Large mega cap companies have been laying off people for almost a year. Facebook, IBM, Google, Microsoft, finance giants like Goldman Sachs, and manufacturers like Dow had large layoffs last year. Facebook laid off 10,000 in March of 2023

The economy is getting really terrible that’s why a lot of businesses are hurting!

These statements are not based on facts. Coral reefs are not doing poorly and great recovery from bleaching events have been found to be much faster than expected. Coral thrives in warm water.

Worldwide population growth has been on the decline for decades.

You’re exactly right & a 30 to $40. bill they want a 10 to $14. tip. When I die my wife’s money will go fast but she’s the kind of a lady that can really do without if she has to!

The only surprise about RL is how the heck did they last so long?

People not realizing what good fish taste like?

We love Red Lobster. We went to their first restaurant in Lakeland, Fla., back in the day while attending Detroit Tigers Spring Training games. It will be sad to see them go......

There is very little objective economic information to support this statement.

The stock market, all three indices, is at an all-time high. Corporate profits in the aggregate are the highest they have been for years. How can this happen in a terrible economy?

It is a fact that the unemployment rate has been under 4% for the most consecutive months in history. This is not indicative of a terrible economy. There are millions more job openings than unemployed workers. The employees of any restaurant that goes out of business will have no trouble finding new work in the restaurant industry as there has been a shortage of workers. McDonald's was selling for about $175 a share right before the pandemic struck. Today, it sells for about $273 a share.

The CEO's of both Costco and Walmart said that their grocery prices are lower than they were 1 year ago.

This is not spin. It's all factual data. There certainly is challenges in the economy, it's not perfect. If you need a mortgage, no one wants to pay close to 7% interest. But it is absolutely true that our economy is the best in the world. It's not terrible. It's been so much worse so many times in my life.

Please provide a link to that. Or do you mean inflation adjusted on one or two items out of thousands?

Maybe he meant the $18 Big Macs in Connecticut or large scale ground beef recalls at WalMart....thats always an igniter of stock activity

Based on the food we buy no question prices in supermarkets considerably higher in past year.

Grocery prices are still up well over 20% from 3 1/2 years ago. So a slight drop, while nice is hardly a sign of a good economy...

Best thing is the Red Lobster Cheddar Bay biscuits but they have a RL brand mix thats exactly the same. Takes a whole 8oz package of shedded cheddar though😳. Yum but wow!

in food mfg. industry for 40+ years. Retail foods (groceries) always move in tandem—up—with inflation when the economy is bad. US retail food industry makes a lot of $ during bad economic times but it suffers when times are good bc people have more money to eat out.

It’s sad to see so many of the chain restaurants struggling or going away. Applebees, Chilis, Red Lobster, Cracker Barrel…all have closed many locations.

Also high fuel prices. They compound since things are shipped & shipped then shipped again before it gets consumed. Also plastics are made from petroleum.High fuel prices result in a HUGE increase for just about everything.

Theres no science behind your doom & gloom. Recent years have resulted in substantial gains in populations of fish & seafood globally. I don’t eat the stuff but I do read global economic reports for fun🤪

So you love to haul in groceries, cook & clean? 😎

maybe… killer whales are attacking men who built windmills in their homeland & boars which use whale-deafening radars? Ocean temperatures vacillate without respect to human activity. Why do green-minded folks never mention all the plastic garbage in the ocean instead of stating the WEF fake warming mantra? The 70s it was global cooling. Then holes in the ozone. Why not actually work to improve global ecology?

my daughter found RL box mixes @ the grocery store, can't remember if it was publix or wynn-dixie

Always at Wal-Mart....imo, nothing like in store. Probably the only thing I liked there! Kinda like the ppl that go to Olive Garden just for salad/breadsticks!

Olive garden soup is good. love the soup salad combo

Attachment 104156The U.S. national debt is rising by $1 trillion about every 100 days.

This is an economy on crack. Both parties are complicit but obviously one is more so than the other.

CNBCAccess Denied

It is not only the politicians fault but ours as well. We all know how this will end but the voters don't care. If you are complaining about Medicare now, just wait.

I wonder what happened in 2023?

I'm looking at my McDonald's app and just switched the location to North Haven, CT on Washington Ave (a few blocks away from where I used to live). A Big Mac is regularly priced at $6.59, a meal with medium fry and soda is $11.69. If you have the app you can select a Big Mac at the regular price and a second one for only 29 cents.

I checked the Norwalk, CT McDonald's location and it's a dollar cheaper, at $5.59.

Here in Summerfield, on 441, it's $5.69.

It's still more than I'd want to pay for a substandard burger on an air-infused bun, but hubby like it, so I usually get the WAY overpriced 1.5-ounce fish sandwich that comes with only 1/3 of a slice of cheese, and steal a bunch of his fries from his box. Then I have a salad an hour later from the fridge.

Long, long gone are the days of 50-cent cheeseburgers and $1.29 for a 3-oz Fishwich.