Kevin Roberts remembers when he could get a bacon cheeseburger, fries and a drink from Five Guys for $10. But that was years ago. When the Virginia high school teacher recently visited the fast-food chain, the food alone without a beverage cost double that amount.
Roberts, 38, now only gets fast food “as a rare treat,” he told CBS MoneyWatch. “Nothing has made me cook at home more than fast-food prices.”
Roberts is hardly alone. Many consumers are expressing frustration at the surge in fast-food prices, which are starting to scare off budget-conscious customers.
A January poll by consulting firm Revenue Management Solutions found that about 25% of people who make under $50,000 were cutting back on fast food, pointing to cost as a concern.
Also obesity and other such diseases kill people at around the point they’re reaching retirement age, meaning that the typical prole can create wealth for others during the full or almost full period of wealth creation and then likely die just before or just after retiring, saving on post-retirement and old-age costs.
For the owner class in Capitalism, the perfect life expectation for proles is the one that exactly matches the retirement age.