Saturday, November 12, 2022

Fast Food Prices Are Higher... Duh.

[Rant ahead. You are warned.]

I love all the articles recently about how expensive fast food is getting. (Here's one example.)

What did people expect? People complained that the minimum wage was too low. "You can't raise a family on $8 an hour!" (In the first place, what are you doing trying to raise a family while working at McBurger Whatever? Maybe you should shoot higher than an entry-level position. But that's another rant for another time.) 

So wages have continually increased, doubling or more over the past few years. Did people think that this wasn't going to translate into higher prices? That's why you're paying $7+ for a decent fast food hamburger now or for a premium coffee drink. Add in higher food costs, fuel costs to deliver the food, inflation, etc. and of course it's going to get passed on to the consumer. 

It's almost like people don't understand basic economic principles. 

Oh, wait...

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