Nice little company you’ve got there. Shame if anything were to happen to it.
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Trio of Democrat senators threaten McDonalds after Trump visit
GOP Pennsylvania Senate candidate Dave McCormick slammed his opponent, incumbent Sen. Bob Casey, D-Pa., for "retaliating against McDonald's" after former President Trump visited a location of the fast-food company in the Keystone State while on the campaign trail.
A trio of Senate Democrats — Casey, Massachusetts Sen. Elizabeth Warren and Oregon Sen. Ron Wyden — on Monday issued a letter to the CEO of McDonald’s, castigating the company for reported price gouging, just one day after Trump worked the fryer at a franchise of the fast-food chain during a campaign event in Feasterville, Pennsylvania.
The trio's letter accused the business of inflating prices on consumers to grow profits, sparking McCormick to slam Casey for using "vindictive pressure tactics, simply because he doesn’t like Donald Trump."
Who’s the threat to democracy?
Democratic senators slam McDonald's for menu price hikes they say have outpaced inflation
“Corporate profits must not come at the expense of people’s ability to put food on the table,” read the letter from Sens. Warren, Casey and Wyden to the fast-food chain’s CEO.
Three Democratic senators are asking McDonald’s about its menu price hikes in recent years, arguing that the increases are higher than they should be — even with inflation and rising operating costs.
In a letter sent late Monday afternoon, Sens. Elizabeth Warren of Massachusetts, Bob Casey of Pennsylvania and Ron Wyden of Oregon demanded that McDonald’s President and CEO Chris Kempczinski explain the chain’s pricing decisions.
“McDonald’s own reports indicate that the company’s price increases may be outstripping inflation,” read the letter, which was shared first with NBC News.
Operating expenses at McDonald’s increased by 16.5% from 2020 to 2023, while its net profit margins increased from about 26% to 32% in the same period, according to the letter.
“As a result, McDonald’s net annual income rose by over 79% — to nearly $8.5 billion — from 2020 to 2023,” it said.
Pure bullshit, but demagogues specialize in that. That, and threats and intimidation.
