/ck/ - Food & Cooking

>>19959037
>>19959042
The Biden team is very upset about the viral dangerous misinformation about McDonald’s being expensive proliferating TikTok. It is now working with both TikTok and influencers to set the story straight about the price of McDonald’s Big Macs.

https://www.washingtonpost.com/business/2023/11/24/bigmac-price-tiktok-biden-economy-inflation/

>Some economists think these kinds of comments are not just wrong but dangerous. They have been astounded by polling data on Biden’s economic approval and surveys of consumer sentiment, where results during the Biden administration are similar to the Great Recession, when unemployment was close to three times as high as it is now. These economists fear that these exaggerated stories will ultimately lead to a worse outcome — perhaps helping Trump win reelection — and that it is vital to make clear that this remains by many measures one of the best recoveries in modern U.S. history. They also express confusion over why consumers continue to spend so heavily, if the pessimism is driven by economic insecurity.
>These stories soon reached the White House Office of Digital Strategy, which tracked the meme as one of many exaggerated examples of the nation’s economic woes, according to a White House official, speaking on the condition of anonymity to reflect internal discussions. In reality, inflation has been steadily subsiding, and last week the government reported price hikes had eased yet again in October. The average Big Mac nationally as of this summer cost $14.58, up from $8.89 — or roughly $6.50 — before Biden took office, according to an index maintained by the Economist. That’s up more than 70 percent, but it’s not $16.
>The White House official said the administration is working with TikTok creators to tell positive stories of Biden’s economic stewardship, while also working with social media platforms to counter misinformation.