Bidenomics At Work: Fast Food Prices Soar

Fast food is no longer financially healthy. President Joe Biden’s “Bidenomics” mistakes raised the prices of popular fast food items.

Because different racial and cultural groups consume varying amounts of fast food, the impact of fast food inflation varies. Fast food consumption rates among non-Hispanic black people are 42.4 percent, compared to 37.6 percent for non-Hispanic white adults, 35.5 percent for Hispanic adults, and 30.6 percent for Asian adults, according to the Centers for Disease Control and Prevention (CDC).

Popular foods have increased prices, which may be causing Biden political troubles. A Wall Street Journal survey revealed that, in a sharp rise from 2020, thirty percent of black men and eleven percent of black women want to vote for former President Donald Trump.

According to the Food Institute, Popeyes, Taco Bell, and Chipotle have increased their costs by a minimum of 75%.

  • The dish is Popeyes Standard Mashed Potatoes with Gravy (plus 134%).
  • The Beefy 5-Layer Burrito from Taco Bell (+132%)
  • Wendy’s Mini Frosty (up 111%).
  • Chalupa Supreme from Taco Bell (+110%)
  • The Burger King Small Ice Cream Condiment has a temperature of +101.
  • Cheesy Gordita Crunch Taco Bell (+100%)
  • McChicken at McDonald’s (+199%)
  • In only the first week of April, prices at over 500 Chipotle locations in California increased by 6% to 7%, according to the Journal.
  • Chick-fil-A’s Haskett Research Advisors projected that between mid-February and mid-April, prices increased by 10.6 percent, Shake Shack by 7.7 percent, and Starbucks by 7.8 percent.

Biden erroneously claimed twice in May that inflation was 9% when he began office, placing the responsibility for inflation squarely on Trump.

“No president has had the run we have had in terms of driving down inflation and creating employment,” Biden said to Erin Burnett of CNN. “When I took office, the percentage was nine percent.”

“There is corporate greed present, and it requires attention,” Biden said, blaming both big and small companies.

The Biden administration’s most recent storyline to shift blame for skyrocketing expenses is “corporate price gouging.”

White House deputy press secretary Andrew Bates recently asserted, “Biden’s top economic goals are combating inflation and decreasing expenses for the American people.” “At the center of that battle is resisting corporate price gouging.”

According to a recent Financial Times/Michigan Ross survey, the majority of respondents (51%) think that Biden’s economic policies have worsened their financial situation. The poll revealed negative findings regarding Biden’s chances of winning reelection.

  • Just 28% of voters believed that Biden’s economic policies improved their financial circumstances.
  • Seventy-one percent stated that the state of the economy is bad.
  • Rising costs are one of their major difficulties, according to 80% of respondents.

Less than six months before November’s presidential election, the Times said that the survey findings “show people are still blaming Biden for rising consumer costs, such as those for gas and food.”

Author: Steven Sinclaire

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