Private enterprise, defined by the need to make a profit and compete with others trying to do the same:
A Burger King franchisee confirmed Wednesday that the company has asked franchisees to consider temporarily dropping the price of their double cheeseburger to $1, a move likely aimed at igniting a burger battle with McDonald's Corp.
[. . .]
Late last year, Oak Brook-based McDonald's increased the price of its own double cheeseburger from $1 to $1.19 due to pressure from its franchisees, whose profit margins were increasingly being squeezed by rising ingredient costs.
Public enterprise, defined by a monopolistic culture that does not fear competition:
Economists claim the United States is suffering the worst economic recession since 1957.
But in-state undergraduate tuition is going up throughout the state.
According to The Associated Press, Indiana's Commission for Higher Education recommended a 5 percent increase at IU, Purdue and the University of Southern Indiana. Ball State University and Ivy Tech Community College might raise their tuitions by 4 percent, and the Commission said that Indiana State University and Vincennes University shouldn't go higher than 3.5 percent.
Comments
C'mon...if they want to "do it right"...roll them there prices back to $.27 a burger - with quarter cokes and $.30 fries...now THAT'S one way to beat any recession!
(and save a few bucks FOR That tuition increase!)
(Now yer talkin')
And McDonald's can come back with the All-American Meal we served when I worked there: Burger, fries and a shake for 45 cents. IPFW was one building, and I could afford to go there without getting a loan or a full-time job.