Sunday, June 12, 2011

We can always find a technology

Unemployment Makes IHOP-to-Red Lobster Target Higher Incomes

Bloomberg headline about restaurants getting appropriate economies of scale with a higher waged clientele. The cost of higher rate transactions at lower price levels is not sustainable in the new normal.

I am a transportation person, I want to drive down last mile delivery costs. When the job is done, good lobster, not transportation, is the constraint.

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