Tag Archives: fast food

I don’t believe the Economy is a top priority in Washington as fast-food prices soar

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Important Takeaways:

  • Bidenomics: Fast Food Costs Soar — McChicken up 199%, Frosty up 111%, Taco Bell Burrito up 132%
    • Popeyes, Taco Bell, and Chipotle raised prices by at least 75 percent, according to the Food Institute:
    • Popeyes Regular Mashed Potatoes & Gravy (+134 percent)
    • Taco Bell’s Beefy 5-Layer Burrito (+132 percent)
    • Wendy’s Small Frosty (+111 percent)
    • Taco Bell Chalupa Supreme (+110 percent)
    • Burger King Small Icee (+101 percent)
    • Taco Bell Cheesy Gordita Crunch (+100 percent)
    • McDonalds McChicken (+199%)
    • Chick-fil-A raised prices by 10.6 percent between mid-February and mid-April, Gordon Haskett Research Advisors estimated, along with Starbucks by 7.8 percent and Shake Shack by 7.7 percent.
  • A majority of voters (51 percent) believe their financial position is worse off under Biden’s economic policies, a Financial Times/Michigan Ross poll recently showed. The poll also found damaging results for Biden’s reelection chances

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Hmmm. Maybe sending your kids to college isn’t the most beneficial thing to securing a job

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Important Takeaways:

  • Report finds 52% of recent college grads working in fast food, retail and other ‘underemployed’ jobs
  • Americans have long viewed a four-year college degree as essential to financial success, but a report finds that most graduates can’t find a job requiring a degree within a year of commencement.
  • The nonprofit Strada Institute for the Future of Work and the Burning Glass Institute reported this month that 52% of graduates were “underemployed” in food service, hospitality, retail sales, office administration and other fields a year after earning a bachelor’s degree. The study analyzed federal statistics, job postings and online resumes of more than 60 million U.S. workers.
  • Ten years after graduation, 45% still didn’t hold a job requiring college-level skills. By contrast, 79% of graduates who started their careers with college-level jobs still had such work five years later.
  • Liberal arts and humanities majors struggled the most, but the report found that biology, physics, psychology and communications majors also failed to secure related positions.
  • The Indianapolis-based Strada Education Foundation said the findings “show that a college degree is not always a guarantee of labor market success.”
  • Several economists, workforce analysts and higher education leaders interviewed by The Washington Times agreed. They said the numbers underline a growing disconnect between what colleges teach and what employers need in a tight labor market.

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Woman arrested over torching of Wendy’s where Rayshard Brooks died

By Rich McKay

ATLANTA (Reuters) – A woman accused of setting fire to the Wendy’s fast-food restaurant in Atlanta where police shot and killed Rayshard Brooks in the parking lot was arrested on Tuesday on suspicion of arson, authorities said.

Natalie White, 29, was taken into custody by Fulton County sheriff’s deputies on the same day that Brooks, a Black man who was slain by a white officer, was buried following a funeral at Ebenezer Baptist Church in Atlanta.

White’s arrest was announced by the sheriff’s office on Twitter. The county jail telephone line said White had been booked on two counts of first-degree arson. The identity of her attorney could not immediately be ascertained.

Brooks, 27, repeatedly referred to a “Natalie White” as his girlfriend in discussions with police who were questioning him before he was killed, according to video footage from an officer’s body camera. But his relationship to the woman arrested has not been independently verified.

Brooks’ death on June 12 heightened tensions over police brutality and racial bias in U.S. law enforcement that have raged since the killing of George Floyd in police custody with a knee to his neck in Minneapolis in late May.

The chain of events leading to Brooks’ death began when Wendy’s employees called police to report he had fallen asleep in his car in the drive-through lane.

According to prosecutors’ account, what began as a cordial encounter with police deteriorated into a physical struggle, with Brooks grabbing one of the officers’ Tasers and running across the parking lot as he was shot from behind.

The Wendy’s outlet was burned to the ground during protests that ensued that night and into the next morning. The blaze is under investigation by Atlanta fire authorities.

The officer who shot Brooks was fired and has been charged with murder. A second officer was placed on administrative duty and charged with assault.

(Reporting by Rich McKay in Atlanta; Additional reporting and writing by Steve Gorman in Los Angeles; Editing by Leslie Adler and Jane Wardell)