2020 Presidential election

[Beer]

After listening to Bernie on Rogans pod and actually hearing him be able to go into detail about his plans made me think he is a lot less crazy than people think. Also if Warren would wipe my student loan debt out I'd vote for her and go down on her for hours on end. Will probably vote for Bernie though because I genuinely believe he is a good human being.

 

[Zombie]

and go down on her for hours on end

Go on...

 

[One Brow]

OMG did you ask them why they were throwing the food out? Do you know why? LMAO

Since I was a manager at a couple of places, it was my job to know why. If you really want to talk about how important efficiency is to restaurants, we can have that discussion. Fair warning, it will violate your religious principles with regard to capitalism.

 

[silesian]

Shouldn't you start with facts before you worry about whether they are "irrefutable"?

Let's talk about restaurants. What's a profit margin on an "efficient", busy restaurant? What's the margin on an "inefficient" one? What are the main drivers of traffic? What's your typical food wastage percentage, and how much does that affect profitability?

I worked in restaurants for years.

Sorry, but your religion is as empty as any other.

Were you a hospitality economist or were you busing tables?

Some restaurants are inefficient at driving traffic
Some restaurants are inefficient and waste food
Which particular dimension has the most impact at business profitability and sustainability is besides the point

The point is that less efficient restaurants fail and more efficient restaurants survive.

PS: no religious belief is required to comprehend the empirical fact that capitalism drives competition which drives quality. It only requires observations and some math.

 

[One Brow]

Were you a hospitality economist or were you busing tables?

I bused tables, washed dishes, waited tables, prep cooked, cooked, and managed in different places. I'm not aware there is such a thing as a "hospitality economist"; what's a typical hospitality economist job like?

Some restaurants are inefficient at driving traffic

Creationists also like to redefine words. You're conflating "successful" or "effective" with "efficient", unless you mean that valets sometimes drive cars around the block three times before they park them or that restaurants with long hallways in the entrance struggle.

Some restaurants are inefficient and waste food

All restaurants are inefficient and waste food. If you're not wasting food, you degrading quality. Are you really that ignorant of the restaurant industry?

Which particular dimension has the most impact at business profitability and sustainability is besides the point

Not to the guy that owns the restaurant.

The point is that less efficient restaurants fail and more efficient restaurants survive.

The point is you're wrong, and anyone trying to run a restaurant whose primary orientation is efficiency will fail (yes, that also goes for fast food places). I understand this violates your religious beliefs; get a better religion.

PS: no religious belief is required to comprehend the empirical fact that capitalism drives competition which drives quality. It only requires observations and some math.

In the restaurant industry (and many others), quality and efficiency are opposed.

More generally, for every industry you can name where capitalism improved quality, I can name two where it degraded quality. Unregulated capitalism is more dangerous for the poor than any other economic system.

 

[Jazzta]

After listening to Bernie on Rogans pod and actually hearing him be able to go into detail about his plans made me think he is a lot less crazy than people think. Also if Warren would wipe my student loan debt out I'd vote for her and go down on her for hours on end. Will probably vote for Bernie though because I genuinely believe he is a good human being.

One thing is clear, Bernie would get to work on day 1. No drama, no BS, just start making things happen.

 

[Just Ted]

After listening to Bernie on Rogans pod and actually hearing him be able to go into detail about his plans made me think he is a lot less crazy than people think. Also if Warren would wipe my student loan debt out I'd vote for her and go down on her for hours on end. Will probably vote for Bernie though because I genuinely believe he is a good human being.

Then she can wipe out my Mortgage and Car loans as well. Seriously, what the hell? Why are we expecting other tax payers to pay for our student loans? Oh yeah, so Bernie can put us all in Gulags and re-educate us.

 

[Just Ted]

I've spent the last two weeks reading three of Bernie's books. I wanted to really know what this guy was about. To be honest I do believe he has some good ideas. I like that he is looking out for the whole instead of the single person. The main problem I see with his views is he doesn't live them and he doesn't seem to have a true path to pay for it all. He would have to have ultimate buy in from not only the majority of the country, but probably about 95% to make it work. I read the following books: Outsider in the Whitehouse, Our Revolution and Bernie speaks. I wasn't well versed on his stances, only heard he was a socialist, which he def is. Like I said, I love some of the ideas, but not sure how he gets the buy in to follow through.

Edit: I won't read anything by Warren. Don't trust her, won't vote her. I just wonder why out of the millions of people and thousands of politicians we can't get someone that can truly compete on a national scale against Trump. And this is coming from a guy who likes the economics of Trump, but wants to see more decorum and more togetherness in the country.

 

[PJF]

 

[Zombie]

I used to work at a successful cell phone retailer with a 50% turnover rate.

This place gave their store managers little authority over their own stores (not even able to do things like POS overrides not to mention hiring etc) and had territory managers driving hundreds of miles each week to stores across the state because of that.

The amount of plastic paper and cardboard waste was absolutely unconscionable, especially for a company that was "paper free."

The marketing department dumped tons of cash into automated text messaging campaigns that were as good as dumping money down a drain.

And yet they were consistently the top performing retailer in our market.

So yeah, I don't buy for a second that capitalism necessarily drives efficiency.

 

[PJF]

 

[Gameface]

I think "efficiency" is not the right word when were talking about things on that level. Efficiency in a marketplace, I don't know, maybe. Efficiency in getting the goods people want where they want them (despite sometimes also getting the goods people don't want where people still don't want them). Capitalism is efficient for consumers. If you want something there are probably 10 or 100 or 1000 people trying to get it onto your hands right now.

A low efficiency restaurant can stay in business if they have the sales to cover it. I mean there are dozens of workable business models for restaurants. You can stack 'em deep and sell 'em cheap, or you can be exclusive and have 10x the average tab per customer, or you can manage your inventory perfectly and have average traffic and average prices. I mean there's a lot of ways to run a restaurant. Yet, most restaurants go out of business within a year or two of opening.

Capitalism keeps restaurants around because they are the ones consumers prefer. That's the primary factor. If people want to eat there and you're not being stupid about your inventory or your labor costs or your waste, you'll probably be able to figure out how to make it work. It's only once people decide they don't want to eat there that you have to become dedicated to efficiency in order to hold on just a little bit longer.