[Bullish]

My family has been in the restaurant biz their whole lives and I worked in them too as a kid. The margins on food is so tiny that you have to sell tons of food to have a successful restaurant. The prices have to be set in just the right "sweet spot" so as to be able to move your inventory and still make a profit. If small restaurants are forced to pay such high labor then they will have to raise prices too keep them afloat. There's no alternative to that except maybe automation.

It's really an already dying business model that they operate under and now greedy liberals want to drive the final nails into the coffin.

Liberals NEVER have an economic idea that isn't destined to be a complete and utter failure.

[philled]

Yes- found that margins are really in the beverages, not the food. General rule was that each item’s menu price needed to be three times the ingredient cost but that was usually “too much trouble” and prices were often on feel. If house labor costs doubled, I’m thinking four times ingredient would be a minimum starting point. So, an entree that was $21 would need to become at least $28-— and a harder sell.

[wally_bert]

One liberal restaurant plan is simple.

Drive everyone out of business and have all the serfs dine on gruel ala Moochelle.

The higher beings of course would enjoy fine dining with all the trimmings routinely.

[dsc]

“It’s really an already dying business model that they operate under”

Really? Restaurants are a dying business model? Why?