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Starbucks Lost $11 Billion In 2023 In Another Indication Of How Terrible The Joe Biden Economy Is In America

December 30. 2023

Joe Biden

People in America can't afford food, gas, mortgages, rent, car notes and college, but to hear President Joe Biden tell it, this is the best economy in U.S. history. The lies coming out of the Biden administration, that is being run by former President Barack Obama, are so outrageous. The administration is clearly not scared of getting struck by lightning.

Weeks ago the Burger King fast food chain announced they are closing 400 restaurants. Starbucks also announced the close of over 200 locations with a new item this week stating they have lost $11 billion dollars this year.

Starbucks

Americans love Starbucks. They make delicious items. However, the economy is so bad, people do not have the extra income to eat out like they did during the Trump administration, where things were affordable. This is the problem.

A mentally unfit, unscrupulous man is in office, with his strings being pulled by a cocaine snorting deviant, who wants to hold on to so-called power at all costs. They are not good with economic matters and have a self-admitted new world order agenda, which is not about the poor and middle class, but the so-called elites having total control over the masses.

STORY SOURCE

Burger King will close up to 400 stores by the end of the year

Several franchisees have filed for bankruptcy so far in 2023

May 4, 2023, 8:54 PM EDT - The popular fast food chain Burger King plans to close up to 400 restaurants before the end of 2023, TODAY.com confirmed. This week, the CEO of Restaurant Brands International Inc., which owns Burger King, said they are preparing to close between 300 and 400 locations.

The CEO, Joshua Kobza, said in a call announcing Q1 earnings results, that the company "historically" closes "a couple hundred" Burger King restaurants each year. So far this year, several large Burger King franchisees have filed for bankruptcy: Illinois-based Toms King, Michigan-based EYM King, and Utah-based Meridian Restaurants Unlimited...

https://www.today.com

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