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Inflation Is Eating Away at the Heart of America's Small Businesses
Townall.com ^ | January 25, 2022 | Salena Zito

Posted on 01/25/2022 4:39:57 AM PST by Kaslin


Source: Photo/Salena Zito

Of the four restaurants Rick McQuaide owns across several counties in Western Pennsylvania, one is barely making a profit, two are losing money and the fourth has been "temporarily" closed for far longer than he ever anticipated.

The 58-year-old small businessman from nearby Cambria County has one word for why he finds himself in this position -- and it isn't the pandemic.

"It is inflation," he said flatly.

McQuaide -- whose family has also been in the trucking and logistics industry for 70 years -- said what frustrates him is the reaction coming from the White House and much of the national media on the severity of the problem.

"They seemingly shrug it off -- maybe that happens because they've never owned a small business or maybe because they have jobs where they can absorb the costs with less pain," he said.

"They are wildly out of touch with the struggles of the average American and small businessperson," McQuaide adds. "That isn't political, that is reality."

He pointed to Biden downplaying the Labor Department report released Wednesday that showed inflation rose at the fastest pace in four decades in December (7 percentage points) as an example of how disconnected he is from the people he serves. Biden said "we are making progress" and claimed there was a reduction in inflation in the past month.

McQuaide isn't seeing it. He said there isn't an aspect of his business that has not been upended by inflation. Fewer people are applying for jobs, driving up wages. Then there are the prices of food and fuel.

"Everything has gone up and everything has gone up extraordinarily," he said.

That is, of course, if you can get the things you need.

"The supply chain that delivers to us, our primary vendors, like US Foods or Sysco, are running out of things because they have a shortage of labor to deliver the food and the manufacturers that produce the food also have a shortage of labor," he explained.

McQuaide's restaurants in Johnstown, Murrysville and Ligonier are famous for their crab cakes, but he had to stop selling them because they became so cost-prohibitive to his customers.

"A case of premium jumbo lump crab normally cost us $100 a case; over the past few months that cost has spiked to $600 for that same case."

It's not the only item he has had to take off the menu.

"We've had to change menu items to lower-cost things or things that we can get readily available," McQuaide said. "And we just don't have the same variety that we used to."

He says the cost of inflation "is not just killing our industry, it is hurting families as well." McQuaide thinks it would help if Biden and other politicians got out of Washington and saw what's happening to small-town Main Street.

"If they saw it from my perspective, if they spent a week in my shoes, or in consumers' shoes, that might persuade them to address these issues with empathy and experience rather than dismiss the urgency of the crisis," McQuaide said, "a crisis I don't see ending anytime soon."


TOPICS: Business/Economy; Culture/Society; Editorial
KEYWORDS: economy; inflation; salenazito
What does everyone expect? Biden is nothing but an idiot.
1 posted on 01/25/2022 4:39:57 AM PST by Kaslin
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To: Kaslin

Brandon makes war on the bourgeoisie. It’s what communists do.


2 posted on 01/25/2022 4:41:38 AM PST by Spok (Who is Ray Epps?)
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To: Kaslin

3 posted on 01/25/2022 4:42:22 AM PST by Diogenesis (Si vis pacem, para bellum)
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To: Kaslin

Shortages and price jumps.


4 posted on 01/25/2022 4:44:44 AM PST by Bloodandgravy (Liberty and democracy are eternal enemies.)
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To: Kaslin
Deep State has bagged another one, this one a fixture in Central PA, the Country Cupboard...

Well-known central Pennsylvania restaurant closing after 50 years

5 posted on 01/25/2022 4:46:35 AM PST by mewzilla (God bless Canada's Freedom Truckers!)
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To: Spok
"If they saw it from my perspective, if they spent a week in my shoes, or in consumers' shoes, that might persuade them to address these issues with empathy and experience rather than dismiss the urgency of the crisis,"

Nah.

A commie would have you shot just for bringing up the idea.

6 posted on 01/25/2022 4:55:16 AM PST by kiryandil (China Joe and Paycheck Hunter - the Chink in America's defenses)
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To: Kaslin

Biden never ran a business. Never had to compete to gain and keep customers, never had to worry about cost of goods sold, operating expense, taxes, compliance and somehow netting a profit.

But no mean tweets,... yeah, that’s just great...


7 posted on 01/25/2022 5:05:08 AM PST by Made In The USA (Ellen Ate Dynamite Good Bye Ellen)
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To: Kaslin

“This store survived Carter, but it couldn’t survive Biden.” Those words are describing a small neighborhood grocery store/deli that had been in business since the 60s. It was in my small hometown in upstate New York. The owner cited two reasons: inflation and lack of workers. “It’s impossible to find good workers when the government pays people NOT to work.”


8 posted on 01/25/2022 5:11:38 AM PST by Restless
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To: Kaslin
Then WHY did you vote for Biden?

Oh, you didn't vote for Biden? Well, who did then? Hello, anyone know anyone who voted for Biden? So, how did Biden and Kamala get into office? Anyone have answers?

9 posted on 01/25/2022 5:27:37 AM PST by MeneMeneTekelUpharsin (Freedom is the freedom to discipline yourself so others don't have to do it for you.)
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To: MeneMeneTekelUpharsin

You have to survey the Dominion machines to find out who voted for Biden-—

They did.


10 posted on 01/25/2022 6:10:57 AM PST by ridesthemiles
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To: Kaslin

If they would just raise the minimum wage to $15.00 an hour everything would be fine!

They just don’t get it.


11 posted on 01/25/2022 6:22:22 AM PST by unixfox (Abolish Slavery, Repeal the 16th Amendment)
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To: Spok
Government controlled printing presses are creating Inflation that Is Eating Away at the Heart of America's Small Businesses and the value of any savings that American citizens have accumulated!
12 posted on 01/25/2022 12:35:02 PM PST by Elsie (Heck is where people, who don't believe in Gosh, think they are not going...)
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