Debate Magazine

Obamanomics: Restaurants Take a Big Hit

Posted on the 03 March 2013 by Hughvw
High gasoline prices and 2% payroll tax hikes are going to take a bite out of restaurant sales this year. For some chains the slump has already started. At Darden Restaurants, the owner of Olive Garden, Red Lobster, LongHorn Steak House. Darden Restaurant traffic is down an average 4.5, with Red Lobster leading the pack down 7.5%. Read more.

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