This past weekend my family and I had to be on the road at the ridiculously early time of 5 am. We decided to buy a dozen donuts the day before so we could get a quick start, and not have to get up even earlier than necessary. I was absolutely flabbergasted when the cashier informed me that the dozen donuts would cost $23. That was twice the price I paid for a dozen donuts at the same establishment just a year ago.
I was quite outraged over the drastic price increase. I did not take out my anger at the cashier because I know that store employees have absolutely nothing to do with our nation’s inflation crisis. I wonder how many customers vent their rage at these hard-working individuals who are absolutely blameless.
The next time we need to be up at an ungodly hour we will not be buying a dozen donuts. We will seek a much cheaper alternative. We no longer eat at McDonalds, or any other fast food restaurants, because $20 is way too much for a value meal. Also, we have drastically cut back on our pizza purchases.
We are far from alone when it comes to scaling back on our eating out.
American consumers love their fast food but price hikes are preventing them from enjoying a burger or burrito as often as in years past.
Traffic to big fast food chains has dropped 3.5 percent in the first three months of 2024, compared to 2023. McDonald’s, Wendy’s, Popeyes, Pizza Hut, and Chipotle have likely sold millions fewer burgers, pizzas and burritos.
How long before Bidenomics causes a complete collapse of the fast food industry? It probably won’t be too far in the future.
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