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re: Restaurants nationwide raise prices amid soaring costs, labor shortage

Posted on 6/2/21 at 10:43 am to
Posted by deathvalleytiger10
Member since Sep 2009
7644 posts
Posted on 6/2/21 at 10:43 am to
quote:

Or are we bending the rules of capitalism when we see fit.


LMAO. You think free market capitalism was taking place over the past 14 months?
Posted by A Smoke Break
Lafayette
Member since Nov 2018
2065 posts
Posted on 6/2/21 at 10:46 am to
quote:

LMAO. You think free market capitalism was taking place over the past 14 months?


Of course not. But do I believe underperforming stores/restaurants doomed to close anyways were just pushed over the edge a little early? Yeah.

And do I believe some of those establishments actually took the opportunity to change, evolve, and fix their own models to actually perform better long term? I believe that as well.
Posted by AUCE05
Member since Dec 2009
42582 posts
Posted on 6/2/21 at 1:29 pm to
I am saying if your restaurant needs to employ slave labor practices and rely on your customers to decide and contribute on income gaps, then your business model is outdated. There just may not be a niche for $15 deli sandwiches or really cheap hamburgers.
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