Also one of the lead stories on Fox News.
None of this would be happening if Bidenomics had not caused the catastrophic rise in inflation the past 3 years.
Originally Posted by Jackie S
LOL.- yeah ok. Perhaps you were sleeping during 2019-2021 when the country was locked down, and then re-opened?
Sudden surges in demand will ALWAYS reduce supply and increase prices.
It's econ 101.
But please tell us why the stock market is at an all time high, and low unemployment numbers AGAIN. What specific Biden policies are you referring to that HE has caused inflation vs. an economy that was locked down for 20 plus months, suddenly re-opening?
Perhaps Wendy's is just slow on the uptick to raise prices more like their competition did. McDonalds did, as did most restaurants. In fact, labor is usually the biggest cost to restaurants, over food prices, but the variable pricing model would help restaurants mainly to cover shifts where they are busy- Most of these places operate today on a minimally viable staffing model. Most managers are there as operations/ fully on site in the BOH operations either cooking, or training new folks in addition to the bookkeeping and ordering.
The same reason we bitch about the shitty service at FF restaurants, is that these companies have found out that 6 dollar burgers just can't be made with the same level of employee service that was what made their restaurants successful. You can however likely make that experience again with an 8 or 9 dollar burger. The days of cheap-ass food and Ho's has come to an end. They masses isn't going to settle for $7.25 minimum wages; and if they could get away with paying that little, the service would be also at the minimum. Or they could hire out some jailbirds to make you baconator.