james bond
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- Oct 17, 2015
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All around, I see my favorite chain restaurants and once popular sole proprietorship restaurants closing its doors. It's due to the Millennials and their preference for fast, casual dining and home cooking. Now, I know these people work hard and long hours, so how is it that they cannot afford to treat themselves to a longer, better, more formal or buffet dining experience? These types of restaurants are more expensive than fast or fast-casual foods and one usually leaves a tip, but these places aren't exactly budget busters. If the US had more than 3% annual GDP growth during the Obama years, then we may not be in this mess now. These restaurants didn't see it coming. This is a trend in the USA, not so much the wealthier other nations.
It seems that it is important to vote for the right POTUS and politicians. Obama may have ruined it for one generation as they could not get decent jobs. Once the Millennials graduated, they ended up with high college loans and high taxes in order to support the poor immigrants. The lesson? Never vote for a socialist POTUS or politician again. Let the Canadians eat the fast-casual and fast foods. Now, I'm not against immigration. To the contrary, I am for it. Immigration is one of the keys to real GDP growth, but we can't just let anybody in like criminals and terrorists. Moderation is key and that means border control and immigration management. These restaurants need workers and people who will pick their foods and people who are willing to make better of themselves -- the working poor. These are the ideas that the USA was founded upon. Capitalism works.
You are barking up the wrong tree
Wages have been stagnant for decades. Young people are working for low wages and carry high debt
If they choose to compensate by eating at home, I applaud them
You missed their point. They don't have a choice due to their economic situation. You may choose to frequent the chains and better local restaurants, but they can't.