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by chunkyfunky 1745 days ago
I think that is a fair point and anecdotally at least it gels with what I have observed. I've worked in quite a few food service settings when I was younger and the margins (in general of course; Soup du Jour is like 5/600% margin at least) are very thin. However I wonder if this isn't just a symptom of the bigger problem; in order to pay better wages, consumer prices have to be raised because it's the only way to make enough margin to pay the employees BUT the real reason margins are so thin is because you are paying exorbitant rent to some faceless landlord who actually owns the building you operate out of; and it only ever goes up, never down; and your suppliers constantly raise their prices (or lower their quality) because they are in the same boat; and thus all that money that is generated by the tip of the spear (the restaurant, the retail store, the pub) is mostly being pushed back up to....the people who already have all the money...which is why they own all the buildings and rent them out to make more money....and so on. Just a thought :)