"Fast Food Becomes Luxury as Prices Soar Amid Inflation Crisis"

1 min read
Source: The Daily Wire
"Fast Food Becomes Luxury as Prices Soar Amid Inflation Crisis"
Photo: The Daily Wire
TL;DR Summary

Under President Joe Biden, fast food prices have surged dramatically, with items like McDonald's Big Mac and Subway's BLT Footlong nearly doubling in price since 2019. This rapid increase, outpacing wage growth, has led 78% of consumers to view fast food as a luxury, significantly impacting lower- and middle-class families who rely on affordable meals. The Federal Reserve attributes this to rising wages and food production costs, marking a severe inflation crisis in the U.S.

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