[the Fed MUST do something! ;-) ] L.A. TIMES / January 26, 2012:
Philippe's 9-cent coffee about to become history The L.A. restaurant announces it will raise the price of a cup o' joe to 45 cents on Feb. 2 because of the rising cost of its supply. Customers of the French dip palace wonder what took so long. By Rick Rojas, Los Angeles Times January 26, 2012 Philippe's is best known for its legendary French dip sandwiches. But for regulars, nothing speaks to the eatery's historic L.A. feel than the 9-cent coffee on the menu. And the 1 extra cent of tax. Since 1977, the legion of longtime customers at the restaurant on North Alameda Street north of downtown Los Angeles had grown accustomed to putting a dime on the counter and getting a hot cup of coffee in return. But on Wednesday, management posted a surprising sign on the door: Starting Feb. 2, the price of an eight-ounce brew is going up 400% — to 45 cents. Add 5 cent tax and the total price is 50 cents. They say the cost of coffee is such that the restaurant can no longer keep its price so low. "It's been a tradition," said Mark Massengill, whose family has run the restaurant for four generations. "We've always tried to provide a tremendous value in the food and coffee." And, he said, coffee will be included in the price of a breakfast and, even after the hike, two quarters for coffee is still a bargain.... -- Jim Devine / It's time to Occupy the New Year! _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
