Do you want to see a very clear sign that our standard of living has gone way down?  When I was growing up, middle class and low-income Americans flocked to fast food restaurants such as McDonald’s and Wendy’s.  But now we are being told that high prices have “driven away lower-income customers” from McDonald’s, and Wendy’s is being forced to close hundreds of locations.  Most of us just can’t afford it anymore.  U.S. consumers are being squeezed financially to a degree that we have never seen before, and as a result most of them have very little discretionary income to spend.

The post Americans Are So Poor That Now Even Eating At McDonald’s Is Considered To Be “Prohibitively Expensive” For Many People was first published by Michael Snyder on The Economic Collapse Blog and is republished here with his permission. Please support his efforts.