Kevin Roberts remembers when he could get a bacon cheeseburger, fries and a drink from Five Guys for $10. But that was years ago. When the Virginia high school teacher recently visited the fast-food chain, the food alone without a beverage cost double that amount.

Roberts, 38, now only gets fast food “as a rare treat,” he told CBS MoneyWatch. “Nothing has made me cook at home more than fast-food prices.”

Roberts is hardly alone. Many consumers are expressing frustration at the surge in fast-food prices, which are starting to scare off budget-conscious customers.

A January poll by consulting firm Revenue Management Solutions found that about 25% of people who make under $50,000 were cutting back on fast food, pointing to cost as a concern.

  • alienanimals@lemmy.world
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    6 months ago

    All of the megacorps are raising prices because they know consumers cannot do anything about it.

    Meanwhile, wages can’t keep pace with inflation because, “tHaT wOuLd MaKe ThE pRoBlEm WoRsE” Yes it would, but only allowing huge corporations to do that shit makes the class disparity worse and not allowing individuals to match is boiling a frog in water.

    • retrospectology@lemmy.world
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      6 months ago

      Yup, and all the politicians playing make-believe and making a big show of scratching their heads like they just don’t understand what’s causing inflation has just emboldened them. We’re still living with the price gouging from the pandemic.

      I’m surprised they’re not still trying to claim it’s from the stimulus checks lol.