Fast food prices have soared across America, and some at Axios are concerned that this might negatively impact President Joe Biden.
“In 2020, Biden beat Trump 55%-44% in households earning less than $50,000. In households between $50,000-$99,000, Biden had even bigger margins, at 57%-42%.”
But that’s all changed…
An accompanying chart shows that non-management wages have increased by 36 percent since 2017, but fast food prices have jumped by 41 percent.
That’s all well and good and all kinds of erudite and slide-rulish, but let’s look at the actual price increases since Biden took office…
- Medium French Fries: $1.79 – $4.19
- McChicken: $1.29 – $3.89
- Big Mac: $3.99 – $7.49
- Ten McNuggets: $4.49 – $7.58
- Cheeseburger: $1.00 – $3.15
Remember in Pulp Fiction when John Travolta’s character couldn’t believe there was such a thing as a $5.00 milkshake? Well, a large milkshake at Chick-fil-A now costs $5.19. When former President Donald Trump was president, it cost $3.15.
Gas prices have the same effect. Traveling to visit family, we’ve encountered $5.00 gas in some places. It was $2.39 under Trump. It’s unsettling. Every instinct tells you something isn’t right.
These brutal prices are heavily influenced by Joe Biden’s policies. He has spent hundreds of billions of federal dollars, which has devalued the dollar. Biden’s immigration policies have increased demand for housing, energy, and food, driving up costs. His energy policies have also raised the cost of energy, which is needed to produce, transport, and store everything.
Biden can try to blame the pandemic, but that was three years ago, and things are getting worse, not better. When the media say inflation is down, it only means that inflation isn’t growing as quickly. Inflation is cumulative; if it was nine percent in 2023 and five percent in 2024, prices have still increased 14 percent. Yet, we’re told inflation is decreasing.
The working poor, in particular, rely on affordable fast food. Biden’s policies have likely made cheap fast food a thing of the past.
Well, voters got what they chose. We’ll see in about six months whether they want more of the same.
