Do you understand what the overall inflation figure means though? You can’t just say “no, that figure about overall inflation in the economy isn’t true, my double whopper supreme is way more than that!!”
Wasn’t Lemmy supposed to be the somewhat “smarter” Reddit where people had taken a basic stats class at some point in their life? I just really don’t get this thinking.
🤔 Oh, I get it. You’re one of “those types.” The type that’ll find any way to dispute anything that tells us something is wrong.
As if the overall inflation figure and other obscure, arcane bullshit changes the fact that a McChicken tripled in price, which is something that deeply and demonstrably affects ALL of our lives whether we eat fast food or not.
Then I’ll spell it out for you: your complaint is moot because what actually matters to people is the price listed in this meme, not blatant attempts at distorting what we can clearly see happening in front of our eyes.
We’re suffering hyperinflation and no amount of dishonesty and manipulation from you is going to change that. You want it to not be true? Petition McDonald’s to lower their prices.
One fast food chain might have increased the price of one sandwich, that doesn’t mean “the price of everything” has “at least” doubled. The price of everything weighed together has increased 24%. We monitor these things scientifically and consistently across time to get as accurate a number as is possible.
You can’t refute that by extrapolating the price of one sandwich from one chain in one cherry picked time frame.
Yeah that 24% may very well be true for the average of “the price of everything”, but food is definitely closer to a 100% increase, so especially people with lower income will be closer to experiencing inflation of up to a hundred percent and not “just” 24.
$1 in January of 2018 has the same buying power as…$1.24 in December of 2023. “The price of everything” did not increased 100%, it increased 24%.
That also sucks, and you don’t have to lie about it to make your point.
https://data.bls.gov/cgi-bin/cpicalc.pl?cost1=1&year1=201801&year2=202312
Tell that to all of us paying upwards of 3X as much for many basic goods, including McChickens.
Do you understand what the overall inflation figure means though? You can’t just say “no, that figure about overall inflation in the economy isn’t true, my double whopper supreme is way more than that!!”
Wasn’t Lemmy supposed to be the somewhat “smarter” Reddit where people had taken a basic stats class at some point in their life? I just really don’t get this thinking.
🤔 Oh, I get it. You’re one of “those types.” The type that’ll find any way to dispute anything that tells us something is wrong.
As if the overall inflation figure and other obscure, arcane bullshit changes the fact that a McChicken tripled in price, which is something that deeply and demonstrably affects ALL of our lives whether we eat fast food or not.
I am currently telling you that, and your response is to shift from a claim of a 100% increase to a 200% increase which just about proves my point.
Then I’ll spell it out for you: your complaint is moot because what actually matters to people is the price listed in this meme, not blatant attempts at distorting what we can clearly see happening in front of our eyes.
We’re suffering hyperinflation and no amount of dishonesty and manipulation from you is going to change that. You want it to not be true? Petition McDonald’s to lower their prices.
Hot take: a McChicken isn’t a basic good.
It is to people who can’t afford anything else or cook for themselves. Like the homeless population you claim to care about.
In 2018 I’m pretty sure junior chickens were 1.89… they are 3.89 now, that’s double the price.
One fast food chain might have increased the price of one sandwich, that doesn’t mean “the price of everything” has “at least” doubled. The price of everything weighed together has increased 24%. We monitor these things scientifically and consistently across time to get as accurate a number as is possible.
You can’t refute that by extrapolating the price of one sandwich from one chain in one cherry picked time frame.
Personally I charge people double for me to give a fuck these days so I’d say there’s two sandwiches to worry about.
Yeah that 24% may very well be true for the average of “the price of everything”, but food is definitely closer to a 100% increase, so especially people with lower income will be closer to experiencing inflation of up to a hundred percent and not “just” 24.