Fun With Inflation
January 4, 2009
I recently came across this McDonald's advertisement from 1987.
Now, I haven't been to a McDonald's in months, and I understand there are plans (if it hasn't already been done) to replace the Double Cheeseburger with a product known as the McDouble (one slice of cheese instead of two); nevertheless, according to the Bureau of Labor Statistics inflation calculator, the cost of a 1987 Double Cheeseburger in today's dollars is roughly $1.85. So a Double Cheeseburger for anything less is still a good deal in real dollars. Of course, given the growing rates of obesity and other health related illnesses in America, maybe it isn't a good deal at all?
Now, I haven't been to a McDonald's in months, and I understand there are plans (if it hasn't already been done) to replace the Double Cheeseburger with a product known as the McDouble (one slice of cheese instead of two); nevertheless, according to the Bureau of Labor Statistics inflation calculator, the cost of a 1987 Double Cheeseburger in today's dollars is roughly $1.85. So a Double Cheeseburger for anything less is still a good deal in real dollars. Of course, given the growing rates of obesity and other health related illnesses in America, maybe it isn't a good deal at all?
