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Non-Cattle Specific Topics
Coffee Shop
Breakfast Inflation
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<blockquote data-quote="Son of Butch" data-source="post: 1682839" data-attributes="member: 14585"><p>Hmm, maybe making $15 hour will stimulate more to eat out and increase restaurant volume leading to a return of the old menu prices, but I highly doubt it.</p><p>Local businesses that were advertising $12 hour starting wages 2 years ago are now advertising $14 hour to start, so marketplace supply and demand has almost reached $15 already.</p><p></p><p>Steve is probably the closest in reasoning.... business volume.</p><p>It was a very popular, very busy restaurant that seemed to be consistently running</p><p>at 75-90% capacity and a good number of times on weekends having to wait for a table putting them at 100% capacity. Now I'm guessing their total business volume is probably down by a 1/3 or more. Maybe it will bounce back in 6 months.</p></blockquote><p></p>
[QUOTE="Son of Butch, post: 1682839, member: 14585"] Hmm, maybe making $15 hour will stimulate more to eat out and increase restaurant volume leading to a return of the old menu prices, but I highly doubt it. Local businesses that were advertising $12 hour starting wages 2 years ago are now advertising $14 hour to start, so marketplace supply and demand has almost reached $15 already. Steve is probably the closest in reasoning.... business volume. It was a very popular, very busy restaurant that seemed to be consistently running at 75-90% capacity and a good number of times on weekends having to wait for a table putting them at 100% capacity. Now I'm guessing their total business volume is probably down by a 1/3 or more. Maybe it will bounce back in 6 months. [/QUOTE]
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