Big coffee chains and fast food restaurants are losing money. It's a sign of the times
People can't afford $6 coffees and $17 burritos because groceries, gas, rent and utilities occupies the rest. Never mind the health care insurance payments which have largely become optional.
Times have changed and the affordability crisis is here to stay for the foreseeable future.
There is a youtube channel I sometimes watch where the creator drives around small American towns hit by abandoned industries. The median income is around $30,000 as is the average value of a home. Poverty rates run around 50 to 60%.
Middle America has been hollowed out.
This is a global crisis but nowhere is it felt more than in a nation where the wealth disparity leaves you shaking your head.
The current regime is so criminal that Pete Buttigeg recently filled a stadium in deep red Oklahoma where the people were seething mad. They know something is deeply wrong and they know where the blame lies. Trumpism only poured fuel on an existing blaze.
It proves to you that not everyone is so easily bamboozled.
Even in the redest of the red.
