Daniel
Gold Member
- Joined
- Oct 3, 1998
- Messages
- 3,891
A lot of their increase is due to the last controllable expense- labor. As the required minimum wage increases so does the restaurant’s costs. Nope, can’t really control the food costs, but they do continue downsizing portions. Now, they have to overcome much higher operating expenses. It would be great if the voters voting for minimum wage increases understood economics!
It all reminds me of living in the 1970’s. Prices were going up day by day. Then, Reagan was elected.