A Dollar Menu Economy in a "Full Employment" Fantasy Federal Reserve Chairman Jerome Powell stood before the American public last month and said—without a hint of irony—that the job market is strong and the economy is at “full employment.” Yet this week, McDonald’s slashed prices on its combo meals after quietly admitting that its menu has become unaffordable for the average consumer. Let that sink in: a company built on $5 meals is now trying to win back customers by rolling out emergency price cuts. This isn’t what an economy at “full employment” looks like. It’s what financial strain looks like when disguised under a mountain of manipulated statistics. Warning Signs Are Flashing—And Not Just from the Golden Arches Let’s…
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