The CEO of McDonald's says that we're now living in "a two-tier economy." " If you're upper income earning over $100,000 things are good, stock markets are near all time highs... What we see with middle and lower income consumers is actually a different story."
thankfully McDonalds doesn't have to rely on "middle and lower income consumers" to stay afloat. they are famously exclusively enjoyed by only the uppermost echelons of society.
Wow he’s super out of touch. 100k things are good?! Is he crazy?! Stock markets are near all time highs? Is this a joke?!
CEO just figured that out? We've been living in multi-tier economy for decades. Or maybe they've just be pal-ing around with all the rich kids all these years til multi-billionaires made for the two multi billionaire/billionaire tiers.
Lol.No shit?
When will they roll out the Caviar Crusted Chicken Nuggets for disgustingly rich nepo babies?
You mean we're not Great Again? What a surprise!
People at McDonald’s can’t afford to eat at McDonald’s!
Sounds like maybe they shouldn't have been openly campaigning for the guy who was promising to impoverish their customers
now McDonald’s pretends they care about worker?
it’s really sad when we have the CEO of one of the most exploitative multinational corporations out flanking the Democratic Party on economic issues…
Earning over $100K these days is not enough. Ffs.
Big if true.
Lmfao bitch society has always been like that.
Earnings of over $100,000 is not upper income. You cannot qualify for a mortgage with that.
Says a guy that made $18.5 million last year as he lowers the cost of a cheeseburger to a flat $3 for the poors.
It’s Daniel Kahneman’s “happiness is 60k/yr” but after inflation
Leave it to a CEO to have a revelation decades late
It's always "actually" been a different story. Not that you or other CEOs ever did anything to make things better. Due to your continuing greed it's more pronounced and obscene than ever before.
I’m sure this multimillionaire is well acquainted with the economic situation of middle and lower income consumers.
No shit.
He was a big Trump supporter. Middle class these days is $60,000 to $150,000
So he’s decided to take a huge cut in pay so that the employees can be paid more? Yeah, I didn’t think so.
Company whose workers are nearly all low income should probably look to do something about that
Trump voters effed themselves, again.
No shit Sherlock
And the over $100,000 aren't buying McDonald's! Pay your workers a liveable wage! They float the economy!
I would like to push back on that. Market is up 10% and dollar is down 15% vs the euro. Plus, rich ppl that are actually smart know they have won the game and want stability. This insanity and unpredictability is the worst thing for everyone but the 0.1%
Making Trump follow Project 2025 was a great start to looting and feudalism but rich people knew Trump's stupidity and thuggery would get in the way. Rich people don't need to stop the insanity and un-predicatability: They need to stop it hurting them. They can leave the USA or hide in a bunker.
More CEOs need to stop living in fear and let everyone know just how much damage #Trump is doing.
Really? A different story? What a fucking revelation.
We're NOW living in a two-tier economy?! Buddy, we've been a two-tier economy since the conception of the stock market. The political economic state makes it virtually impossible for the haves to ever become the have nots at the expense of the have nots. And it's only going to get worse.
GOP Under Eisenhower (1953-61) : •Fed Inc Tax on Wealthy was over 90% •Fed Corp Tax on Wealthy was over 50% GOP 2025 : •Fed Inc Tax Rate is 37% •Billionaires (Bezos Musk DJT) Move to States w/ no state inc tax •GOP says socialism is anything that doesn’t overwhelming benefit rich
Republicans are in total control so yea
And McDonald’s helped him get elected. The lower tier are the ones that eat at McDonald’s so think about what they’ve done to themselves. 🙂
WOW!
www.inc.com/bruce-crumle...
Well, DUH!
Give this guy a Nobel Prize in Economics. Sheesh.
Thanks, Captain Obvious.
1/2 - A case study in class warfare. It doesn’t take much to earn $100k. He draws the line where he wants, and decides there’s two tiers. Make the “I think I’m rich” try to separate from the “I know I’m not rich”, (who collectively have nothing), so the actual rich can keep having everything.
2/2 - You can earn $100k and be homeless in a matter of months. It is nothing when everything is expensive. Literally everything is absurdly expensive. And it doesn’t have to be. Just requires that the ultra rich don’t get to be ultra rich via wealth based taxes and we put guardrails on capitalism.
So is the min wage at McDonald's going to be 50 an hour?
Wow breaking news
why does the larger tier not simply kill and eat the smaller one
One has the police dept backing it and the other is probably voting against their interests.
Because people are afraid of the consequences they're not ready to make the sacrifice they're too comfortable
All in good time…
Asking the real question
In that same interview they also mentioned signs of distress in those making over 100k. We're almost into recession territory. Trump is lucky a lower court called the tariffs illegal. He won't have a lever to pull but the economy will do much better. They saved him but we'll see what SCOTUS does.
My husband makes 100k a year. We barely make it paycheck to paycheck. They WILL find a way to bleed you fucking dry.
The CEO of McDonalds should be shitting his pants in panic as revenues plummet to zero if we could all just get a clue and stop eating their garbage. It’s not even food.
Two totally different realities, well three, the elites, the rich, and the working class. Those Americans in the 100k earning are struggling, there is no more middle class. So to be totally honest there are two realities, the elite, and the working poor
I have issues with McDonald’s taking the high ground. CEO Chris Kempczinski made $19.2M in 2024—an 8% increase—while workers earn minimum wage. His real worry is that people can’t afford breakfast and lunch at his restaurants. Pay your workers better - lead the way.
Nobody over $100k is doing well, except maybe in really small, rural areas. $250k, but not $100k.
Back in 2004 Candidate John Edward’s made Two Americas central to his campaign as US President
And Earlier, Martin Luther King Jr en.wikipedia.org/wiki/Two_Ame...
The minute anyone finds themself with disposal income their values start to change. They begin to lose empathy for others and see the person who doesn’t have enough money to pay their bills as a deadbeat.
And he stated that is his target customer.
Us folks earning less than 100,000 have noticed….
It’s staggering that the CEO is only recognizing this now. The central tenet of John Edwards’ campaign in 2006/7 was Two Americas. That is to say, Bruh, we been in a two tier economy for at least 20 years now. It must be nice to never notice the poors. Good for him.
We have a two-tiered system because the upper tier spends to keep us divided
"Now" Such a curious word. When wasn't the US a two-tier economy? The 1600-eds?
I would agree with this. I'm right at $110k yet live on only 60% of that. My wife is similar
People earning just over that ‘magic number’ often feel stretched too. The cost of living hits hard, and salaries that seem high on paper don’t always translate to financial comfort in real life
I remember a friend struggling with his 100k salary and he was basically taking care of a bunch of other people who couldn’t afford bills, car repairs, rent… that sort of thing
I would be curious to what their financial decisions were. They may also be on the younger side and still paying for kids etc. Having a modest mortgage at 4.5%, no credit card debt or auto loans makes a world of difference. You have to have make good decisions or you are screwed
No shit Sherlock
It is not a surprise that the CEO of McDonalds significantly overestimates how good it is these days if youu're making $100,000
Wtf are you people talking about? The maggot gop has kept federal minimum wage at $7.25 an hour That's barely more than 15000 a year BEFORE taxes So please go on with your numbers that mean NOTHING
That’s only if you care to look
and how is this different to any other time. it’s not. when you earn, life is always good. the economic system runs in your favour.
There is very little of the middle class left. At this point, you can either support yourself or you can’t.
This is also bullshit, we bring in 100k and are living paycheck to fucking paycheck. Shit is hard when you have shitloads of medical needs and your state is fucking useless and too dangerous to even attempt to ask for fucking aid for special needs kids.
shoeshine boy giving stock tips is like the CEO of McDonald giving economy tips!
Hate to break it to him but $100k isn't upper income especially for couples and families, in many parts of the country it is a paycheck to paycheck existence barely scraping by.
There are also families and couples in those same parts of the country living paycheck to paycheck making under $40k. I bet an extra $60k gross does make a difference. Not upper income but far from poverty.
Exactly!! Shoot, I’d give anything for us to make 100k a year. I’m a sahm w my 5yo disabled son. It’s so fkin hard on a one parent income. So hard. But 100k we’d be set.
You wouldn't. I have two special needs kids and have to homeschool, get no aid whatsoever from the government because I refuse to put my kids into the Texas system to be murdered and abused. We barely make ends meet at around 120k a year. We could be homeless any day.
Basic living cost for a single person in my area is over $50k. That is BASIC. A family with an income of $100k is not living high. And it is extremely out of touch for someone with his wealth to imply that they are.
You missed the point entirely, he is an executive making over $18 million a year trying to say $100k a year makes one wealthy which is absolute nonsense. If you want to carry his water be my guest but I'm not buying his bullshit.