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Old Bessie Finds Joy in the Economy

by Henry Oliner | Oct 26, 2008 | Economy | 0 comments

Steak houses Ponderosa and Bonanza have joined Bennigans and Steak and Ale in Chapter 11.

It is a sign of the economy and belt tightening. Those very low end restaurants such as McDonalds are benefiting from people seeking cheaper food. My favorite diner in Atlanta, the White House, said business is still good.

It seems that the middle income restaurants may be the most vulnerable.

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Rebel Yid is the personal blog of Henry Oliner, blending political and economic insight with sharp wit and historical depth. A former CEO turned commentator, Henry explores the intersection of philosophy, policy, and personal liberty.

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