Kevin Roberts remembers when he could get a bacon cheeseburger, fries and a drink from Five Guys for $10. But that was years ago. When the Virginia high school teacher recently visited the fast-food chain, the food alone without a beverage cost double that amount.
Roberts, 38, now only gets fast food “as a rare treat,” he told CBS MoneyWatch. “Nothing has made me cook at home more than fast-food prices.”
Roberts is hardly alone. Many consumers are expressing frustration at the surge in fast-food prices, which are starting to scare off budget-conscious customers.
A January poll by consulting firm Revenue Management Solutions found that about 25% of people who make under $50,000 were cutting back on fast food, pointing to cost as a concern.
The ridiculous part of this is that fast food is already subsidized by cheap corn, soy and dairy so their customers are getting screwed at both ends. I’m guessing we’ll see record fast food profits soon if we haven’t already.
Don’t forget the beef subsidies, too!
Per a 2015 Berkeley study, witjouy the beef and dairy subsidies, a Big Mac would cost $13 and a pound of beef would cost $30. Obviously both would be more now since inflation has raised prices by about 1/3 across the board and food prices have definitely grown faster than the average.
Right, and beef is in turn subsidized by corn and soy subsidies as cheap feed - plus whatever industrial surplus feed they can find, like Skittles, which are subsided again via corn.
I wish we’d end corn subsidies… They put it in everything. Just move those subsidies to hemp so people can have real sugar. Hemp would be there much better crop to subsidize since it does everything.
Ah, but you see - the proles might find a way to get high using hemp and that would hurt productivity. Better to drown them in corn syrup and obese corn fed factory farmed animals, then we can sell them diabetes medications and end of life care too.
Also obesity and other such diseases kill people at around the point they’re reaching retirement age, meaning that the typical prole can create wealth for others during the full or almost full period of wealth creation and then likely die just before or just after retiring, saving on post-retirement and old-age costs.
For the owner class in Capitalism, the perfect life expectation for proles is the one that exactly matches the retirement age.
Ironically The War of Independence, The French and Indian War, and The War of 1812 were all fought, in part, over hemp production or taxes.
Not only does it do everything, it captures carbon better than any other plant. It’s so effective at it, that one harvest of one acre of hemp removes almost 10 times the carbon that one acre of trees would capture. Thing is that hemp does that in 3 months allowing 4 harvests per year, while trees take 150 years on average to grow. It also stores 85% of that carbon in the roots of the plant, the “waste” part as far as we are concerned, so we could produce biofuel, paper, clothing, food, and housing from the stuff without harming the effectiveness of the carbon capture. All we would need to do is collect the roots, compress them into a density that will not float, and dump them into the Marianas Trench. That way that carbon will be trapped down there for a few hundred million years.
We won’t end corn subsidies because Iowa gets first pick in presidential elections.
The corn subsidies are here for a purpose. To ensure that we maintain a surplus so that we can avoid mass food shortages if a natural disaster such as the dust bowl of the 1930s wipes out several years of harvests. Hemp can’t be used as a food source.
So during a famine, we’ll have to live on what, canned corn for the duration? I think I’d rather eat the hemp.
I’m no farmer, so I could be way off, but I feel like there are much better crops we could keep in surplus in case of famine.
Corn is used in cereals, tortillas, chips, as a sugar substitute, and as animal feed. The one thing you won’t be eating is canned corn because that’s not the kind of corn that we subsidize.
Corn is actually probably one of the most effective crops we could use in a surplus
It’s used in all of those things, but it’s not the only ingredient. On it’s own, corn can’t make a ton of unique products, you have to mix in other crops/ingredients and process it.
Hemp is a complete protein. Corn is not. Remember the gruel that Scrooge was eating? That’s hempseed. Hemp can be used for food, clothing, shelter, paper, biofuel, and a fuckton of other uses.
I’m not meaning to disparage the other uses of hemp.
I’m not an expert in the uses of hemp for food but we already have the cultural palate and infrastructure for cornmeal and cornflour products, not so much for hempseed right now. If we had that back in the depression, maybe we would have subsidized hemp instead. Maybe attitudes could change in the future and we could shift to subsidizing hemp in the future. I know of a couple big hemp farms that have popped up near me, it’s possible. But it’s not feasible right now.
That’s the exact same argument that my parents, and a ton of other Democrats, hit me with about Bernie in 2016. I love how any progress at all is never feasible right now.
pours glass of hemp milk you can eat hempseed