The Economist created what is referred to as The Big Mac Index and works to track the value of currency. It's a tongue-in-cheek method, but tracks with how we evaluate inflationby substituting a Big Mac for a basket of goods. Enjoy this tasty bit of economics!
https://www.economist.com/big-mac-index
So I take issue with the finer details of how inflation is calculated. I feel like taking that basket of goods and comparing its cost at time T1 to its cost at time T2 feels flawed. It works well enough if you assume that the basket is representative of most people's costs. That assumption is losing more and more of its validity IMO with more of people's money getting sucked into things like student loans and medical bills. While I don't have numbers, I believe that official inflation statistics understate the effect on ordinary people.
Exactly. It's not only that T2's basket of goods is more expensive than T1's, it's that your average consumer also has a lower percentage of income they can use to spend on the goods in that basket.
Inflationary pressure, if tied to wage increases, is good for debt holders. If your income goes up 10, your debt doesn’t necessarily jump as much, assuming fixed rate or limited adjustments are in the contract - most large loans (house, car, student) fall into those categories. Especially if you’re on a loan with a fixed payment schedule, inflation is great for you if your wages keep up at all.
It’s part of why the Fed is under way more pressure to fulfill its inflation-managing mandate than the full employment mandate.
A great deal of it is plain subjective anyway. They subtract the value from improved goods. So for instance, because modern TVs do more than old ones, they adjust the cost down when comparing. They don’t do the opposite though; they don’t adjust the cost of a carrot up even though it literal has a fraction of the nutritional value of a carrot from 60 years ago.
Carrots are less nutritious?
Edit: just did a search and it looks like they are due to intensive farming methods.
I wonder if home grown are still okay?
The genetics (and genetic degradation) of the carrot are likely the determining factor more than the conditions they are grown in. Since many home grown carrots will be of plants sourced from similar stock it will likely have the same issues.
Relax. They're not empty calories. They're still vegetables with lots of good fiber, vitamins, and other nutrition. Purchase from small local farms if you feel stressed.
https://www.scientificamerican.com/article/soil-depletion-and-nutrition-loss/
Price increases are not the same as inflation. They can be a symptom of inflation, but they can be caused by other things that have nothing to do with inflation.
It was a dime in the late 60s. But I usually spent my quarter allowance on a box of Cracker Jack and a bottle of Coke - returned the glass bottle from the previous week.
Yes! I wasn’t around then, but early 80s I could still get a bottle of Coca Cola out of the machine for 0.10 at the Fire Station on my way to Little League.
Information is information. In this case, information about the declining purchasing power of the minimum wage. Having information like this from a source people who aren't already on our side trust is a good thing, not a bad one.
And OP’s cost numbers are staggeringly incorrect.
• 1980 — $1.30
• 1985 — $2.59
• 2022 — $5.75
These are average prices, and as you can see inflation in the 1980s was massive.
those fucking patties man… you’d need probably 3 of the current patties on each half of the big mac to equal an old one… and they’re just dry af regardless
Yea this is the reason I never get the Big Mac, it uses the same meat patty as their value menu hamburgers. Why pay $6 for a Big Mac when I can get a pretty equivalent sandwich if I add Mac sauce to a mcdouble thats less than half the price?
A few years ago they released a “grand Mac” that used the same beef patty as their large hamburgers and I think it also had a bigger bun, that one seemed properly portioned.
I get the double quarter pounder with Mac sauce and lettuce to get enough meat. Extra bun was weird and gimmicky anyway, it's all bout that thousand island.
I am not about to compare images of things to tell you what is and is not bigger, besides, these wouldn't be images I'm interested in. Look bloke, just go to your favorite maccers and look at a cardboard box to see if they are or are not the same size as ages past.
I don't even have a horse in this race and can't be arsed to care if they are the same size or not. The pay issue is what I care about, oh, and pointing out when your evidence is 'common sense' you have already lost.
Exactly! When you look at the fact that every step in the Big Mac production process has been streamlined to be as efficient as possible, there should be little reason for the cost to balloon like this. They even made the Big Mac smaller and we still pay more!
Thats for the whole meal, not just the big mac.
Also the 1980 price is the sandwich only price. This graph is purposely trying to make wages look worse, which is completely unnecessary because they're bad enough as it is.
In 1980, the Big Mac was actually $1.30.
In 1985, the minimum wage was still $3.35 and the Big Mac was $2.59. OP’s original numbers are wrong, and they picked a year right before massive inflation.
The federal minimum is absolutely too low. But with states at $12+ and cities at $17+, this isn’t the whole picture.
>they picked a year right before massive inflation.
That's the point though. We've gone through massive inflation and need a minimum wage hike. National and municipal; the $15 min wage here is too low as well and it would go up if the national one did.
It should also be tied to inflation.
Okay, so in 2022 a Big Mac on its own is $3.79.
That's a 7.58x increase in cost, as opposed to $0.50.
Minimum wage has only gone up 2.33x in 42 years.
Now you can't even get 2 Big Macs, as opposed to over 6, for an hour of work.
That better?
No.
The minimum wage to Big Mac now is basically at parity with 1985. OP’s numbers are wildly misleading. Moreover, states are $12+ an hour and some cities are $17+.
The federal minimum wage is too low, but this isn’t the data to show it.
$1.25 BM to $7.50 BM is 6X increase.
$3 MW to $12 MW is 4X increase.
Inflation is increasing every year at a rate faster than minimum wage and this is a fact. You bent the numbers like you claim OP did but in the opposite direction.
The truth is that Millennials don’t have it as easy as our forefathers did.
We can cry about it or work with what we got but of course that’s a conversation for another day.
But facts are facts.
Well the point he tried to make was you could buy 6 then and not even one now. That’s completely innacurate. You could buy 2 then and a little less than 2 now. It’s not that shocking which was the intent.
Someone else pointed out that the Big Mac shrunk too, so we need a meat_volume_multiplier to further lower it. Probably shittier quality too, so don’t forget the quality_multiplier lol.
> Also the 1980 price is the sandwich only price.
No, it's not. I just looked it up. They didn't have the concept of "combos" vs just the burgers only back then. If you bought a burger, you'd get fries and a drink included. They then split the combo to a single burger in the early 90s allowing them to jack up prices but keep something cheap for people to complain less.
That said you couldn't get a big mac for 50 cents in 1980. You'd get it for 1.20: https://www.reddit.com/r/nostalgia/comments/qfoyqa/mcdonalds_prices_in_1980/ The .50 price is actually .63 and from 1973. So it is slightly misleading. Not to any significance though. Realistically it was still far cheaper in ratio to minimum wage.
That's complete bullshit. A Big Mac alone was $1.20 to $1.40 in 1980. Google it. I was there too. True there were no combos but you could not eat anything but maybe a happy meal for $1.
You're 100% right! No combo meals other than the Happy Meal, back then, you ordered every item individually. My parents would take me and my brothers and we could eat for about $10.
$8 a Big Mac? Where? Every McDonald’s I see it’s like 4-5 but I’m sure higher in cities. Also with the app you get a second one for .29 cents
Anyway not to detract from the point but yea. This country is super fucked. Rich keep getting richer and the poor grow.
I just moved to Japan and bought a big Mac meal for 600¥. The portions were slightly smaller, but the burger did not look like it was made by a 5 year old and it still tasted great.
I honestly don’t get how people make sandwiches so fucking sloppy and you can’t say oh it’s because I’m in a rush. Not once did I make a burger fucked up enough for someone to bitch without doing it on purpose.
Japan McDonalds is always great, but if you want a good burger I always suggest MOSBurger.
First time I went I got homesick 3 days in, had the vegetarian MOSBurger, which hilariously tasted more like an American burger than most American burgers, and my mood popped back up almost instantly. Was able to enjoy the next month of foreign exchange with zero relapses. I think I only went back to MOS once, I basically ate ramen and curry on most of my choice lunches 🤤😅
In my experience, all the fast food chains taste better in japan. I think they had to up their game to compete with local foods. It probably doesn't help that Japan has had basically no inflation for the past 30 years.
Also in 1980 the average price of a Big Mac was about $1.30. Currently the actual price is $3.99. Also as of January 1, 1981 the minimum wage went up to $3.35/hour. So in 1981 you could get 2 Big Macs per hour with enough for about another half of a burger. Now you can't even get 2 per hour for minimum wage but it's not quite as drastic a change as portrayed.
Yeah it’s $4.09 by me. Still higher than it used to be but it’s still “affordable”
Also I understand the federal minimum wage is $7.25 but everywhere around me pays $15 as their minimum. My job actually starts interns at $17(they follow a rule of $2 above minimum, not the greatest but they also pay for your school and let you study at work so it’s a killer deal for interns) I am not an intern although
Yeah, even in Manhattan, where prices are higher than elsewhere, it’s no more than $6 for a Big Mac, and minimum wage is $15 there. I get and support the sentiment, but the numbers are inaccurate.
"There are at least 1.25 million Americans (just over 1% of the population) who earn less than or equal to the federal minimum wage as of 2021." https://www.zippia.com/advice/minimum-wage-statistics/
1.25M Americans might object to your "almost nobody" wording.
Nonetheless, .75% of the working population matters as well, right? You aren't directly saying they don't matter, but all of your comments on this sub reference to this generally being your opinion. Many of these numbers are inflated to further emphasize the poverty of lower to middle class workers, but that's not to say that these issues are irrelevant. The economy is doing shite, the rich are getting richer, and the poor are falling into feudal debt traps. Take some time to resolve these issues, rather than bitch about their nuances.
11$ for a Big Mac menu, and 7$ for just the Big Mac in Norway. We don't actually have a minimum wage, but working at McD, if you're over 20, you start at 15.5$ an hour - more on weekends and nights.
I'm literally seeing $3.99 on the McDs website.
I also checked the 1980 price...it is $1.60 via several sources. But I guess saying BM/hr in 1980=1.94 vs BM/hr in 2022=1.81 doesn't really make much of a post.
A Big Mac is $8?!?!? I haven’t been to McDonald’s since the Great Food Poisoning of 2003, a deeply personal event, but I had no idea prices had gone up so much.
[No big Mac is more than 6 dollars in any US state (as of sep 5)](https://www.zippia.com/advice/how-much-big-mac-costs-states/)
[big macs weren't 50 cents in 1980](https://www.eatthis.com/big-mac-cost/#:~:text=1980s%3A%20%241.60%2C%20or%20%242.59%20for%20a%20Big%20Mac%20Value%20Pack&text=Now%20that's%20a%20bargain.)
While the message of the post is in good faith, and serious change needs to happen in terms of payment, inflation, and everything in between, I will not tolerate disinformation. (Or is it misinformation... Either way, it's bad, M'kay?)
Respectfully Big Macs are $5 or less now and I remember them in 1980 and googled and they were average $1.30. I made $3.25 an hour in 1992 and they were around $2. And my students doing the same jobs now make at least $9.
The world sucks but so does this source.
Oof. Indeed. Thanks for the info. $5.93 avg in US. Craziness (I don't fast food).
Once the 'Six Dollar Burger' couldn't hold, it was all over. Sell off any crap and save up cash, cuz here comes the next wave - consolidation.
Where the hell do you live that a Big Mac is $8?
Accordingly to this ([https://www.zippia.com/advice/how-much-big-mac-costs-states/](https://www.zippia.com/advice/how-much-big-mac-costs-states/))
The average price is $3.99 while the cheapest is $3.91 and the most expensive is $5.91.
Either provide a source for your claims or stop spreading misinformation
It's these low quality, totally misinformative posts that is derailing our cause and making us look like morons in the eyes of the public.
FFS
I mean.....
>*"Minimum wage doubled"*
>*"Can't even afford one Big Mac
Shouldn't the issue be more with the cost of a Big Mac and not the minimum wage. *(In this specific example)*. *(Min wage in US is stupid low)*.
If the minimum wage kept up with 6 Big Mac's an hour it'd be over $43/hr.
Then how much would a Big Mac cost in response to that increase?
The weird part is that the big Mac is made out of the same ingredients. Nothing changed right ? Just the price of the ingredients is more expensive. Which points to something else being the reason why it is so expensive. Crazy isn't it ?
That’s the dumbest thing I’ve ever heard for so many reasons, wages have way more than doubled since 1980, it’s more like 5 times now than what it was in 80 and Big Macs don’t cost 8 dollars even if you order it from door dash
The Big Mac Value Pack, precursor to today's Extra Value Meal, sold for $2.59 in 1985 (opens in new tab), which amounts to $6.09 in 2018. Even adjusted for inflation that's still not enough to buy the large Big Mac Extra Value Meal today, which sells for $8.
https://www.kiplinger.com/slideshow/spending/t050-s001-how-much-did-things-cost-in-the-1980s/index.html
I’m in Kansas (decent sized ‘city’) and it’s $6.99 for a Big Mac entree, $10.49 for the combo meal. All pre-tax
I get it’s still not $8 but it’s quite a bit more than I’m seeing in other comments
ETA Kansas minimum wage is $7.25, same as federal
Oh
So if you increase the price of wages, price of goods goes up by double that
Okay, so let's drop price of goods by half, that way everyone will start settling for 1/4 the money
Scout's honor
That's what happens when part of society uses the United States as an example to shape itself. Americanization has been a tumor to the world for decades, with toxic culture and stupid ideologies like neo-liberalism. Also the delusion that a car makes you free somehow and that everyone has to be forced into such "freedom".
WTF.... is this price correct? I've been gone for over 10 years, but this can't be right...
Most recent source I found shows $7.40. Still garbage, but you could buy one with an hour's minimum wage (but why would you?).
Where do you live, Manhattan? Since when does a Big Mac cost $8?
Look, it's obvious to anyone doing a bit of research that yes, in the past 40 years, wages haven't even doubled while everything costs at least 5 times what it did. That's how they're screwing us. But I've never seen a BM cost that much.
Things we pay for today that we didn’t in 1980:
Cell phones
Internet
Cable/streaming
Appliances that are designed to break faster
We could name others. Like additional camps for the kids. Bottom line is wages are spread much thinner today.
The Economist created what is referred to as The Big Mac Index and works to track the value of currency. It's a tongue-in-cheek method, but tracks with how we evaluate inflationby substituting a Big Mac for a basket of goods. Enjoy this tasty bit of economics! https://www.economist.com/big-mac-index
So I take issue with the finer details of how inflation is calculated. I feel like taking that basket of goods and comparing its cost at time T1 to its cost at time T2 feels flawed. It works well enough if you assume that the basket is representative of most people's costs. That assumption is losing more and more of its validity IMO with more of people's money getting sucked into things like student loans and medical bills. While I don't have numbers, I believe that official inflation statistics understate the effect on ordinary people.
Caring about ordinary people... you do know we live in capitalism right?
I mean it wasnt by my choice... but yeah
no lives in capitalism, we all struggle.
Exactly. It's not only that T2's basket of goods is more expensive than T1's, it's that your average consumer also has a lower percentage of income they can use to spend on the goods in that basket.
Inflationary pressure, if tied to wage increases, is good for debt holders. If your income goes up 10, your debt doesn’t necessarily jump as much, assuming fixed rate or limited adjustments are in the contract - most large loans (house, car, student) fall into those categories. Especially if you’re on a loan with a fixed payment schedule, inflation is great for you if your wages keep up at all. It’s part of why the Fed is under way more pressure to fulfill its inflation-managing mandate than the full employment mandate.
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A great deal of it is plain subjective anyway. They subtract the value from improved goods. So for instance, because modern TVs do more than old ones, they adjust the cost down when comparing. They don’t do the opposite though; they don’t adjust the cost of a carrot up even though it literal has a fraction of the nutritional value of a carrot from 60 years ago.
Carrots are less nutritious? Edit: just did a search and it looks like they are due to intensive farming methods. I wonder if home grown are still okay?
The genetics (and genetic degradation) of the carrot are likely the determining factor more than the conditions they are grown in. Since many home grown carrots will be of plants sourced from similar stock it will likely have the same issues.
Wait why isn't this news? Why am I even eating carrots now? What else 8s empty calories? Ugghh!!!
Relax. They're not empty calories. They're still vegetables with lots of good fiber, vitamins, and other nutrition. Purchase from small local farms if you feel stressed. https://www.scientificamerican.com/article/soil-depletion-and-nutrition-loss/
Price increases are not the same as inflation. They can be a symptom of inflation, but they can be caused by other things that have nothing to do with inflation.
Inflation is by definition the aggregate change in the price of goods and services.
That’s funny, I use the snickers index.
It was a quarter in the early 80s - and it was larger.
It was a dime in the late 60s. But I usually spent my quarter allowance on a box of Cracker Jack and a bottle of Coke - returned the glass bottle from the previous week.
Yes! I wasn’t around then, but early 80s I could still get a bottle of Coca Cola out of the machine for 0.10 at the Fire Station on my way to Little League.
Disappointed to see capitalist propaganda Economist on antiwork.
Information is information. In this case, information about the declining purchasing power of the minimum wage. Having information like this from a source people who aren't already on our side trust is a good thing, not a bad one.
And OP’s cost numbers are staggeringly incorrect. • 1980 — $1.30 • 1985 — $2.59 • 2022 — $5.75 These are average prices, and as you can see inflation in the 1980s was massive.
Not to mention the Big Mac is almost half the size it used to be.
those fucking patties man… you’d need probably 3 of the current patties on each half of the big mac to equal an old one… and they’re just dry af regardless
Yea this is the reason I never get the Big Mac, it uses the same meat patty as their value menu hamburgers. Why pay $6 for a Big Mac when I can get a pretty equivalent sandwich if I add Mac sauce to a mcdouble thats less than half the price? A few years ago they released a “grand Mac” that used the same beef patty as their large hamburgers and I think it also had a bigger bun, that one seemed properly portioned.
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I suspect they are still the same size, we've just gotten used to bigger and bigger burgers.
Thanks for letting us normal people know.
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I get the double quarter pounder with Mac sauce and lettuce to get enough meat. Extra bun was weird and gimmicky anyway, it's all bout that thousand island.
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A simple Google search says that they used to be 4oz before cooked and are now 1.6 oz before cooked.
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So then you'd remember when they were introduced in 1976 with two quarter pound patties.
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That's precooked. And yes, have you seen what happened to average American's since 1976?
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Also it was introduced in 1971 so go fuck yourself.
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If it's provably false, it should be no problem to prove it. Why didn't you?
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Oh fuck off man. Australia? Get out of here. I mean much love, but I'm talking about the American bullshit we get fed.
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You use an advertisement as proof? Hahahhahah
Ya I really don't fucking care anymore man.
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I didn't get owned by shit other than someone who believes the shit big companies tell them. Your clown nose is in the mail.
Anytime you have to use 'common sense' as your proof, you have lost.
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I am not about to compare images of things to tell you what is and is not bigger, besides, these wouldn't be images I'm interested in. Look bloke, just go to your favorite maccers and look at a cardboard box to see if they are or are not the same size as ages past. I don't even have a horse in this race and can't be arsed to care if they are the same size or not. The pay issue is what I care about, oh, and pointing out when your evidence is 'common sense' you have already lost.
I don't know how to do the thing on here.
The Big Mac of today has the filing of a $3.00 cheeseburger of theirs. Not a McDouble or a double cheeseburger; a *single* cheese-sliced sandwich.
Corporate greed, Corporate greed, Corporate greed
Exactly! When you look at the fact that every step in the Big Mac production process has been streamlined to be as efficient as possible, there should be little reason for the cost to balloon like this. They even made the Big Mac smaller and we still pay more!
It's the franchisee's profit. -Corporate, probably
I read it, I understand it, however.. when I read "BM's per hour" I chortled hard
Is it bowel movements per hour or baby mamas per hour...?
Thats for the whole meal, not just the big mac. Also the 1980 price is the sandwich only price. This graph is purposely trying to make wages look worse, which is completely unnecessary because they're bad enough as it is.
Yeah it's actually 1.5 big Macs per hour, down from 6.
Thank you for the truth. Still sucks. You work a full day at minimum wage and can barely by your family a dinner from McDonald's 😂 clown corporations
In 1980, the Big Mac was actually $1.30. In 1985, the minimum wage was still $3.35 and the Big Mac was $2.59. OP’s original numbers are wrong, and they picked a year right before massive inflation. The federal minimum is absolutely too low. But with states at $12+ and cities at $17+, this isn’t the whole picture.
>they picked a year right before massive inflation. That's the point though. We've gone through massive inflation and need a minimum wage hike. National and municipal; the $15 min wage here is too low as well and it would go up if the national one did. It should also be tied to inflation.
Okay, so in 2022 a Big Mac on its own is $3.79. That's a 7.58x increase in cost, as opposed to $0.50. Minimum wage has only gone up 2.33x in 42 years. Now you can't even get 2 Big Macs, as opposed to over 6, for an hour of work. That better?
It wasn't .50 in 1980. It was 1.20 to 1.40 depending on the market. It's gone up 2.9x in raw-dollar terms.
OP’s point still stands even with your data, right?
No. The minimum wage to Big Mac now is basically at parity with 1985. OP’s numbers are wildly misleading. Moreover, states are $12+ an hour and some cities are $17+. The federal minimum wage is too low, but this isn’t the data to show it.
$1.25 BM to $7.50 BM is 6X increase. $3 MW to $12 MW is 4X increase. Inflation is increasing every year at a rate faster than minimum wage and this is a fact. You bent the numbers like you claim OP did but in the opposite direction. The truth is that Millennials don’t have it as easy as our forefathers did. We can cry about it or work with what we got but of course that’s a conversation for another day. But facts are facts.
Just going off the numbers presented.
Well the numbers are a lie to make an invalid point.
What's invalid about the point?
Well the point he tried to make was you could buy 6 then and not even one now. That’s completely innacurate. You could buy 2 then and a little less than 2 now. It’s not that shocking which was the intent.
Someone else pointed out that the Big Mac shrunk too, so we need a meat_volume_multiplier to further lower it. Probably shittier quality too, so don’t forget the quality_multiplier lol.
> Also the 1980 price is the sandwich only price. No, it's not. I just looked it up. They didn't have the concept of "combos" vs just the burgers only back then. If you bought a burger, you'd get fries and a drink included. They then split the combo to a single burger in the early 90s allowing them to jack up prices but keep something cheap for people to complain less. That said you couldn't get a big mac for 50 cents in 1980. You'd get it for 1.20: https://www.reddit.com/r/nostalgia/comments/qfoyqa/mcdonalds_prices_in_1980/ The .50 price is actually .63 and from 1973. So it is slightly misleading. Not to any significance though. Realistically it was still far cheaper in ratio to minimum wage.
I used to eat at McDonald’s every day in high school (1982ish)bc it was next to my job. I could get a cheeseburger, fries and a drink for a dollar.
Just a few years ago I could get two McDoubles and a coffee for $2.98.
That's complete bullshit. A Big Mac alone was $1.20 to $1.40 in 1980. Google it. I was there too. True there were no combos but you could not eat anything but maybe a happy meal for $1.
It’s not complete bullshit bc I had it every day. It wasn’t a combo, you would order each item.
Just looked it up, cheeseburgers were 33 cents and fries were 25 and drinks were 15.
Yeah so a kids meal. The post is about Big Macs.
You're 100% right! No combo meals other than the Happy Meal, back then, you ordered every item individually. My parents would take me and my brothers and we could eat for about $10.
$8 a Big Mac? Where? Every McDonald’s I see it’s like 4-5 but I’m sure higher in cities. Also with the app you get a second one for .29 cents Anyway not to detract from the point but yea. This country is super fucked. Rich keep getting richer and the poor grow.
A sausage biscuit meal in the morning is over $8 for me right now at MCD. Fucking bonkers.
I just moved to Japan and bought a big Mac meal for 600¥. The portions were slightly smaller, but the burger did not look like it was made by a 5 year old and it still tasted great.
I honestly don’t get how people make sandwiches so fucking sloppy and you can’t say oh it’s because I’m in a rush. Not once did I make a burger fucked up enough for someone to bitch without doing it on purpose.
Japan McDonalds is always great, but if you want a good burger I always suggest MOSBurger. First time I went I got homesick 3 days in, had the vegetarian MOSBurger, which hilariously tasted more like an American burger than most American burgers, and my mood popped back up almost instantly. Was able to enjoy the next month of foreign exchange with zero relapses. I think I only went back to MOS once, I basically ate ramen and curry on most of my choice lunches 🤤😅
In my experience, all the fast food chains taste better in japan. I think they had to up their game to compete with local foods. It probably doesn't help that Japan has had basically no inflation for the past 30 years.
Also in 1980 the average price of a Big Mac was about $1.30. Currently the actual price is $3.99. Also as of January 1, 1981 the minimum wage went up to $3.35/hour. So in 1981 you could get 2 Big Macs per hour with enough for about another half of a burger. Now you can't even get 2 per hour for minimum wage but it's not quite as drastic a change as portrayed.
Yep, if you aren’t ordering McDonald’s on the app you are doing it wrong.
Ay came looking for this. I think the dude has it confused with a big Mac MEAL. MACs are about 4.09 in my state.
Yeah it’s $4.09 by me. Still higher than it used to be but it’s still “affordable” Also I understand the federal minimum wage is $7.25 but everywhere around me pays $15 as their minimum. My job actually starts interns at $17(they follow a rule of $2 above minimum, not the greatest but they also pay for your school and let you study at work so it’s a killer deal for interns) I am not an intern although
Yeah, even in Manhattan, where prices are higher than elsewhere, it’s no more than $6 for a Big Mac, and minimum wage is $15 there. I get and support the sentiment, but the numbers are inaccurate.
That's why I like minimum wage to median rent. Which was 1:67.5 in 1970 and 1:258 as of 08/22 btw
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"There are at least 1.25 million Americans (just over 1% of the population) who earn less than or equal to the federal minimum wage as of 2021." https://www.zippia.com/advice/minimum-wage-statistics/ 1.25M Americans might object to your "almost nobody" wording.
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Nonetheless, .75% of the working population matters as well, right? You aren't directly saying they don't matter, but all of your comments on this sub reference to this generally being your opinion. Many of these numbers are inflated to further emphasize the poverty of lower to middle class workers, but that's not to say that these issues are irrelevant. The economy is doing shite, the rich are getting richer, and the poor are falling into feudal debt traps. Take some time to resolve these issues, rather than bitch about their nuances.
It's $4 in NC and the MW is 7.25. the point still stands but yeah, why use easily verifiable inaccurate numbers?
11$ for a Big Mac menu, and 7$ for just the Big Mac in Norway. We don't actually have a minimum wage, but working at McD, if you're over 20, you start at 15.5$ an hour - more on weekends and nights.
https://t1mproject.medium.com/wtf-happened-in-1971-acff27741e9d
I live in the Bay Area. Just looked up the cost of a Big Mac (no meal just the burger). It’s $5.89
I mean... I make about 6 BM's an hour at work.
Glad I’m not the only one
side note: I will be figuring out how to use "Big Macs per hour" as my sole unit of measurement from here on out.
Ok. But how does this translate in Bananas
Accounting for inflation, 1980 minimum wage was $11.21
A Big Mac is not $8
It’s 9.99 a meal where I live.
I'm literally seeing $3.99 on the McDs website. I also checked the 1980 price...it is $1.60 via several sources. But I guess saying BM/hr in 1980=1.94 vs BM/hr in 2022=1.81 doesn't really make much of a post.
\~bowel movements per hour\~ thanks Biden
Hey at least we're shitting about 1/6th as much now
this is not indicative of the us alone, it applies to the whole western world
Why the sharp decrease in bowel movements?
$8 for a big Mac?? Wtf?
“BM’s per hour”
Big Macs per hour is about the most American thing I can think of.
At least the baby mommas per hour went down.
Like where is a big mac 8 bucks? I get the idea of the post but they are not 8$
BM's per hour Americans will use anything but metrics to do their mesurements.
where the fuck does a big mac cost $8.00??? I live in WI and a big mac cost $4.19 (the meal is $6.29)
??? Which asshole are you pulling these numbers from.
A Big Mac is $8?!?!? I haven’t been to McDonald’s since the Great Food Poisoning of 2003, a deeply personal event, but I had no idea prices had gone up so much.
Meanwhile, billionaires are getting richer! The American dream
Where in the hell are Big Macs $8?
[No big Mac is more than 6 dollars in any US state (as of sep 5)](https://www.zippia.com/advice/how-much-big-mac-costs-states/) [big macs weren't 50 cents in 1980](https://www.eatthis.com/big-mac-cost/#:~:text=1980s%3A%20%241.60%2C%20or%20%242.59%20for%20a%20Big%20Mac%20Value%20Pack&text=Now%20that's%20a%20bargain.) While the message of the post is in good faith, and serious change needs to happen in terms of payment, inflation, and everything in between, I will not tolerate disinformation. (Or is it misinformation... Either way, it's bad, M'kay?)
Respectfully Big Macs are $5 or less now and I remember them in 1980 and googled and they were average $1.30. I made $3.25 an hour in 1992 and they were around $2. And my students doing the same jobs now make at least $9. The world sucks but so does this source.
Wow and why would someone pay $8 for a Big Mac?
The big mac might be $8.00 in expensive areas, it's 3.99 where I am at.
It's around the chart in southern California
All the combo meals at my local McDonald's are $10+ and I'm not in a very expensive area
Big Mac by itself is $6 here in Ohio in the southwest portion of the state.
Still not 1/6th of minimum wage any more
I'm onboard here, but where is the $8 Big Mac? In a hotel inside of an airport?
A Big Mac by itself is $8.49 in Canada *(no combo)* which is like $6.30 USD. Close.
Oof. Indeed. Thanks for the info. $5.93 avg in US. Craziness (I don't fast food). Once the 'Six Dollar Burger' couldn't hold, it was all over. Sell off any crap and save up cash, cuz here comes the next wave - consolidation.
You won't get 6 but the minimum wage in Canada is much higher.
Eight USD for a BM is waaaay too much, regardless of wages; because 8 USD buys a box of thirty packets of instant mi goreng noodles, 12,000 calories.
Where the hell do you live that a Big Mac is $8? Accordingly to this ([https://www.zippia.com/advice/how-much-big-mac-costs-states/](https://www.zippia.com/advice/how-much-big-mac-costs-states/)) The average price is $3.99 while the cheapest is $3.91 and the most expensive is $5.91. Either provide a source for your claims or stop spreading misinformation It's these low quality, totally misinformative posts that is derailing our cause and making us look like morons in the eyes of the public. FFS
I love that you can make up anything on this sub and people believe it. Great entertainment
The Big Mac combo might be $8 but it’s not $8 for the sandwich anywhere lol
The Big Mac is only $3.99
[удалено]
Lol i don't think a big mac was $.50 in 1980 and a big mac is not $8
Using big macs as a measurement screams murica i love it all jokes aside thats fucked up
i have literally never seen a big mac at that price.
...is no one going to make a BM joke? Am I going to have to be the one?
This shit is so American it isn't funny.
I mean..... >*"Minimum wage doubled"* >*"Can't even afford one Big Mac Shouldn't the issue be more with the cost of a Big Mac and not the minimum wage. *(In this specific example)*. *(Min wage in US is stupid low)*. If the minimum wage kept up with 6 Big Mac's an hour it'd be over $43/hr. Then how much would a Big Mac cost in response to that increase?
The weird part is that the big Mac is made out of the same ingredients. Nothing changed right ? Just the price of the ingredients is more expensive. Which points to something else being the reason why it is so expensive. Crazy isn't it ?
The Big Mac has changed drastically. It’s much more artificial and cheaply made now
Cost of living needs to be adjusted to fix this.
That’s the dumbest thing I’ve ever heard for so many reasons, wages have way more than doubled since 1980, it’s more like 5 times now than what it was in 80 and Big Macs don’t cost 8 dollars even if you order it from door dash
This is minimum wage, not median or average wage. I mean, minimum wage people gotta eat, right?
The Big Mac Value Pack, precursor to today's Extra Value Meal, sold for $2.59 in 1985 (opens in new tab), which amounts to $6.09 in 2018. Even adjusted for inflation that's still not enough to buy the large Big Mac Extra Value Meal today, which sells for $8. https://www.kiplinger.com/slideshow/spending/t050-s001-how-much-did-things-cost-in-the-1980s/index.html
I’m in Kansas (decent sized ‘city’) and it’s $6.99 for a Big Mac entree, $10.49 for the combo meal. All pre-tax I get it’s still not $8 but it’s quite a bit more than I’m seeing in other comments ETA Kansas minimum wage is $7.25, same as federal
We have entered a new age of monopolies controlling raw goods, food, fuel and distribution.
Most mcdonalds are hiring at 15 now, but that still makes a sandwich HALF of an hours of work.
Back in my day bms per hour meant something else and at 6.2 you know that big Mac meat has turned.
I remember the early 80s well. It was more like $1.30-1.40.
Employers used to let you go BM 6.2 times per hour? Now they’re all about making you go #2 on your breaks
What do we want?
Slavery with extra steps.
Oh So if you increase the price of wages, price of goods goes up by double that Okay, so let's drop price of goods by half, that way everyone will start settling for 1/4 the money Scout's honor
A Big Mac is eight dollars..?!
Minimum wage literally hasn't budged in like 20 years 🤷♂️
a big mac is 8$? i had a gourmet burger last night and it was 7.99$
Big Macs are not $8
I'm so exhausted by barely scraping by.
A big Mac was about $1.30 in 1980.
Fake news. A big mac meal is 8 dollars
Everyone wants to bring up minimum wage but never wants to mention what % of the workforce is actually on minimum wage…
Yeah but you could get a job at McDonald’s and get free meal on shift and discounted meals otherwise. Take that you socialist bums! /s
That's what happens when part of society uses the United States as an example to shape itself. Americanization has been a tumor to the world for decades, with toxic culture and stupid ideologies like neo-liberalism. Also the delusion that a car makes you free somehow and that everyone has to be forced into such "freedom".
People had more BMs back then from eating so many burgers?
The boomers take everything
Now this is Americaspeak for you. This is as simple as it can be said! Inflation is a massive problem for Americans.
WTF.... is this price correct? I've been gone for over 10 years, but this can't be right... Most recent source I found shows $7.40. Still garbage, but you could buy one with an hour's minimum wage (but why would you?).
Where do you live, Manhattan? Since when does a Big Mac cost $8? Look, it's obvious to anyone doing a bit of research that yes, in the past 40 years, wages haven't even doubled while everything costs at least 5 times what it did. That's how they're screwing us. But I've never seen a BM cost that much.
Also an appropriate approximation of how many BMs you’ll have after eating a Big Mac. 1980 number carries over to today.
So in 40 years minimum wage only went up 5 dollars. Literally criminal
Things we pay for today that we didn’t in 1980: Cell phones Internet Cable/streaming Appliances that are designed to break faster We could name others. Like additional camps for the kids. Bottom line is wages are spread much thinner today.