Mickey D's. Billions Please.

What is the world coming to? Although they're known for their golden arches and having the best fries in fast food, it seems millions are eating at Mickey D's on a more regular basis. Good Lord from heaven. I've been on my health kick rampage and McDonalds is on the up and up.

Ironically, I've noticed them slowly raising their prices and they're still making profits! Wow. Because even after raising their prices, they're still cheaper than 90% of restaurants(fast food joints included.) Who can compete? Burger King, Wendy's and Taco Bell. I bet they're all up in profits. Worst of all, they're marketing to children. No wonder we have such a child obesity problem in this country. I think it should be illegal to market high fat, high calorie foods to children under 10 years old. In my opinion, it's child abuse to feed your kid that crap on a regular basis. You wouldn't let your child smoke, so why predispose them to obesity and diabetes? That's just me. MAYBE once a month or for a birthday party, if kids even have birthdays there anymore, which I doubt.



I do feel for parents and everyone right now because healthy/organic food is so expensive nowadays. I KNOW most of it's a scam too. Yes it's healthier, but how much harder is it to grow a regular carrot, than an organic carrot? Not so much. Sure there's no pesticides or growth hormones, which is definitely beneficial. No doubt. Here's the discrepancy I'm talking about: Whole Foods had a small bag of carrots for $3.99 and a local grocer had "regular" carrots for 69 cents a bag. Whoa! That's WAY too much to profit on carrots. I could go on and on, but I won't. The examples are painful and endless. It's just such a jip. If most people knew what grocery stores did to profit it would sicken us to death. The mark up is so high and they throw disgusting amounts of food daily.

Now, McDonalds comes out #1. Go figure. Below is a direct excerpt I found.

As North America dips into a further recession, consumers are seeking lower prices. That seems to be the case, as McDonald’s has experienced a surge in profits and has announced it will invest $2.1 billion to open 1,000 new stores worldwide. Same-store sales were also up an impressive 7.2% Q4 net income was down 23% to $985.3 million ($0.87 per share), from $1.27 billion ($1.06 per share) year over year in the same period, missing Wall Street expectations. McDonalds also attributed the surge in sales from higher demand as consumers seek lower food prices.

SOURCE: business2press.com
Posted on 26 January 2009 at 6:37 pm in Business by Hercules K