The Skyrocketing Costs Driving Cheeseburger Prices Up—and Restaurant Owners Out

A new piece in the Wall Street Journal highlights how rising costs for restaurants are driving up prices and forcing some local restaurants to shut down entirely. Restaurant owners described how the rising prices are turning away customers and making it harder to remain profitable. One restaurant fears what could happen if costs keep rising, “I could go belly up. I’ve worked my whole life to get where I am.”

Rising inflation caused by bad policy hurts us all: consumers get hit with rising prices, businesses are forced to shut down, and workers lose their jobs. Policymakers need to be doing more to curb inflation and empower entrepreneurs. By embracing free enterprise, we can better support job creators and expand opportunity for all Americans.

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