U.S. restaurants are planning to boost prices 2 percent during the next six months due to the pressures rising beef, cheese, and pork prices. However this is causing major declines in sales due to people being price sensitive and not being able to afford higher meal prices. “If you encourage and kind of seed the notion that you can come in for a couple bucks and get some food, and then you can’t do that anymore, there’s bound to be a reaction,” said John Gordon, an adviser to restaurants and franchisees.
Tag Archives: NAFTA
Mitch McConnell is no hero of the people, most of us have known that with his support for “free trade.” Now, McConnell is pressuring U.S. negotiators to ensure that multinational corporations can take part in the dispute settlement portion of the the TPP (Trans-Pacific Partnership).
The wealth gap between the rich and the poor in the United states has been widening for far too long and has finally reached a 100-year high. “By some estimates, income and wealth inequality are near their highest levels in the past hundred years,” said Federal Reserve chief Janet Yellen. “I think it is appropriate to ask whether this trend is compatible with values rooted in our nation’s history, among them the high value Americans have traditionally placed on equality of opportunity.” As the rich get richer and the poor get poorer, our economy is sinking and it is sinking fast.
We are being controlled and directed – told what to do – by other nations, for their benefit and to our detriment. Our direction in so-called “free trade” is not just hurting us – it is destroying us. One look at our condition and direction will clearly show we are in a mode of self destruction.
With the holidays around the corner, Walmart along with Macy’s and other department stores are preparing their employees to work during the holidays. Walmart alone reports a million associates to work on Thanksgiving Day and Black Friday. More and more stores are jumping on the bandwagon and opening up on the holidays to attract shoppers. The issue here is that the U.S. is the only developed country that doesn’t guarantee paid holidays. Workers in the service sector industry barely even have a choice on either taking the holiday off or working. Nearly 40 percent of retail workers don’t even receive a minimum amount of hours.