Red Lobster has been around for more than 50 years – surviving multiple recessions and even the COVID lockdowns to stay in business, but there’s one thing the iconic American restaurant couldn’t withstand – Joe Biden’s presidency.
The restaurant chain is the latest victim of “Bidenomics” with reports surfacing that the company has been forced to abruptly close DOZENS of locations across the country.
More than 80 locations in at least 27 states have been listed as “temporarily closed” by the chain with workers being given “no notice whatsoever” according to reports.
Like far too many Americans have seen firsthand, the increased costs brought on by Biden’s economic policies created significant financial struggles for the company – including one promotion which resulted in them losing $11 million.
As a result there have been rumors that the company is looking for a buyer to avoid having to file for Chapter 11.
The company has 650 locations across the country and the closure of 80 of them represents hundreds if not thousands of American jobs lost.
Even in the face of stories like this, the Biden regime would have you believe that Joe Biden is doing a “great job” of leading this country and the economy is “strong as hell” but it’s impossible to ignore the reality of what’s happening right in front of our faces.
Watch the video here to see how Biden is CRUSHING American businesses.
Biden’s Build Back Better.
Red Lobster abruptly closes at least 50 restaurants, including 14 in NY and NJ. 56 year old restaurant chain considers filing for bankruptcy due to rising costs.
Yet, Democrats want you to think that Biden is doing a great job! pic.twitter.com/IdQHNFBsOI
— I Meme Therefore I Am ?? (@ImMeme0) May 14, 2024
