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Thread: Slow Economy Leads to More Folks Eating at McDonalds

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    Senior Member celticviking's Avatar
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    Post Slow Economy Leads to More Folks Eating at McDonalds

    A Fox News article reports: “McDonald’s said Thursday that global sales for restaurants open at least one year rose 7.4 percent in November from a year ago, far above expectations. Analysts were expecting a 4.9 percent rise in same-store sales, according to Dow Jones Newswires.
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    Member Dondergod's Avatar
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    That's bad... I want McDonalds bankrupt.

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    Senior Member Godwinson's Avatar
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    So, slow economy = fast food

    I'm not sure I agree with these findings though because (at least here in the UK) it's far dearer to eat out at a McDonalds than it is to prepare your own meals so I doubt that the factors behind this demand for convenience foods are economic ones.

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    Proffessional Hickerbilly SpearBrave's Avatar
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    I always though it was more expensive to eat at fast food places compared to cooking your own food. I read something recently that the fast food industry was lobbying to let them except food stamps, did this happen?

    Oh, well it has been years since I ate at one of those places and it will be years if ever I do eat at them again.
    Life is like a fire hydrant- sometimes you help people put out their fires, but most of the time you just get peed on by every dog in the neighborhood.

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    Senior Member Æmeric's Avatar
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    " Individuals and families that used to go out for breakfast or their weekly restaurant meal are no longer going to Denny’s, Chili’s or Applebee’s . It seems that eating at Mickey D’s now constitutes a “night out.” "
    So McDonald's higher revenues are at the expense of major chain sit-down restaurants. It's also possible that part of the increase in revenues could be from price increases? Prices for everything is going up.

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    Senior Member Godwinson's Avatar
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    This is precisely what I was thinking, and if you take into account the rate of inflation ('officially' at 5% over here but in reality far higher!) then a 7.4% increase isn't really that spectacular.

    One theory I have is that a lot of folks these days either don't have the skills or the patience to cook their own meals and so eating out is the quickest fix.

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    Senior Member Unity Mitford's Avatar
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    Quote Originally Posted by Godwinson View Post
    One theory I have is that a lot of folks these days either don't have the skills or the patience to cook their own meals and so eating out is the quickest fix.
    if men were paid properly so that women did not have to work outside the home, there would be less demand for this toxic processed food

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    Proffessional Hickerbilly SpearBrave's Avatar
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    I have just returned from town and I went the store. You can buy a frozen pizza for $1.29 that would feed two people. If you wanted junk food why not just do that instead of eating a McDonald's fat burger. I don't know how much a burger from there is, but I can bet it is more than a $1.29.
    Life is like a fire hydrant- sometimes you help people put out their fires, but most of the time you just get peed on by every dog in the neighborhood.

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    Senior Member Battus Philenor's Avatar
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    I eat fast food once in a while simply because I travel a lot and sometimes a fast food place is the only place open along the road, though I avoid McD's when I can. It's hard to imagine that someone can feel like they're 'going out' while eating at one of those places. Also, I think fast food is kind of expensive considering the garbage that you're getting. For a dollar or two more you can get a much better burger at a diner, with fries and everything.

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    McDonald's has and had special offers and bundles in recent months. Such as 1+1 "Buy 1 Angus DeLuxe and get another for free" (on coupon) or "Buy 1 Happy Meal and get another for free." The latter makes sense if you have more than 1 kid.

    I believe the 7% sales plus are at the expanse of competitors.

    Quote Originally Posted by Unity Mitford View Post
    if men were paid properly so that women did not have to work outside the home, there would be less demand for this toxic processed food
    Well said.

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