QOD

Filed in National by on February 23, 2009

Do you think the rest of the country would know how serious this banking collapse is if instead our Fast Food Industry was the sector of the economy in trouble?

About the Author ()

hiding in the open

Comments (8)

Trackback URL | Comments RSS Feed

  1. Unstable Isotope says:
    February 23, 2009 at 9:13 am

    Save our Big Macs!

  2. Delaware Dem says:
    February 23, 2009 at 9:14 am

    But they are in trouble. One of the following will not survive this Depression: Burger King, Wendy’s, Roy Rogers/Hardees.

  3. Unstable Isotope says:
    February 23, 2009 at 9:15 am

    I hope it’s Burger King. That King guy creeps me out.

    What will happen to places like Denny’s or Perkins? Will some of them also go under?

  4. Rebecca says:
    February 23, 2009 at 10:12 am

    Burger King and Wendy’s are big enough to survive this — Roy Rogers/Hardees mebbe not. Thing is, fast food usually benefits from people trading down in a recession. Mickey D’s is doing great.

  5. Another Mike says:
    February 23, 2009 at 10:15 am

    Ah, Perkins. I enjoyed me some mighty fine dinners/breakfasts at 2:30 a.m. in college. Note to self: Do not eat pigs in a blanket after 1 a.m.

  6. anon says:
    February 23, 2009 at 10:20 am

    On the other hand with high unemployment, they can manage their labor costs to their advantage. Which in that business means: plenty of part-time help, no overtime costs, low turnover, low absenteeism, and no upward pressure on wages.

  7. Another Mike says:
    February 23, 2009 at 10:23 am

    I wonder how so many of the bar/restaurant places can survive. There are a bunch around here — Seasons, Fridays, Ruby Tuesdays, Champps. Bennigans went under last year. I don’t know that there are enough dollars around to keep them all afloat.

    To answer DV’s original question, though, yes, it would hit home with many more folks if this was a fast food crisis. Far more people stop by Arby’s every day than worry about Morgan Stanley’s credit line.

  8. Von Cracker says:
    February 23, 2009 at 10:27 am

    A fast food stimulus would most likely cause a run on the toilet paper sector.

«
»