Thursday, February 19, 2009

Update on Happy Hour

Only a couple of days after the original WCCO report there was a Facebook group called "Dear Minneapolis City Council, there is no need for you to ban Happy Hour." As of this writing that group has 2,180 members, one of which is Minneapolis Mayor R.T. Rybak. This was posted by Mayor Rybak yesterday on Facebook:

"Just to be clear, I don't know of anyone around City Hall who is even thinking about this. It was a suggestion from a citizen committee but I don't think it has much support. I certainly don't think that's where we should be spending our time. Now people can stop emailing and Facebooking me about it...and I'll get back to the budget where our focus belongs."

That pretty much puts a nail in it as there are other sources within City Hall who echo the Mayors sentiment.


Or not.

Since we're talking about posts on Facebook perhaps I should share a comment posted to my wall:

"Tony, I disagree with your stance in the Happy Hour ban. If it takes effect bars will need to start offering everyday low prices! Not just for an hour or two. Take a second to think this over."

I did. This was my response:

"While you make a good point I don't know that it's entirely accurate. Yes there would be downward pressure on prices in general, but the reason for happy hour in the first place is to create business during non-peak times. Happy hour is, in essence, a supply and demand pricing scheme. When demand is high, so are prices and when demand is low the prices are too. Without this ability to alter prices to bring in business many bars would suffer and eventually close down, thus reducing the supply of bars and increasing the demand for their services thereby causing prices to increase in turn."


This is an example of why the internet is an amazing thing that we probably take too much for granted. Go internets!

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