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National News
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Title: Skyrocketing restaurant prices outpace grocery costs; Restaurants are going bust.
Source: [None]
URL Source: https://citizenwatchreport.com/octo ... spite-moderate-grocery-prices/
Published: Nov 21, 2023
Author: Mike Rivero
Post Date: 2023-11-21 13:58:00 by Horse
Keywords: None
Views: 317
Comments: 5

“If you’re watching your budget, it might be time to skip the drive-thru and head to the supermarket.

In the 12 months through October, higher restaurant prices drove food prices above overall inflation, even as grocery prices were relatively low.

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#1. To: Horse (#0) (Edited)

I wonder what the going rate is now for Jewish weddings in Chicago at the Ambassador West Hotel? We did a lot of them back in the day working for the florist. Plus, Bar Mitzvahs also.

I recall going to do a pick up at Midnight. When we got there the band was still playing and people were dancing. The guy that was with me started taking the flowers from tables.

I told him, "You can't do that hen they are still dancing." He said, "I'm going out for a beer" and he never came back. I had to get all that equipment out by myself.

A few years later I was sitting in a bar room. And who walks in? You guessed it, the guy that took off on me at that wedding. He had a cane. I asked, "What happened to you?"

He said, "MS".

He might be dead by now for all I know. :-/

"When bad men combine, the good must associate; else they will fall, one by one." Edmund Burke

BTP Holdings  posted on  2023-11-21   17:33:19 ET  Reply   Trace   Private Reply  


#2. To: Horse (#0)

Restaurants are going bust. FALSE

Restaurants will not go bust. Of course a few will but that is normal. But generally they will survive and thrive because there is a demand. Where there is a demand, someone will fill the demand.

In this case, their is a huge demand to eat in restaurants. Therefore, restaurants will fill that demand.

DWornock  posted on  2023-11-21   21:02:05 ET  Reply   Trace   Private Reply  


#3. To: DWornock (#2)

Restaurants will not go bust.

What happened when the Covid was high on the list and people were told the keep 10 foot distance between themselves and others? Didn't restaurants close up then? ;)

"When bad men combine, the good must associate; else they will fall, one by one." Edmund Burke

BTP Holdings  posted on  2023-11-22   19:45:47 ET  Reply   Trace   Private Reply  


#4. To: BTP Holdings (#3)

Didn't restaurants close up then?

No doubt many did close because demand was less and supply of resturants equals demand. There was still a demand so enough resturants remained open to fill the demand. When demand increaed more resturants opened to fill the additional demand.

DWornock  posted on  2023-11-23   3:27:59 ET  Reply   Trace   Private Reply  


#5. To: DWornock (#4)

When we drove straight truck in late 90s we were in NYC to pick up a back haul to Chicago after we did a drop in New Jersey.

It was lunch time so I walked up the hill and found a restaurant. I ordered Reuben sandwich and fries.

Up the street there was a marquee that said, THE JERRY SPRINGER SHOW.

Now if there ever was a freak on the talk show circuit it was him. ;)

"When bad men combine, the good must associate; else they will fall, one by one." Edmund Burke

BTP Holdings  posted on  2023-11-26   1:34:10 ET  Reply   Trace   Private Reply  


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