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Here's the beef: Massive number now say fast-food burgers are a 'luxury'

Here's the beef: Massive number now say fast-food burgers are a 'luxury'


This article was originally published on WND - U.S.. You can read the original article HERE

(Image by Trent Garverick from Pixabay)

There was a time when a luxury dinner out included a grilled steak, or lobster, possibly at a restaurant where tuxedo-wearing waiters delivered your choice of wine. Violins would play in the background.

Now it's burgers in a bag.

It's a Fox Business report that explains under Joe Biden's economy, which has hit American consumers with 20% inflation since he took office, a trip through the drive-through has 'become an extravagance."

The report said LendingTree found 78% of respondents now consider fast food a "luxury" purchase due to the cost.

Fox Business said, "Half of those polled said they view fast food as a luxury because they’re struggling financially. This is especially true among Americans who make less than $30,000 a year (71%), parents with young children (58%), and Gen Zers (58%)."

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Are you cutting back on fast food because of skyrocketing prices?

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The result is a foregone conclusion: "a majority say they are pulling back on their consumption due to high prices," with nearly two-thirds confirming they eat fast food less frequently.

(Pixabay)

Also revealed: 63% said fast food should be cheaper than eating at home, but 75% say that's not the case.

"Nearly half of Americans (46%) say a meal at a fast-food restaurant costs about the same as one at their local sit-down restaurants, and 22% said fast food is actually more expensive," the report said.

In fact, those federal agencies that monitor prices say fast food meals are up 41% from 2017, while the consumer price index is up 35.9%.

A columnist noted, "basic items like McDonald’s cheeseburgers and Chick-fil-A nuggets have risen as much as 200% in less than five years with dire consequences for the lower- and middle-class families who make up much of the fast food customer base."

In fact, when asked about a quick, affordable meal, 56% said they would make a meal at home.

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This article was originally published by WND - U.S.. We only curate news from sources that align with the core values of our intended conservative audience. If you like the news you read here we encourage you to utilize the original sources for even more great news and opinions you can trust!

Read Original Article HERE



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