Grocery prices fell in April

You got to love how he uses 2019 as a baseline for "since Joe Biden came into office." Almost like he figured people wouldn't think through it (hint, Joe Biden wasn't President for any of the days in 2020).

To give you an idea of the impact of that, from 2021-2024, the price of the Big Mac increased by 16.4% according to this data. Using this data from 2019, they claim an 87.7% increase from 2019-2024. A Cheeseburger at McDonald's increased by 55% from 2021-2024. But the claim in this data is that it increased by 215%. So, basically, the majority of that inflation appears to have happened in 2020, but Clay Travis tries to claim it happened under Biden, who, at the time, was not President.

https://www.restaurantbusinessonlin...eal-inflation-story-instead-look-cheeseburger

 

Customers do not patronize food restaurants because the food is healthy. They do so because it's cheap and convenient. Price is the primary reason, quality or lack thereof is usually not a factor. Customers especially the less affluent are patronizing the restaurants less since they're no longer all that cheap. In fact when McDonald's tried marketing a healthier alternative to their usual burgers it was a dismal failure (any remember "the McLean"?).

 

$13 for a cheese omelet, potatoes and a biscuit at a local restaurant. Why is it more for 2 or 3 eggs, cheese and what amounts to a half a potato than it is for a burger? As long as people pay it restaurants will charge more and more.

Understanding there are more costs than just food costs I find it hard to believe that breakfast now costs as much if not more than lunch and dinner. Just seems like an opportunity to increase prices across the board and see what sticks. There used to be a definitive price point difference between meals but now it seems as if restaurants have set a baseline expectation to extract the most amount at every chance. Granted that is the idea behind business but it seems like there used to be at least a little balance for value, quality and price whereas now it's just shrinkflation, increase price and lessen quality until the dam bursts.

 

I'd try to change the subject as well if I was arguing that prices haven't risen a bunch in the past 4 years LOL.

 

Wait, 2019 is 4 years ago?

As I pointed out, most of the inflation, at least in regards to the McDonald's prices claimed in that post actually occurred in 2020, not in 2021-2024, which is when Biden was President, unlike what your source claimed.

You fell for it apparently.

 

Hmmm, here is screenshot of a 2020 McDonalds menu. Let's look at a few prices from 2020:
McChicken: $1.79 Now $3.89
Big Mac: $4.59 Now $7.49
10 McNuggets: $4.89 Now $7.58

So most of the inflation happened in 2020? What color is the sky in your world?




McDonalds Drive Thru Menu Prices, 2001 vs. 2020

 

I asked before and you went silent. What do you think are the 5 major drivers of inflation? Do you believe that the US is the only country experiencing inflation? Be serious if you want to be considered credible instead of drive by memes

 

If you had actually read the article I posted, you would know that you can't look at one menu, as Big Mac Prices in 2021 ranged from $3.79-$6.39 depending on location in the US.

BTW, what is the source of Travis' data that you are defending so vigorously?

 

I'm not defending it so vigorously. You tried to say most of the inflation happened in 2020. I showed an example showing it didn't. Oops.

 

Okay, then explain to me how a 16% increase in prices from 2021-2024 is the majority of an 88% price increase for a Big Mac since late 2019?

 

I don't read most of what you link. It's usually just a laugh and move on. You called out the data for being 2019 and not 2020. So then I posted real prices from 2020 and then you didn't like that data either LOL. Tough L for you Sport.

 

Actually, I called it out for being from 2019 instead of 2021. Thanks for confirming that you can't actually defend your post. You didn't post data. I did. You can't figure out anything to say. Thus, you lose and are trying to deflect from that fact. Better luck next time (you will need it)!

 

You obviously don’t know how Bidenflation is studied.

Unlike the economic inflation measures you may be familiar with, which use a “fixed basket” of goods and controls for outliers.

Bidenflation is calculated by showing the lowest price one can find on any old receipt from 2019 (!?), and this is commonly compared to the highest price that can be found anywhere in 2024. Instead of a broad survey, the Bidenflation inflation metric seeks to find “an example”, preferably presented as a meme.

 

Here is a direct quote of you saying most of the inflation happened in 2020. Oops. LOL. Can't make this shit up. Thanks for the laughs.

 

Which is true if you buy the unsourced Clay Travis data that you posted and the data from Early 2021. However, the correct date for the start of Joe Biden's Presidential term is January 2021, not 2020, as I pointed out in the post you just pictured. Glad I could help you out. You seem confused. Perhaps slow down next time and try to read the post!

 

Other grocers

Target, Aldi cut prices on staples like chicken, diapers and pet food as shoppers rack up grocery debt

 

LOL. Keep deflecting Sport. You argued that prices increased in 2020, not in 2021-2024. Oops! Swing and a miss!

 

Fact: Data that I linked showed a 16% increase in prices for Big Macs from 2021-2024.
Fact: Data you linked showed an 88% increase in prices for Big Macs from 2019-2024.
Fact:Joe Biden became President in 2021.
Fact: The biased source you chose blamed the 2019-2024 price increases on Joe Biden, who wasn't President in 2020, when most of those increases must have happened based on the data.

BTW, you realize that a picture from 2020, which is part way through the year, wouldn't be used to eliminate 2020 inflation from the equation, since it wasn't taken on December 31, 2020, right? Also, you realize that a single picture of a price at a location doesn't capture average price like data does, right? Kind of a big deal for a product with substantial price differences by geographic area.