Bidenomics, where you need to take out a small bank loan to take your family to a fast food joint. Dave Thomas is rolling over in his grave.
Thought For The Day
- Donald R. McClarey
Donald R. McClarey
Cradle Catholic. Active in the pro-life movement since 1973. Father of three, one in Heaven, and happily married for 43 years. Small town lawyer and amateur historian. Former president of the board of directors of the local crisis pregnancy center for a decade.
Is it higher prices at peak times or discounts during the lull? Depends upon your persepective. It’s really targeted inflation and applying a form of “shrinkflation” to a product that can’t readily shrink.
And the Biden cabal will start blaming the merchants in 3…2…1…
Stupid end of the empire thinking.
When we create arbitrary inequalities, we accustom ourselves to unequal treatment under the rules.
Hate crimes.
Highway safety zones.
Congestion pricing.
Affirmative action.
All rotten fruit of the same tree. Are all of these equally dangerous? No, but they have a cumulative, negative, effect on our sense of what is just.
Probably best for businesses to follow natural economic laws of supply, demand and pricing. That way the majority of the public that acknowledges reality can see what is being done to them and who is responsible. The fact that over 25% of voters think Biden is doing a good job indicates that the dems are somewhat effective at lying about their record. The campaign this fall will be about who is telling the truth of present circumstances and reality more than slogans and celebrity endorsements.
The decision-makers at Wendy’s would do well to contemplate the wreckage that remains of Bud Lite.
Companies like Uber can get away with ‘surge pricing’ because there aren’t many competitors, and the public can intuit the rationale behind the price hike: sure, a ride to the airport should probably cost more during rush hour than at 3am.
Wendy’s has many, many competitors to whom a hungry public can direct their business during those times when Wendy’s hikes prices. And once folks who would regularly take their business to Wendy’s decide their usual stop has become too expensive, one of Wendy’s many competitors will gain a new regular.
Brand loyalty, once broken, is hard to regain. Just ask Bud Lite about that.
Congestion pricing is something you’d apply to parking spots, tolls on limited-access highways, cab fares, and electric rates. Never heard of applying it to meals. There’s nothing wrong with congestion pricing per se, but this seem…odd.