As President Joe Biden has been presiding over an inflationary spiral since he took office, the cost of a fast-food dinner has skyrocketed.
Fox Business notes that in 2019, a Big Mac sandwich at McDonald’s cost $3.99, but it currently sells for a whopping $8.29, according to Fast Food Menu Prices, which also reports that a BLT Footlong at Subway that cost $5.50 in 2019 can now sell for as much as $8.49. Chipotle’s chicken burrito in 2019? $6.50. Now it can be $10.70.
The Federal Reserve Bank of St. Louis posits that fast-food prices, which have risen faster than inflation, have soared more quickly than the salaries of most employees at their restaurants.
“A recent survey conducted by LendingTree found 78% of consumers now consider fast food to be a ‘luxury’ purchase due to how expensive the meals have become,” Fox Business pointed out.
Dan O’Donnell of the MacIver…
