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submitted 4 days ago* (last edited 4 days ago) by Potatos_are_not_friends@lemmy.world to c/news@lemmy.world

Many people believe it’s an astounding $18 after a post on X of McDonald’s menu prices at a rest stop in Connecticut went viral and made national headlines. (Narrator voice: It’s not.)

Now, almost a year after the post, a top McDonald’s executive wants to set the record straight. In a recent letter, Joe Erlinger, president of McDonald’s USA, said $18 for a Big Mac combo was the “exception” and not the norm across all 13,700 restaurants in the country.

The average price of a Big Mac in the US was $4.39 in 2019,” Erlinger said in his recent letter. “Despite a global pandemic and historic rises in supply chain costs, wages and other inflationary pressures in the years that followed, the average cost is now $5.29. That’s an increase of 21% (not 100%),” he added.

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[-] RememberTheApollo_@lemmy.world 61 points 4 days ago

consumers were willing to pay more as their paychecks rose and they were sitting on loads of savings accumulated during the pandemic.

Wait, who got more money dumping into their savings?

[-] the_crotch@sh.itjust.works -2 points 3 days ago

I got 2 stimulus checks for $1200. I didn't even have to ask, they just showed up. Did you not get those?

[-] RaoulDook@lemmy.world 3 points 2 days ago

That's not a lot in this context of savings, just about 2 months' rent or less for a lot of people.

[-] the_crotch@sh.itjust.works 2 points 2 days ago

Many people don't have anywhere near 2 months rent in savings.

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this post was submitted on 26 Jun 2024
296 points (96.8% liked)

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