Anonymous wrote:What is the profit margin on an $8 fountain drink? Even if rent is high, the cost of everything baked in can’t be more than what, fifty cents???
Anonymous wrote:Drinks have been overpriced for decades. Yawn.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Is it wrong for me to be outraged that City Perch in Pike and Rose charged $7.95 for a Diet Coke? A fountain one, by the way - it’s not like they weren’t importing Mexican coke in bottles or anything. When I got home, I looked online to see if it shows up on the menu, and it doesn’t. Is this the new going rate?
It’s outrageous and get ready for all the restaurants to charge that much. With minimum wage going up to $17 an hour $8 for a soda will become more and more common.
Hopefully you're just unfortunately misinformed instead of willfully spreading debunked right wing anti-labor talking points, but this is simply not true. Restaurants may very well raise their prices after minimum wages are hiked, but if they do it's entirely out of greed and capitalizing off misinformation like your post, not necessity.
In Denmark, McDonald's workers earn an average of $22 an hour, and their food costs less than the US: https://www.snopes.com/fact-check/mcdonalds-workers-denmark/
Here's a peer reviewed study that shows Seattle raising the minimum wage had no effect on grocery store food prices: https://pmc.ncbi.nlm.nih.gov/articles/PMC6579531/
Here's another peer-reviewed study that shows on average a 33% increase in the minimum wage only leads to a 3% rise in fast-food prices: https://www.researchgate.net/publication/272243506_Does_the_Minimum_Wage_Bite_into_Fast-Food_Prices
Hopefully now that you know the reality of the situation you'll support labor's push for a livable wage in your community
Are you new to the USA? This country is full of greed.
Anonymous wrote:Trump and the Republicans have increased the cost of everything.