In case you needed another recession-indicator. Same-store sales at McDonald's, KFC, Pizza Hut, Cheesecake Factory, and Starbucks are dropping. While they're still increasing prices. Implying a big decline customer traffic. Wouldn't happen in a healthy economy.
I haven't eaten take-away "food", nor chicken, for 51years. Eggs, bacon & butter are also off the menu. Eat at home and eat healthy. Having a veggie garden is a great starting point, towards good health.
I think something has been overlooked - Maccas never did nor ever will provide 'quality food'. Sugar is king, trans fat is king, obese captive customers are king and the electronic menu board is just another way to commit you to parting with your hard-earned dollars. Quick cash, easy cash and the universal cash gouge making the consumer the dill pickle in the burger deal.
@@jackwilson3121 For sure... there is no way you could live in San Diego on 50 to 60k. Unless you had room mates. But maybe if you live in Kansas it would be fine. Good point.
It's because of the prices. Chemical in the food is the last thing on most people's minds. Trust me, I tried to introduce healthy stuff to people and they cared about favor. If what you say were true then people wouldn't be doing drugs, drinking alcohol, and would be working out more and we wouldn't be the most obese country.
McDonald's has gone down in price since they give free fries and most of the time they have really good deals. I rarely spend more than 5 bucks on combos using their deals on their app.
Agreed. My dad used to get me McChicken sandwiches when I was a teenager (~2006-2011) because back then they were only a dollar. They tasted so much better back then. Nowadays, whenever I get a McChicken, which is now around a whopping $2.99, it's usually made with an old patty, almost never hot, and very bland.
Here is why I stopped going: 1. Customer service, employees are rude and the restaurant is dirty 2. Food taste like microwave food 3. It is too expensive $15-17 for a meal 4. They got rid of the soda fountain. No free refills 5. The ice cream machine is always broken
I think a lot of it is what he described in the end. It feels like a cold institution now, kids don’t wanna go anymore into the lobby because there’s no more characters. no more fun, no more playgrounds. It’s not a welcoming experience.
The ice cream machine being broken is a part of the contractual agreement between McDonald's and the ice cream machine manufacturer, who are the only ones allowed to fix the machines.
I am from Croatia, and the last Time I was in McDonald's a Month ago I was so shocked! "Big" Fries, that I call "Small" Fries where 4.20€! That Insane! They shoulden't cost more then 1€!
Shrinkflation has always been a method where these corporate pigs rip us off. Boxes of cereal or bags of chips with virtually nothing in them! Numerous other examples as well!
I would love a burger and fries. But when I think of the zombie _lost-the-election_ ByeDone-high gasoline prices, that no eating out place is cheap anymore, why not just get some boring whatever-is-in-the-fridge stuff out and make do? Just starting up the car is way too expensive, like we are under "house arrest" under the mismanagement of the evil elitists and the corrupt liar Democrats. Who can really afford to go anywhere, other than to work, like we are under some sort of DUI work-release program? And I do not even drink.
Exactly, these American franchises like McDonalds, Burger King, KFC, Subway and also those awful coffee places like Starbucks are a massive stain on our highstreets.
I am an American. I cannot for the life of me, figure out why, the UK does not have a fast food chain, which sells UK style food, at a reasonable price? Maybe like fish and chips, or some such thing. Every single country and society has culture specific foods, at affordable prices, so why not that answer in UK? Or elsewhere? Japan, Germany, etc.
I would never pay $15 for a burger, drink, and fries from McDonalds of all places. I go to my local burger shop and get a big juicy burger (with real meat) and it's $5. Plus, the service is so much better. The reason we all loved McDonalds was that you could get a whole meal for $3. Consumers will never go for these prices. This is just the beginning of their downfall.
There is also a growing number of people across the world 🌎 boycotting these companies profiteering and sending money to support the ongoing 76 year old genocide and Holocaust . Me and all my acquaintances have totally ceased and desisted ever entering these evil corrupting corporations .
When I was a child, me, my mom and her parents would go to McDonalds on Saturday nights. The adults would read the early edition of the Sunday paper (bought from a paper boy on the corner). We'd have "dinner", and then stay there for hours until the paper was finished. No one in my family was overweight. Being a kid, I rode miles on my bicycle and played games in the woods. My mom and grandparents were active doing gardening (like real gardening such as growing vegetables), doing house repairs themselves, but none of them actively "exercised". You exercised by working and doing the things that needed to be done at home. We had no idea back then just how good we had it.
That sounds like how humans SHOULD live. It sounds like a dream. I wish everything was like that. Now, I literally need to use an APP ON MY IPHONE to even access my apartment building
I honestly know what you’re describing. That was when MCDonalds had a real playground and it was treat for the you as a kid. You felt excited to get out in town and Riding your bike was a way of life until the street lights came on. I grew up poor and just accepted it and didn’t know better.
When they switched the beef tallow for cheap oil, you didn't say anything. When they greenwashed the iconic red roof, you didn't say anything. And when they raised their prices to insane levels, there wasn't anyone left to say anything.
I think the CEO is huffing that copium by saying it's only the low-income people that stopped coming. If I made a hundred thousand dollars a year I'd still not want to pay more than ten bucks for a merely passable burger menu.
Eating garbage was acceptable when it was dirt cheap but if you going to cough up 10-15 bucks for your meal then you better off eating a real burger with real meat, it’s pretty simple and predictable.
@@dreammaker9642 the meat of the quarter pounder and homestyle burgers is real unfrozen beef. However, the oils and sauces used are not good. The bread is bad too.
@@TheBatman777 it’s still garbage quality 😂 you can freeze a real quality steak thats fine it’ll still be good but garbage quality is garbage quality so when you pay 5 bucks for it fine but when you charge 10 bucks for a burger you can get a real burger with a real good beef for that price. Hell you can literally go to your butcher get some good meat have him grinder for you and make your burger in the grill for cheaper than that. 1/4 pounder at McDonald’s tastes like cardboard
@@dreammaker9642 less than $10 for a pound of wagyu buger meat at walmart.... that's around 4-5 wagyu burgers for less than $30 for condiments and bread... some people just like bitching about their laziness, cept they blame mcdonalds for something they can control, which is not going there or worrying about what they're charging.
@@replynotificationsdisabled exactly, same people that will try good beef for the first time and say it tastes like game meat 😂 like no fool, that’s what meat is supposed to taste like you just used to eating cardboard
@@northernbohemianrealist they aren't even fast, I'd rather wait the 5 minutes for decent food and a correct order. No point in being fast if they make the customers come back to correct their mistakes...
People used to eat fast food because it was cheap. Everything tripled in price. I remember getting two large 3 topping pizzas from Pizza Hut for like $20 couple years ago. Now two larges with 3 toppings is $60. Fuck that shit!!!
You are NOT lying about $60 for 2 pizzas. The pizza hut in my area is actually still really freaking delicious so when we're buzzed, our dumb asses pay it, but enjoy the hell out of every bite. Lol
Everything has doubled in four years but people will vote for far left wing Kamala because "orange man bad." And we'll end up with four more years of this. Eventually there will only be poor and rich people left in America. Trump being elected won't stop this but it will delay it. And the green car nazi stuff from the far left.
True story: my 16 year old son worked at two different McDonald’s this summer. After three weeks he was accused of something he never did. So we had him quit. We tried a different one and it’s run by 20-30 something hillbillies that are in a clique and basically bullied him to quit. I was shocked at how bad management is and how they see workers as totally disposable. He just wanted a summer job. The managers were always smoking outside when I picked him up and if he screwed up an order they would send him home. They had no real concern for him at all. Then they wonder why they can’t keep employees.
You’re spreading misinformation. Snopes already debunked these lies. I’m old enough to remember when Big Macs arrived on the scene…they are essentially the same now as they were then.
Ahhhhh..., the downfall of McPoison!!!!! Love it. But when you're paying employees upwards of $20/Hr to flip burgers, and the food prices have gone through the roof.....Bound for fail. And the food they "serve" is not even close to nutritional. Not even for my dog in a pinch. R.i.p. McPoison.
Don't let these corps turn the peasants against each other. They pay upwards of $25/hr in Europe and charge the same (and sometimes lower) for their food, whilst still turning a profit. Same way that their strategy to now 'rethink their pricing structure' proves that it was BS to blame their price increases on 'inflation'. And don't get me started on insulin prices outside the US (even look to Canada, let alone Europe).
Eating out has gotten ridiculous. Lunch for 2 at a restaurant is $80 these days. And then they want 20% tips everywhere. I’m avoiding eating out as much as possible.
I can't speak for McDonald's, but for a lot of restaurants it's because wholesale food prices are still sky high as are their energy bills and rent etc.
Boycott them all. Many of us working poor people have long carried a cooler to work, as eating out was even back when, too much of a "luxury" unneeded expense. And now you do not even need ice. Gel packs are more convenient. Just pop it out of the freezer, back into the freezer when you get home. Carrying a cooler can save $hundreds even $thousands a year. That is significant for those of us with low wages. Most every break room has a microwave oven.
The beef alone is 7 bucks. Fries if you don't want to peel and cut the fries are about 6 bucks. Bread is 3 dollars. Cheese is 3 dollars. That's $19 on ingredients just to make 4 burgers. Not including soda , time spent cooking and gas, electricity.
I worked at McDonalds in the early 1970s and worked myself up to be an ass't mgr of a new store. Boy, on Friday and Saturday nights our lobby was packed and we were grilling hamburger patties 48 at a time as fast as we could. Back then they tasted good. The thing that turns me off about McDonalds food now days, besides the employees getting the orders wrong, is I never see anything being cooked on the grill. I think all their hamburger patties are precooked and then put in a food warmer now.
McDonalds is dead to me. For decades I would go and get two cheeseburgers with fries and end up with that “yuck” feeling every time. Conditioning as a child was very powerful. I shook that and don’t miss it at all. If someone doesn’t start eating there as a child I really doubt they would start as an adult. Soulless, nutritionally bankrupt, and expensive. What a combination. All things come to an end.
Oh yes, maybe just due to getting older, but once when in middle age, driving all over England for my job in the 1980/90s would often pop into McDonald's and KFC. But last year do due to being very tired and no food in my house, took out a McDonald's, could not believe how expensive it was and when getting it home, could not believe how bad it looked and totally tasteless.
McD always gave me the McShits. I’m from the UK but have been to the US many times. The quality difference is night and day. The last one I went to in the US was San Francisco. It was way below average. The service was terrible. The meals looked anaemic. To consider how much you guys are having to cough up now is just insane to me.
@@rcruzthomas but but but, they do so much work that us mere peasants can only dream of. They deserve every dollar of it, while we need to work harder and complain less.
How much of an impact would that be? If I remember correctly, if Disney’s CEO salary were to be taken away and give to its employees. Everyone would get .50 cent raise.
Just to put things into context if the CEO of McDonald's worked for free then McDonalds could lower the price of every Big Mac by 3 cents. Just the Big Mac sandwich, none of their other menu items. So yeah the CEO makes a lot of money but his salary is hardly even seen in the price you pay. The CEO makes a fraction of a penny per customer.
@@jonathantaylor6926 the problem is not what the CEO make, the problem is that there is no accountability at the top. If they mess up, they will still get a severance pay and be warned in advance that they are going to part way. Meanwhile, if you are an average joe, you will get fired on the spot. And as far as I can tell, if the company is doing poorly, ain't no CEO, CFO, or whatever taking a paycut. However if you are on the bottom tiers you either take a paycut or have your workload doubled simply because your coworker was fired so the company can save on his wages. If the same responsibilities applied to top management as it does to the rest of the company then there would be far less people complaining and there would be way better management. However when you insulate the top management from any consequences them you end up in the situation we are currently in.
Yes! I don't exactly follow what ingredients, oils, etc. they use but back in the day (honestly, not TOO long ago) I used to go there and although I always knew it wasn't the "healthiest" thing to be eating, it at least tasted decent. Lately, if we stop in and that's if we legitimately feel like being lazy and grabbing something real quick to satisfy the hunger, it tastes horrible and I legitimately feel disgusting afterward. Something within the recipe has definitely changed for the worse.
I’m in London UK 🇬🇧, These restaurants have became a refuge for the homeless to sleep. Full of Uber delivery bikers who don’t speak English, It’s became a dump
I bought 1 double quarter pounder, 1 cheese burger, 10 pack nuggets, , ice cream and 1 apples pie, it cost me 38 bucks. It was the first time in years I bought McDonald's, it was the last time I waste my money there.
Are you kidding me? You obviously know nothing about the slim margins restaurants operate under. It isn't corporate greed-it's inflation. They have to raise prices to stay in business because the dollar is becoming worthless because the US government printed trillions of dollars it doesn't have. Only an idiot thinks "greedy" restaurants arbitrarily raise prices to put themselves out of business.
They reached complete market saturation. The only way to continue growing from there is to make life worse for their employees and raise the prices. This is the capitalist trap of megacorps. The new buzz word is "enshittification".
I worked in fast food over 50 years ago and things were very different !!! The manager made sure all the sandwiches were made correct and not just thrown together and stuffed in a wrapper. And the QUALITY of the meat was very different and didn't taste like cardboard like it does today. It's a joke when you go into a McDonalds or a Burger King for that matter the employees are not really interested in serving a good product and all you can hear is laughing and cutting up from the front line to the kitchen area. I guess that's what you get for 14-20 dollars an hour ??? And yes the prices are insane, I stopped eating any of that garbage years ago.
At the end, your mentioning of the lack of people is spot on. I hate the sterilization of McDonald's. It's so robotic and terribly laid out now. I never like going in them anymore.
I think investors should always put their cash to work, especially In 2024, we'll start to see more market diversification. I'm hoping to invest about $350k of my savings in stocks this year. Hope to make millions in 2024.
@MaryLawson874 I think having an investment advisor is the way to go. I've been with one because I lack the expertise for the market. I made over $490K during the recent dip, highlighting that there's more to the market than we average folks know.
@@EdmundEthan093 once you hit a big milestone, the next comes easier.. would you mind dropping info of your invt-advisor please? i'm in dire need of proper asset allocation in order to achieve an optimal portfolio till year end, thanks in advance ..
Jessica Dawn Walters is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
@@EdmundEthan093 I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an email shortly.
I live in Canada. My local McDonald's charges $18.00 (taxes in) for a Quarter Pounder combo with cheese, medium fries and a drink. I can make the same thing at home, for $4.00 with stuff bought from a grocery store. With a fraction of the sodium, carbs, and fat. No waiting in the drive-thru line, no waiting in the restaurant. If the weather is crappy, no need to brave the weather to get in my car to drive to a McDonald's restaurant. No hefty delivery fees, either, if I were to order in. It's all good. I'm done with fast food. A couple of months ago, I went to a Subway location to get a footlong steak and cheese sub. It was a whopping $25.00 after taxes, and the quality was poor. Never again. I could make the same thing at home for less. Fast food joints are basically shooting themselves in the head with their greed. A reckoning is coming, and it's going to be ugly.
In Canada...same thing for...$18 for same meal...i cancelled my order and went across the street to a Chinese buffet all uou you can eat for $18....which included even dessert choses....even included breakfast food too.
for 25 bucks i can get some quality meats.. good salad.. have a nice bbq with 4 people.. instead of eating a foot long and be hungry again 2 hours later.
It’s not only in America. Recently I was in Europe and I was shocked to see the fast food prices. Let’s be honest, it’s not even real nutritious food. I am not even sure it’s actually food. Might be filling up your stomach but it’s not food. Younger generations like my 29 year old do not ever want to eat in fast foods. Not only it’s expensive but it’s not healthy. And their generation is very health and planet conscious. Now, looking at developing countries where I spent most my life, when 30 years ago even in a very small paycheck, people could go once a week to a McDo for a what they called a treat. It was the low income outing. Now, in same countries , the McDo are empty. It’s 8$ in a country where the minimum wage is 300$ a month!!! Lastly, McDo had the terrible idea to put self ordering screens. And everyone that has ever used it knows it’s a f*cking trap! You are always going to spend more than what you initially planned to buy and then , you wait once to order and wait again for your order. It’s not fast food anymore. It’s slow and it’s expensive. - bottom line , all restaurants serving sh*t deserve to die! American deserves real nutritious food ! Actual food! Not crap! And everyone else on the planet too.
Last time I went to McDonald's I waa disappointed. It was not my hap hap happy place. It was depressing. The manager was rude. The service was poor and slow. The quality was low. The restaurant was dirty. And it was dark and gray. Broke my heart.
I haven't meant to McDonald's in a very long time and I don't miss it. Especially when I see the prices on their garbage food. Down with McDonald's the hell with them.
I won’t go back to fast food due to their extreme greed during a hardship time of our country. They can go out of business for all I care. Those prices they charged and their complaints of paying people a living wage was disgusting. Especially if you look at the huge profits they were making and using those profits to buy back their own stock. There’s consequences even for big corporations. I hope the future brings better companies that care about their customers and communities they do business in. Goodbye McDonald’s and good riddance.
Honestly, you should stop eating fast food b/c it isn't real food. Especially McDonald's. Expecting for-profit corporations to not be greedy is a bit foolish, don't ya think 🤔 😬
Do you understand that you can go to Olive Garden and get their all you can eat salad, soup and breadsticks for $9.99 during the weekday? Why the hell would i pay $10.00 for a stupid Big Mac meal when i could get all the quality food i want for the same price??? McDonald deserves to go out of business. I won't buy from them anymore.
Smell the KFC mashed potato the next following day that shit smells like pure shit and if I make mashed potato and gravy and leave it overnight on my stove that shit does not smell like that. Eat my food. The following day KFC is fucking awful.
About 6 months ago all of the McDonald’s locations in my area, and probably everywhere, started getting very stingy with fries. Prior to about 6 months ago, going back many years, every time I would order any size fries, the fry container would be overflowing and spilling out in the bag. Now in the last 6 months you fry containers are barely half full. I’m not saying they have to continue giving people extra fries, but when all of the restaurants stop doing that it’s just another bad sign for them. Inflation is pay more or the same and get less. But it’s not only McDonald’s. I’ve noticed other fast food restaurants are giving smaller portions and charging the same or more.
@@nitroneonicmanIn-N-Out is a family run and family controlled business. That's how they offer the quality. Along with that quality, they serve a high number of customers and volume of food daily. They aren't a corporation, like McDonald's.
@@dvader3263 saying In-n-out is family owned is like saying Wal-Mart is family owned. While technically true, it's a misrepresentation. In-n-out is absolutely a corporation, just go to their website and click the link that says "corporate".
I remember in 1959, our family of six got two bags full of burgers and fries for $5 dollars. Also remember Dad getting mad at Mom for spending $25 as we were walking out of the grocery store with four full bags of groceries. Same bags of groceries now would cost around $200/250.
They got too greedy & raised the price for smaller portions & crappier food quality. McDonald's is a scam. For those prices go eat at an actual restaurant or better yet make food at home
The whole of America is so expensive now. We used to come twice a year. Once to Florida and once to California. In CA hotels are nearly $500 a night. That's just way too expensive. Food, car rental, hotels are off the charts. So until it changes back, we'll be staying away.
@@Darklogan-r4b their fillet o fish is so bad. The fries are OK but not great. Who the hell is still going there? It seems like it's a bunch of really old people from what I have seen in my area. The drive thru is empty now during lunch hour when it used to be a huge line.
Companies like McDonald keeps forgetting the core value of their company for profits. McDonald was originally a restaurant that made burgers as cheap as possible to serve as many customers as possible. Now they are selling burgers almost as expensive as a real burger joint, to increase their profits as much as possible.
Just how dirty? A McDonald's in St. Laurent area of Ottawa, Ontario, Canada, had the exact same fecal smears on their walls for so many MONTHS. I used to work as a janitor elsewhere, and I could tell the wall behind the toilet had never been washed. Yes, I brought it up to the staff, repeatedly. No, they never did anything. Run for your life.
I'm consider poverty, now and just retired last year. According to the IRS! I was middle class, all my life until this this. I could always buy a new car after three to four or five years. I couldn't buy a new car if I tried. Now. This country is in REAL trouble!
Many businesses are losing touch by removing service from their offering and the younger generation who don't remember what it was like to have service are accepting it. Fast food used to be an occasion meal, something special. It's no longer special.
Agreed! Especially the point that fast food used to be an occasion. I am out on McDonald’s as are many other’s. You get nothing for the ridiculous price they charge. A Big Mac meal is about 13 bucks. Big Macs are basically all bun and some lettuce and sauce now.
@@beltex63 that's actually not true. McDonald's has been having record profit years the last couple years they can easily pay people more they just rather be greedy and give the money to the top.
Bernie Sanders pay attention, we've been saying this for years you big dummy... when you have to pay unskilled workers 20+ dollars an hour, what do you expect the response to be in order for businesses to stay open? Instead of taking art and cultural anthropology courses in college, how about an Econ 101 class. You have to pay people according to the supply of labor and what that labor is actually worth.
In Serbia every store takes cash! 👌👍 If they didn't, they would close soon...😂😂 We don't change our way of life for any corporation! They are the ones who have to adapt to people! 👍
I'm in Central NY and see it here as well. When employers are forced to pay higher wages combined with what you've mentioned in this video, I am not surprised with their decline. They lure you in then rush you out. Way to go McDonald's!
Theres more going on behind the scenes at McDonald's, They were known for hiring lots of people, but at the lowest possible pay all the while top executives were raking in multi- million dollar salaries and bonuses. As soon as there was a pay increase and failed attempts to unionize, immediately they cut jobs, installed screens to order, and jacked up prices because those same execs. are promised those bonuses no matter what the cost, they'll get it from somewhere, right! not to mention all the dividends they need to have on hand for investors, but no one talks about that!
Not yet. We still have the bubbles to pop and the really nasty recession or depression that follows. If that doesn't happen we just hyperinflate into nothingness. Screwed either way now.
Let's not forget the fact that Mcdonald's can never get the order right either. I've quit going because the quality of food. Every time I go to mcdonald's it makes me sick to my stomach afterwards.
Too funny, just walked into McDonald’s (New Jersey)to pick up food for fellow workers (I won’t eat the crap anymore) The manager was going around and telling every employee they are cutting the hours of every worker in the restaurant. One of the workers said “again”. There ya go…boots on the ground reporting..
The sign telling customers to limit their time in the store to 30 minutes is a bad idea. They should want customers to stay longer in hopes that customers will buy more, maybe a dessert or another item to take home.
McDonald's at one time charged 35 cents for a hamburger, coke and fries, they buy these food products at wholesale or below then charge 3 or 4 times the amount at retail... disgusting company.
I worked at MacDonalds way back in the 60's. I think the hamburgers were 15 cents and the cheese burgers 20 cents. When the Big Mac first came out it was like 59 cents. You could get 10 hamburgers for about 1.50.
Thats how it works when you have to pay for the labor of your staff, the building, utilities and everything else. Restaurants all mark up the price of the products in order to make a profit and sustain the business. And because of inflation everything needs to be raised that much more because their costs go up too. This aint brain surgery.
You got that right. Shout it from the rooftops. McDonald's is not a restaurant business, it is a REAL ESTATE COMPANY that preys on franchise holders forcing them to renovate etc. The food is NOT the real business
Mcd has been out of touch for a long time. Just walk into any in-n-out in CA, always packed, drive thru lines 15 min long. Employees are high energy, super efficient. Stark contrast with Mcd. No wonder Mcd is bowing out of CA.
1. Price rises. 2. Smaller burgers. 3. Crappy Meals and their crappy cardboard toys, and minions all the time that no kid actually likes. 4. Idiot cashiers who tell you that items that come with specific meals can not be sold individually, but the next McDonalds will do it, because the cashiers just don't know how to ring it up on the registers and just lie straight to your face. 5. Not hiring enough staff fir peak hours to serve inside, drive through, Cafe and cleaning.... stop being tight asses with money and pay more staff to be on.
$3.00 for a hash brown at McDonald’s in Cali. Food is nasty. Customer service is poor. You order in the drive thru and now you have to park your car before you get your food. Weird.
They NEED to find a way to make their food affordable again. There’s a cutoff point to excuses from corporate for raising prices when you’re not improving quality. CostCo has kept the hot dog and soda combo at $1.50 for decades now.
