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re: Prices of goods we use every day are rising at their fastest pace in three years

Posted on 5/5/21 at 10:59 am to
Posted by GRTiger
On a roof eating alligator pie
Member since Dec 2008
68926 posts
Posted on 5/5/21 at 10:59 am to
Sounds good. Who should conservatives have voted for last November? Relative to the times we are in, Trump's policies up to covid were pretty conservative. So was it laughable that conservatives supported him from 2017-2020, or was it laughable when he fricked up and was subsequently up against a guy who, back when he could actually have a coherent thought, used conservative as a slur for the first 50 years of his political career?

At this point, Republicans/conservatives are simply a speed bump on the road to extreme leftist policies. It's not an uncommon story in global political history. Progressivism is a 300lb running back barreling down the field, with moderate and conservative ideas simply arm tackles trying to slow him down.
Posted by LSU fan 246
Member since Oct 2005
90567 posts
Posted on 5/5/21 at 10:59 am to
I think its a combo of things with the unemployment/stimulus being the center. When we were at 25/50% capacity, you didn't need as many employees. If you tried to keep more than you needed, their hours were slashed. They were in a tight spot.

People also just left the industry altogether. Plenty of these were in it for awhile and they just needed the nudge out the door.

I dint think you're going to get some number to appease yall though
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
135701 posts
Posted on 5/5/21 at 11:00 am to
quote:

That's just the price of unity, amirite?


Depends on your definition of unity, but yeah.
Posted by LouisianaLady
Member since Mar 2009
82666 posts
Posted on 5/5/21 at 11:00 am to
quote:

The complaint I've seen is they can't even hire anyone because the labor pool is sitting at home drawing unemployment because it pays more than what they can earn at the restaurant. While I'm sure that is happening, what me and the other poster are wondering is at what level it is happening. There seems to be a general sentiment that it 100% the cause of it.



I don't think servers/bartenders are making more at home on unemployment than they were making in tips, but some people will happily take a pay decrease to sit around at home as long as it covers their bills.

Back of house staff is definitely making more on unemployment because they aren't paid all that amazingly to begin with.

As you said, the solution to this is to pay them more, but what this means for you and me is that our hamburger is $17+ to afford this. Restaurants mostly run on very low margins.

During the peak of the pandemic, rather than raise prices dramatically, restaurant owners instead used the service fees and tips from the FOH staff and evenly distributed it to all employees. This is the kind of thing that causes all your good servers/bartenders to bail because they're now giving their tip money away and making less just to keep the BOH employees from staying home collecting unemployment.

Basically, at the end of the day, we all will be getting passed the torch in the form of increased prices.

Question is whether this leads to a decline in going out altogether.
This post was edited on 5/5/21 at 11:01 am
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
36444 posts
Posted on 5/5/21 at 11:03 am to
quote:

unemployment/stimulus being the center.


Based on what data or than that's "what you think"

What are your qualifications for anyone to value your opinion?
Posted by LSU fan 246
Member since Oct 2005
90567 posts
Posted on 5/5/21 at 11:05 am to
I said I think. We are having a discussion here. I don't know the exact answer, he doesn't know it, we both acknowledged that.

Posted by Buckeye06
Member since Dec 2007
24962 posts
Posted on 5/5/21 at 11:05 am to
I work in consulting for companies reorganizing/liquidating. Usually too late for them sadly
This post was edited on 5/5/21 at 11:59 am
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
36444 posts
Posted on 5/5/21 at 11:06 am to
quote:

As you said, the solution to this is to pay them more, but what this means for you and me is that our hamburger is $17+ to afford this.


Does it? What percentage is DL to total price? A rise in one input is not linear to price of your product.

quote:

Restaurants mostly run on very low margins.


What is the leading contributor to this? Would labor prices rising cause prices to rise or would it cause a change in model or would it cause a small reduction in that input?
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
36444 posts
Posted on 5/5/21 at 11:07 am to
quote:

I said I think


Right, why do you think that. What data have you consumed to formulate that opinion? A bunch of shift workers repeating it on a website?

Posted by DemonKA3268
Parts Unknown
Member since Oct 2015
21097 posts
Posted on 5/5/21 at 11:07 am to
quote:

What are your qualifications for anyone to value your opinion?


That can be said to every one on here. We all have our opinions and assumptions. No one knows what is going to happen with any degree of certainty.

Pure speculation.
Posted by Sao
East Texas Piney Woods
Member since Jun 2009
68469 posts
Posted on 5/5/21 at 11:09 am to
quote:

Decrease in illegal immigration
Lowered taxes (immediate boost in my take home pay)
Passed bill to stop anti racism in schools (was being discussed in my child’s school)
Confirmed 3 non progressive Supreme Court judges


Going to let you in on a secret. Here goes.

The outgoing admin has measures in place the incoming admin "fixes". This creates the illusion one side is more caring or advantageous than the predecessor.

Morality. Taxes. Social. Safety. Jobs. Education. Fiscal. Hunger. Trade. Constitution.

The successor stumps to "change" those ills that are broken.

In the end, the money you were given on your paycheck for a period of time were siphoned in myriad of other ways. Even as simple as an increase in F150 prices. Or 401K losses. Credit card debt. You name it.

It's a scam. There is no such thing as D or R. It's all a ponzi.

Posted by LSU fan 246
Member since Oct 2005
90567 posts
Posted on 5/5/21 at 11:09 am to
Anecdotal from managers of a few places I frequent

And yes a few posters on here who I know are in the same positions

That's about the extent of my research into that industry
Posted by The Spleen
Member since Dec 2010
38865 posts
Posted on 5/5/21 at 11:10 am to
quote:

Who should conservatives have voted for last November?


The republican candidate. Then when he lost, they should have accepted the results like every other losing candidate before him did and moved on. Yet here we are today where Liz Cheney is being removed from her leadership position because she doesn't toe the party line that Trump won, and you have a parade of republican lawmakers making trips to Mar-a-Lago to kiss the ring.

quote:

At this point, Republicans/conservatives are simply a speed bump on the road to extreme leftist policies.


Yes, that's what Democrats have been saying since 2008. The conservative party is no longer a party of ideas, they're a party of obstruction.
This post was edited on 5/5/21 at 11:13 am
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
36444 posts
Posted on 5/5/21 at 11:10 am to
quote:

That can be said to every one on here.


Of course, if he works for a hedge fund in going to value his opinion on mergers than if he were a plumber and there's nothing wrong with that. He can have an opinion on the topic whether he's a plumber or not, but having credentials makes your opinion carry more weight.

Posted by TheRouxGuru
Member since Nov 2019
13482 posts
Posted on 5/5/21 at 11:11 am to
Jesus Christ dude it’s a message board. People are allowed to conversate about shite


Who the frick are YOU to question anybody??
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
294984 posts
Posted on 5/5/21 at 11:12 am to
quote:

they should have accepted the results like every other losing candidate before him did
\
2000
StOlEn ElEcTiOn

2016
StOlEn ElEcTiOn


You have very short term memory.
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
36444 posts
Posted on 5/5/21 at 11:12 am to
quote:

Anecdotal from managers of a few places I frequent


So you are using a hyperlocal example in a passer by conversation?

quote:

That's about the extent of my research into that industry


So, essentially, you don't know shite
Posted by MorbidTheClown
Baton Rouge
Member since Jan 2015
73513 posts
Posted on 5/5/21 at 11:12 am to
15k posts and people still reply to mungo. it's a mystery.
Posted by A Smoke Break
Lafayette
Member since Nov 2018
2175 posts
Posted on 5/5/21 at 11:12 am to
quote:

My only hope is the rest of the world is so screwed it offsets the damage we’ve done to ourself.


Europe, India, and parts of asia, yeah. Japan specifically.

Canada too
Posted by LSU fan 246
Member since Oct 2005
90567 posts
Posted on 5/5/21 at 11:13 am to
quote:

Then when he lost, they should have accepted the results like every other losing candidate before him did and moved on.


Come on man. Lol
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