They are going to go out of business. Buildings and labor are too expensive. Limited entry level jobs.
The new generation Americans consider these the jobs of the future, along with being on a government payroll or working for a non-profit.
Today, I don't know what would be considered entry-level.
Fast food companies are making record profits and last year spent billions on stock buybacks. Biden has nothing to do with any price increases, it’s just greed.