Tag: Cost of Living
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Obama Laughed at the Cheesecake Factory. Its Customers Just Set a Record.
Obama joked that Trump has the White House “looking like Saddam Hussein opened a Cheesecake Factory.” Days later the chain reported a record $1.03 billion quarter, with comparable sales up 15.2%. Here’s what the joke says about how elites see the families who save up for a night out, and how Republicans should use it.
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Gas Fell 21 Cents. Consumer Confidence Jumped. Washington, Take the Hint.
Consumer confidence jumped 7.5 points to 91.7 in October, and the Conference Board tied the rebound to easing gas prices. But families still expect 5.8% inflation and plan to spend less. Here’s what the survey says about your wallet, and why more American energy and less federal borrowing matter.
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