McDonald’s CEO warns of ‘a two-tier economy’ as lower-income consumers spend less

    https://www.nbcnews.com/business/consumer/mcdonalds-high-prices-tariffs-inflation-what-to-know-economy-rcna228650

    Posted by Majano57

    8 Comments

    1. FunChildhood1941 on

      I don’t know about anyone else, but McDonald’s hasn’t put out a quality product since the early 90’s.

    2. a_little_hazel_nuts on

      I grew up low income but my dad would give me $20 every 2/3 weeks, just to have cash to grab fast food or whatever. The buying power of $20 back in 1998 is like $38 today and I’m not sure what low income parents give their kids today but I doubt it’s $40. So yeah, I’m sure sales are down. Just comparing my teenage years to today’s teenagers.

    3. That’s what happens when the cost of everything increases 10% every year and wages are stagnant for decades

    4. SnooChickens561 on

      Says the guy whose main product it is to serve obesity to the country. Haven’t even got a good veggie burger after all these years.

    5. As in “Fu..n” Da!

      This is like the Titanic captain warning passengers that the ship has already sunk while he’s sailing away in his motorized lifeboat.

      If this is an “honest reaction” from a CEO, then he’s pretty stupid. He’s CEO because those that knew better needed a fall-guy.

      Most people knew this was happening before Obama (that dipS..t) was elected. That’s why they voted for that F…n” traitor. They believed his lies.

      Now the MSM is publishing stories to convince us that “We (the Oligarchy) didn’t know”. BullShit you didn’t know you frauds. You knew. Now you’re just trying to tell us a lie so you don’t find yourself facing a guillotine.

      We need more Luigis!

    6. Hasn’t society always been two tiered? There’s a certain economic philosopher from the 1800s always banging on about two tiers. What was his name, something German I think.

    7. Fast food is weird. You can easily spend $10 a person on it. For $12-14 I can get a huge Indian take out meal which is twice the food and delicious.

    8. > “…at least $250,000 a year…”

      Today, that’s two professional college degrees w/five years experience. It’s also a very high tax bracket too.

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