A columnist for RedState is putting a spotlight on the impact “Bidenomics” has been having on the restaurant industry amid stubborn inflation and the myriad other factors making it harder for small business owners to make a living:
“The Biden administration’s horrendous spending (and, to be fair, the dumps of printed money during the Trump administration, sold as pandemic stimulus) has been wildly inflationary. Add to that stupidity like California’s jacking up minimum wage for fast-food workers, and you have a business model that is simply no longer tenable.
“The federal government shut down the entire economy in 2020, floated loans to businesses that they are having trouble now repaying and got people accustomed to doing more cooking and eating at home. This is having an impact – today on restaurants, but tomorrow?”
To read the whole article by RedState, click HERE.