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- Here’s the real reason restaurants are struggling: they’re expensive, and most people just don’t have the money to go out.
Here’s the real reason restaurants are struggling: they’re expensive, and most people just don’t have the money to go out.
Here’s the real reason restaurants are struggling: they’re expensive, and most people just don’t have the money to go out.
But it’s deeper than that.
It’s not that there’s no money at all — there are rich people.
The problem? Rich folks can only be in one place at a time and eat one dinner a night.
If 10 people each have $100,000, that’s 10 dinners.
If one person has $1 million, that’s one dinner — maybe a fancy one, but still just one.
When money gets concentrated at the top, you get fewer customers spending money out in the world.
A healthy economy doesn’t just need money — it needs volume. The money has to keep moving and circulating for businesses like restaurants to thrive.
The stock market just hit an all-time high, but 90% of stocks are owned by only 10% of people.
So when the market goes up, you don’t see more people eating out. You see money sitting stagnant in stocks — not feeding the economy.
Look at Floyd Mayweather — sure, he spends on flashy stuff, but that money circulates.
Now compare him to Elon Musk, who famously wears free clothes and basically sleeps at his office.
Elon’s wealth is mostly locked in Tesla stock — it’s not helping the average person or the local economy.
When working folks get unexpected money — a stimulus check or a bonus — they ask, “What are you gonna spend it on?”
When rich people get extra money? They just pile it on top of what they already have.
Funny how the rich always lecture everyone about buying lattes — but lattes are the economy.
If working people stop buying, the whole system collapses.
The economy runs on spending. Not hoarding.