this post was submitted on 11 Feb 2024
924 points (100.0% liked)

196

16436 readers
1816 users here now

Be sure to follow the rule before you head out.

Rule: You must post before you leave.

^other^ ^rules^

founded 1 year ago
MODERATORS
 
top 50 comments
sorted by: hot top controversial new old
[–] [email protected] 32 points 8 months ago (2 children)

The thing that gets me, is that since 2018, I can confidently say that my wage has not even nearly tripled... It's barely even ~40% higher, and I've been on a fairly steady upward path, but the fucking McChicken has increased by almost triple.

I could not give fewer shits about the numerical prices. It's the relative price that annoys me. A trip to McDonald's (or realistically, anywhere) is that much more of a percentage of my paycheque.

And the icing on this shit-filled cake is that productivity has been on a steady incline the entire time. So we're doing more work, for the same wages, and prices continue to inflate.

Where is it all going? (Isn't it obvious)

[–] [email protected] 3 points 8 months ago (1 children)

You're getting wage increases?

[–] [email protected] 4 points 8 months ago

No. I just applied for jobs that paid more.

Eventually I got one.

[–] [email protected] 15 points 8 months ago

They're exploiting the fact that they've turned humanity into creepy, hopelessly dependent little goblins and it's horrific to watch.

[–] [email protected] 4 points 8 months ago (2 children)

This dudes reference is literally a capitalist giant bullshit product with completely imaginary prices.

Like, McDumb raising random prices is no clear indication of inflation. Rice, noodles and stuff are

[–] [email protected] 4 points 8 months ago

Tell that to the extreme poor who are dependent on McChickens to survive

[–] [email protected] 6 points 8 months ago

I think the Big Mac index is a somewhat good measure of buying power since it has to source so many local ingredients.

[–] [email protected] 4 points 8 months ago

But they said Genocide Joe fixed the economy and we have Jawbs and housing now

[–] [email protected] 26 points 8 months ago (2 children)

Kind of hate posts like this. Yes! Inflation is happening and bad. And yes! The McChicken (and a lot of fast food value options) have soared in price in recent years. But trying to take that and frame it as “look at this… it’s so obvious the government is lying to us and overall inflation is actually over 100%” Is just ignorant nonsense and it tends to play into conspiratorial minds who don’t actually have any experience in economics or data collection.

You can hate the federal government all you want. Really. I totally get it. But they are unfortunately really good at data collection.

[–] [email protected] 16 points 8 months ago (1 children)

Inflation for necessities like food and housing is ridiculous and exceeding 100% over three years.

Inflation for rich luxuries have barely gone up comparatively.

But all the reports are averaged.

So since the rich are doing so fabulous that their numbers make it look like no one is struggling.

Nevermind the fact that 60% of people live paycheck to paycheck.

[–] [email protected] 8 points 8 months ago (1 children)

Can you provide… anything to actually substantiate that? Maybe some food items like fast food value options have gone up 100%. Maybe some homes in particular, extremely high demand areas have gone up.

When you make these gigantic sweeping claims with nothing but vibes and the McChicken to point to it just feels like bad faith

[–] [email protected] 3 points 8 months ago (2 children)

Sorry Sealion, I'm not wasting my life to show you stats you can easily get off of the internet. There are literally 5 very high profile search results that will give you historical food inflation values.

You just want to waste my time because no matter what source I give you, you will find an irrelevant detail that lets you shift the goalposts again and again, and I've been through that dance non-figurativley hundreds of times.

The increase in food costs is obvious to literally anyone who does their own grocery shopping. The fact you don't understand this either means you are being deliberately obstinate, or indeed, do not do your own grocery shopping.

In either case neither types of people deserve a moment more of my time.

[–] [email protected] 1 points 8 months ago

Turns out food inflation as a portion of income is currently sitting at about 1% since 2000, and maybe 2% since 1990.

Ignorance is bliss though right?

[–] [email protected] 1 points 8 months ago (1 children)
[–] [email protected] 1 points 8 months ago

Here is an alternative Piped link(s):

https://m.piped.video/watch?v=pbyCT2mmlwg

Piped is a privacy-respecting open-source alternative frontend to YouTube.

I'm open-source; check me out at GitHub.

[–] [email protected] 8 points 8 months ago (1 children)

I get what you are saying, but think about it like this. If all you ate was McChickens then food inflation for you specifically was almost 300%. So even though "real" inflation was lower, you are still paying 3 times the amount you did before for your food.

[–] [email protected] 7 points 8 months ago

See I get that, and that’s absolutely fine. There’s just a gigantic difference between saying “hmm, it seems like inflation for ‘budget’ items used by poorer individuals has gone up at a higher rate than other items, let me see if I can find some info on that” and “nope! The government is lying, actually! I can tell from the vibes.”

One is very solution and truth oriented and the other is impatience that only sets them up to fall for further conspiracy theories and emotional arguement

load more comments
view more: next ›