wait, people were able to afford it before? never went becuase it was overpriced.
Used to be able to feed my partner and I for less than $20 easily and have leftovers.
Now it’s damn near $30
thats still crazy, i don’t eat out much just on price alone but also most places i find the food too much.
I feel like I’m trying to rationalize insanity, and I do understand the reason, but why does the burrito company need stock?
why not?
On top of what others said, they issued it for cash so they can expand their business and pass the risk onto investors.
…Hence the risk now.
The stock holders are the owners. The owners can in theory direct the board of people representing their interests to do whatever, but generally stock owners want the board to do things they believe will make the value of the stock go up. Like any average owner of a private company, just we all get to watch since it’s a public company.
Money
Remember the $1 grilled cheese truck guy?
https://www.distractify.com/p/one-dollar-grilled-cheese-truck
It didn’t ever actually happen (that I know of) but those trucks should exist everywhere and park right next to overpriced fast food restaurants to exert some economic pressure on them to lower their prices. Shit is ridiculous.
Yeah, what we got instead was a place selling lobster rolls for $23 a pop.
I am with you, there should be (a place selling dollar cheesies), but the fact that there isn’t is telling about how unfeasible that is.
Middle age people with jobs also can’t afford Chipotle in the PedoEconomy.
If I still lived near one (and also had money) I’d probably go to them still.
Chipotle has been shit ever since their data breach years ago. Fuck 'em.
I live twenty minutes from a Qdoba and they have yet to fuck up my order or skimp on toppings.
Do you boycott every company thats had a breach?
The Qdoba near me is garbage at folding burritos, and I’ve rarely seen anyone else in there. I wonder if it’s a money laundering front. Still better than Chipotle 😅
garbage at folding burritos
Please enjoy your fancy taco, sir.
Man, I am crushed by how badly my local Qdoba prepares their proteins. It’s not like that at other Qdobas.
It wasn’t the multiple ecoli scares?
Fuck, the chipotle skimping was such a load of bullshit.
Glad I don’t go there, or any restaurant, any more.
This must be the end of the monopoly game. I guess we either flip the board or die
Nah, we set up some pillars across the board and place another board on top. Repeat after that one is full. Each level gets more rickety.
Shit, I discovered Izzos Illegal Burrito and it’s much better at a fraction of the cost!
But but but…
That’s why it tastes so good.
10+$ for a mostly rice burrito? hard pass
rice and beans mostly, almost non-existent “lettuce”
Title should read:
#Chipotle goes under after last willing customer cratered pants after eating Chipotle
So that means Chipotle will lead by example and start paying all their employees a livable wage, right? … Right??
higher wages are not the solution; universal basic income is. higher wages just mean it’s even more difficult for companies to higher employees, which means there will be fewer jobs overall. also, you’re excluding people who are unable to work that way.
Overall job loss is not what happened the last thirty-odd times the federal minimum wage was raised, or any of the times individual states raised minimum wage, but go ahead and believe it will happen the next time for sure.
What has happened is the newly higher-paid employees spend that money, and the new demand creates new jobs, enough to offset the losses from the old employers deciding to manage with a smaller staff. As long as the size of the increase is in the same range as all the previous ones, there’s every reason to believe the effect would be the same.
I wish the federal congress would just do several years of catch-up increases, then tie it to inflation so we can stop arguing about it.
I’m all for higher employees!
*hire
They do tend to mess up my order, but they are at least super chill and nice when I kindly ask them to fix it.
Higher wages also just translates to higher rent for their landlords.
Shame poor people can’t connect these dots, but that’s why we are where we are.
that’s just factually not true. i’ll explain it slowly so you can follow:
rent is determined by two things: cost of construction and profit of the landlord.
cost of construction is more or less constant and wouldn’t change if people have more money to spend. profit of the landlord is subject to the free market, i.e. if renting out apartments becomes overly attractive (as in, landlords make more money with it), then new people will enter the market to also become landlords and rent out apartments. since these landlords are all competing against each other, they try to be more attractive to potential customers by lowering their rent, which means lowering their own profit. that’s how the free market works.
The way it actually works is that all the landlords outsource their paperwork to a rental management company like RealPage, which then algorithmically fix prices to be as high as possible.
as high as possible
as high as possible without losing customers to competing landlords
There are homeless people. They’ve already priced out millions of people. They don’t give a shit about “losing customers”. RealPage is the default service in the US, meaning everyone’s rent in each city is in the same ballpark and gets the same rent increase every year.
Not everywhere. Shockingly to many, cities with higher rates of apartment construction have falling rents.
https://www.redfin.com/news/rental-tracker-may-2025/
“Apartment construction in America has been hovering near a 50-year high, and even though renter demand is strong, it’s not keeping pace with supply,” said Redfin Senior Economist Sheharyar Bokhari. “Many units are sitting vacant for months, which means renters have power to negotiate concessions and landlords have less leeway to keep rents high.”
Yeah, you’re an actual idiot.
Keep being taken advantage of accordingly.
If you think inflation is bad now, wait until the government starts handing out free money. I’m no economist, but some of y’all are dumb as hell.
inflation is kinda irrelevant. what matters is people’s real buying power, and that would increase.
The government hands out free money all the time to people taking us for a ride.
I paid 16$ for a bowl the other day of the new steak. Ya. That was a hard pill to swallow. 16$. I could have gone to Applebee’s for that price, or Chilli’s!
Most of the time Chipotle’s “new” is just an old protein with a new exotic-sounding seasoning on it.
the best taco place in town (current opinion fluid, we just lost the previous best taqueria and we’re in mourning and search mode) has $2.50 tacos. I have the appetite of a teenager and three satisfy me, plus they’re delicious. i have trouble justifying going elsewhere
Yeah, my favorite taco place is in the back of a gas station. The cashier doesn’t speak a single word of English, but you can get by with some pointing at the menu, hand gestures, and “más queso por favor, y extra picante. Limón apardo.” Tacos are $2.50 each, a giant cup of refried beans is another two dollars, and he’ll usually slide you some extra tortillas to go with the beans for free if you’re a regular.
Sadly, I changed jobs and haven’t been there in a long time. I still occasionally think about making the trek across town, just to get some tacos. I hope he’s okay with all of the ICE raids… People that are pro-ICE shouldn’t be allowed to eat seasoned food.
“todos por favor” is my favorite phrase in spanish
I miss my old spot. Only place that did chicken like I like. Dry and overcooked. They had 3$ tacos and 3 would hit the spot.
Uh, the food at both those restaurants is considerably worse. It’s all just microwaved crap as far as I can tell. You CAN get a beer as either tho, which has them generally winning in my book tho.
shit. im over a decade older than that group and my wife and I have had to cut out all outside food for over a year.
My household and I weren’t able to eat at a restaurant since before COVID hit, even fast food had jacked their prices up too high. That’s only just now starting to change because we’ve left the US.
Just out of curiosity, what country did you move to and how does it compare with your lifestyle and cost of living in the USA?
Also $11 for a burrito? Yeah, miss me with that bullshit. I’m thankful for chipotle keeping me full while I was in college but shit is literally double the price it was then.
I think folks in our age group have cut more aggressively. More responsibilities
less “more responsibilities” and more once-in-a-generation/century crises.
maybe it has something to do with ripping people off on takeout orders
I thought I was CRAZY. I tried the $5 burrito hack on a take out order and was mildly unimpressed. It’s ok in a pinch but for 50 cents more I’ll get way more food at McDonald’s. My wife went in and ordered it on a different day and they gave her SIGNIFICANTLY more food. Like double. In that scenario it’s definitely worth it.
hearing people say “get way more food for $5.50 (total) at McDonald’s” is wild
in Canada, a jr chicken (mchicken equivalent? it’s been a while) is $4. used to be a good value. not anymore
I remember when the McChicken was a buck.
Same
Don’t forget all the other restaurants that are screwing us blue.
Taco Bell adheres to the 12.72% year over year inflation rate because why not?
Two mcchickens or a mcchicken and McDouble are only $5 in most areas.
One regular mcchicken on its own is like 3.79 (California, but I travel a lot and it’s sorta consistent).
Portland metro area a mcchicken is $4.20
They have the audacity to still have it in the “McValue” section
Here in AZ a sausage mcmuffin with egg is 6.99 before tax
