The Economy

[physicsfactor]

My dad loved Golden Corral. He was also Type-II diabetic, had a triple bypass at 50, and died of a heart attack at 63.

That’s probably the story of much of their customer base.

 

[CK86]

Yeah, the whole 'all you can eat shrimp' shows a company woefully out of touch with its customer base. That was a self-administered poison pill only slightly less deadly than 'all you can eat lobster'. Clearly the executive who made the call hadn't glanced at his clientele in decades.

Reminds me of the Simpsons episode from back in the 90s. This episode always used to make my dad and I laugh.

 

[bfactor]

How things have changed since then!

 

[Pantone287]

Yeah, the whole 'all you can eat shrimp' shows a company woefully out of touch with its customer base. That was a self-administered poison pill only slightly less deadly than 'all you can eat lobster'. Clearly the executive who made the call hadn't glanced at his clientele in decades.

It still kind of blows my mind. It was apparently $20, and then $25. Enough people were eating so many fried shrimp in a single sitting that they were losing money even at that price?

Like, how many shrimp was their break-even? I see you can buy 70 frozen shrimp at Wal-Mart for $13. I would think $20-25 would cover quite a few.

 

[DurhamSon]

Alaska is my favorite. They basically pay you to live there

 

[bfactor]

Methodology was that 50% was allocated to discretionary spending and savings to be "comfortable". WTF?

 

[SeanMayTriedToEatMe]

Do 95% of the country realize how uncomfortable they are?

 

[deepdarkblue]

Do 95% of the country realize how uncomfortable they are?

The media is attempting to educate us as to our misery and deprivation.