Is this worth $15 ?!

Discussion in 'Economics & Trade' started by Channe, Jan 3, 2018.

  1. Old Man Fred

    Old Man Fred Well-Known Member

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    I wasn't exactly referring to restaurants going away, but the concept of dozens if not hundreds of dine in establishments everywhere.

    They'll still be kitchens, but I'd say that restaurants are all heading to home.
     
  2. OldManOnFire

    OldManOnFire Well-Known Member

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    Yeah restaurants are doing horrible; https://pos.toasttab.com/blog/restaurant-management-statistics

    1. Annual sales in the restaurant industry are $799 billion. (Source)
    2. There are 14.7 million employees in the restaurant industry. (Source)
    3. There are more than 1 million restaurant locations in the U.S. (Source)
    4. There will be 16.3 million jobs in the restaurant industry by 2017. (Source)
    5. The United States' Mountain Region will see the biggest increase in sales this year with a 5.3% growth. (Source)
    6. West North Central U.S. will see the lowest growth – but will still grow by 3.5% in 2017. (Source)
    7. In 2017, restaurant sales will be the greatest in the state of Florida (6.2%) and the lowest in the state of North Dakota (2.4%). (Source)
     
  3. Old Man Fred

    Old Man Fred Well-Known Member

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    Not what I said. I said that sit down restaurants will see a major reduction over the next decade, because I can have my food easily delivered to my home
     
  4. OldManOnFire

    OldManOnFire Well-Known Member

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    What is the US population increase every year? All of them, plus tourists, etc. all need to eat. A lot of what a restaurant is...is an experience which cannot be found in the home. Yes home delivery might increase but it's small peanuts even during the next ten years.
     
  5. Old Man Fred

    Old Man Fred Well-Known Member

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    Bazaar, French Laundry, and the French Room are experiences. Chilis is not.
     
  6. OldManOnFire

    OldManOnFire Well-Known Member

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    It's all relative...
     
  7. perdidochas

    perdidochas Well-Known Member

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    I think that waiter/waitress service restaurants will see a major reduction over the next decade. They will be replaced with counter service/table delivery, where you make the order at a counter, and somebody delivers it to your table--like Voodoo BBQ (down here), Smashburger, Jason's deli, etc. IMHO, fast food (besides drive thrus) will also see a decline. The cost of the counter service/table delivery isn't that much more than fast food, and the food is usually much better. For example, at smashburger, three burgers/fries/drinks were $33. If the fam goes to Wendys, for example, we will probably spend $28, and the food just isn't as good.
     
  8. Reiver

    Reiver Well-Known Member

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    I don't see it. Human contact is part of the experience. If it was just about automation, stick to quality ready meals!
     
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  9. Old Man Fred

    Old Man Fred Well-Known Member

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    Fast food has really priced itself out of the market. It spent so long down in the value meal ditch they can't seem to break that cycle
     
  10. Old Man Fred

    Old Man Fred Well-Known Member

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    There will always be a very large niche of those looking for a meal and an experience, but ultimately it all comes down to price and convenience.
     
  11. Reiver

    Reiver Well-Known Member

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    Nothing more convenient than a ready meal! There's a reason restaurants can charge way above the prices that you see in supermarkets. We aren't after cost minimisation (Well I am, but the missus refuses to allow me)
     
  12. OldManOnFire

    OldManOnFire Well-Known Member

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    Until you can change the fact that these are 'services' not only will it take a long time to force change but will also require a traumatic event to encourage that change. Most people going to a restaurant do not want to place their own orders, don't wish to pick up their own meals, and don't wish to clean their tables...until people on a wide scale refuse to pay for these 'services', there is nothing that will force change.

    Now if we're talking about the so-called 'services' we're offered from government agencies than I'm for automating 100% of those services...
     
  13. Old Man Fred

    Old Man Fred Well-Known Member

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    The story of every man's life.
     
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  14. Old Man Fred

    Old Man Fred Well-Known Member

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    Everyone's always bashing government
     
  15. crank

    crank Well-Known Member

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    Both look awful. Waaaay too much meat, cheese (shudder), and as good as zero vegetables. And don't even get me started on those 'french fries' .. no clue why Americans like eating them. No potato to speak of, and all you can taste is the oil they're cooked in and salt. Terrible.

    This is what 'fries' should look like:

    [​IMG]

    And here's the burger to go with them (both from a local burger joint - the combo being about $20):

    [​IMG]
     
  16. crank

    crank Well-Known Member

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    My understanding is that America has a dining niche that doesn't really exist in most European and similar western nations. Not sure how better to explain it than that it's not cafe's, not fast food, and not proper restaurants. I've heard them called "family restaurants", and my understanding is that they're soulless, vast (and therefore high rent) places, which essentially charge too much for really rudimentary food. The owners are not Foodies - like most proper restaurant owners are, and should be.

    It may be this uniquely American phenomenon which is going to experience the most difficulty going forward. There hasn't really been a place for expensive but very ordinary food since the 1950's. Adding the insult of a cavernous and soulless premises just adds to their almost certain demise.
     
    Last edited: Feb 4, 2018
  17. Old Man Fred

    Old Man Fred Well-Known Member

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    Having ate my way through much of England and Italy, I'd have to say you're right, although the proper term would be corporate franchise. McDonald's, Olive Garden, TGIFs, etc.

    It's one thing for bar food to be overpriced, as after 7 drinks I I'm not really concerned with the price of my beer pretzel, but most of the corporate chain restaurants just mimic the same bland menu of traditional American fare.
     
  18. OldManOnFire

    OldManOnFire Well-Known Member

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    Our government today deserves to be bashed...
     
  19. Old Man Fred

    Old Man Fred Well-Known Member

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    I work my ass off, for free I might add, to provide zero cost waste management services and stem off tax(fee) increases for everyone in my city. My only reward is being called a fascist by people who are apparently opposed to my committees efforts to reduce total government expenditures by 1%.
     
  20. OldManOnFire

    OldManOnFire Well-Known Member

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    Didn't know the discussion was about you? My comments are about government...as a whole...
     
  21. Old Man Fred

    Old Man Fred Well-Known Member

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    Who do you think government is?
     
  22. Longshot

    Longshot Well-Known Member

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    The government is people with license plates that say "Government" on them.
     
  23. Old Man Fred

    Old Man Fred Well-Known Member

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    Actually government is millions of people across all levels.
     
  24. AlphaOmega

    AlphaOmega Well-Known Member Past Donor

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    obama and michelle hoarked this stuff down all the time. Someone post the pics for him...im on a cell.
     
  25. Longshot

    Longshot Well-Known Member

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    So, where's my license plate that says government?
     

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