Red Lobster

D

Djarum300

Addicted Member
Red Lobster declaring bankruptcy.

A couple of things (both Trump and Biden) on the Covid front helped cover up was that businesses that were going to fail anyway didn't have a chance to fail because of all the money printed for these companies through Covid loans. On top of it, they had to pay employees high hourly wages several years ago just to get employees to work which is now unsustainable.

My god, I went to Arbys and a combo meal was 13 dollars. 13 dollars.

The economy is getting worse even though unemployment is low. Unemployment lags usually 3 months, so be prepared. Buckle up.
 
Speaking of Red Lobster....

I was listening to a podcast which had the owner of Public Square. Public Square is a coop of sorts where the owner put together a phone app that lists businesses that take a "pledge" not to be woke. He stated that a survey they did of these small businesses that costs have gone up significantly and that they haven't yet passed these costs to consumers. What this means is that small business owners are about to break. They eventually will have to repay loans and go up on customers which will possibly cost them customers or cost them the business entirely.

While I've personally blamed Trump and Biden for the inflation, Biden has explicitly said many of these companies are being greedy. Like "greed" is all of a sudden a Covid or post Covid thing? This just doesn't fly.
 
Solution is very simple. Vote democrat, let the U.S. collapse and be taken over by China.
 
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