But if a restaurant doesn't include it as a line item, and simply raises prices by 1% because of Obamacare, you will patronize them.
Makes perfect sense.
/johnny
If I was in the restaurant biz that’s what I would do (i.e., roll the 1% into the price). But 1% is just the beginning of a slippery slope of more increases to come.
We are very selective about where we eat out (only a few favored establishments that offer good value). And we know price changes when they occur. Even small ones. Nothing gets past my wife! :)
If I don't know it, I can't do anything about it, but at some point, their food will reach a price that it is worth more to them than it is me. I was a fan of stock car racing. Back in the 80's the local track raised the price of admission from five dollars to six. When the lady at the ticket window said "Six dollars, please", I told her that it was worth more to her than me, turned around, left and never went back. To me, it was worth five dollars to attend the races, not six. The same with restaurant food. The price will reach a point that it no longer appeals to me. And if worse comes to worse, I can always cook at home.
But, I believe that you are right, the restaurants will just include the cost of obamacare in their food prices.