I would gesture to say that most people are economically illiterate. If they think businesses are going to take the hit - they are sadly mistaken. They either pass the hike on to the consumer or do what these businesses are doing - cut hours and staff. Lands, I can’t believe the stupidity of some Americans - those who run governments should be required to take economic classes.
“. If they think businesses are going to take the hit - they are sadly mistaken.”
Businesses have been so vilified by the liberals that sheeple view them as evil. NOT as places that hire people, stir economic growth, create innovation, and are the reason this country has been so successful.
Since the entrepreneurial spirit has been squashed, this country’s demise is close by.
Restaurants CAN'T absorb costs. Most are barely making an adequate profit as it is. They can't raise prices much, because people will be less likely to eat out.