• Frozengyro@lemmy.world
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      1 个月前

      Maybe not tripled, but making 7.25-10/hour was pretty common in 2008. The standard today is 15-20/hour at fast food.

      I’m aware this doesn’t justify tripling the price. Even 3x wages would not triple the cost of the burger.

          • turnip@lemm.ee
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            1 个月前

            They created like 40% more money supply in the span of a single year. It then rises at about 10% a year on average, due to a CPI that does adjustments at the whims of some entity whose goal seems to be to understate inflation.

  • tlekiteki@lemmy.dbzer0.com
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    1 个月前

    Wow, so I did tha math. The official inflation rate factors up to just over 1.5 (50% increase) over the past 16 years. But this meme suggests a factor of 3.58!!! (258% increase)

    • exasperation@lemm.ee
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      1 个月前

      Looking at beef in particular, a pound of ground beef has gone up from $2.10/lb in 2008 to $6.20 in 2025.

      Chicken breast, on the other hand, has gone from $3.50/lb to about $4.10.

      Beef has been getting more expensive faster than inflation basically my whole life, while stuff like chicken, milk, and eggs have been volatile, jumping up and down at times, and stuff like rice and flour have long periods of stability with the occasional big permanent jump.

      • Rekorse@sh.itjust.works
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        1 个月前

        That chicken price is indicative of the increasing size and density of factory farms, which caused the bird flu epidemic in the first place.

    • disguy_ovahea@lemmy.world
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      It’s prepared food, so the price also depends on wage increase and changes to tip structure in that state. Several states began fair wage for servers after 2008, so the gratuity may now be included in the price of the meal.

      • GhostedIC@sh.itjust.works
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        1 个月前

        I would like to say, California instituted a $20 fast food minimum wage which was estimated to cause an 8% increase in overall wages (they already trend high there) but a 1.5% increase in menu prices. To my mind this tracks as wages are kind of small (too small) against ingredients, building lease, etc.

        Granted, increasing the wages of everybody in the agricultural supply chain would probably have a bigger effect, but overall I think businesses tend to mcfucking lie about the impact of wage increases on consumer prices.

        • disguy_ovahea@lemmy.world
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          1 个月前

          I’m more getting at tipped worker vs fair wages for servers. The minimum wage in the US is $7.25/hr, but tipped worker minimum wage is $2.13/hr. States that have shifted to fair wages now must pay their workers standard minimum wage. Most eateries in those states have increased their prices 15-20%, and inform customers that the gratuity is now included in the meal price. It’s no different on your wallet, but could account for some of the increase in price point depending on the location of the establishment.

    • LifeInMultipleChoice@lemmy.world
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      1 个月前

      In 2025 a chocolate shake is 5.49 at the sonic near me. I thought that was expensive but compared to this thread apparently inflation on milkshakes hasn’t been to bad. Though I’m pretty sure you can get a $10 shake if you start asking them to add every kind of diabetes candy into it.

      • ChickenLadyLovesLife@lemmy.world
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        1 个月前

        There’s a fast food chain where I live called Nifty Fifty’s ('50s themed of course). They have “dessert milkshakes” for $9.85 - basically shakes with a whole extra dessert blended in - and if you get it malted you’re at $10.50. TBF they’re really fucking good milkshakes, but $10 is ridiculous.

      • meliaesc@lemmy.world
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        1 个月前

        For commercial rent that nearly seems reasonable. Especially considering what they’re charging for dentistry, that’s like… 3 people without insurance? 🥲

        • tacosplease@lemmy.world
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          1 个月前

          My rent was $8,000 a month in 2009 for a strip mall restaurant that sat 40 people. It wasn’t in an expensive area either.

  • SabinStargem@lemmy.today
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    1 个月前

    One of my parents said that steaks were 35 cents when they were kids.

    I am not looking forward to my Walmart cheese & breadstick snacks costing $70 bucks for a set of five.

  • Treczoks@lemmy.world
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    1 个月前

    Guess what will happen to food prices in the US when farmers cannot exploit cheap migrants anymore…

  • cogitase@lemmy.dbzer0.com
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    1 个月前

    Being on a food TV show and becoming slightly famous therefor allows you to increase your prices and still keep all the seats filled. The best burger place near me has increased to $10 from $5 over roughly the same time period, in keeping with the increase in beef prices over that time.

  • Gammelfisch@lemmy.world
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    1 个月前

    The CEO’s, shareholders and the 1% need to make more! There is no fucking way I am going to spend $17.00 for a fucking cheeseburger.

  • mastertigurius@lemmy.world
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    1 个月前

    Norway has been considered to be super-expensive among tourists and others looking in from abroad. However, Norwegians going to the US really have to mind their spending nowadays, especially when eating out. Forcing employees to rely on tips to get above slave wage is generally not a thing in Europe, so the price we see on the menu is what we expect to pay.

    If you go to a gas station near an airport in Western Norway, you can get a massive 300g burger (3/4 lb) with added cheese and bacon for about 200 kroner, which is $19. If you want something that normal people can finish, a regular 150g cheeseburger is about $12. A McDonald’s double cheeseburger is 43 kroner, or $4.12. If you order a burger at a restaurant or a pub, you’ll probably be spending about $25 for a bacon cheeseburger with included fries. You’re not expected to tip in Norway.

    Considering that the prices Americans here refer to don’t include taxes and tips, I’m actually pretty sure it would be more expensive to eat out in the US than in Norway, and average pay for a waiter/waitress here is about $41 000 per year.

    • Xatolos@reddthat.com
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      1 个月前

      Forcing employees to rely on tips to get above slave wage is generally not a thing in Europe

      It is in England (which while not in the EU, it is in Europe). And unlike the US, they will try to guilt you into a big auto tip.

      • mastertigurius@lemmy.world
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        1 个月前

        I’ve lived in London for seven years, never felt there was pressure or expectations of tips, though there were options to tip on the card terminal occasionally. But yes, wages in London are shit (unless you’re a banker), so if I could afford to leave 50p in the pub jar, I would.

  • brucethemoose@lemmy.world
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    1 个月前

    Coming out of left field here, but… scaling beef production is not very sustainable?

    Like, unless it’s a rare treat, I feel like beef has to go artificial or prices keep going up, even if wealth distribution is worked out.

    • PugJesus@lemmy.worldOP
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      1 个月前

      I mean, I agree, but beef consumption in the US has dropped in the past 20 years. And you can find similar price stories for all meal prices, regardless of ingredients.

    • rumba@lemmy.zip
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      1 个月前

      True, to an extent. But the price of a pound of hamburger at the grocery store has gone up relatively equal to inflation.

      In a lot of places, minimum wage has raise 3x to when it originally was. But they’re paying this wage bumps off and just a handful of sales.

      Commercial real estate is probably up about 3x from where it was when we were eating $4.75 bodacious bacon cheeseburgers from Roy Rogers

      I think, pretty much, we’re looking at disproportionately high real estate costs and greed.

      • WetBeardHairs@lemmy.world
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        Don’t neglect the fact that commercial real estate owners will arbitrarily jack rent 3x year over year. It’s basically the reason that established restaurants go out of business. Almost every restaurant that is over 20 years old owns their building.

        • rumba@lemmy.zip
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          Yeah, it’s turtles greed all-the-way down.

          The commercial real estate market, of all things, should be able to self-regulate. A property sitting empty is losing them tax money, get too many shuttered businesses together and the property value drops.

          Few things market-correct in these late-day capitalism hellscapes, but commercial property either corrects or gets bulldozed and bought by someone who corrects (and maybe rezones) it. Sometimes it just takes a decade or so.