Posted on 03/13/2024 1:11:14 PM PDT by CFW
Ricardo Lopez was long reluctant to raise the prices at his Mission District restaurant La Vaca Birria, where he serves succulent beef braised in a red broth packed into burritos and tacos. But as of late, he simply has no other choice to remain afloat. “I wish there was something else that I could do,” he said. Just like seemingly every other restaurant in the Bay Area, prices have been increasing at La Vaca Birria, and customers aren’t always accepting of the change. So in a recent Instagram post, Lopez addressed a customer complaint about high prices and broke down the reasons his popular grilled cheese birria burrito has gone from $11 a couple of years ago to its current price of $22.
[snip]
Key ingredients for Lopez’s beef birria, like USDA Choice grade chuck, have gone up. When he began the business as a food truck about three years ago, it was $4 per pound; two years ago it was $4.50, and now it’s $6. Because the restaurant uses about 2,500 pounds of beef per month, the $2 increase costs $5,000 per month. Other ingredients he uses like onions have jumped in price from around $11 to $80 for a 50-pound sack. Soybean oil has climbed from $20 to $50 per container. Even mesquite charcoal, a key component for his smoky grilled meats, is more expensive. (According to the U.S. Bureau of Labor Statistics, food inflation was up 2.2% year-over-year in February, and overall inflation was 3.2%.)
(Excerpt) Read more at sfchronicle.com ...
The voters who were so foolish as to get suckered by the left and the media that Trump was racist, a dictator, etc and that he had to be voted out due to his mean tweets, are responsible for voting for the destruction of our nation's economy.
Article behind a paywall: Here is a paywall free link:
One of S.F.’s best burritos now costs $22. Why this acclaimed taqueria nearly doubled its price
haves...have nots.
Costs of taxes, restaurant upkeep, labor, and advertising, are usually more important.
Even with the increased prices, I would bet the cost of the food, to the restaurant, for this burrito, is less than $5.
But that old guy yelling on the TV last week said the economy is doing great. 🤔
He didn’t point out taxes rising in the socialist hellhole he lives in.
People of San Francisco:
“Keep supporting Leftist Elites ! It is working great !”
I’m surprised San Fransicko hasn’t shut him down for burning mesquite charcoal. /s
“Nothing that I can think of has returned to pre-COVID pricing,” Lopez said.
This is also a problem.
It’s not pre-Covid, it’s pre-Biden.
They refuse to see.
California has high fast food minimum wage — $22 / hr I think.
Energy is a big cost of production, too (heating, cooling, refrigeration, cooking, truck fuel). CA has the highest energy prices in the country.
prices dont go down, like taxes they only go up.
I work in medium size industrial and distribution company. I have visibility on ALL purchases for the last 25 years - everything from paper boxes to insurance to professional services, to raw materials to utilities.
For fun, I created a list of about 40 regular items we pay for and went back and checked prices to 2002. Its a crude list, and unlike the BLS or Dept of labor stats, it doesn’t count hedonics, substitution, or improvements from “better” products (for example, faster computers or better mobile phones)
From about 2002-2008 price inflation was about 3-4% per year. from 2008-2020 it went to about 6% per year.
After 2020, we’re still “recovering” from Covid. Prices of many physical goods and transport jumped immediately by 30% or more, and stayed there or only declined slightly. Labor, insurance and other items rose more slowly, but steadily. I estimate inflation since 2020 at about 12%-13% per year.
Our revenue is a lot higher, but with a headcount 20% below 20 years ago. That’s the result of inflation, but also constant improvements and investments in technology and software.
But that’s how inflation is pure government THEFT - we work our asses off to keep costs low, so that the Federal Reserve and Fed.gov can print money to STEAL all our efficiency gains, and more, with debased money
Yes. Bears repeating.
And, it is not just us. Everyone around the world who deals in dollars is being stolen from.
But Sideshow Bob Jean Pee-aire says the economy has never been better. A 22 freaking dollar burrito? Pass.
Lots of mullah for a fart muffin.
The cost of worker comp insurance in CA. is out of control also!!
[But Sideshow Bob Jean Pee-aire says the economy has never been better.]
Still, I’m thinking she’ll eventually get that Bart Simpson.
Fish sandwich in San Diego, was $20, 9 years ago.
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