Tuesday, October 14, 2008
6048: Got No Beef.
Falling and failing in a MultiCultclassics Monologue…
• Anticipated increases in food costs have restaurants planning to change menus and raise prices. Hardee’s and Carl’s Jr. actually halted offering Double Cheeseburgers via a 2 for $3 promotion, swapping them for Jumbo Chili Dogs and Hot Ham ‘N’ Cheese sandwiches to keep from selling beef at a cheap price. Wendy’s ought to bring back its “Where’s The Beef?” campaign.
• PepsiCo 3Q profits fell 10 percent, prompting the company to announce plans to cut 3,300 jobs. The PepsiCo Chief Executive said, “While we can’t control the macro economic situation, we can enhance PepsiCo’s operating agility to respond to the changing environment.” Guess PepsiCo can’t control its vague corporate-speak either.
• Milwaukee reported the second highest rate of joblessness for Black men, and the country’s biggest employment gap between Black and White men. Guess that’s one more area Republican Presidential Candidate John McCain can concede.
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