I won’t be eating at Chipotle restaurants for a while, if ever.
The Guardian had an article that mentioned Chipotle by name.
“As inflation shot to its peak around mid-2022, Chipotle’s prices also rose, pushing up what customers paid for burritos and bowls by as much as several dollars. Since then, the fast casual restaurant’s costs have broadly fallen. Prices have not.
“Chipotle’s decision to maintain high prices helped boost profits 110% in recent years, while its executives boasted to investors that they raised prices higher than inflationary costs.”
There’s a list of companies and their profits in the article. Like Cheesecake Factory, with a fat 471% increase. Won’t be going there, thanks.
TBH, I only visit three of these places and it’s not that frequently. My exception is Starbucks. They’re one of my regular Ashlandia coffee haunts because the local places that I loved are gone. That just sucks.
Meanwhile, as you prepare to vote and you hear people complain of inflation and high prices, mention this article. Also mention that energy companies have seen record profits as well.
And let’s not forget grocery stores.
Face it, boys and girls, as voters scream about inflation and corporations complain about wages, regulations, and taxes, corporate executives are becoming stupidly rich.
All at the nation’s expense.
Michael Seidel, writer 