Perhaps the BEST B1G Forum anywhere, here at College Football Fan Site, CFB51!!!

It's really tough to tell without a demographic assessment.

For example, take me. I'm well-off enough that I can handle the fast food price increases. But I'm so dissatisfied with the value proposition that I'm either going to mix up (fast casual or full-service restaurant) or just cook at home. For me it's not a matter of being priced out, it's a matter of choosing other options--some of which are more expensive.

But I'd bet that for a lot of the poorer segment, they're just paying it. Many may not have the knowledge or time to cook at home, and not have the money to go upmarket.

So obviously I don't have any of McD's data on this, but it wouldn't shock me if their drop in same store sales was from their most affluent customers, not their least affluent. Fast food has basically lost me as a customer unless I'm on a road trip or have such a severe scheduling screwup that it's a necessity. I don't eat it any longer unless I have to. (In & Out excepted, of course.)

I don't remember the term for it but Economists theorize that certain budget goods actually see demand rise when their price goes up.

The example was bologna (yes, I sang when I spelled that). For simplicity assume there are only two meats:

• Bologna at $1 per serving and
• Steak at $2 per serving.

So if you are a poor consumer who can only afford steak once a week your weekly spend on these is:

• $6 for Bologna $1*6
• $2 for Steak
• $8 Total

Now let's say the price of Bologna goes up to $1.14. A poor consumer can't afford to replace $1 or $1.14 Bologna with $2 Steak so they still but six servings of Bologna but that is $6.84 so they only have $1.16 left and they can't afford $2 Steak so they have to buy a seventh weekly serving of Bologna.

The prices also make other options look better. If Taco Bell is 4 bucks and Chipotle is 8, you might slum it with Taco Bell for the 50% savings. If Taco Bell is 8 and Chipotle is 12, now the savings are only 33%.

Nice

https://www.realclearpolitics.com/2024/07/29/hersh_obama_harris_threatened_biden_with_25th_amendment_628587.html

It's really tough to tell without a demographic assessment.

For example, take me. I'm well-off enough that I can handle the fast food price increases. But I'm so dissatisfied with the value proposition that I'm either going to mix up (fast casual or full-service restaurant) or just cook at home. For me it's not a matter of being priced out, it's a matter of choosing other options--some of which are more expensive.

But I'd bet that for a lot of the poorer segment, they're just paying it. Many may not have the knowledge or time to cook at home, and not have the money to go upmarket.

So obviously I don't have any of McD's data on this, but it wouldn't shock me if their drop in same store sales was from their most affluent customers, not their least affluent. Fast food has basically lost me as a customer unless I'm on a road trip or have such a severe scheduling screwup that it's a necessity. I don't eat it any longer unless I have to. (In & Out excepted, of course.)

I just assume Chick-fil-a took their lunch money.

It has been widely speculated that Obama's fingerprints are all over this. He wants a 4th term, in my view.

Many of Biden's policies- especially foreign policies- were antithetical to Obama's. I don't think Obama wants a 4th term. Seems like some hyperbole. I'd simply guess Obama knew Biden was going to get his clock cleaned in November and he's a loyal establishment Democrat- and he didn't want them to lose power- so he backed a soft coup to get rid of Biden once and for all behind the scenes.

Trump is still the favorite- but the Democrats went from having zero shot- to having a real shot in November. 

For Trump fans, he could have picked Steve Bannon and they'd have cheered it.

The problem with Vance is that he risks alienating the independents. The ones who might have been leaning Trump over Sleepy Joe, but they see Vance as wanting to usher in The Handmaid's Tale... Is Vance going to play well with suburban women? Because I don't think Trump needs to shore up support amongst the non-college angry incel male demo. He's got that one locked up.

damn what is that demo? is that like the complete opposite demo that Kamalala and the Dems have locked up of the white obese dyed blue haired LGBTQRETARD+ they/them/it college student with a worthless liberal arts degree that screams at their top of their lungs and marches with signs at abortion rallies- even though ironically no man within a 1500 mile radius would actually f*ck them and impregnate them?