Average annual earnings in 1972 were $7100, so back then the average person could afford to buy 11,000 big macs per year.

Now average annual earnings are like $54,000, and a big mac is like $4, so now a person can buy over 13,000 big macs per year.

Progress! https://t.co/bbQEeyg7z5

— Joe Weisenthal (@TheStalwart) October 8, 2021

My question is, what's changed in the recipe of the big Mac?
Whats the nutritional content then and now?
Where are the ingredients sourced then and now?

I imagine the cost to produce big Mac has dramatically decreased as have the nutritional content, as empty calorically and nutritionally perhaps more so than the backing of the USD since 71.

The guy who tweeted that is a Biden voting dummy.

You don't look at a single product to determine inflation. If so, you could use computer prices, which are deflationary, and say see, we have no inflation at all!

Productivity is a key factor, along with slave labor overseas.

They've become exceedingly efficient at making Big Macs, from end to end. That is why they have not gone up in relative terms. Technological improvements often offset inflationary pressures with efficiency, but definitely not universally.

Clob94 said:

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And there it is. The dumbest s**t I'll see on the internet today...

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I love your optimism but it's 1056 so unless you intend to log off for the day I have extreme confidence you'll see dumber.

So the health of our economy is measured in Big Macs?

I guess we are truly living in a clown world. Ronald McDonald's clown world.

BuT YoU CaN SaVe 16 CeNtS oN YoUr BbQ oN ThE 4th oF JulY- Psaki dummies

Yeah, that's not how the Big Mac Index works.

Detmersdislocatedshoulder said:

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So the health of our economy is measured in Big Macs?

I guess we are truly living in a clown world. Ronald McDonald's clown world.

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Not to mention obesity, this is pretty embarrassing. Heaven forbid we measure the economy by healthy food people are able to buy or not buy to sustain life.

administrative errors said:

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Average annual earnings in 1972 were $7100, so back then the average person could afford to buy 11,000 big macs per year.

Now average annual earnings are like $54,000, and a big mac is like $4, so now a person can buy over 13,000 big macs per year.

Progress! https://t.co/bbQEeyg7z5

— Joe Weisenthal (@TheStalwart) October 8, 2021

My question is, what's changed in the recipe of the big Mac?
Whats the nutritional content then and now?
Where are the ingredients sourced then and now?

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Beef is outsourced, and corn syrup is subsidized by the government.

I have never had a Big Mac. I have had Filet-O-Fishes before.

Sans tartar sauce. Add mustard

Aren't they LIKE the same price?

Also, I believe he is comparing average individual income to median house hold income

CDUB98 said:

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Skillet Shot said:

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They used real beef for one

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I don't know what you think they use, but they actually do use 100% beef.

They just aren't telling you which part of the cow it is.

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Exactly, and honestly I don't want to know.

Tanya 93 said:

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I have never had a Big Mac. I have had Filet-O-Fishes before.

Sans tartar sauce. Add mustard

Aren't they LIKE the same price?

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What the frick?

Another from this brainiac

You can't debase the US dollar.

The word "debase" implies the injection of some level of impurity. Adding lead to a gold coin, for examples, debases the gold coin. It's less pure.

But as all fiat money is created out of thin air, further creation doesn't change its content.

— Joe Weisenthal (@TheStalwart) October 8, 2021

The Big Mac is debased in relationship to the USD debasement or at an even higher rate.

LoudestWHOOP! said:

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Tanya 93 said:

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I have never had a Big Mac. I have had Filet-O-Fishes before.

Sans tartar sauce. Add mustard

Aren't they LIKE the same price?

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Removing tartar sauce on a fish sandwich and replacing with that yellow stuff???

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Mayo?
It's gross

No Spin Ag said:

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CDUB98 said:

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Skillet Shot said:

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They used real beef for one

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I don't know what you think they use, but they actually do use 100% beef.

They just aren't telling you which part of the cow it is.

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Exactly, and honestly I don't want to know.

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If my memory serves ... McDonalds used to use 1/2 lamb & 1/2 beef on their patties or something like that.
The the 100% beef folks came in and forced McD's to change.

Inflation isnt only in dollars, but also in quality. A Big Mac is ****tier today than it was 50 years ago. Most low cost food is getting crappier all the time.

Tanya 93 said:

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LoudestWHOOP! said:

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Tanya 93 said:

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I have never had a Big Mac. I have had Filet-O-Fishes before.

Sans tartar sauce. Add mustard

Aren't they LIKE the same price?

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Removing tartar sauce on a fish sandwich and replacing with that yellow stuff???

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Mayo?
It's gross

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The only right way to eat pickles is when part or Tartar sauce!

Comparisons like this work for lots of things, Gas is really cheap now (and has been for a long time) on an historical basis.

One hour of the national average wage would purchase:

1970: 111 miles driven (assuming $0.36 per gallon and 10 mpg)

2021: 185 miles driven (assuming $3.50 per gallon and 24.9 mpg)

At $3.00 per gallon it's 215 miles driven, approx half the price of 1970.

Go down to $2 per gallon and it's 1/3 the price of 1970.


But that's not the point. Our quality of life is supposed to increase. The true comparison is spending power now versus what it could be now with sane policies.

Fast food is getting expensive.

Chick-fil-A Grilled chicken sandwich is now $5.35 and 12 count nuggets are $5.70. Throw in tax a combo is about $10.

I remember $5 was all used for lunch.

Dan Scott said:

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Fast food is getting expensive.

Chick-fil-A Grilled chicken sandwich is now $5.35 and 12 count nuggets are $5.70. Throw in tax a combo is about $10.

I remember $5 was all used for lunch.

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No more $5 dollar footlong commercials from Subway either.
Hell, Arby's used to have $5 for 5 sandwiches in the late 1980s. College survival food.

cecil77 said:

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Comparisons like this work for lots of things, Gas is really cheap now (and has been for a long time) on an historical basis.

One hour of the national average wage would purchase:

1970: 111 miles driven (assuming $0.36 per gallon and 10 mpg)

2021: 185 miles driven (assuming $3.50 per gallon and 24.9 mpg)

At $3.00 per gallon it's 215 miles driven, approx half the price of 1970.

Go down to $2 per gallon and it's 1/3 the price of 1970.


But that's not the point. Our quality of life is supposed to increase. The true comparison is spending power now versus what it could be now with sane policies.

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don't get me started tirading on appliances and longevity.

Everyday i hear someone ask "what's the best brand" meaning "which appliance is gonna last the longest"

My response when I get worked up is like this, "well, we still pull 50 year old appliances out of people's homes but more than likely it'll be 3-12 years old. Historically we had myriads of independent manufacturers producing top quality goods, now we have a few major brands, most owned under one parent corporation and/or white labeled [like Kenmore] and everything is produced abroad in the largest manufacturing entities in the world. The recipe changed just like the blue box macNcheese and the Big Mac"

The prices have remained relatively consistent...

Tanya 93 said:

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LoudestWHOOP! said:

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Tanya 93 said:

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I have never had a Big Mac. I have had Filet-O-Fishes before.

Sans tartar sauce. Add mustard

Aren't they LIKE the same price?

---

Removing tartar sauce on a fish sandwich and replacing with that yellow stuff???

---

Mayo?
It's gross

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Just think of it as a poor man's Aioli.

So many better options. Lemon juice, malt vinegar, ketchup, ANYTHING but mustard!!

So does this mean the whole living wage thing is BS? It's hard for me to keep up with which narrative is "correct."

I'm sure almost all goods are cheaper now than they were in 1972...almost entirely due to capitalism.

Now do:

cars
appliances - a refrigerator, for instance
housing