- cross-posted to:
- [email protected]
- cross-posted to:
- [email protected]
“Even though we’re pushing through pricing, the consumer is tolerating it well,” he said in October analyst call.
normal way to talk about ‘fellow’ human beings
You must log in or register to comment.
Sunday morning, fire up the air fryer and park just outside of McD’s. Selling hashbrowns at $1 a pop.
And get fined by the city for not having a food vending license. And the audited by the IRS.
In the corporate world, that’s known as “the cost of doing business”. As long as the profit exceeds the fine, we’re good. If the profits exceed the threshold, it would get claimed come tax time as “additional income”. There’d be no audit because local PD doesn’t report to the IRS.
If the profit IS good enough, I’d totally pay the fee to register as an LLC so I can do the “fancy accounting” and afford myself all the tax and corporate bonuses that come along with it.
Had I thought of it 5 years ago, I could have used the LLC to apply and get me one of those fancy COVID loans (that didn’t need to be paid back). Though, I’ll admit the money would have been invested in dividend bearing stocks and actually paid back at the end of the term; minus the profit I made off the money of course.
The first point makes sense, that’s why he needs to sell 10¢ trinkets for a dollar with a “bonus gift” of a hash brown lmfao
I don’t see why he’d get audited by the IRS, first he’d need to make more than 600 off it and even if he did, as long as he reports it the IRS DGAF as long as they get their cut lmao
Just get a license and do the food safety course. It’s not that hard.
A food handlers license, sure that’s not that hard. A food VENDERS license? I’ve done that. I’ve opened restaurants from nothing, to where I was climbing thru the walls cutting out the path for the new hood.
There’s an exponential fuckton of differences between the two.
And about $500,000-$2M eaaaaasy
Food safety license =/= food vending license
I worked for McDs in high school, around 2008. Big Mac meal used to be $6.08 with tax, $1 menu used to be $1.06 with tax. I went the other day and was shocked to see how much everything costs now plus I have to order via a screen (which I find bizarre, but maybe I’m just old now).
I also feel like working there used to be kind of fun. I’d take the order from the drive thru/take the money, kitchen would secretly prioritize drive thru orders (everything is timed), and window person would get the order together. Now it seems like they take 1 or 2 drive thru orders at a time and make the line wait until those are done.
Seems like fewer people working & prices went up - and I’m sure those poor folks working are making minimum wage. It’s just sad all around.
The cool part is I started working there just after you! I started around 2013 and worked there until about 2016 and it was STILL about maybe $7 or $8 for a meal, and the dollar menu was still $1.06
This shit happened during covid and they’re literally only doing it because they can. There have been reports that the current inflation isn’t driven by the state of the economy at all, but just corporate greed.
Don’t waste your time and money guys, you can get food cheaper at the mom and pop restaurants now, and that food is usually at least half decent. When it’s the same price to eat at McDonald’s or a “healthier” place like tropical smoothie or Chipotle, why the fuck would I want to pay for ultra processed sludge
There have been reports that the current inflation isn’t driven by the state of the economy at all, but just corporate greed.
Corporate greed definitely exists, but printing $15 Trillion also has an effect.
I’m no financial analyst and im no good at all of the legal jargon, but aren’t the notes below this chart explaining they changed how they calculate this right around may 2020?
Like I said, I’m illiterate when it comes to the technical side of this stuff, so I just googled and from what I’m gathering from this article below, the fed changed the rules for what defines a savings account so they’re almost the same as checking, and that caused them both to get reported in M1 and that’s the majority of that surge of cash.
Feel free to correct me with better evidence, like I said again, I’m just trying to understand the legal wording here:
https://collabfund.com/blog/the-fed-isnt-printing-as-much-money-as-you-think/
True. If we stick to the older definition of M1 then it increases only by 125%. From 4 to 9bn
If we look at M2 which includes M1 then we still see the massive recent increase in the money supply.
When it’s the same price to eat at McDonald’s or a “healthier” place like tropical smoothie or Chipotle, why the fuck would I want to pay for ultra processed sludge
Yes, exactly. Maybe I just take the amazing variety of local food choices near me for granted, but it just makes no sense to me anymore.
The only fast food I still get sometimes is Taco Bell. Not if I’m in the mood for Mexican, I’ve got a half dozen better places near me for that. Taco Bell is its own genre of food separate from Mexican and Tex-Mex.
I hear people talk like this, but I don’t think it is actually true. Sure, fast food use to be half of a smaller joint, but now you are only paying 20-30% less at the fast food places. That ignores the fact that a lot of the cheap food is on the apps now. My Mcdonalds has had buy one get one Big Macs for about 2 years now. Even if I get that and a fry, I am looking at a $8 bill as opposed to a local joint that is going to charge $9 for their basic burger, no fries.
This doesn’t even take into account the speed of the fast food places, which is much slower than it use to be, but still the fastest places in town. So yes, the days of a late night snack run to Taco Bell are over, but the restaurants still have a purpose. The purpose is for when you need some food right now, and not for a huge price.
In high school (~1995) I used to work in light construction/carpentry, and I was ravenous on a normal day, so work days I would eat huge amounts - on payday I would go to McDonald’s and order a Big Mac meal and a happy meal – both for me. (It probably would’ve been more cost effective to buy two adult meals, but the first time I did it the cute girl at the register said something about how I seemed like a nice dad … I should’ve just asked her out, rather than keeping up a bizarre charade for no reason – I was tan and fit from working outside all the time, I should’ve had more confidence, but I was also undiagnosed autistic too, so, well, that kind of explains that.)
Anyway, the Big Mac meal was $2.99 united states dollerydoos, and I was making $7/hr. The price doubled in the 10 years between us… but wages stayed about the same.
It’s truly scary how minimum wage hasn’t changed
so you order on a touch screen that has been used by every nosepickin’ customer before you and then chow down on food you eat with your hands? Sounds delicious.
Well yeah, how else will they post profits every quarter until the end of time?
would secretly prioritize drive thru orders
Fucking knew it! Thanks for confirming
Well metrics are collected for both dining and drivethru but dive thru was always pushed hard as the thing to maintain timing wise. That’s when we figured out the smile button. A no charge but very abusable button that would count as an order. Ring a smile and wait 10sec and clear it. Ring one every 3 orders to be sly to corporate… When your having wait time issues and you could clear them and have them count even before clearimg the order before it. Easy way to knock the occasional 5 to 10 minute order down that skewed my hours metrics.
That’s pretty funny, was ordering a smile actually a thing? What happens?
I think the idea was to add it as an additional argument on the order when when inputting an order as an ask me button or potentially just as a cheeky little Easter egg but it would ring up as no dollar charge nothing more really. But tracking was on individual orders and since you could ring a smile and summit it as a order "pay for it " $ 0.00. And then wait 10 to 20 seconds and you could dismiss the order as fulfilled. Each hand off station in the store has a set of screens that show what the order is and what’s coming next for a couple of orders. You can dissmis orders out of order buy using a keypad. So a small coffee order can be dismissed while leaving the 15 filet of fish order up as a reminder. Any time you would see a order for a smile. You would hunt that order down as soon as you saw it and dismiss it. It became a huge joke about how many smiles per hour were being done during district meetings. Can’t imagine corporate ones.
My favorite Korean restaurant raised prices twice in a year. It went from $16 to $19 to $22 for a box of Korean fried chicken.
Where the big companies can handle it (and at times, are the ones doing it), mom and pop shops are getting fucked and have to raise prices too.
I learned that Korean fried chicken is pretty easy to make, so I freed myself from the retail price increases. Also, because the place that made by far the best Korean fried chicken closed leaving me with all these watered down fried in olive oil lame places.
Fun nostalgia: Korean chicken joints in Korea in the nineties were frequently late night (like three in the morning late night) drunken smoke filled brawl infested shit shows of soju chugging drunk munching goodness. It’s always a little strange to me to see modern day “nice” chicken places.
There’s a burger place near me which makes a great burger - good quality ingredients, interesting toppings, great fries and they’re cheaper than McDonalds. Given McDonald’s prices on ingredients will be substantially cheaper, and their volume higher, this is just pure greed.
I don’t understand how McDonald’s does so well in Australia, since our traditional takeaways do such good burgers and better chips (fries) a home cooked version true to the fish and chip place original
Though my partner prefers the burger “plain” which omits the bacon, egg, and pineapple
Yeah there is a little drive through burger stand 2 blocks away from me. Amazing burger and fries combo for $11. The only downside is their service is super slow, but that’s a crapshoot at nearly every fast food chain at this point
Yeah there is a great place near me that does a really, really good double with pimento, chili, fresh onion and jalapeno for around that too. 2 people getting food, a loaded fry (that’s actually loaded), and tip is somewhere around $30. I don’t see why I would eat at any fast food chain.
My local burger places are just like that. Absolutely bonkers what people with a routine will tolerate if the change is slow.
Some people are open to trying new things, they want the excitement of trying out a new restaurant or take out, they want to try types of food they’ve never eaten before.
Then there are the other type. They behave in the same way as children do, they want what they like, and will not take a risk on something new, even on something as pedestrian as a burger.
I’ve worked with a 50 year old man that gets upset if there isn’t a nearby Chick-fil-A. He eats the same thing every day. By his other behaviors I assume it’s undiagnosed OCD or something so we don’t give him shit about it.
My former coworker got the exact same thing from chipotle every single day. Nothing wrong with him, just really liked his routine. Some people are like that.
This seems pretty black and white. Ironically.
I love trying new food. But sometimes I just want to order something where I know what I am going to get.
You’re bi.
I stopped buying the hash browns years ago because of how overpriced they are. They are worth no more than 50 cents.
And why the fuck are fries like $5 now… I swear a large was like $3 a year ago.
It is so sickening how capitalism normalizes stripping people of their humanity
I think it’s even more disturbing how people can continue funneling support into capitalism then turn around and think they’ve got a leg to stand on by complaining about it.
Breathing doesn’t strip me of the right to complain about the bad air.
So I assume you mean you don’t complain about capitalism at all? Think its an amazing system?
deleted by creator
People are just wallets that cry sometimes
Poke poke C’mon… Quit crying! I want some money!
I heard about this and lmao no deal mcdicks.
Hash brown is 99 cents. Figure it out. We can see your market value.
I vow to not buy a McDonald’s hash brown until it is below $1
Honestly where I live I can get a ni e pub meal for about the same price as one of their burger meals.
deleted by creator
For the longest time I knew fast food junk was not good for you so I ate less of it.
During the pandemic I completely avoided fast food.
It’s been three years now and I haven’t gone to any fast food at all.
Now I can’t rationalize eating it any more.
It isn’t healthy, it isn’t food, it has no nutrition, it has too much of the things that degrade your health. It’s also prepared by people being paid as little as possible to maximize the profit to the people who do the least in the transaction.
From a health point of view is like investing in degrading your body … it’s like investing in rust for your car or pouring tiny amounts of water or sugar in your gas tank … it’s paying a premium for an unhealthy body in the future.
And now it costs more … it costs more to ruin your health. So you spend a lot of money now to ruin your health and then spend a lot more money to fix your unhealthy self when you get older.
When you look at it over a lifetime, it’s far cheaper to just not eat fast food
I actually don’t hate the burgers McDonald’s has now. They are hot, and often hit the spot for me.
HOWEVER, a double quarter pounder meal is now like $10, and it’s just not worth it when I have other options next door or across the street that sell better food for about the same price.
Same, my daughter wanted their fries recently and we caved and bought it, and it was actually quite juicy and tasty.
Ironically the fries were undercooked soggy potatoes, so win some lose some I guess.
It’s very location dependent. It was the only place to stop that was open on a recent road trip that I took. The bun was stale and the patties were overcooked. The pickles were fine I guess.
Just think of all the hundreds of millions of people who won’t be affected by this because they refuse to eat at MacDonald’s regardless of their prices.
True, but fuck KSL, it’s a Mormon-owned entity.
What’s wrong with Mormons? In South Park, they were the only religion whose devout followers have been treated kindly.
Though I haven’t seen The Book of Mormon…
The race bigotry, the anything that isn’t hereto hate, the normalizing of totally cutting people off if they deviate from the cult?
But if you’re basing your views on south park I’ve got bad news for you.
But if you’re basing your views on south park I’ve got bad news for you.
I can’t keep up with all the spins on Christianity that the US comes up with. And the Mormonism episode didn’t drive me to do external research the way the Scientology episode did! Haha
You mean besides being an uber controlling cult that embezzles millions if not billions of dollars?
Also Book of Mormon is excellent, highly encourage you to go see it! There’s not a bad seat in the house for Broadway.
the customer is tolerating it well
Sure am! It’s been over four years since I’ve had McDonalds (or any other fast food restaurant). Prices are absurd and the food is meh at best.
I do get a craving for McDonalds fries that I give into probably once or twice per year. Usually I’ll get a Big Mac combo, or a couple McMenu sandwiches. The other surprising factor aside from the absurd price is how mediocre the flavour has gotten. While it was never culinary art, it somehow tastes even less like food than I remember just years ago.
I’m disappointed every time.
Maybe it’s not that McDonalds tastes less like food but you just go used to eating proper food instead and your palate changed?
We lose taste buds over time, so probably nothing tastes as good as it used to. 😉
It probably hasn’t changed a whole lot over the years, it’s just that the cravings make it sound so much better until you have it again. I’m the same with KFC, I get massive cravings and remember how good it was last time, then when I get it I end up regretting it and being disappointed, then the cycle happens again
Tho that’s my personal experience yours could differ
A relative lost most of his taste during Corona. Good thing though, he can eat food so spicy that everyone else falls into pain coma.
I’m overweight, not especially healthy, and even back in the day when I was dirt poor and on heroin (I’m good now, for 17 years, thanks) I never ate that shit. It just made me miserable every time and my stomach was never full. Even simple sugar cubes were a better short term solution back then, used to put 12 in my coffee.
How are you being upvoted for this bs.
I’m curious as to what your issue with their comment was?
deleted by creator
LOL McDonald’s hasn’t seen my shadow in 10 years at least
I’m more surprised that they thought they could double prices, but yet somehow still very noticeably drop in quality. McDonald’s quality drop isn’t quite as bad as say, Taco Bell and others but wow, seems like hubris is in the air lately with these corporations’ executive boards.
