• Please be sure to read the rules and adhere to them. Some banned members have complained that they are not spammers. But they spammed us. Some even tried to redirect our members to other forums. Duh. Be smart. Read the rules and adhere to them and we will all get along just fine. Cheers. :beer: Link to the rules: https://www.forumsforums.com/threads/forum-rules-info.2974/

Red Lobster SHUTS 50 LOCATIONS Sparking Fear Of MAJOR Economic Crises Looming, Democrats PANIC

300 H and H

Bronze Member
GOLD Site Supporter
16:05 min.


Timcast


1.26M subscribers

The Media- "Bidenomics is working." Also the Media-"Red Lobster closes 50 locations Country wide." Again also the Media-"Its Trump's fault."


Red Lobster is in a bad situation. Rich people won't eat there because it's practically McDonalds to them, and middle-class people who used to eat there can no longer afford it.
 

Melensdad

Jerk in a Hawaiian Shirt & SNOWCAT Moderator
Staff member
GOLD Site Supporter
So much bad news for the economy.

Canada is evacuating a city that produces oil due to wild fires, exactly when Biden, for political reasons, needs oil prices to drop.

The bond market is offering no value to investors, which also leaves the value investors with few options. Meme stocks are having a nice run at killing off some hedge funds that are betting on shorting some stocks.

Producer prices rising, so likely looking at an interest rate INCREASE from the Fed, despite the fact that people have mistakenly been believing that there would be at least one, and possibly 2 or 3 rate cuts from the Fed. Any cut would clearly lead to higher inflation, and increase will likely lead to a recession. Fed should have increased much sooner than it started, and more aggressively, but they now are in a no win situation because they delayed way too long and raised too slow.

Government debt is (finally) being taken seriously. Interest alone is a huge problem and may exceed the defense budget!?!

There is now record household debt and consumer delinquencies are exploding.

Red Lobster's issues are just something that consumers and the talking heads on network TV can actually see.
 

tiredretired

The Old Salt
SUPER Site Supporter
All their food tasted the same as it is all cooked and served with that syrupy goop fake butter/oil shit. There is no distinguishing between lobster, fish and scallops and the food tends to be over cooked with rubbery shrimp. The lobster tails were the size of crawdads and one could play handball with their sea scallops that were so rubbery they would bounce if dropped on the floor. :puking:

I read the story about Red Lobster and it actually goes more to the point of the CEO....who was fired for her endless crab events she put on around the country which ended up costing Red Lobster more than customers were paying for the meals. That's just stupid! That's NOT the cause of Bidenomics.....although could be the cause of liberal, leftist thinking because they are.....really, really stupid after all.
 

FrancSevin

Proudly Deplorable
GOLD Site Supporter
From Outback to Texas Roadhouse, Cracker-barrel, to McDonalds to Dennys,,,,; all the major restaurant chains are closing stores. It isn't just the cost of supplies and food, it is a shortage of labor, and customers.

Fast food used to be fast and cheap. It ain't anymore.

Contrarily;
The wife and I had "Longhorn Steakhouse" in Springfield Mo for our anniversary. Same place we always visited for years. Surprisingly, the food was excellent and the service perfect. More surprising, the prices were the same as last year. But the place usually packed on a Friday nite was low on customers.
 

FrancSevin

Proudly Deplorable
GOLD Site Supporter
It's not the shortage of labor. It's giving them all free money so they don't have to work
You don't need much to just live with no goals. Government assistance to the rescue.
Take away the free money, they will go to work.
Sorry but you just described the reason there is a shortage of labor. Government "help."
It hardly negates my observation.
Which is only part of the problem.
People don't have the money to go out to eat. Thanks to inflation, their paychecks are worth less that during Trump's administration which, for the first time in decades, saw people's wages, in terms of buying power, increased.


 
Last edited:

EastTexFrank

Well-known member
GOLD Site Supporter
Some of those Red Lobster locations are in East Texas. In fact, most of their locations in East Texas are to close. There won't be one within at least 100 miles of us. Too bad. We occasionally ate at the one in Longview but it's now gone.
 

FrancSevin

Proudly Deplorable
GOLD Site Supporter
"They" want us to say shortage of labor. Attempting to validate all the illegals to fill positions we have no help for. We have the help. We have the labor. Get em of their dead asses to work.
Whomever "they" are and whatever the reasons, the big chains are hurting. So many of their underperforming outlets are being closed. In some case, the entire chain of restaurants is being closed.
 
From Outback to Texas Roadhouse, Cracker-barrel, to McDonalds to Dennys,,,,; all the major restaurant chains are closing stores. It isn't just the cost of supplies and food, it is a shortage of labor, and customers.

Fast food used to be fast and cheap. It ain't anymore.

Contrarily;
The wife and I had "Longhorn Steakhouse" in Springfield Mo for our anniversary. Same place we always visited for years. Surprisingly, the food was excellent and the service perfect. More surprising, the prices were the same as last year. But the place usually packed on a Friday nite was low on customers.
Only reason fast food isn’t fast or cheap anymore is because they hire people and don’t train them properly unlike back in they day like during your time and in my time the 90s and 2000s. In Canada majority of fast food workers are international students and underage minors because they can pay minors less then minimum wage and international student no overtime pay for long hours.
 
"They" want us to say shortage of labor. Attempting to validate all the illegals to fill positions we have no help for. We have the help. We have the labor. Get em of their dead asses to work.
Like I said American companies will only hire illegal so they can pay them less than minimum wage, no breaks and no over time for long hours since these illegal don’t know labour laws.
 
Top