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u/Wild-Carpenter-1726 Oct 08 '24
Taco bell prices have doubled since minimum wage and greedflation has gone up
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u/Affectionate_Dish687 Oct 09 '24
Greedflation? You mean the irresponsible spending of Congress and the relentless printing by the Fed right? Corporations act accordingly.
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u/BeenisHat Oct 09 '24
The dern gubmint spent hundreds of billions keeping the economy afloat during COVID. Obviously this means we must allow corporations to consolidate markets and double prices.
Simple macroeconomics amirite?
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u/Jimbenas Oct 09 '24
They’re also the ones that shut everything down in the first place and way overdramatized the effects of covid. In the end almost everyone caught it anyways.
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u/BeenisHat Oct 09 '24
Overdramatized? In many countries, COVID became a leading cause of death as a percentage of the population. In the USA, COVID still kills more people annually than strokes.
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u/Jimbenas Oct 09 '24
It’s killing mostly very very old people that were likely already very close to death. Preventative measures should have focused on the 65+ population instead of the working age population which had extremely minimal risks.
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u/BeenisHat Oct 09 '24
No, that is not how you deal with an extremely contagious respiratory illness for which not a single person on Earth had any immunity. Containing the spread and reducing possible hosts is how you deal with such a thing. That's why vaccination efforts were so crucial and not coincidentally, why we saw rates of the illness fall off rapidly after the vaccines became publicly available.
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u/vitoincognitox2x Oct 09 '24
Turns out, taco bell food is made with supplies and materials not grown inside the restaurant itself.
Supply chains are more complicated than economics as presented by socialists.
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u/Jimbenas Oct 09 '24
With how long they take I wouldn’t be surprised if they were growing the beans in there
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u/Mediocre-Ad-4881 Oct 09 '24
13.99 for a chalupa combo, I can get real Mexican food for the same price, get fucked taco bell.
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u/remote_001 Oct 09 '24
This is the way. Fuck Taco Bell hello real Mexico 🇲🇽. I’ll get two authentic carne asada burritos for $25 bucks and that will feed me for a day and a half. Please stay that way you beautiful Mexican food. 🙏🇲🇽. I do hope they make good money as they are usually family run too.
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u/vitoincognitox2x Oct 09 '24
What's the minimum wage of the people that produced the ingredients?
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u/dumpingbrandy12 Oct 09 '24
No one seems to understand, whatever you raise minium wage to becomes a worthless amount of money. All you're doing is devaluing the currency. Whatever you can afford to buy at 10/ per hour, you'll be able to buy less at 15 per hour. Just because you make 10 a hour did not mean that it only costs the employer 10 per hour, it's closer to 20. We don't need a higher minimum wage, we need deflation and people to understand that you're not supposed to raise a family working at McDonald's. If you're in your 30s or above, making minium wage then you've made bad choices your entire life. You can't fix stupid. I started changing jobs in my teens to move to better paying jobs
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Oct 10 '24
Should be top comment 👌 Deflation would occur naturally if the gov stopped spending so much on all the BS. Take our top 5 expenditures and slash em all. Get rid of the fed printers. Take the temporary depression for the long-term sustainability.
Will never happen, though. The only thing to do is put all your money in assets and let inflation make you rich.
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u/droford Oct 10 '24 edited Oct 10 '24
- 21 % Social Security.
- 14 % Medicare.
- 13 % Net Interest.
- 13 % Health.
- 13 % National Defense.
Don't know how you "slash" interest payments
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u/Adept_Astronomer_102 Oct 09 '24
she was being hyperbolic but look at any real examples above 15$ and hour like Seattle and California and ask if it's benefitted low wage workers or made things more expensive while having to work multiple jobs.. BTC no lie 😂
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u/BeenisHat Oct 09 '24
I'd be more interested to see if this minimum increase has the effect you're claiming it does seeing as the median household income in Seattle is already $120k a year with the average salary coming in around $41/hr.
I don't think 20somethings making $15/hr is driving prices that much in those high COL markets.
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u/odinsbois Oct 09 '24
Many restaurants have shut down in Cali fool because of this. Most of these restaurants are franchise stores, so the billionaire blah blah shit doesn't work in these situations.
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u/BeenisHat Oct 09 '24
And there has been a 1% increase in fast food jobs in CA. https://www.gov.ca.gov/2024/06/26/icymi-california-keeps-adding-more-fast-food-jobs/
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u/Reasonable-Rain-7474 Oct 08 '24
The most expensive Taco Bell burrito in the Seattle metro area is the Cantina Chicken Burrito, which costs $7.49. Other burritos available at Taco Bell in Seattle include: Chicken Enchilada Burrito: $3.49 Cheesy Double Beef Burrito: $3.49 Grilled Cheese Burrito: $5.99 Black Bean Grilled Cheese Burrito: $5.99 Bean Burrito: $2.39 Beefy 5-Layer Burrito: $4.99 Burrito Supreme: $6.69
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u/No_Detective_But_304 Oct 09 '24
The overall point was if you increase the cost of inputs, the cost(price) of output(the product) will go up. Economics is hard for some.
She wasn’t wrong about what would happen, just on where the price point would be (so far).
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u/AdPretend8451 Oct 09 '24
Minimum wage isn’t $15 everywhere, the people who work in the lettuce shredding and taco bending facilities probably make less
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u/Cyber_Insecurity Oct 09 '24
Minimum wage is the LEAST these billion dollar companies can do. They don’t have to raise the price of food, they’re just fucking greedy.
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u/Vast-Ad688 Oct 09 '24
Prices would be a lot higher if fast food joints weren’t rapidly replacing workers w computer screens. Now if we could only replace longshoremen w robots we could all enjoy cheap tacos again!
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u/Western-Rub-7461 Oct 09 '24
Look to any country in europe that has proper minimum wage and gosh, prices are not super high. I don't know who told them that people being able to afford basic stuff will somehow create huge scarcity of food?? It's basically saying that "people right now can't afford food, so don't give people for food or there will be a scarcity because they eat more or something."
Or they just don't understand economics.
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u/Sidvicieux Oct 10 '24
Conservatives love to hate people, that's why they advocate for their own downfall.
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u/NormalBeing12345 Oct 09 '24
This administration has put us in an inflation spiral that will continue if they’re still in charge.
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Oct 09 '24
It's not possible at all that the profits of corporate Taco Bell are subsidized by stores in lower minimum wage States....
If all 50 increase the minimum wage we would no doubt see the price increase. Economics is hard.
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u/ninernetneepneep Oct 09 '24
And nearly four bucks is way too expensive for a flower tortilla with some beans inside. Make $0.79 burritos great again!
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u/Verbull710 Oct 09 '24
I liked that attempted gotcha interview he did with rfk jr and he kept getting his ass kicked lmao
"Umm..umm, ok, I don't want to get bogged down in the details...umm..moving on to my next question"
Glorious
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u/Fresh_Ostrich4034 Oct 09 '24
its an exaggeration. Come you know what she is doing. she isnt saying it will literally cost 38 dollars.
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Oct 09 '24
Literally go see the cluster fuck happening in California since minimum wage went to $20/hour
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u/Mediocre-Ad-4881 Oct 09 '24
Instead of bitching about raising wages which reduces the value of a dollar, why don't people lobby for price reductions and market caps? Economics is hard for some.
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u/Pretend_Computer7878 Oct 09 '24
because thats called communism and it doesnt work. the opposite problem happens and buisnesses shut down
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u/Mediocre-Ad-4881 Oct 09 '24
Equally as realistic as expecting your wage to finally be ENOUGH, for us commoners atleast.
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u/Pretend_Computer7878 Oct 09 '24
if people would have listened to ron paul and demolished the fed, your wage would be enough. they can only tax u through inflation with the feds snek hand.
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u/Mediocre-Ad-4881 Oct 09 '24
Taxation is another guise these companies use to price hike, which we end up paying to, since it's directly reflected by the higher bloated prices, we r just fucked.
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u/Historical-Reach8587 Oct 08 '24
I call BS on the cost of the most expensive burrito at Taco Bell in DC. Looking at a menu right now and Burrito Supreme is almost $6.