Close Menu
    Economy

    If America’s economy is so strong, why are restaurants collapsing in one of its biggest economic hubs?


    If America’s economy is so strong, why are restaurants collapsing in one of its biggest economic hubs?

    https://v.redd.it/3fmx7f5dzl1h1

    Posted by Peanut-Extra

    7 Comments

    1. vancel_art on

      Because people are hurting as a result of a failed president who said he doesn’t think about our financial issues.
      He only thinks about Iran he says. Not us

    2. EconoMePlease on

      Thinking Los Angeles restaurants are reflective of the overall economy is a terrible metric to use.

    3. baby_budda on

      This is what happens you have inflation, higher wages and higher energy costs as well as the loss of much of the immigrant workforce in this country. Now were going to see what things really cost.

    4. Careless-Pin-2852 on

      Ca has a $20 minimum wage. And places that use lots of low wage workers are adjusting.

      Like restaurants

    5. Grand-Ad-7185 on

      Yeah CA is a very difficult place to run a profitable restaurant- largely because of the very high minimum wage

    6. LegoRedBrick on

      Trump deported all the cheap labor businesses rely on. Young people don’t want to work for minimum wage. Pretty obvious.

    Leave A Reply