Fast food raises prices because people demanded higher minimum wage.

[pknopp]

Not this shit again....
Fast food is not a career unless you go into management which can lead to owning a franchise.
We can teach a chimp to flip burgers.

Fast food is now a career since so many jobs are sent overseas.

 

[JohnDB]

Fast food sells heavily processed foods that have been have been heated, portioned, and wrapped.

Processed foods are super expensive right now as processing plants are running on skeleton crews at half capacity.

Whole meats and foods.... minimally processed are much cheaper...but that's not what these places sell.

It's not just fast food restaurants labor but all the way back up the supply chain labor price increases.

 

[Admiral Rockwell Tory]

Oh no!

My Big Mac is going to cost me an extra quarter!

Oh no!

Yeah, with Biden's inflation it will be just a quarter. Another quarter the next week. Another quarter the week after that, and so on!

 

[krichton]

So inflation isn't to blame, but minimum wage is? Right... Chipolte hiking their minimum wage to $15/hr was to stay competitive in the market. They chose to do that. The national minimum wage is still a paltry $7.25/hr. For a chain to pay $15/hr this is a drop in the bucket. It's not even a blip on their radar and has zero effect on their prices.

 

[initforme]

Those meat processing jobs are really attractive. Lol

 

[Admiral Rockwell Tory]

Fast food sells heavily processed foods that have been have been heated, portioned, and wrapped.

Processed foods are super expensive right now as processing plants are running on skeleton crews at half capacity.

Whole meats and foods.... minimally processed are much cheaper...but that's not what these places sell.

It's not just fast food restaurants labor but all the way back up the supply chain labor price increases.

You obviously have not priced quality beef recently!

 

[Admiral Rockwell Tory]

So inflation isn't to blame, but minimum wage is? Right... Chipolte hiking their minimum wage to $15/hr was to stay competitive in the market. They chose to do that. The national minimum wage is still a paltry $7.25/hr. For a chain to pay $15/hr this is a drop in the bucket. It's not even a blip on their radar and has zero effect on their prices.

Competitive with who?

 

[JohnDB]

You obviously have not priced quality beef recently!

Demand is rising... because believe it or not we are missing the most food efficient sector of the service sector... catering.

Home cooking usually wastes more food than the professionals who use strict portioning...the whole "clean your plate" philosophy has been missing for the past three generations. Most office workers have at least one catered meal or restaurant meal a week.

Many people are still working from home.

 

[Admiral Rockwell Tory]

Demand is rising... because believe it or not we are missing the most food efficient sector of the service sector... catering.

Home cooking usually wastes more food than the professionals who use strict portioning...the whole "clean your plate" philosophy has been missing for the past three generations. Most office workers have at least one catered meal or restaurant meal a week.

Many people are still working from home.

As a resident of the state that produces more beef than any other east of the Mississippi, I can assure you, your information is erroneous.

 

[Gracie]

They just built a new KFC here. Went in and 5 tenders only...nothing else....11 bucks. No thanks.

 

[JohnDB]

As a resident of the state that produces more beef than any other east of the Mississippi, I can assure you, your information is erroneous.

Not according to the futures market and the volumes I'm seeing.

 

[HereWeGoAgain]

Fast food is now a career since so many jobs are sent overseas.

Gee...and whose fault is that?

 

[Admiral Rockwell Tory]

Not according to the futures market and the volumes I'm seeing.

It is not demand. It is scarcity.

 

[pknopp]

Gee...and whose fault is that?

Wall Street mostly.

 

[JOSweetHeart]

Don't eat fast food. Why eat that sludge? It tastes terrible and had zero benefits. It's in a word...toxic.

There is always the chance that it may not be just the fast food chains. The other restaurants may not be any different. The grocery and department stores can also be just as bad. Because of there being this thing called inflation, will what people make from their jobs ever be sufficient enough?

God bless you always!!!

Holly

 

[dblack]

Because no one else ever asks for or gets a higher wage which also raises prices?

That's not artificial. That represents real market value. It's when you try to force a specific value that things go sideways.

 

[Who_Me?]

Geez, you all are worried about the cost of your flipping Big Mac when the broader issue is that inflation in all industries will result as well an unemployment.