of fucked up belief is this? No wonder they view fast food as a luxury.
Fucked up? It’s not a matter of what “should be.” It was reality for decades. When were you born?
When I was growing up dominos did the “5-5-5” deal. $15+tax for 3 medium 1-topping pizzas. You can feed like 6-10 people with that depending on their age. You’re talking like $2 a person.
$1 menus included 1-2 sandwich options. Usually a chicken sandwich (obviously fried not grilled).
Meals with fries and drinks were $4-6 all in.
This was the 90’s and 2000’s. You could feed a family of 4 with $10 or less without much thought.
It was possible to feed people for less than $1/serving then. Fast food has always been more expensive than home cooking on a per serving basis.
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No it wasn’t, a frozen pizza was always cheaper than dominos. And I don’t know what kind of little only eat one third of a medium pizza.
I usually finished one myself. Well okay, I’m a big man, but still.
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So when you said it feeds 6 to 10 people, you meant 6 to 10 children? Lol
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An adult would be content on half a medium pizza
A medium cheese pizza from dominos is 1660 calories. A slice is 210 calories.
630 calories (3 slices) for a meal seems about right.
A pan pizza from dominos is 2320 calories. a slice is 290 calories.
Two slices for the pan pizza seems fine too and with their typical pickup deals is the same price.
Though their deals usually give you two toppings for free. My favorite is Chicken, Bacon, Ranch sauce on pan. It’s 2,960 a pizza, or 370 per slice. Right now my local dominos offers these for $8 each if you buy two. 6000 calories for $16. Stupid cheap and feeds minimum 6 people who want a thousand calorie meal each.
I eat 2700 calories a day to maintain my weight. If I ate a 600 calorie meal, I would be considered on a diet since I read 3 meals a day.
I definitely get the appeal of fast food. It might also depend on what a “Medium” pizza is.
6 people for 3 medium pizzas doesn’t seem too bad, especially if there’s other snacks or food. But if I had 10 people with 3 medium pizzas, I think I’d have 10 hungry people and 0 pizzas left, haha
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Used to be able to get $1 cheeseburgers. The loose change menu was a huge thing here, you could actually wander in with some coins and walk out with some food.
At $1 a burger, in less than 3 minutes, that’s way cheaper, “tastier” (subjective), faster, and no cleaning up, than having a pot of lentil curry.
The cheapest fastfood cheeseburgers usually aren’t many calories, and they are even worse when it comes to overall nutrition and satiety. You may be getting something for a $1 but it could hardly be called a meal.
It was when I was a kid. “We have food at home” is what my mother always said when we wanted some fast food. That was in the 70s.
Nowadays it doesn’t even matter. Grocery food prices are so high it is marginally more to go to a fast food place.
But I forgot there is no inflation or war in ba sing se
No one seems to be reading the article - it was a survey of only 2,000 participants on a financial advice website. These folks have already made poor decisions and likely not experienced in managing their money. The usual FUD that the OP posts everywhere.
It being published on a financial advice website doesn’t imply that the survey was conducted on visitors to the website.
Good. It should have been the whole time.
It always was.
It is a luxury so is.grocery shopping. Meanwhile we are told that there is no inflation
Who the hell is saying there is no inflation?
Inflation is well under control, quite low in fact. Lemmy has this bizarre view that because prices didn’t come down, inflation is still rampant.
That is not how the world works, hell, that not even how the word works. Inflation is a measure of how quickly prices are rising. Deflation is when prices go down, and it’s generally an awful sign for the economy. tl:dr; Prices go down, you lose your job.
Prices go down, you lose your job.
Prices go up, you also lose your job.
Prices stay the same? Believe it or not, lose your job.
We have the best economy in the world because of losing your job.
grocery store food is now a luxury too
sure voting Trump or Biden will fix it depending on what color you like
No food is not a luxury food is literally a necessity that’s how living works
They are commenting on the state of the economy, not the morality of food access.
A wrong comment. We are eating out more, and we buy more groceries
Shrinkflation. Might buy more groceries but it’s mostly plastic
We have the numbers for that too. When they say the food inflation was 3% it doesn’t mean the package price went up 3%, they may have made it smaller but cheaper in a way that the per gram price is 3% more,
The fact is that people splurged on restaurants when the COVID shutdowns were over and now the restaurants raised the prices due to higher demand
Sure for a week a bunch of people went to restaurants, including me, that week was two years ago. Time to admit that food prices are outpacing salaries.
Inflation outpacing wages also happened two years ago
https://www.bls.gov/news.release/cpi.nr0.htm
Food up 2.2% in the last year
https://www.bls.gov/news.release/empsit.t24.htm
Average hourly earnings went up from $28.68 to $29.83 in the same span of time, a 4% increase
This does bring the question up in my mind of what a restaurant that wasn’t a luxury would look like, ie, something that sells ready to eat food at prices that make it competitive with cooking at home, and which is healthy enough to eat on a daily basis without ill effect. My guess is that it would be largely a matter of having to carefully choose recipes that both use ingredients that are cheap in bulk, and able to be at least partially automated to keep staff costs low, but which are still nutritious and rely on minimal processed ingredients. Probably soups and chili and the like I’d imagine.
It’s a place where they have a large tray of food and you just plop some on your own smaller tray. Basically the same as the college dining hall. A small amount of staff can provide meals for thousands during the lunch hour.
Hmm sounds like luxury to me.
You may be interested in automats.
I’ve heard of them before, but my assumption was that whatever factor about fast food had killed them off, probably would still be in play to prevent them returning unless optimized even further somehow
When the fuck has eating out ever been anything else?
Good. A first step vmgetting the obesity numbers down.
It is since people decided that you should order through a unified app and have it delivered.
Fast food can be cheap if you start away from the sucker options, but not when you’re sending half your food money to a silicon valley billionaire.
How much of the increased price of fast food is because restaurants have to pay workers more than $7.25/hour now? It seems like the entire business model of cheap fast food was premised on low-quality food and labor costs so low that most fast-food workers qualified for public assistance. Leaving aside the low-quality oligarchical food product industry and just looking at the labor side, it’s still a failure. And a business model that relies on food stamps and welfare for its employees really isn’t a business model.
Exactly. Guess those who disliked didn’t read it through.
Turns out, the entire business model of fast food chains is based off ripping its employees.
Now that this loophole is closed, we see the real price of it.
Next step is to realize that it’s not fast food that is expensive - it’s our salaries that are pressed down so much we can’t afford some fries.
This is the EXACT reason why prices NEVER WENT UP until the $7.25 Minimum Wage was RAISED!
