Get free daily email updates

Syndicate this site - RSS

Recent Posts

Blogger Menu

Click here to blog

FlashReport Weblog on California Politics

- Or -
Search blog archive

Richard Rider

What’s on your restaurant plate is often a rather minor cost factor in your bill

Rising inflation causes more and more people to expose their profound economic illiteracy. Recently I’ve been fascinated to read the Internet comments of otherwise intelligent people who think that the main cost of a sit-down restaurant meal is the food ingredients. Too many commenters think that the primary factor driving eatery prices up is the greed of the restaurant owners.

Anyone who RUNS a restaurant will tell you that in most cases, the cost of what’s on your plate is just a minor and sometimes even a tiny part of the restaurant’s overhead. Especially so for breakfast — which was the meal being discussed on the thread that I was reading. Here are just SOME of the many restaurant costs being ignored by those commenting “economists,” claiming that some/most restaurants are ripping us off:Read More