Important Takeaways:

• McDonald’s Launches $5 Meal Deal as Fast Food Prices Soar 33% Under Biden
• Fast food chains are under pressure to put the “value” back into a “value meal” after fast food prices soared 33 percent since 2019, according to the Department of Labor. Grocery prices, for context, increased 26 percent.
• The new $5 meal includes a choice of either a McDouble or McChicken sandwich, small fries, four-piece Chicken McNuggets, and a small soft drink, Axios reported.
• The $5 dollar deal contrasts the price of the Big Mac Value Meal. A Big Mac burger, a medium beverage, and a medium fries meal now costs $18 in some locations, up $10 from 2018 when former President Donald Trump was in office.
• The McDouble sandwich, which costs $1.19 on average in 2014, costs $3.19, almost three times that amount. Medium fries increased from $1.59 to $3.79, the New York Post reported.
• McDonald’s ten-piece McNugget meal, the $10.99 combo that includes fries and a drink, costs $5.00, 83 percent more expensive than in 2014.

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