Obama in Toledo: Economy has improved significantly; Reality to Obama: Mass layoffs ongoing, Outsourcing ongoing, Fewer Jobs and more Debt, Economy worsening, No End in Sight, Worst is Yet to Come

We are closedFrom Huffington Post

The owners of an Ohio restaurant touted last week by President Barack Obama as an indirect beneficiary of the government’s Chrysler bailout said Thursday that tough times are putting them out of business.

New Chet’s Restaurant in Toledo, which opened in 1973, will close Sunday.

Richard and Berlyn Lawrence decided about two weeks ago that it was time to call it quits.

Richard Lawrence said the restaurant once sold 50 of its popular farmer’s omelets each day and stayed open round the clock for 31 years.

But business dwindled after voters passed a smoking ban in 2006.

Read the article here.

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American Economy

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About 3xG Admin

I am interested in Gold, Silver, Energy, Geopolitics, Economics, Religion, Demography, History, Complex systems, Critical theory, Antipositivism, Sociology of knowledge and Chaos theory.
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