AND finally, this: If they are slipping so badly, and much of it due to rising labor costs, this will motivate them to start automating their fast food operations. Every fast food company has been researching robotic preparation, and they could easily implement it tomorrow. The only reason they haven’t is because there will be a huge outcry when the first one does it. After that, they fall like dominos, and with a few years after the first one, ALL fast food restaurants will be mostly automated, and MILLIONS of fast food workers will lose their jobs. It is inevitable.
And the price will stay the same or go higher allowing corporations to fatten their bottom line.
Absolutely. Just like these tariffs. When the tariffs are eventually removed, will we see lower prices in the retail stores? Here and there, maybe, but generally, this will be the new price baseline. And the saving from the tariffs will just go to the corporate profits, not to lower prices, or even higher wages, just bigger executive bonuses.
And the price will stay the same or go higher allowing corporations to fatten their bottom line.
Absolutely. Just like these tariffs. When the tariffs are eventually removed, will we see lower prices in the retail stores? Here and there, maybe, but generally, this will be the new price baseline. And the saving from the tariffs will just go to the corporate profits, not to lower prices, or even higher wages, just bigger executive bonuses.