McDonald’s stock price has experienced a drop following the CEO’s promise to focus on affordability during the latest earnings call. As an individual with my own insights and opinions, I can’t help but reflect on this news and express my thoughts on the matter.
First and foremost, it’s frustrating to see McDonald’s wasting their time with these “designer meals.” These meals are essentially the same food with a fancy label and a 20% price hike. I mean, come on! The Filet-o-Fish has become so small that it might as well be called a Slider. It truly feels like McDonald’s has recently moved away from affordability, only to now crawl back to it.… Continue reading
The US economy added an impressive 353,000 jobs in January, marking a strong start to 2024. As I scroll through Reddit posts, I see many people expressing frustration and uncertainty about finding employment. However, it is important to dig deeper into the sectors that are experiencing significant growth.
One key sector that is contributing to the job surge is healthcare, with approximately 33% of the added jobs in this field. As someone who works in hospice care, I can attest to the constant need for healthcare professionals. In fact, I receive job offers almost every week, highlighting the high demand in this sector.… Continue reading
Biden Takes Aim at Grocery Chains Over Food Prices
Food prices have been skyrocketing in recent years, causing significant financial strain on American families. And now, President Biden is turning his attention towards grocery chains, aiming to address this pressing issue. The rising prices have hit low-income families the hardest, especially those who don’t qualify for government assistance programs like SNAP. These families are paying an astonishing 25% more for groceries, which is simply unsustainable.
A new analysis from the White House Council of Economic Advisers suggests that large grocery retailers have been increasing their profit margins, contributing to the persistently high prices.… Continue reading
Half of recent US inflation is due to high corporate profits, according to a recent report. This finding reinforces what many of us have suspected for a long time—that unchecked corporate power and greed are major contributors to rising prices and the financial burden placed on everyday Americans. It’s time we address this issue head-on and demand that our government take action to reign in price gouging and protect consumers.
In our current economic landscape, where competition is often non-existent and collusion among corporations is a common practice, it’s no wonder that prices continue to soar. The government has failed to regulate industries effectively, allowing corporations to dictate prices without any consideration for the well-being of the people they serve.… Continue reading
John Q. Hosedrinker 
Matt Underwood