• SUMATRAN_RAT@lemmy.world
    link
    fedilink
    arrow-up
    209
    arrow-down
    1
    ·
    9 months ago

    The gaslighting bothers me the most. “The soft landing worked! The economy is great! Look at all these jobs!” Are they good jobs? Do they pay enough to live? Why has the price of everything gone up so much? It’s eerie being lied to on such a massive scale like this. Very much a superb example of “don’t piss in my ear and tell me it’s raining.”

    • pinkdrunkenelephants@lemmy.cafeOP
      link
      fedilink
      English
      arrow-up
      93
      arrow-down
      1
      ·
      9 months ago

      It’s purposeful. The system is collapsing and the only option they have is to lie to people to convince them to continue participating.

      • AdrianTheFrog@lemmy.world
        link
        fedilink
        English
        arrow-up
        42
        ·
        9 months ago

        “you now have to spend more money to survive” -> “people are now spending more money” -> “the GDP is going up” -> “the economy is doing well!”

      • TWeaK
        link
        fedilink
        English
        arrow-up
        5
        ·
        9 months ago

        The Party told you to reject the evidence of your eyes and ears. It was their final, most essential command.

      • arglebargle
        link
        fedilink
        English
        arrow-up
        1
        ·
        9 months ago

        If you are eating fast food and you give a shit if the price goes up you already lost.

    • Kalkaline @leminal.space
      link
      fedilink
      arrow-up
      46
      ·
      9 months ago

      The CPI is not the economy, the stock market is not the economy, wages and unemployment are not the economy, there is no one measure that effectively captures what’s happening with the economy.

      • ɔiƚoxɘup@infosec.pub
        link
        fedilink
        arrow-up
        27
        ·
        9 months ago

        This exactly, and the people making policy are so far out of touch that they don’t even have a friend of a friend that’s as impacted as we are by this insane inflation.

        Worst thing is, we weren’t getting cost of living increases before inflation went batshit.

      • bamboo@lemmy.blahaj.zone
        link
        fedilink
        English
        arrow-up
        14
        ·
        9 months ago

        There is the Consumer Sentiment Index which at least tries to quantify what people are feeling about the economy. According to the recent report, 48% of consumers expect bad times in the year ahead for business conditions, which is down from the high of June 2022 when 79% of consumers expected challenging times ahead for the economy.

          • bamboo@lemmy.blahaj.zone
            link
            fedilink
            English
            arrow-up
            11
            ·
            9 months ago

            Oof indeed. It’s hard to think back to June 2022, but I’d have to imagine some of the sentiment increases are due to supply chain shortages getting worked out.

            Personally as someone in tech, it feels like with interest rates going up, a lot of investments in technology companies have dried up. Looking back, mid 2010s was low interest rates and it seemed like there was more money being invested, without the focus of immediate profit. Now it feels like the screws are being tightened and every cent they can extract out of customers is being taken advantage of, regardless if that is overall good for the product or company.

    • Uriel238 [all pronouns]@lemmy.blahaj.zone
      link
      fedilink
      arrow-up
      31
      arrow-down
      1
      ·
      9 months ago

      Since the Great Depression (about a century ago!) The US government has been fudging the numbers so that the economy looks better than it is. Inflation, unemployment, wages, etc. are qualifed with modifiers (because why count anyone who stopped looking for work?).

      The system intends to gaslight us and convince us the economy is doing great. We’re down on our luck, or we suck and deserve to be on the brink of homelessness and starvation.

      After all, if our government was transparent with us, we might see it’s not all because of corporate greed and anticompetitive markets. We might realize regulatory capture has real consequences. We might pressure the government to actually serve the pubic and install some effective social safety nets. And then the companies would have to pay us living wages for short work weeks and provide a non-toxic, non-hazardous work environment.

      And our plutocrats won’t have that.

    • brown567@sh.itjust.works
      link
      fedilink
      arrow-up
      11
      ·
      9 months ago

      The unemployment rate has plummeted ever since we started counting jobs per capita instead of employed individuals! It’s been below -50% ever since!

  • youngalfred
    link
    fedilink
    arrow-up
    89
    arrow-down
    1
    ·
    9 months ago

    .

    Not a meal - that’s just the burger. $8.30 AUD (5.42usd). Ridiculous.

      • dylanmorgan@slrpnk.net
        link
        fedilink
        arrow-up
        38
        ·
        9 months ago

        It’s my understanding that kangaroos are plentiful. I’ve had kangaroo meat and it’s pretty tasty, like very lean beef.

        • Flying Squid@lemmy.world
          link
          fedilink
          arrow-up
          7
          ·
          9 months ago

          I was in Cincinnati a long time ago and they have this insane and awesome (in the true sense of the word) supermarket called Jungle Jim’s and they had kangaroo meat, but I didn’t trust the hotel freezer, so I didn’t buy it. I regret it now, although I don’t eat meat anymore. I don’t know, maybe I’d make an exception just once just to try kangaroo. It would be very hard to resist.

    • doctorcrimson@lemmy.today
      link
      fedilink
      arrow-up
      26
      ·
      edit-2
      9 months ago

      I was gonna say, this post seems pretty disingenuous to blame “every public figurehead” for corporate greed. Maybe if we better taxed and regulated those companies this wouldn’t be happening. If only some public figureheads had literally that exact platform.

      • Coreidan@lemmy.world
        link
        fedilink
        English
        arrow-up
        6
        ·
        9 months ago

        Considering greedy corporations are lobbying (bribing) public figure heads, it’s not far off.

            • doctorcrimson@lemmy.today
              link
              fedilink
              arrow-up
              1
              ·
              9 months ago

              I don’t know what country you even live in, mate. If it’s the USA then look up “HR 1 For The People Act”.

              • Coreidan@lemmy.world
                link
                fedilink
                English
                arrow-up
                1
                ·
                9 months ago

                Ok and? This act has nothing to do with financial reform.

                If you think this changes anything then I have a bridge to sell you.

                • doctorcrimson@lemmy.today
                  link
                  fedilink
                  arrow-up
                  1
                  ·
                  edit-2
                  9 months ago

                  It literally does, though?

                  Passed House (03/03/2021)
                  For the People Act of 2021
                  
                  This bill addresses voter access, election integrity and security, campaign finance, and ethics for the three branches of government.
                  
                  Specifically, the bill expands voter registration (e.g., automatic and same-day registration) and voting access (e.g., vote-by-mail and early
                   voting). It also limits removing voters from voter rolls.
                  
                  The bill requires states to establish independent redistricting commissions to carry out congressional redistricting.
                  
                  Additionally, the bill sets forth provisions related to election security, including sharing intelligence information with state election officials,
                   supporting states in securing their election systems, developing a national strategy to protect U.S. democratic institutions, establishing in
                   the legislative branch the National Commission to Protect United States Democratic Institutions, and other provisions to improve the
                   cybersecurity of election systems.
                  
                  Further, the bill addresses campaign finance, including by expanding the prohibition on campaign spending by foreign nationals, requiring
                   additional disclosure of campaign-related fundraising and spending, requiring additional disclaimers regarding certain political advertising,
                   and establishing an alternative campaign funding system for certain federal offices.
                  
                  The bill addresses ethics in all three branches of government, including by requiring a code of conduct for Supreme Court Justices,
                   prohibiting Members of the House from serving on the board of a for-profit entity, and establishing additional conflict-of-interest and
                   ethics provisions for federal employees and the White House.
                  
                  The bill requires the President, the Vice President, and certain candidates for those offices to disclose 10 years of tax returns.
                  

                  It was a partisan DNC bill that immediately passed the house upon them gaining a majority.

    • TWeaK
      link
      fedilink
      English
      arrow-up
      2
      ·
      9 months ago

      Literally the main driver behind inflation recently has been profiteering.

  • HexesofVexes@lemmy.world
    link
    fedilink
    arrow-up
    67
    ·
    9 months ago

    Hey now, that’s just not true (!)

    If you pull yourself up by your bootstraps, work an extra shift, maybe sell some things you don’t need, you can afford a McChicken Sandwich (!)

    • lagomorphlecture
      link
      fedilink
      arrow-up
      34
      ·
      9 months ago

      Honestly anyone who isn’t willing to work an extra 5 or 6 jobs has no right to complain.

    • ThatFembyWho@lemmy.blahaj.zone
      link
      fedilink
      English
      arrow-up
      26
      ·
      9 months ago

      Have you seen the price of boots these days? More like pull yourself up by your dirty socks (cost probably $15 to wash) and then get kicked out of any building you walk into for being in your socks then go find a hole somewhere without anti-homeless spikes to crawl into and die then your next of kin get the outrageous bill for the ambulance that was called, the cycle repeats and basically everything will be fine haha!

  • AbsurdityAccelerator@lemmy.world
    link
    fedilink
    arrow-up
    64
    ·
    9 months ago

    I am and old millennial and have pretty much considered my wife and I somewhat upper middle class. We never paid attention to grocery prices, took a vacation every year and were able to put away money for retirement. And while I am fortunate enough to still be doing well, that comfort and buffer we had has all but dissappeared in the pandemic.

  • moistclump@lemmy.world
    link
    fedilink
    arrow-up
    49
    ·
    9 months ago

    Half decade sounds longer than 5 years. Someone could have started highschool, and by the end of highschool be in a completely different price market than before. 5 years is way too quick for these things to change that much.

    • PlasterAnalyst@kbin.social
      link
      fedilink
      arrow-up
      28
      ·
      9 months ago

      Me who started driving in 2001 and then saw gas prices double before I was out of hs. Then the great recession happened when I finally got out on my own and gas was even more expensive than it is now and companies had started raising prices like crazy with the excuse that fuel prices were high. It’s also when shrinkflation started happening. Good jobs were also unobtainable because people postponed retirement for years after the recession. I didn’t get anything decent until around 10 years ago, and now I feel like I’m back where I was when I was 21 working at McDonald’s.

    • Coreidan@lemmy.world
      link
      fedilink
      English
      arrow-up
      5
      ·
      edit-2
      9 months ago

      Half decade sounds longer than 5 years

      Only if you have no clue how long a decade is (10 years).

  • LinkOpensChest.wav@lemmy.blahaj.zone
    link
    fedilink
    arrow-up
    49
    ·
    9 months ago

    I buy those dollar store packages of refried beans and rice, and cans of mixed vegetables. I put them in individual containers and freeze them to take to work for lunch. It’s pretty cheap, and it makes me feel a lot fuller than anything I could buy at a convenience store or restaurant.

    It’s also vegan and gluten free (I have celiac and severe lactose intolerance)

    • pinkdrunkenelephants@lemmy.cafeOP
      link
      fedilink
      English
      arrow-up
      24
      ·
      9 months ago

      A thing I have thought of trying is to take a bean and rice mixture and make stuffed peppers with it. I am certain it will be delicious. Certainly better than a ShitChicken.

      • LinkOpensChest.wav@lemmy.blahaj.zone
        link
        fedilink
        arrow-up
        16
        ·
        9 months ago

        This sounds really good too!

        Also, whenever I cook something like soup or even pasta, I always cook extra so I can freeze it in portions. It’s so much better than paying like $15 for fast food or junk food that’s not even satisfying

      • frickineh@lemmy.world
        link
        fedilink
        arrow-up
        2
        ·
        9 months ago

        I do that with poblanos (and vegan chorizo if I’m feeling fancy), and I can confirm that it’s so good, and not terribly expensive. The last time I did it, it was probably about $10 for the ingredients, but it made enough peppers for 2 meals each for me and my mom, plus enough leftover filling for at least couple more.

    • gandalf_der_12te@feddit.de
      link
      fedilink
      arrow-up
      13
      ·
      9 months ago

      I can also very much recommend lentins.

      They are good. There’s even pasta made out of lentins. It is gluten free. You use it like ordinary pasta. It’s good.

    • droans@lemmy.world
      link
      fedilink
      arrow-up
      7
      ·
      9 months ago

      It would be even cheaper if you bought them nearly anywhere else but the dollar store.

      Unit for unit, dollar stores are almost always more expensive than grocery stores or warehouse clubs.

      • LinkOpensChest.wav@lemmy.blahaj.zone
        link
        fedilink
        arrow-up
        6
        ·
        9 months ago

        In this case, they are cheaper at the dollar store. I’ve compared prices at Walmart and grocery stores.

        Same with the packages of pre-cooked microwaveable rice.

        While I agree that dollar store prices can be higher, with the foods I buy they’re pretty consistently cheaper per ounce at the dollar store. Believe me, I compare!

  • DoctorRoxxo@lemmy.world
    link
    fedilink
    arrow-up
    45
    ·
    9 months ago

    Not even 15 minutes ago I was in a McDonald’s drive-thru. The only thing I ordered was a Single Cheeseburger, the cost was $3.59…. I told them never mind and came home and made pasta instead. Absolutely ridiculous that a single patty burger from there could cost so much.

  • occhineri@feddit.de
    link
    fedilink
    arrow-up
    38
    ·
    9 months ago

    Of course, it’s cheaper to cook at home. But the McChicken is, like the whole industry that is to blame for it’s existance, a serious threat to our physical health and thus to be avoided at any cost.

      • IninewCrow@lemmy.ca
        link
        fedilink
        English
        arrow-up
        14
        ·
        9 months ago

        Over a lifetime it’s more economical to not eat any fast food.

        The fast food you eat on a regular basis early on in life just degrades your health later on in life when you will spend money trying to remedy. You will pay for that fast food twice, once when you eat it and again later on life when you pay to treat your heart, weight, circulation, blood and inflammation.

        Eating fast food is investing in having some terrible last years of your life … you may live long but if you’re not healthy now, you’ll spend the last ten or 20 years of your life miserable.

        • JJROKCZ@lemmy.world
          link
          fedilink
          arrow-up
          6
          ·
          9 months ago

          If you’re eating it on a regular basis sure, McDonald’s once every two weeks or longer isn’t going to kill anyone more than the rest of the junk on the shelves

        • TWeaK
          link
          fedilink
          English
          arrow-up
          1
          ·
          9 months ago

          I don’t think that’s quite true. There are athletes that eat shitty food like that. The difference is they burn it all off and eat other healthy food also.

          However the demon in fast food is that it tempts you to eat far more than you need, and can easily trap you in an unhealthy lifestyle.

          • GBU_28
            link
            fedilink
            English
            arrow-up
            1
            ·
            9 months ago

            Are you an athlete? If not it’s true.

            Yes calories in, calories out is always true.

            • TWeaK
              link
              fedilink
              English
              arrow-up
              1
              ·
              9 months ago

              Usaine Bolt, along with various cyclists, would show otherwise. There are fit people who regularly eat fast food - it’s just not all they eat, and they’re active.

              • GBU_28
                link
                fedilink
                English
                arrow-up
                1
                ·
                9 months ago

                Obviously? Those are athletes.

                • TWeaK
                  link
                  fedilink
                  English
                  arrow-up
                  2
                  ·
                  9 months ago

                  There are non-athletes who are in good shape in the same manner. It’s not like everyone who goes to McDonalds is overweight and unhealthy (although that may well be the case in certain places).

                  Anyway I don’t really want to be defending McD’s, I like good, fresh food. Their burgers are terrible, their chicken is barely even chicken.

  • gmtom@lemmy.world
    link
    fedilink
    arrow-up
    36
    ·
    9 months ago

    And they can get away with it because your average voter only cares about whatever culture war nonsense Fox tells them to be angry about

    “Idc about cost of living nonsense when there’s migrants caravans at the boarder and kids are being transed!!!”

  • MystikIncarnate@lemmy.ca
    link
    fedilink
    English
    arrow-up
    32
    ·
    9 months ago

    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)

  • Stamets@lemmy.world
    link
    fedilink
    arrow-up
    25
    ·
    9 months ago

    I love burgers but I don’t get to have them anymore from anywhere because costs skyrocketed and my income didn’t. McDonald’s even stopped being affordable a while ago. In Canada the price of a McDouble, at least last time I checked near me, was $4. For a McDouble.

    I just eat ramen and dream of burgers.

    • DeadPand@midwest.social
      link
      fedilink
      English
      arrow-up
      13
      ·
      9 months ago

      You can get a stack of burger patties from stores usually for like 10-12 bucks then cook one for a burger in your broiler if you got one, 15 min, flip once, throw some vegs as a side, yummay!!

            • Pistcow
              link
              fedilink
              arrow-up
              1
              ·
              9 months ago

              I’ve air fried burgers many times. Just need to make sure to clean out the grease next day. Let it build up and it’s a fire hazard.

        • Kit@lemmy.blahaj.zone
          link
          fedilink
          arrow-up
          4
          ·
          9 months ago

          I’ve made burgers in the air fryer before. Just put it on the Bake setting instead of Air Fry.

        • TWeaK
          link
          fedilink
          English
          arrow-up
          1
          ·
          9 months ago

          Some air fryers also have steam settings.

          • Stamets@lemmy.world
            link
            fedilink
            arrow-up
            2
            ·
            9 months ago

            Unfortunately not mine. It has exactly two settings. Temperature and cook time. Whole thing is controlled with 5 buttons, the 5th being start/stop.

            • TWeaK
              link
              fedilink
              English
              arrow-up
              1
              ·
              9 months ago

              Tbf the other ones still only really control temperature, it just controls it automatically in some way. If you can set the temperature to a little above boiling maybe that would be like steam?

    • citrusface@lemmy.world
      link
      fedilink
      English
      arrow-up
      3
      ·
      9 months ago

      Just FYI. If you use the app, you can get 2 mcdoubles and a medium fry for just over $4. It’s the only place I will still get fast food because they actually have prices similar to they used to in the app.

      • skulblaka@startrek.website
        link
        fedilink
        arrow-up
        1
        ·
        9 months ago

        Remember, if you are getting something for free (including a discount) in exchange for using an app, you’re paying for that in data.

        Some people don’t care about that, lots of people care an awful lot about that. Sure you’ll get a McDouble for cheaper but you’ll also be receiving scam phone calls every day for the rest of your life as McDonald’s sells your personal data to anyone who bids for it.

        • citrusface@lemmy.world
          link
          fedilink
          English
          arrow-up
          2
          ·
          9 months ago

          Very true - I do use burner emails and remove trackers. Fortunately my spam filter for phone calls works well, but yeah, they gonna get dat data.

  • Minotaur
    link
    fedilink
    arrow-up
    26
    arrow-down
    2
    ·
    9 months ago

    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.

    • mods_are_assholes@lemmy.world
      link
      fedilink
      arrow-up
      16
      ·
      9 months ago

      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.

      • Minotaur
        link
        fedilink
        arrow-up
        8
        ·
        9 months ago

        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

        • mods_are_assholes@lemmy.world
          link
          fedilink
          arrow-up
          3
          arrow-down
          1
          ·
          9 months ago

          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.

    • Huschke@lemmy.world
      link
      fedilink
      arrow-up
      8
      ·
      9 months ago

      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.

      • Minotaur
        link
        fedilink
        arrow-up
        7
        ·
        9 months ago

        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

      • OldWoodFrame
        link
        fedilink
        arrow-up
        11
        ·
        9 months ago

        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.

        • pinkdrunkenelephants@lemmy.cafeOP
          link
          fedilink
          English
          arrow-up
          6
          arrow-down
          4
          ·
          9 months ago

          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.

          • Minotaur
            link
            fedilink
            arrow-up
            7
            arrow-down
            1
            ·
            9 months ago

            Are McDonalds dollar menu items so absolutely pivotal to your life that it completely breaks down when they raise in price?

            • pinkdrunkenelephants@lemmy.cafeOP
              link
              fedilink
              English
              arrow-up
              2
              arrow-down
              1
              ·
              9 months ago

              Am I so much of a threat to the status quo you benefit from that you completely break down over a picture of the price of a McChicken at McDonald’s?

              Does it truly matter so much to you?

              • Minotaur
                link
                fedilink
                arrow-up
                1
                ·
                edit-2
                9 months ago

                I don’t think you’re a threat to anyone. I just think it’s kind of baby brained and an overall bad trend for society to think like that

      • Minotaur
        link
        fedilink
        arrow-up
        7
        ·
        9 months ago

        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.

        • darthfabulous42069
          link
          fedilink
          arrow-up
          2
          ·
          9 months ago

          🤔 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.

          • Minotaur
            link
            fedilink
            arrow-up
            1
            arrow-down
            1
            ·
            9 months ago

            No just one side tends to have very complex figures backed by large independent teams of experts in the field and the other has McChicken prices and vibes.

            If the other side had like… any real data I would be on board with it

    • mods_are_assholes@lemmy.world
      link
      fedilink
      arrow-up
      10
      arrow-down
      1
      ·
      9 months ago

      Since ‘everything’ is an average of all purchases, it pays to point out that necessities like food and housing has gone up significantly higher than upper class luxuries.

      Because it is, and always has been, class warfare.

    • Minotaur
      link
      fedilink
      arrow-up
      6
      ·
      9 months ago

      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

    • PiJiNWiNg@sh.itjust.works
      link
      fedilink
      arrow-up
      5
      ·
      9 months ago

      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,

      • ChexMax@lemmy.world
        link
        fedilink
        arrow-up
        2
        ·
        9 months ago

        Actually McDonald’s sandwich prices are literally an economic measure. The big Mac has specifically been used by economists to measure purchase power over time

    • Hootz@lemmy.ca
      link
      fedilink
      arrow-up
      6
      arrow-down
      1
      ·
      9 months ago

      In 2018 I’m pretty sure junior chickens were 1.89… they are 3.89 now, that’s double the price.

      • OldWoodFrame
        link
        fedilink
        arrow-up
        8
        ·
        edit-2
        9 months ago

        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.

        • Hootz@lemmy.ca
          link
          fedilink
          arrow-up
          3
          ·
          9 months ago

          Personally I charge people double for me to give a fuck these days so I’d say there’s two sandwiches to worry about.

    • Quik@infosec.pub
      link
      fedilink
      arrow-up
      2
      ·
      9 months ago

      Yeah that 24% may very well be true for the average of “the price of everything”, but food is definitely closer to a 100% increase, so especially people with lower income will be closer to experiencing inflation of up to a hundred percent and not “just” 24.