this post was submitted on 09 Jun 2026
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[–] BeardededSquidward@lemmy.blahaj.zone 18 points 9 hours ago (1 children)

Terrible products, over priced, paid to install a moron as president who fucks up the economy. Yeah, no pity for these fucks, go under.

[–] GarboDog@lemmy.world 7 points 9 hours ago

You, our good Lemmy dweller, took the words right out of our mouth 🙇🏻‍♀️

[–] M0oP0o@mander.xyz 30 points 12 hours ago* (last edited 12 hours ago) (1 children)

Ha, this is funny since all of those companies have lost the plot lately on pricing/value. Some (like Kraft) have also made mistakes like moving production state side and then damaged their ability to operate world wide, others (like McDonald's) have cut every corner on quality while upping their prices and spending like drunk sailors on app and ads. And they all have made choices (like Whirlpool) to make their products last less time thinking we are made of appliance every 3 years money.

This is the one silver lining on the economic collapse, there is a chance that these badly ran companies might just face consequences. Like there is still demand for product, but with wages being what they are no one is jumping on $20 big mac meals, $3 boxes of kraft dinner or $1800 fridges (that will break just after the warranty).

In a working economy these actors would find themselves out of business, instead they have lived off our credit for years selling things we can't afford. It was always going to come crashing down, but we are finally at the point that they are not denying it and now working to move blame.

[–] zbyte64@awful.systems 2 points 8 hours ago

Accountability will not follow unless we organize for the day after the collapse.

[–] samus12345@sh.itjust.works 24 points 12 hours ago (1 children)

Guess you guys shouldn't have funded Trump's campaign, huh?

[–] DarkFuture@lemmy.world 22 points 12 hours ago (1 children)

Remember when McDonalds let a felon rapist use one of their locations for a photo op?

[–] samus12345@sh.itjust.works 23 points 11 hours ago (1 children)

The one that paralleled Mussolini's "working class man" propaganda photo? Yup!

[–] ILikeBoobies@lemmy.ca 3 points 10 hours ago (1 children)

That's an insult to Mussolini.

[–] DarkFuture@lemmy.world 15 points 12 hours ago

Turns out when a bunch of bigots and corporations throw their weight in behind a low IQ felon rapist to make a profit or simply to hurt others, things go off the rails for everyone.

[–] AdolfSchmitler@lemmy.world 15 points 12 hours ago

Have they tried 100 year loans on a Big Mac?

[–] auzy1@lemmy.world 8 points 10 hours ago (1 children)

McDonald's is selling paper thin beef and costs more than your local cafe here in Australia

The standard has dropped a lot. I only go on a long car trip

[–] mrgoosmoos@lemmy.ca 7 points 10 hours ago (2 children)

I don't even go when on a long car trip anymore. I'd rather pay just as much for a less american chain

hell even McDonald's closes the doors after 11pm now and is drive through only. the last thing they had going for them was that they had a washroom available when driving at night. now I'll still go to the less american chain since there's literally nothing McDonald's offers that they don't. well, nothing good anyways

[–] M0oP0o@mander.xyz 5 points 10 hours ago (1 children)

Funny you mention that, the last time I was driving late (I think about 1am) I needed to fill up on the way home and noticed people pulling up at the McDonalds across the parking lot even though the drive trough was on the other side of the building. I watched people get out, try the doors, shrug and then put their asses to the window and do their business. The funny part to me is that there is staff in side and these people had to know it, but did it anyway.

So in a way they do have facilities after 11pm.

[–] mrgoosmoos@lemmy.ca 4 points 7 hours ago (1 children)

ngl I considered pissing in the trees. "open 24 hours" means open 24 hours, not "open during the day but you can order pick up at night". I'd had to piss for the last half an hour and I'd already given my body the ok to prepare to relieve itself in a few minutes when I got off the highway. that was a hard one to hold in.

I have absolutely no problem with businesses having schedules. I absolutely have a problem with false advertising and lies.

[–] M0oP0o@mander.xyz 4 points 7 hours ago

In this case I think it was done with spite, since the gas station I was at had the buzzer system bathrooms I believe. But I do get why its bull shit to be "open" but then not be open. Its odd since as I get older there seems to be less and less 24 hour things, something that I did not think would be my "yells at cloud" thing would be getting a hot meal at 3 am.

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[–] SocialMediaRefugee@lemmy.world 27 points 14 hours ago

Ready? How? It is like telling someone locked in a prison cell to get ready for a fire.

[–] DanceMomsSavedMe@lemmy.zip 32 points 14 hours ago (9 children)

"According to the Federal Reserve Bank of Minneapolis (9), $100 in 2026 had the same purchasing power as just $11.74 did in 1970."

Now I'm no economist, but it seems like there's a way to fix this problem.

"We've tried bleeding them dry for more and more and it isn't working we're just completely out of ideas!"

Also gotta love how the article says these companies are "lowering prices" and then in the same sentence talks about them selling smaller package sizes for less money.

THAT IS NOT LOWERING PRICES THAT IS GIVING YOU LESS AT A TIME FOR LESS MONEY AT A TIME TO LOWER PRICES THE PRICE PER OUNCE HAS TO DECREASE

[–] Folstar@lemmus.org 10 points 11 hours ago

Note: CPI was changed in the 90s with the not so subtle goal of changing the metrics to level out and reduce annually reported inflation, in part to reduce COLA (https://www.ssa.gov/history/reports/boskinrpt.html). It sure made politicians look smart and all the charts to go up! This sounds somewhat reasonable until someone who knows about exponential growth enters the chat, points to the Rule of 69/70/72, and notes that the ~2% under reporting of inflation for the past ~30 years means we've silently lost almost half our wealth. This will get exponentially worse yet few are talking about it.

Point being, $100 in 2026 is closer to $6 in 1970.

Median family income in 1970 was $9,870. Median family income in 2026 is NOT $164,500. Not even close.

[–] FluorideMind@lemmy.world 10 points 12 hours ago (2 children)

If minimum wage kept up with those figures we would have $23.50 minimum wage today.

[–] M0oP0o@mander.xyz 5 points 11 hours ago

Eh the federal (in the us) min wage in 76 was $2 so by that logic yeah. But if we look at the average wage (less income disparity then, still there but not crazy yet) in 1970 being $8,510 then doing the math (assuming a 40 hour work week) that is more like $4 an hour so the average person would need to make $47 an hour in 2026.

And the average wage earned in the us of a in 2024 is...... $63,293. Doing the same math gets us $30.43 an hour. And that is with massive shifts in the gap between wages that are now prevalent.

Everyone focuses on the min wage part (as they think that is the easiest way to address this issue) but not the over all issues of labor not being valued at an amount that makes an economy work long term. The underlying issue is that companies see cutting costs as the best way to increase profits and payroll is the largest line item on almost every balance sheet. So upping the min wage helps but ultimately these places will still cut where they can (less staff, more work per staff, replacing staff with LLMs, etc.) and the issue will continue. In times past the min wage was there as a safety net, but most could expect more for their work, now min wage is more commonly what people expect to earn. Mix in under employment, unemployment that lasts long enough people don't count as unemployed anymore, and people having multiple part time jobs vs full time and you have a massive long term issue.

The question the companies that rely in any way on selling things to people should be asking is; "Who can buy their products?" not "we expect to sell more every quarter then last quarter at ever increasing prices, why are you all looking at us like that?"

[–] NotMyOldRedditName@lemmy.world 3 points 11 hours ago* (last edited 11 hours ago)

This is the important part to anchor the statement.

Its meaningless to say $11.74 then and $100 now without some reference to what it takes to earn that same $11.74 and $100.

edit: unless you've just been hoarding all your wealth as cash since 1970, in which case you got fucked.

[–] SocialMediaRefugee@lemmy.world 7 points 14 hours ago

Hmm, better cut their taxes some more.

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[–] inclementimmigrant@lemmy.world 28 points 15 hours ago* (last edited 10 hours ago)

Whirlpool CEO can fuck the fuck off after this douchecanoe pushed for washing machine tariffs and then proceeded to raise their own prices raised to match the competitors resulting in all washers AND dryers by over a hundred dollars on average. And then they also proceed to layoff factory workers while complaining that people weren't buying US made goods.

[–] LuminousLuddite@lemmy.world 16 points 14 hours ago (1 children)

They'll say the same thing in the 2030s after replacing all of their workers with AI once they realize that those workers are also consumers 🤯.

[–] obvs@lemmy.world 2 points 9 hours ago

If you had to choose between

  1. infinite money, or

  2. money being worthless, and you having an army of robots that would do whatever you want and no one else having anything,

which would you choose?

Because I think that a lot of people are thinking that it's a question of JUST infinite money versus worthless money, and no, there's another part to this.

It involves breaking the system and worldwide universal slavery for literally everyone except the people at the top.

[–] melsaskca@lemmy.ca 24 points 17 hours ago (1 children)

"We have priced a good portion of the population out of being our customers. If there was only something we could do. I know! Let's ask the shareholders. They seem like a reasonable bunch who would not expect continued yearly profits for all eternity." /s

[–] SocialMediaRefugee@lemmy.world 8 points 14 hours ago (1 children)

"We've tried nothing and we're all out of ideas."

[–] bridgeburner@lemmy.world 2 points 10 hours ago

More like "We've tried extinguishing a fire with gasoline and wondering why it didn't work" lol

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