Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Economy

democratsruletheday

(1,473 posts)

6. We are in a FULL fledged recession, I don't care what the numbers say

Reply to mahatmakanejeeves (Original post)

Sun Aug 10, 2025, 07:30 PM

Aug 10

I live in West MI (just north of Grand Rapids) and we have so many restaurants going out of business day to day, week to week it's hard to keep track. Just a bloodbath, and that's no lie.

Edit history

Please sign in to view edit histories.

Recommendations

1 members have recommended this reply (displayed in chronological order):

kcoates

13 replies

= new reply since forum marked as read

Highlight:

Restaurants are under threat as costs skyrocket and consumers cut back [View all] mahatmakanejeeves Aug 10 OP

DUers should start a local dining buddy system bucolic_frolic Aug 10 #1

I think you mean dining at home. That would be ideal: Bernardo de La Paz Aug 10 #3

Double threat: tariff taxes on inputs plus higher production costs for domestic inputs due to ICE. Bernardo de La Paz Aug 10 #2

This economic death spiral of higher costs resulting in fewer consumers will only get worse. sop Aug 10 #4

wholesale hamburger "up nearly 21% compared to the same month 10 years ago" - I can believe 1 year ago progree Aug 10 #5

I saw that. It looks like a typo to me too. mahatmakanejeeves Aug 10 #7

Typo, or something partly written by AI, and the human editor was a vegetarian, and so never had the experience of progree Aug 10 #9

Hmm, FRED says just 32.7% from 6/01/15 to 6/01/25 (that's just 2.87%/year) progree Aug 10 #10

FRED needs to get to the Giant. I was there yesterday (Saturday). mahatmakanejeeves Aug 10 #11

Or the BLS needs to get to Giant (FRED just regurgitates the BLS numbers) progree Aug 10 #12

We are in a FULL fledged recession, I don't care what the numbers say democratsruletheday Aug 10 #6

In our area, piddyprints Aug 10 #8

Here's a silly idea... BWdem4life Aug 10 #13