CLAY: Do you know that McDonald’s has had to raise their menu prices by 6%? Let me repeat that, ’cause it’s a pretty significant detail. Because of inflationary issues both in paychecks and also in terms of product supply, McDonald’s — which, trust me, doesn’t want to raise their prices because that comes directly out of your pocketbooks. McDonald’s has increased their price by 6%.
That’s more than the average wage of an American household member is increasing. That means that Joe Biden’s inflationary pressures are a default tax on all Americans, and it’s as if no one else wants to talk about it. That McDonald’s price increase is a metaphor of the larger context that is occurring all over this country, where all of us are paying more for goods and services — and that’s, by the way, if we can find the goods on the shelves that we want to purchase.
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Watch C&B discuss their write up in the Wall Street Journal and read it yourself!