A Recession on the Way?

Where abouts in the US is that? That's almost twice as much as a Whopper meal here in Aus.

that's about what it is where i am in N. Fla. (almost S. Ga) 15 or so dollars for a Whopper Meal . Was in Publix (grocery chain here abouts) picked up a package of beef fillets by mistake they were 35.95 a pound, that package of 3 measly little fillets was 50 + dollars . Publix is more expensive that say Wal Mart but lordy

Miami / Ft. Lauderdale-ish. The suburban part.

Wowza. Here Burger King/Hungry Jacks is very similar pricing to Maccas, wonder why it's so jacked up for you.

"Corporate Greed" is the easy answer, since I understand that wages for burger flippers (no criticism implied of people who do that work) in Oz are on average at least as high, if not higher than here.

It's complicated to directly compare. The minimum wage is $24.95 an hour (US$16 at current exchange rate). However that's based on being a standard employee, which includes things like paid public holidays, paid sick leave, and 4 weeks paid annual leave a year.

For something more akin to US "at will" employees where things are more unstable and you have no paid leave etc, that is classified is being a Casual employee which gets you paid 25% more.

There is a sliding scale where minimum wage is less for those 20 and under.

No matter the type of employee you are, another major difference is that your superannuation contribution (loosely similar to a 401k) is paid by the employer on top of your stated wage. That's currently at 12%.

The Impossible Whopper meal is about that much here. I haven't been to BK since I tried that. It was bad. But it's not the only one that's hella expensive. McDonalds is up to $10+ for most meals. Fries alone are over $4 (unless you order through the app, in which case it's free once a week). Jack in the Box is around $10 for most of its sandwiches alone now. Five Guys is really crazy now, easily $35 for 2 people.

We were feeling super lazy on the way home tonight so stopped in at Ikea for dinner. AUS$36 for three main meals and three drinks, so about US$23.
That said, that was cheaper than normal because they have cheap deals on Friday.

Yeah Ikea is cheaper than fast food here.

The $2.50 Swedish Meatball Sundae is an excellent post-shopping snack.

I'm just sad they stopped selling the massive bags of mini Daim bars.

https://bsky.app/profile/atrupar.com/post/3m6cm3xkjio2z

https://www.yesigiveafig.com/p/part-1-my-life-is-a-lie

https://bsky.app/profile/carlquintanilla.bsky.social/post/3m6fjlittpc2a

AI may be a bubble but just imagine what the economy would currently be like without it. One could argue its doing a lot of covering for Trump's failures.

Yeah. But at the same time maybe some of the investment money going into it would be supporting other things.

This.

Basically the big tech companies are pouring all their record profits from their last decade and an half into AI (except for Meta who put about a third into the Metaverse and uhhh…).

All US growth where we have managed it is from the ‘stimulus’ spending of the Magnificent Seven just draining their coffers.

And maybe it will work.

Maybe they will find a way to make the tech useful before they run out of money.

But I was around for the Dot Com Bust and ‘let’s just work on the tech and the business case will present itself’ isn’t necessarily a rock solid business plan.

Even if in the long run the internet did end up being useful technology that exuberance didn’t actually translate to business success. IIRC eBay was the only big tech firm from the bubble that survived and they were only one that had turned a quarterly profit.

Amazon lost 90% in the dotcom crash and has since done well.

So along with the October jobs report, Trump has now cancelled the release of the advance estimate of third-quarter GDP

https://www.newsweek.com/trump-canceled-gdp-report-scrutiny-11103747

If this doesn't upset you you're a partisan hack and probably a member of a cult

https://bsky.app/profile/carlquintanilla.bsky.social/post/3m6iehs7n7c2d

When do we get to stop winning? I am tired of all the winning.

They had a slightly different business model than most of the dotcoms, though. They opted to invest all of their earnings into expanding the business, rather than paying dividends. They also gobbled up smaller companies as the bubble began to burst.

Record spike in small business bankruptcies.

https://bsky.app/profile/atrupar.com/post/3m7b26mjnhv2z

lol - in order to fool Trump/Maga, Fox News has gone with Green Up Arrows for bad news.



https://bsky.app/profile/thiasd.bsky.social/post/3m7b2mm42cc2u

A 54% increase from Biden?
Ha! Suck it, Libtards!

https://bsky.app/profile/emgusk.bsky.social/post/3ma2wpunavs26

https://www.wsj.com/economy/jobs/jobs-report-october-november-2025-unemployment-economy-7f6eea90

Unemployment rate climbs to 4.6% the highest since the last Trump recession.

Trump’s Commerce Secretary: Just wait until fall of next year and everything will be great!

https://bsky.app/profile/atrupar.com/post/3mabxae7oc52z

UMich consumer sentiment (current conditions) at 50.4 is a new all-time low -- going back to data from the 1970s.


https://bsky.app/profile/carlquintanilla.bsky.social/post/3madxmdzfjs2i

I always find it pretty funny how wrong @Steal Your Face is. But this thread is a particular monument to his idiocy.