The “Recovery” In One Chart: When Americans Can’t Even Afford To Buy McDonalds For 9 Months In A Row

The “Recovery” In One Chart: When Americans Can’t Even Afford To Buy McDonalds For 9 Months In A Row (ZeroHedge, Aug 8, 2014):

There is endless propaganda… and then there are McDonalds sales.

It is the latter that is by far the best indicator of how the US economy is progressing when stripped of all the bullshit seasonal adjustments, rhetoric and lies from the administration which focus on what is a glowing recovery, for the 1%. As for everyone else, they can’t even afford a dollar meal.

The proof? McDonalds same store sales for the last month, July, cratered by 2.5%, far worse than the 1.1% expected driven by a 7.3% collapse in Asian sales, but the number we focus on, US comp store sales, was a devastating 3.2%, on par with the worst decline in history, and the 9th consecutive month in which McDonalds has not posted an increase in US same store sales.

Here is your recovery:

MCD US same store sales

1 thought on “The “Recovery” In One Chart: When Americans Can’t Even Afford To Buy McDonalds For 9 Months In A Row”

  1. I have never eaten in McDonalds in my life, and as far as I am concerned, this is good news. I saw a picture on the web a couple of years ago a friend sent me. It was a machine, similar to the types they use to make candy. I thought it was making peppermint candy…….nope.
    It was Chicken McNuggets, some disgusting pink slimy junk.
    I think everyone should stop eating there. My daughter used to complain I would not take her to any of those junk places, always had to be nice places with good dinners, ETC. until she was about 11. Then, she realized crab Louis’ were far better than McDonalds.
    I think the author of this article is not addressing all the disgusting truths that have come out about McDonalds regarding the quality (or lack of) their food has an impact as well.
    Not able to afford eating at such a dump? I don’t think that is the reason. I think people are sick of looking like rotund turkeys by the time they are twenty, and have realized junk food contributes greatly to big stomachs.
    I think people are changing, and the idiots that sell this junk ought to be run out of town. I will weep no tears for them.

    Reply

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