As inflation fury lingers, politicians join customers in pushing companies to cut prices

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Companies like Kroger, Walmart and McDonald’s are getting caught in the political messaging around inflation ahead of the 2024 election.

Walmart, McDonald's and Kroger are among the companies that have found themselves in the political debate over higher prices or other moves that could hit Americans' wallets.

Democrats — particularly those like Casey who are trying to win races in competitive swing states — are trying to capitalize on frustration against companies overan X account run by House Republican leadership criticized Biden's economic policies in late May by listing some of the popular fast-food menu items that customers now pay more for at McDonald's, Chick-fil-A and Taco Bell.

But food at home is up 26.2% since June 2019 and food away from home, which mostly includes restaurant meals, is up 27.2% in the same period. In response to the uproar, McDonald's U.S. President Joe Erlinger wrote an open letter and released fact sheets on the chain's pricing. It was a big step for the company, which typically handles rumors or negative press with a succinct statement, not a 13-paragraph letter from a top executive.the actual average prices for a Big Mac or a 10-piece McNugget are up 21% and 28%, respectively, over the last five years — significant increases, but much less than described on social media.

 

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