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No More Fast Food

by Market FinancePosted onApril 18, 2022April 18, 2022

The food maybe fast but it’s no longer cheap.

Next time you are sitting in the drive-thru line, burning that precious gas that President Biden has made so expensive, get ready for a big surprise. Fast food prices are at an all time high and they are expected to go even higher.

According to Axios, the National Restaurant Association found that the cost of fast food prices have been up 7.2% year-over-year making it the largest increase sinceĀ 1981.

What’s even worse is that the prices for none fast food restaurants are even higher sitting at 8%.

All of these rising costs can be attributed to a number of things however the main reason for these price spikes are the rising cost of food and labor in America.

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