You Won’t Believe What Biden Tells Struggling Restaurant Owner

July 22, 2021 By E.J. Smith - Your Survival Guy

President Joe Biden waves to the guests during a CNN Town Hall with Anderson Cooper Monday, Feb. 16, 2021, at the Pabst Theater in Milwaukee, Wisconsin. (Official White House Photo by Adam Schultz)

At what turned into a disastrous CNN Townhall for Joe Biden last night, he was asked by a restaurant owner how his administration is incentivizing people to get back to work. The obvious implication was, with all the extra unemployment benefits and stimulus being handed out like candy by the Treasury, why would anyone go back to productive employment?

Rather than even attempt to explain efforts by the administration to put people back to work, Biden arrogantly blamed the restaurant owner for not paying enough. As though there’s an unlimited pot of money owners can tap into to pay whatever employees demand.

Anyone who has run a business knows that if you pay employees more, you have to charge customers more. With Bidenomics-era inflation hammering food prices, restaurants are already having trouble passing on higher prices to diners. If they raise prices to pay labor more, it’ll break the bank.

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Watch the clip below as Biden stumbles his way through blaming this restaurant owner for problems created by the administration.

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E.J. Smith - Your Survival Guy

E.J. Smith is Founder of YourSurvivalGuy.com, Managing Director at Richard C. Young & Co., Ltd., a Managing Editor of Richardcyoung.com, and Editor-in-Chief of Youngresearch.com. His focus at all times is on preparing clients and readers for “Times Like These.” E.J. graduated from Babson College in Wellesley, Massachusetts, with a B.S. in finance and investments. In 1995, E.J. began his investment career at Fidelity Investments in Boston before joining Richard C. Young & Co., Ltd. in 1998. E.J. has trained at Sig Sauer Academy in Epping, NH. His first drum set was a 5-piece Slingerland with Zildjians. He grew-up worshiping Neil Peart (RIP) of the band Rush, and loves the song Tom Sawyer—the name of his family’s boat, a Grady-White Canyon 306. He grew up in Mattapoisett, MA, an idyllic small town on the water near Cape Cod. He spends time in Newport, RI and Bartlett, NH—both as far away from Wall Street as one could mentally get. The Newport office is on a quiet, tree lined street not far from the harbor and the log cabin in Bartlett, NH, the “Live Free or Die” state, sits on the edge of the White Mountain National Forest. He enjoys spending time in Key West (RIP JB) and Paris. Please get in touch with E.J. at ejsmith@yoursurvivalguy.com To sign up for my free monthly Survive & Thrive letter, click here.

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