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Yelp Data Shows 60% of Business Closures Due to the Coronavirus Pandemic Are Now Permanent
CNBC ^ | 12/11/2020 | Anjali Sundaram

Posted on 12/12/2020 7:22:33 AM PST by Bon of Babble

Yelp on Wednesday released its latest Economic Impact Report, revealing business closures across the U.S. are increasing as a result of the coronavirus.

As of Aug. 31, some 163,735 businesses have indicated on Yelp that they have closed, a 23% increase since mid-July.

According to Yelp data, permanent closures have reached 97,966, representing 60% of closed businesses that won't be reopening.

(Excerpt) Read more at nbcnewyork.com ...


TOPICS: News/Current Events
KEYWORDS: business; coronavirus; economy
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To: gw-ington

“My oft-stated description of the Democrats’ MO: “The Democrats perpetrate bad stuff, then blame Republicans for what the Democrats themselves perpetrated.””

There seems to be a limited pubic tolerance for Democrat F-ups. The moderate GOP see their function as relieving the Democrats every 8 years to slow down the progressive slide. They don’t reverse any of it, of course.


21 posted on 12/12/2020 8:06:12 AM PST by Tallguy (Facts be d@mned! The narrative must be protected at all costs!)
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To: LouAvul
From the article: restaurants, bars and nightlife venues have been hit the hardest

Interestingly, those are probably occupations that mostly employ Democrats.


22 posted on 12/12/2020 8:39:44 AM PST by Sooth2222 ("A conservative is a liberal who got mugged the night before" - Frank Rizzo)
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To: Bon of Babble

These governors enacted their orders to specifically harm the Trump base of support and funds....small business.


23 posted on 12/12/2020 8:42:48 AM PST by Dana1960
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To: detective
The business closures are NOT due to the pandemic.

They are due to a deliberate policy of Democrat politicians to spread human suffering and human misery and to destroy the middle class.

True. The entire Democrat Party Cabal took full advantage of the CCP Wu-Flu (that magically invaded the U.S. in January of this Presidential election year) to make last-minute unconstitutional changes to election laws in swing-states, shut down the economy, spread gloom-and-doom 24/7 on fake-news MSM, etc. All with the goal of, as you rightly say, "spreading human suffering and human misery and to destroy the middle class." The Democrat Party loves this (because it believes demoralized Republican small-business owners will gravitate to the Democrat Party's promises of escalating wild spending and government handouts). Many naive Republican politicians also cluelessly approve of all of this (e.g., PA's Republican legislature happily voting for Dems' proposed 2019 law changes allowing fraud-susceptible mail-in balloting).

And what a "coincidence" that Corporate America has been financially "donating" to and gleefully promoting the Marxist Black Lives Matter (that torches and destroys small businesses nationwide) on their corporate websites. The CCP leaders really like that fact. It seems the "leaders" of the CCP, Republican Party, Corporate America, and Democrat Party all have the identical goal in mind: Destroying the U.S. middle class. (Haven't seen any reasonable explanations arguing otherwise.)

24 posted on 12/12/2020 8:45:33 AM PST by gw-ington (The Office of the President-Elect gw-ington and Vice President-Elect Loch Ness Monster)
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To: Sooth2222

Where did you get that graphic?


25 posted on 12/12/2020 9:09:46 AM PST by Loyalist (Dominion Voting Machines: We Give It 110% Every Time!)
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To: Bon of Babble
Yeah New York State did the same thing. We have a bridge that takes you to Niagara Falls from Buffalo. They took out the booths. My daughter got a bill for $1.00, and she forgot to pay it. They sent her another bill for $1.00 plus a $50.00 late fee!
26 posted on 12/12/2020 9:50:44 AM PST by fhayek
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To: Bon of Babble

Destroy small businesses so they can control what we purchase from Amazon (the future government partnered business) and including pharmaceutical purchases.


27 posted on 12/12/2020 10:06:10 AM PST by CincyRichieRich (Take back our stolen republic or move to a cattle car of their choosing...)
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To: LouAvul

In addition people around me are shocked how much money they’ve saved not eating out, going to the cinema etc


28 posted on 12/12/2020 10:14:15 AM PST by Katya (lacking in the feelings department)
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To: Bon of Babble

So, our choice narrows further to just the mega-chains and big box stores in the future.


29 posted on 12/12/2020 10:41:00 AM PST by krny9
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To: LouAvul
Luxury venues are always the first to go. I have not eaten out in months. The good part is that my diet has been healthier since I'm cooking my own food. The bad part is I'm never caught up doing dishes.

Glad your health is improving. So 'luxury' businesses are going away and you seem somewhat OK with that. Of course, people employed by those businesses now have no money to spend at "non luxury" businesses, that now due to their downward business trend, can't spend money at other businesses. And so on and so on.... But who cares? As long as everybody's healthy.

30 posted on 12/12/2020 10:43:46 AM PST by Right Brother
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To: Sooth2222

Some of these make sense, but some look sus. Look for example the difference between pediatricians vs urologists. Both are medical doctors, so why the difference. I expected a small bias, as women are over represented in pediatricians, but that doesn’t explain the major difference here.


31 posted on 12/12/2020 10:47:03 AM PST by krny9
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To: doc maverick

That has always been the case. I have had many. Many docs tell me there patients have the glu and something must be wrong with my neg flu tes.


32 posted on 12/12/2020 11:47:30 AM PST by momincombatboots (Ephesians 6... who you are really at war with)
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To: Right Brother

33 posted on 12/12/2020 4:02:14 PM PST by LouAvul (The wheels of America are coming off and the media have stolen the lug nuts.)
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To: Right Brother

Restaurants are low wage, low skill, min. wage sweat shops. I know this from personal experience.


34 posted on 12/12/2020 4:05:10 PM PST by central_va (I won't be reconstructed and I do not give a damn...)
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To: Bon of Babble

Yelp is not helping by letting businesses falsely get flagged as racist, hurting their reputation and even ability to function.

BLM NuLu has threatened to give Hispanic businesses bad reviews and flag them as racist if they don’t donate to BLM and hire more blacks.
Cuban community plans rally at NuLu restaurant in response to Black Lives Matter demands
https://www.courier-journal.com/story/news/local/2020/08/01/louisville-cuban-community-rally-support-la-bodeguita-de-mima/5562669002/

New York boutiques were robbed by mobs and told that if they tried to prosecute shoplifters, they’d be flagged as racist.
Stealing Soho: Luxury retailers terrorized by shoplifting mobs
https://nypost.com/2020/10/10/grab-and-run-shoplifters-terrorize-luxury-nyc-boutiques/


35 posted on 12/12/2020 5:57:33 PM PST by tbw2
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