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Two play-in games, that is a bit crappy. |
LB_Dirtbags | 29 |
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I wonder which deserving team wont make it, like umgmu mentioned there are six deserving teams who should get in but I dont see how that will happen. |
LB_Dirtbags | 29 |
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Both of these teams are ATS monsters, what a good game it should be. |
crazy1464 | 4 |
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@Raiders22 I dont think so actually, I think it is a perpetual headache. I remember working with the co-owner and CEO of a multi unit franchise when i was younger, he did not do the day to day in store as he had multiple locations and ran the over reaching operations from a central business address. The headaches he had were different than the headaches a GM has but they are just as stressful and maybe even more so and even when he kept expanding and having multiple layers of management around him, the stress of being a franchise owner is extreme. There is no point that you can sit back and relax unless you are willing to sacrifice the brand, the operations and the profits. Times are different now, back then we ran on heavy volume and cheap prices, margins were super thin but volume carried the operations and customer count was very very high, so speed of service was the most critical aspect of operations. Now with higher prices it seems speed of service has gone to the back of the line and it seems to be more of managing labor costs and the bottom line focus goes to different attributes versus focusing on waste percentage and speed of service to crank up top line sales and trickle down bottom line profits. |
sundance | 1610 |
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@Rush51 Steller analysis... lots of thought, detail and perspective.
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nature1970 | 65 |
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@Raiders22 My start was from working during high school at several QSR places and having the ability to do that kind of work and a financial background with attention to bottom line detail and a focus on cost control. I've worked at all sorts of places and been involved in several different types of organizations. |
sundance | 1610 |
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@Rush51 That theology is old school traditional money multiplier theory and is not at all accurate with our economy and banking system. So congrats quoting something from the 1970's but the concept of money multiplier only works when all the players function in their roles properly..meaning the FED creates excess cash and lend to banks. Banks borrow and lend to businesses and consumers, businesses hire and spend on capital purchases that means cash is moving FROM banks and the FED into the hands of the end consumer, also banks lend to consumers via real estate loans, personal loans, car loans etc and that turns into cash going to all of those end places and THAT is your multiplier and THAT is your demand side inflation. We do not have that functioning in this economy and the way you can identify this as FACT is to overlay the FED balance sheet with inflation for the last 25 years..its not difficult to find this information it is public and it is known. Using Uncle Milty's textbook theory the expansion of the FED balance sheet since say 2005 would have turned on the inflation spigot and we would be in Venezuela territory long ago...but that did not happen, and why did it not happen? Anyone? Demand side inflation via old school econ theory of the money multiplier works when banks LEND and when 1 dollar in FED expansion turns into 3 for the economy and that puts cash into the consumer hands who buys goods and services creating demand. The FED lends but the banks are NOT lending, they are gambling in the bond and stock market, they are HOLDING reserves taken from the FED and up until recently banks were PAID for parking reserves they took from the FED and parked AT the FED, that means the FED created reserves and kept them in house and there was NO money multiplier and NO inflation. Gotta step up your game here Rush....you are outdated by 25 years with that theory and there is ZERO evidence to support your contention. |
sundance | 1610 |
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@Rush51 Oh I can dispute it, I am disputing it. I am saying the economic/financial information does not correlate with your partisan claim, let alone that congress is split so there is no DEM driver of policy at all, thus your partisan claim is inaccurate and I dispute it. Do you know how much of an increase in GDP it takes to drive inflation? That is why I asked you to provide real information and stats not just the partisan nonsense which is fake news. Maybe you are not able to debate content, facts, truth, data because you are not interested in reality...you just like to bash the DNC to elevate golden shoes and to fit your narrative. I'd love to discuss the economy and would rather skip the partisan baloney, you are welcome to discuss real actual data....I think this is the third time I am asking on this very topic and you guys wonder why some people get irritated by the partisan waste of time replies we see so often here. |
sundance | 1610 |
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@UNIMAN This is the correlation, who drives CPI inflation, the lower or the middle class or the upper class? I would suggest that the lower and middle drive core inflation more than the upper class as the lower and middle make up MORE of the consumption driven population and thus the CPI. My comment about biz and upper is based on observation on what you harp on and what bothers you more and it does not seem that corp BILLIONS bothers you as much as other groups. I dont recall you harping on the true takers of the cash which are the multi nationals, the dark money groups, the military complex...that is where the BIG cash goes but that is rarely discussed. |
sundance | 1610 |
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@UNIMAN That stimmy was to save corps much more than to give freebies to low income people. I know you dislike low income takers and are less bothered by corps getting a handout but the bulk of the $$$ didnt go to the poverty low income family, the big checks went to payroll stimmy and to high income individuals who were not working. I have a friend who runs his own IT consulting company, just a one person deal and he told me how much stimmy he got and was able to monopolize programs and got a pretty hefty sum and then there were loopholes to avoid repayment and so I dont think he had to repay anything. While the little doobie who lives in low income was able to get their corporate tasty treats it might seem like the low income taker was the bad guy but the receiver of all that cash went mostly to multi national corps. No low income family were able to retire off the income based stimmy, nobody bought a yacht or went on luxury cruises from the low side, but MANY MANY stories of excess and greed from stimmy takers on the high side. Before blaming the lesser keep in mind that the real driver of government excess are large and mid cap S&P corps, thats where the BILLIONS are going, not the few thousands for the guy living on welfare. |
sundance | 1610 |
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@Midnight1 Yeah you would be surprised at the difference in cost per ounce between a val pack BIB ketchup that is used at a pump versus individual packets...cost difference is insanely higher and that is why a GOOD QSR will not have packets sitting there to take, they are given X number per item (so say a large fry would get 2 a small 1 etc) and any extra is requested from the guest. |
sundance | 1610 |
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@Raiders22 Finding good help was always the hardest and turnover means advertising for openings, interviewing, training etc...huge hassle. The turnover means that task never ends and finding good help is so difficult. I did QSR and higher end and while one has low end hassles the other has so many more issues. A full service has many more moving parts and a larger staff and guests have a higher expectation and then you have to juggle lunch and dinner service, more management layers and alcohol has many layers of issues and requirements. |
sundance | 1610 |
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@Raiders22 I'd say the best way is to know your costs and that means keeping a spreadsheet of costs of every single item you have from napkin bundles to salt and pepper packets to paper boxes, a crate of tomatoes, every single thing. Then every time you purchase inventory keep track of price and then you can see how costs are going up and down and especially high cost of goods items you do a daily inventory and make sure you are watching those items like a hawk. We used to have daily inventories, weekly on a larger scale and month end for every item and if your POS is good it will have a menu build on all items you sell that breaks down every single thing from how much cheese on a medium pizza to how many ounces of rice in a calfornia roll, then as you make sales the inventory account is reduced and you can track COGS to a high degree of quality. I used to have two or three outs on high volume items meaning two or three ways to purchase and I would either order online and compare prices or call and place an order after finding prices, I would also be willing to use my car and go pick stuff up if the savings were good enough. The hardest part of running a place is knowing the business and having great staff, run a tight ship and a clean store front to back. Then once that is in place you can start clamping down on all costs including repairs and maintenance, knowing how much you are paying for workmans comp insurance and expand sales with good marketing. We didnt have Uber Eats and delivery stuff like they do now, I am not sure I would want to deal with the hassle actually and the coordination required to have third party delivery doods zipping in and out and scanning orders in and out and the headache and paying the place for the service...I would probably not use those things and either deliver from a paid staff or not do it at all. You lose your life running a place, it becomes your life and you are never fully free, things happen always and it devours your life and mind. |
sundance | 1610 |
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@Raiders22 I think it is a time saver and most small biz restaurants are working their butt off so not enough time to price shop they just go and buy and get back as fast as possible. To me COGS is the most important aspect of running a business and if I were shopping I would know all the outs and know what places have the best prices for all elements of the menu and a small savings on cost of goods is an exponential return on profits. I dont blame them it is so hard running a restaurant and few have the financial chops to zone in on costs like I do. |
sundance | 1610 |
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@Rush51 You didnt answer the question at all. If you want to play partisan blame then back it up bro...show me the numbers and convince me from a financial perspective. I know you are 100% partisan biased as it is no secret so dont sell me on Bidenflation and that Trump is better, we both know that is hogwash. Trump had ZIRP, Biden did not and to me that is the sole reason why corps are gouging the lights out of the consumer, they are making profits off price versus volume because finance costs are higher. Show me in CPI/GDP where the marginal increase in consumption is equal to inflation, that is the econ way to prove your point...inflation is a slide on the supply/demand curve based on a few variables so why not take the time to present your position with true financial debating instead of silly weak partisan finger pointing? |
sundance | 1610 |
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@Raiders22 They are a restaurant only membership warehouse, there are two here locally and are in several states. Its really a massive disorganized Costco type place, you can get booze, paper goods, meat in bulk, ice cream in 5 gallon drums, big quantities of everything. I go there just for a few items I cannot find elsewhere, so stuff like Chilean Sea Bass and high protein flour for artisan baking..stuff like that. I am a total price snob though so I know what they gouge on and what they sell at a good price. When i was younger I ran a few restaurants and we used shippers like Sysco and local produce outlets always trying to maximize profits. Restaurant Depot is a time saver for small restaurants but they are not the best price for most stuff they sell. |
sundance | 1610 |
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On that onion topic, I noticed that especially white onions there is a shortage. One of the stores I frequent had none for weeks and then they returned at higher prices, I noticed the same thing with broccoli last fall it went from being out to being very high priced. I am actually a member of Restaurant Depot (you have to be an LLC business or higher and register to be a member there) and I gotta say their prices are regularly not competitive and they know as the all in one place shop they are that they have pricing flexibility. Small biz owners go there with massive trollies and get all that the shop needs and do it in one trip but if they were to take the time to price out produce from a produce distributor or at least know the available pricing they would for sure get better deals. I like Restaurant Depot for SOME things like cheeses and bulk items like flour and chocolate but their meats and produce prices are marginal prices and quality. I dont blame them they are open to make a profit but just saying.. |
sundance | 1610 |
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@Rush51 You are also welcome to extrapolate your claim with data and real info instead of partisan blaming, what can you find based on actual data that can be proven over a period of time that proves your point outside of just blaming Biden? Show me inflation data with an overlay of increase in government spending period to period and convince me that X percent of increase in government spending equals X percent inflation increase. Show me...if you cant prove it based on data then it is a false narrative meant to divide partisan kiddos who are going to be voting soon. Trump ran deficits, Obama did, Bush did they all do...so based on real CPI data and government spending data, show me how prices of goods and services can go up to the extent we are seeing? Price is an intersection of supply and demand right? So can you show where demand is THAT much higher on a percentage basis and conclude that government spending ALONE caused inflation? You cant...nobody can because it is a false narrative. There are several causes of inflation and it would be better served to discuss the causes than to blame Biden or Trump or Obama..especially since congress is split right down the middle on party and it is congress that passes legislation and gives freebies away to corps or private groups, not just Biden or Trump. So....whatcha gonna bring to the discussion about inflation except "Bidenflation"? |
sundance | 1610 |
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@soup-can
How much relative debt has Biden added (since all the debt is due to the POTUS and not congress lmao) compared to golden shoes before him? Then to properly analyze your scenario you have to extrapolate the debt increase over TIME with inflation over TIME. Just to make your life easier there is no correlation. All POTUS have been chucking on debt since Clinton and then why did we have 15 years of under CPI inflation? Anyone? Anyone? Anyone? I know its super fun to elevate golden shoes by making Biden the blame of everything and that might work with the less than intelligent golden shoes voter base but its just 100% fake news unless you can VALIDATE IT with data, you know numbers that you can correlate and evaluate...those screwball numbers that prove or disprove stuff? Carry on and make sure to buy more stuff off his website, he needs the cash really badly so he wont have to sell a leveraged building in the portfolio.
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sundance | 1610 |
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Its amusing how inflation is blamed on Biden when the government has little control over corporate pricing in a capitalist economy. Corps are screwing the consumer because they can and do you want to know why? Consumers are lazy whales who have been trained to high turnover consume..nobody knows how to slow consumption or reduce to save or because prices are high. Our inflation is a function of a lack of control and an inability to stop even when you have no money to consume. The only way CPI comes down is if the consumer slows down and forces corps to drop prices, I do not think there is a large supply chain issue now like two years ago but as long as corps can raise prices and crimp supply then inflation is going nowhere. How can Biden or Trump or Obama or Bush force fat lazy consumers to reduce their purchasing and cut back to be financially aware? I have dramatically reduced my consumption and especially elective unnecessary consumption. Even with slowing consumption and dining out like never I still see a higher spend on goods and services. |
sundance | 1610 |
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