Eating In

Why restaraunts are failing:

In order to survive, many have had to transform themselves into commercial kitchens specializing solely in takeout. Some businesses will have to go bankrupt, reorganize themselves entirely and move to less expensive areas. However, there's nothing to be done when consumers simply refuse to spend. In general, wages haven't kept pace with inflation and Americans are seeking out cheaper alternatives. Even high-end casual burger chain BurgerFi is now fighting for survival and considering bankruptcy options amid a punishing sales slump. In this economy, an 'upscale McDonald's' is a luxury that many can't afford. Inflation is devastating for average-income earners (making $68,000 a year) with budgets already tight and hikes in transportation, housing and energy costs. Unfortunately, there's no telling when – if ever – these prices will come back down to Earth.

When Americans ditch Bidenomics and unreasonable wage demands...