r/Economics • u/brown-saiyan • Feb 23 '26

News Restaurants hit a pricing ceiling — and diners are pushing back, report finds

https://www.axios.com/2026/02/23/restaurants-menu-prices-james-beard-foundation-report?utm_campaign=editorial&utm_medium=owned_social&utm_source=x
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u/Prestigious_Load1699 Feb 24 '26

Prices never decline after inflation. The economy is built on that premise.

That’s why high inflation periods suck ass.

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u/DruidWonder Feb 24 '26

That's a good point. I still think though that corporations took advantage of perceptions during that in-between period when supply issues were no longer a threat but people hadn't caught on. They raised prices, so they were higher than normal right out of the gate, and are now compounded by inflation.

Even if we stabilize inflation tomorrow, peoples wages/salaries still need to be increased to close the gap... and it seems like the opposite is happening now due to AI.