Quote:
Originally Posted by Michael 61
I think the OP point is that 1) accept high prices, regardless of high they go, and stop your sniveling 2) accept poor service (but still tip 20% plus) 3) Landlords that expect their tenants to pay their full rent as promised are heartless, and they should suffer any financial hardship instead of their tenants.
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This appears to be "the sign of the times". Restaurants are one data point on a whole spectrum that makes up the overall economy. That is, wholesale supply costs AND retail prices and company profits are in a less stable FLUX than several years ago. That dangerous word........INFLATION has taken over the US and world economies. The FED has some tools to tame inflation and return a RUNNING AWAY system back to normal growth. But it is tricky in that, do they slam on the brakes or do they just tap the brakes through interest rate hikes?
If the FED gets its difficult mandate wrong, then more restaurants will go under. And the restaurant industry could be the "tip of the iceberg" and more and more businesses could be closing.
The "sign of the times" could be........CLOSING.