Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:
Temporary Inflation Fee is not a legitimate thing. That is a price increase disguised as a political statement. In this case, it is a 13.33% price increase and the TIF is taxed. If they need to raise prices because of inflation, then raise the prices proportionally. This way is some bullshit.
Raising the prices this way shows exactly what you're paying for. If the customer asks, point to the fact that fryer oil is 60% higher now or cheese is a 34% mark-up or any number of things. Customers have a right to know instead of the fees being 'hidden'.
+100
I'm glad a restaurant is upfront about the extra fee instead of trying to hide it with smaller portions etc.
Is there a big sign saying the prices are not the full prices? If it is part of the price then add it to the price. This doesn’t honestly show what you are paying for. Prices are not based on the cost, they are based on what people will pay. What is the markup on that $5.50 beer?
The liberal desperation to spin this as anything but the heavy increase in market costs is just fascinating to me.
- signed a Biden voter
There may be price elasticity for some items, but the flip side of that PP's argument is that a bunch of small businesses will no longer be able to continue as going concerns because their price increases cannot be borne and people's budgets can no longer accommodate those prices. This type of thing is to be expected if it part of the normal business cycle. When it's the product of bad policy choices, it stings a bit more.
One of the companies I follow in the stock market just lost almost half their value today because their earnings report was terrible. Earnings were off by a country mile because of inflation and transportation costs. You can bet your behind that those huge cost increases are now going to be passed down onto the consumers that the company I follow sells their stuff to. Those costs will then trickle down to the average consumer on the street, because producer costs are skyrocketing.
One of the big pieces of that is prices at the gas/diesel pump. Yet per barrel cost doesn't warrant the prices being as high as they are at the pump, and you can't blame inflation when the gas companies are making record profits. One can only conclude that a big part of what's hurting people has been manufactured by corporations. Direct your anger there. Press your legislators to pass laws cracking down on price gouging.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:
Temporary Inflation Fee is not a legitimate thing. That is a price increase disguised as a political statement. In this case, it is a 13.33% price increase and the TIF is taxed. If they need to raise prices because of inflation, then raise the prices proportionally. This way is some bullshit.
Raising the prices this way shows exactly what you're paying for. If the customer asks, point to the fact that fryer oil is 60% higher now or cheese is a 34% mark-up or any number of things. Customers have a right to know instead of the fees being 'hidden'.
+100
I'm glad a restaurant is upfront about the extra fee instead of trying to hide it with smaller portions etc.
Is there a big sign saying the prices are not the full prices? If it is part of the price then add it to the price. This doesn’t honestly show what you are paying for. Prices are not based on the cost, they are based on what people will pay. What is the markup on that $5.50 beer?
The liberal desperation to spin this as anything but the heavy increase in market costs is just fascinating to me.
- signed a Biden voter
There may be price elasticity for some items, but the flip side of that PP's argument is that a bunch of small businesses will no longer be able to continue as going concerns because their price increases cannot be borne and people's budgets can no longer accommodate those prices. This type of thing is to be expected if it part of the normal business cycle. When it's the product of bad policy choices, it stings a bit more.
One of the companies I follow in the stock market just lost almost half their value today because their earnings report was terrible. Earnings were off by a country mile because of inflation and transportation costs. You can bet your behind that those huge cost increases are now going to be passed down onto the consumers that the company I follow sells their stuff to. Those costs will then trickle down to the average consumer on the street, because producer costs are skyrocketing.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:
Temporary Inflation Fee is not a legitimate thing. That is a price increase disguised as a political statement. In this case, it is a 13.33% price increase and the TIF is taxed. If they need to raise prices because of inflation, then raise the prices proportionally. This way is some bullshit.
Raising the prices this way shows exactly what you're paying for. If the customer asks, point to the fact that fryer oil is 60% higher now or cheese is a 34% mark-up or any number of things. Customers have a right to know instead of the fees being 'hidden'.
Those both show an illegitimate, unjustifiable increase that is FAR MORE than the rate of inflation. That is greedy, opportunistic corporate price gouging. Place blame where it actually belongs.
A President ignoring price gouging in every corner in favor of…*checks notes*…cash out to parents?
The U.S. is under a national emergency legally and has been since March 2020. If anyone is caught selling PPE at inflated prices, as they were in the early days, they are prosecuted. So why isn’t the administration doing something about food?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:
Temporary Inflation Fee is not a legitimate thing. That is a price increase disguised as a political statement. In this case, it is a 13.33% price increase and the TIF is taxed. If they need to raise prices because of inflation, then raise the prices proportionally. This way is some bullshit.
Raising the prices this way shows exactly what you're paying for. If the customer asks, point to the fact that fryer oil is 60% higher now or cheese is a 34% mark-up or any number of things. Customers have a right to know instead of the fees being 'hidden'.
+100
I'm glad a restaurant is upfront about the extra fee instead of trying to hide it with smaller portions etc.
Is there a big sign saying the prices are not the full prices? If it is part of the price then add it to the price. This doesn’t honestly show what you are paying for. Prices are not based on the cost, they are based on what people will pay. What is the markup on that $5.50 beer?
The liberal desperation to spin this as anything but the heavy increase in market costs is just fascinating to me.
- signed a Biden voter
There may be price elasticity for some items, but the flip side of that PP's argument is that a bunch of small businesses will no longer be able to continue as going concerns because their price increases cannot be borne and people's budgets can no longer accommodate those prices. This type of thing is to be expected if it part of the normal business cycle. When it's the product of bad policy choices, it stings a bit more.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:
Temporary Inflation Fee is not a legitimate thing. That is a price increase disguised as a political statement. In this case, it is a 13.33% price increase and the TIF is taxed. If they need to raise prices because of inflation, then raise the prices proportionally. This way is some bullshit.
Raising the prices this way shows exactly what you're paying for. If the customer asks, point to the fact that fryer oil is 60% higher now or cheese is a 34% mark-up or any number of things. Customers have a right to know instead of the fees being 'hidden'.
+100
I'm glad a restaurant is upfront about the extra fee instead of trying to hide it with smaller portions etc.
Is there a big sign saying the prices are not the full prices? If it is part of the price then add it to the price. This doesn’t honestly show what you are paying for. Prices are not based on the cost, they are based on what people will pay. What is the markup on that $5.50 beer?
The liberal desperation to spin this as anything but the heavy increase in market costs is just fascinating to me.
- signed a Biden voter
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:
Temporary Inflation Fee is not a legitimate thing. That is a price increase disguised as a political statement. In this case, it is a 13.33% price increase and the TIF is taxed. If they need to raise prices because of inflation, then raise the prices proportionally. This way is some bullshit.
Raising the prices this way shows exactly what you're paying for. If the customer asks, point to the fact that fryer oil is 60% higher now or cheese is a 34% mark-up or any number of things. Customers have a right to know instead of the fees being 'hidden'.
+100
I'm glad a restaurant is upfront about the extra fee instead of trying to hide it with smaller portions etc.
Is there a big sign saying the prices are not the full prices? If it is part of the price then add it to the price. This doesn’t honestly show what you are paying for. Prices are not based on the cost, they are based on what people will pay. What is the markup on that $5.50 beer?