Video – American Conservative Movement https://americanconservativemovement.com American exceptionalism isn't dead. It just needs to be embraced. Sat, 05 Oct 2024 19:46:39 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.2 https://americanconservativemovement.com/wp-content/uploads/2022/06/cropped-America-First-Favicon-32x32.png Video – American Conservative Movement https://americanconservativemovement.com 32 32 135597105 Next Hezbollah Leader Appears to Have Already Been Killed by Israeli Strike https://americanconservativemovement.com/next-hamas-leader-appears-to-have-already-been-killed-by-israeli-strike-in-southern-lebanon/ https://americanconservativemovement.com/next-hamas-leader-appears-to-have-already-been-killed-by-israeli-strike-in-southern-lebanon/#respond Sat, 05 Oct 2024 14:02:55 +0000 https://americanconservativemovement.com/next-hamas-leader-appears-to-have-already-been-killed-by-israeli-strike-in-southern-lebanon/ A senior Hezbollah leader, rumored to be a potential successor to the recently deceased Hassan Nasrallah, has been declared “unreachable” following a series of Israeli airstrikes that struck Beirut with devastating precision.

Lebanese security sources have reported their inability to establish contact with this prominent figure, Hashem Safieddine, after Israel allegedly targeted him during airstrikes in the southern Beirut suburb of Dahieh.

Subsequent strikes have hampered rescue efforts, leaving uncertainty regarding Safieddine’s fate, as separate sources have indicated.

When queried during a Friday evening briefing about the possibility of Safieddine’s death in the strike, Israeli military spokesperson Nadav Shoshani stated that the military was still investigating the outcome of the raid.

“Around midnight, we struck the Central Intelligence headquarters of Hezbollah in Dahieh,” Nadav Shoshani said. “When we have more information to share about who was there and what the result of the strike was, we will share it.”

The recent death of former Hezbollah chief Hassan Nasrallah during Israeli airstrikes on the Lebanese capital last weekend has sent shockwaves through the organization. His deputy, addressing the situation shortly thereafter, asserted that a new leader would soon be elected.

Israel has proclaimed that the elimination of Nasrallah marks merely the initial phase of their broader campaign against the group.

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America’s Housing Crisis: Skyrocketing Costs and the Search for Affordable Home Solutions https://americanconservativemovement.com/americas-housing-crisis-skyrocketing-costs-and-the-search-for-affordable-home-solutions/ https://americanconservativemovement.com/americas-housing-crisis-skyrocketing-costs-and-the-search-for-affordable-home-solutions/#respond Fri, 30 Aug 2024 17:14:04 +0000 https://americanconservativemovement.com/americas-housing-crisis-skyrocketing-costs-and-the-search-for-affordable-home-solutions/ (CBN)—Housing costs in America have skyrocketed, leaving many families struggling to keep up. The shortage of affordable housing has created a crisis, forcing people to choose between basic needs and a place to live.

While many high-end houses are being built at a steady pace, millions of Americans are struggling. Many low-income families spend more than half of their paycheck on rent, leaving them barely able to afford even the most basic housing.

“This rent is ridiculous, I don’t know what’s going on in the world,” said one renter in Norfolk, Virginia.

Experts blame a number of reasons behind this and expect it to get worse.

“We are in a housing crisis,” said Will Fish with the Center on Budget and Policy Priorities. “There are hundreds of thousands of people in this country who have no home at all.”

He went on to say a record 653,000 Americans experience homelessness any given night – a stark reminder of people living on the margins.

“There are many more millions who are paying very high shares to their income for rent, and are often, you know, just one step back away from being evicted and losing their home,” Fish said.

For others like Cherise Ryan, a student juggling school and a part-time job, the burden of rising rent is a bit overwhelming.

“It’s affecting me because I’m in school right now and I’m not working,” said Ryan. “So, you know, (I’m) trying to be in school and doing a little Ubering to pay the bills.”

Vanessa Brown Calder from the CATO Institute highlights how the transformation of many cities into luxury hubs – where the average home now costs $1 million or more – is driving rent prices to outpace income growth. For instance, studies indicate that since 2000, rents have surged by over 50%, while average incomes have only increased by about a third of that rate.

She also notes construction costs and zoning restrictions complicate the affordable housing puzzle.

“What’s happening here is we are just not able to build enough housing, even with higher construction levels, we are not able to build enough housing to make up for the big hole that we are in,” Calder said.

That hole she references is a shortage of nearly 20 million homes, widening the gap between available homes and potential buyers.

“I do think that the private market is the solution to housing affordability issues,” said Calder. “The private market can only be unleashed to solve those problems if the government gets out of the way and removes some of this unnecessary red tape and restrictive regulation. We need policymakers leading the charge to reform government regulations.”

Certain states are taking the lead, making significant changes in reforming housing policies. Legislators in both red and blue states have moved to modernize zoning laws, streamline the residential planning process, and update standards for home building and design.

Progress is being made in Virginia Beach, with a move toward ‘workforce housing’ designed to help blue-collar families, including police officers and firefighters, afford a place to live in this competitive market. Despite criticism, this approach exceeds city zoning regulations and removes land once zoned for farming.

There are also private efforts like the Kingdom Builder Group in Phoenix, stepping up in faith to help.

“We want people to know that we’re different,” said Patrick Smythe, President of Kingdom Builder Group. “We’re trying to build the kingdom through providing housing – and really just showing people the love of Christ in all that we do; how we treat our customers, how we treat our subcontractor partners.”

Partnering with Boxabl, a group designing prefabricated homes, the group focuses on affordable construction for low-income families and veterans. They also collaborate with churches and veteran organizations to create sustainable projects that support the city’s spiritual and social needs.

“The current zoning ordinances in all municipalities across the country are kind of antiquated,” Smythe said. “You know, I could build 20 units in six months, if the government would do the zoning and get out of the way.”

As housing costs likely continue to rise, so will the need for affordable, working-class housing. The hope is reforms will expand beyond the state-level and private market to bring Americans-in-need closer to the dream of stable, affordable homes.

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High School Principal Seen Giving and Receiving a Lap Dance to the School’s Mascot https://americanconservativemovement.com/high-school-principal-seen-giving-and-receiving-a-lap-dance-to-the-schools-mascot/ https://americanconservativemovement.com/high-school-principal-seen-giving-and-receiving-a-lap-dance-to-the-schools-mascot/#respond Sat, 24 Aug 2024 03:16:01 +0000 https://americanconservativemovement.com/target/high-school-principal-seen-giving-and-receiving-a-lap-dance-to-the-schools-mascot/ Footage of a now-suspended high school principal giving and receiving a lap dance to the school’s mascot has gone viral and enraged parents. The Buhach Colony High School in Atwater, California, in the Central Valley, held a back-to-school pep rally on Friday.

However, just three days into the new school year, principal Robert Nunes found himself at the center of a social media storm as parents accused him of being inappropriate at the event.

Parent Ryan Attebery, who has a son and two daughters at the school, shared footage from the rally on Facebook which has since gone viral.

“Am I a square or was this weird af for a principal to do?” Attebery wrote in the caption.

The accompanying video saw the school’s mascot Thor take off the principal’s hat and throw it away – before twerking in front of him as students cheered.

Nunes leaned back in the office chair, exposing his bare stomach with his half-buttoned shirt. […]

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The Most Honest and Accurate 2-Seconds of Kamala Harris’s Career https://americanconservativemovement.com/the-most-honest-and-accurate-2-seconds-of-kamala-harriss-career/ https://americanconservativemovement.com/the-most-honest-and-accurate-2-seconds-of-kamala-harriss-career/#respond Sat, 17 Aug 2024 22:02:24 +0000 https://americanconservativemovement.com/?p=210506 There is a tremendous fallacy circulating among many Americans in general and the vast majority of conservatives in particular. There’s a belief that Bidenomics is not working, which is supposedly self-evident when we look around at the financial carnage ubiquitous in this nation.

The reality is that Bidenomics is working exactly as it was intended to work. Like Kamala Harris said, “Bidenomics is working!”

It’s challenging to suspend disbelief in this notion because no matter how badly Joe Biden, Kamala Harris, and the regime operates, most Americans work under the assumption that they’re not trying to tank the economy. It’s easier to blame incompetence, wokeness, and poor fiscal policies than to assume a darker intention. But the intention of tanking the economy comes from a false but persistent ideology that the regime won’t say out loud. They want to replace the system with Modern Monetary Theory and to do that requires everything that’s happening right now.

In other words, they think they’re doing “good” by destroying what we know to be a strong and vibrant American form of capitalism. This is how we know their intentions. If they openly discussed installing Modern Monetary Theory in America, their actions would be exactly what they are today.

MMT requires high unemployment, inflation, and a massive population surge from external sources. Does any of that sound familiar? As much as I loathe Wikipedia, their initial overview of Modern Monetary Theory is actually quite accurate:

Modern monetary theory or modern money theory (MMT) is a heterodox macroeconomic theory that describes currency as a public monopoly and unemployment as evidence that a currency monopolist is overly restricting the supply of the financial assets needed to pay taxes and satisfy savings desires.

According to MMT, governments do not need to worry about accumulating debt since they can pay interest by printing money. MMT argues that the primary risk once the economy reaches full employment is inflation, which acts as the only constraint on spending. MMT also argues that inflation can be controlled by increasing taxes on everyone, to reduce the spending capacity of the private sector.

MMT is opposed to the mainstream understanding of macroeconomic theory and has been criticized heavily by many mainstream economists. MMT is also strongly opposed by members of the Austrian school of economics, with Murray Rothbard stating that MMT practices are equivalent to “counterfeiting” and that government control of the money supply will inevitably lead to hyperinflation.

We know two things for sure. First, the Biden-Harris regime is working behind the scenes to lay the foundation for a near future iteration of Modern Monetary Theory. The reason we know this is ironic because it appears to have been an unintentional admission by the Chair of the White House Council of Economic Advisors, Jared Bernstein.

According to Fox News back in May:

A viral video of President Joe Biden’s chief economic adviser, Jared Bernstein, appearing to struggle to explain how monetary policy works has raised new questions about the administration’s handling of the economy.

Bernstein, who chairs the White House Council of Economic Advisers, was interviewed for a new film called, “Finding the Money,” a documentary made by advocates of Modern Monetary Theory (MMT) – a controversial line of economic thought. One of MMT’s central tenets is that government budget deficits don’t matter for countries like the U.S. that borrow money in their own currencies. Proponents argue this means the government should use tax and spending policies to manage the economy and address inflation instead of the central bank’s monetary policies.

“The U.S. government can’t go bankrupt, because we can print our own money,” Bernstein says in the video. He was then asked by the interviewer, “Like you said, they print the dollar, so why does the government even borrow?”

Bernstein’s reply seems to indicate uncertainty – at best – about monetary policy.

“Again, some of this stuff gets – some of the language and concepts are just confusing. The government definitely prints money, and it definitely lends that money by selling bonds. Is that what they do? They sell bonds, yeah, they sell bonds. Right? Since they sell bonds, and people buy the bonds, and lend them the money,” Bernstein replied.

If reading that makes you think he sounds like an idiot, watching it is even more disturbing.

The other thing we know for sure is that many Democrats have been pushing for the foundation of MMT to be built for years. If you don’t recall hearing many of them mention Modern Monetary Theory, it’s because they’ve been using a different name: The Green New Deal.

As Alexandria Ocasio-Cortez’s former Chief of Staff Saikat Chakrabarti famously noted, the Green New Deal wasn’t about the environment. It was about economic change. He would know. He’s the primary architect of the legislative abomination.

The Daily Caller noted his comments from 2019:

“The interesting thing about the Green New Deal, is it wasn’t originally a climate thing at all,” Chakrabarti said to Inslee’s climate director, Sam Ricketts.

“Do you guys think of it as a climate thing?” Because we really think of it as a how-do-you-change-the-entire-economy thing,” Chakrabarti added.

So when Kamala Harris says Bidenomics is working, she’s not misspeaking. She’s not delusional. Bidenomics is working exactly as it was always intended to work, as is the entirety of the Biden-Harris regime. We have to stop assuming they’re just idiots and realize that to be that stupid requires intent.

If you take a test with 100 multiple-choice questions, one can expect to get around a quarter of them right if they just answer “C” on every question. That’s based on ignorance and incompetence. To get EVERY question wrong means they know the right answer and they’re willfully picking the wrong one. That’s insidious intent and that’s exactly what we’re seeing from the Biden-Harris regime. They’re getting literally everything “wrong.”

The regime has acted to raise crime, inflation, and the illegal alien population. They have acted to reduce security, access, and freedom. These are all extremely important precursors to an economic collapse that would allow them to usher in Modern Monetary Theory as the “solution.”

In fact, it would be the only possible “solution” once the debt reaches a point of no return, which many believe has already happened.

Over the remaining months of the election I am going to be working to educate as many as possible about MMT, economic collapse, and Bidenomics. If, God forbid, Harris is able to steal the 2024 election, then I will shift focus to educating how we fight back before it’s too late. All of this will be done through my revived project, the Economic Collapse Newsletter on Substack.

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They Never Learn: Chinese Scientists Create Mutant Ebola Virus https://americanconservativemovement.com/they-never-learn-chinese-scientists-create-mutant-ebola-virus/ https://americanconservativemovement.com/they-never-learn-chinese-scientists-create-mutant-ebola-virus/#comments Sat, 17 Aug 2024 08:19:52 +0000 https://americanconservativemovement.com/?p=210498 (Natural News)—Chinese scientists have engineered a pathogen with parts of the Ebola virus in a laboratory, ostensibly to better study the eponymous disease it causes – but conveniently forgetting the lessons of the Wuhan coronavirus (COVID-19) pandemic.

Big League Politics reported, citing the Daily Mail, that researchers at Hebei Medical University were responsible for this dangerous endeavor. The scientists “utilized a contagious disease of livestock and added a protein found in Ebola, which allows the pathogen to infect cells and spread throughout the human body.” This oddly mirrored the gain-of-function research done with bat coronaviruses at the Wuhan Institute of Virology (WIV), which later gave rise to COVID-19.

The resulting pathogen was then injected into hamsters, who died within two to three days. Predictably, those given the lethal virus “developed severe systemic diseases similar to those observed in human Ebola patients – including multi-organ failure” as per the study published in the journal Virologica Sinica. “One particularly horrific symptom saw the infected hamsters develop secretions in their eyes, which impaired their vision and scabbed over the surface of the eyeballs.”

“The study suggested that infected hamsters could be a decent model for studying the spread and treatment of Ebola in the future,” the Mail pointed out. “But lab leaks happen, and these incidents could lead to the spread of [the modified pathogen] to those outside of the lab.

Ebola needs to be handled in Biosafety Level 4 (BSL-4) facilities which are special high security laboratories, while many are only BSL-2. The WIV is one example of a BSL-4 facility, but SARS-CoV-2 – a product of gain-of-function research – managed to escape its confines.

“Apparently, the lessons of the COVID-19 pandemic haven’t been learned. Dangerous biolab experiments continue – humanity be damned,” Big League Politics said.

China making the next BIOWEAPON against humanity

The Mail continued that the researchers harvested organs from the dead animals. They found that the virus accumulated in the heart, liver, spleen, lung, kidney, stomach, intestines and brain tissues. The highest viral load was found in the liver, while the lowest was in the brain.

Given the stringent BSL-2 security requirement for Ebola, the scientists used the vesicular stomatitis virus (VSV) for their experiment. They engineered VSV, which mainly infects livestock, to carry a part of the Ebola virus called glycoprotein (GP). The GP plays a crucial role in helping the virus enter and infect host cells. (Related: HUMAN LAB RATS: Getting “vaccinated” for monkeypox automatically enrolls you in WHO data collection “clinical trial.”)

According to Big League Politics, Ebola ravaged parts of Africa 10 years ago. The National Library of Medicine defines Ebola virus disease, formerly called Ebola hemorrhagic fever, as an “iconic hemorrhagic fever.”

More common symptoms of the disease are non-specific such as fever, malaise, headache, diarrhea or vomiting. Ebola virus disease can quickly progress to multiple organ failure leading to shock, followed by death. The case fatality rate ranges from between 25 and 90 percent, with the average rate about 50 percent.

“Experts have confirmed that respiratory viruses – which are spared via coughing and sneezing – are more likely to spread widely through a population,” the British tabloid continued.” Data released this March revealed that lab leak incidents occur every year and include the release of controlled pathogens like tuberculosis and anthrax.

Head over to Infections.news for similar stories. Watch this video about nurses being injected with the experimental Ebola vaccine. This video is from the Preacher channel on Brighteon.com.

More related stories:

Sources include:

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Coming to San Fran? Viral Video Shows ‘Sub-Lethal’ Remote Gun Protecting Commercial Building https://americanconservativemovement.com/coming-to-san-fran-viral-video-shows-sub-lethal-remote-gun-protecting-commercial-building/ https://americanconservativemovement.com/coming-to-san-fran-viral-video-shows-sub-lethal-remote-gun-protecting-commercial-building/#respond Fri, 16 Aug 2024 11:21:19 +0000 https://americanconservativemovement.com/?p=210485 (Zero Hedge)—South Africa ranks third in Africa on the Global Organized Crime Index. Johannesburg, Cape Town, and Durban are among the most dangerous cities in the country, suffering from high levels of violent crime, carjackings, robberies, and murders.

Given the South African government’s inability to protect individuals and businesses from the chaos, one South African company has developed a non-lethal remote control gun mounted on light poles that shoots intruders.

Johannesburg-based Sublethal developed the non-lethal remote-control gun that fires standard .68 caliber paintballs with solid nylon bullets or pepper balls.

“This weapon is frequently used in security in South Africa and internationally where non-lethal force should be used,” Sublethal wrote on its website.

A video of the weapon in use in South Africa has gone viral on X in the past day, garnering more than 5 million views.

Sublethal noted, “The remote gun will not autonomously shoot anyone. The gun is controlled either from a control center or from the user’s cellphone. Either way, there is a human who decides when to shoot.”

It’s only a matter of time before this non-lethal remote-control gun, mounted on light poles, finds its way into commercial yards across the US, given the Democrats’ inability to uphold common sense law and order.

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Ex-GOP Advisor Warns Republicans Down-Ballot Could Shrink ‘Dramatically’ If Harris Wins Key Swing States https://americanconservativemovement.com/ex-gop-advisor-warns-republicans-down-ballot-could-shrink-dramatically-if-harris-wins-key-swing-states/ https://americanconservativemovement.com/ex-gop-advisor-warns-republicans-down-ballot-could-shrink-dramatically-if-harris-wins-key-swing-states/#respond Thu, 15 Aug 2024 10:35:58 +0000 https://noqreport.com/target/ex-gop-advisor-warns-republicans-down-ballot-could-shrink-dramatically-if-harris-wins-key-swing-states/ Former Republican advisor Matt Gorman warned Wednesday on NBC News that the GOP’s wins in down-ballot races could shrink “dramatically” if Vice President Kamala Harris were to win in key swing states.

During a panel with NBC host Kristen Welker, Gorman discussed Harris pulling ahead of Trump in key swing states that are crucial for the former president to win a second term. After seeing a map showing Harris leading Trump in five of seven swing states, Gorman advised Republicans to focus on “getting her and the campaign back on its heels,” because a poor showing in swing states could hurt Republicans down-ballot.

“It’s stunning to see all of these battleground states now in the blue. Clearly, within the margin of error. I mean, these are toss-up states, but the momentum had shifted so dramatically,” Welker said.

“It really has, and look, I think this is why I would caution too, as Republicans, it’s not just about an interview. Because eventually she will do one and then all of a sudden the media [will be] like, ‘Okay, thank you, and we’re good.’ It kind of takes away the talking point. The key has to be getting her and the campaign back on its heels a little bit. Where at least, historically, she’s proven less adept in these kind of scenarios where she can control every variable,” Gorman said. “Also, what that also means is down-ballot the Senate map shrinks dramatically, the House race map shrinks dramatically. You talk about abortion in the last block, the ballot measure in New York. That’s not about, you know, really abortion access — New York is fine in that regard. That’s the trying to take five or so House seats off the board through turnout.”

[…]

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‘Really Gets to Me’: James Carville Melts Down as He Says Trump ‘Has Nothing’ but ‘Racism’ and ‘Misogyny’ https://americanconservativemovement.com/really-gets-to-me-james-carville-melts-down-as-he-says-trump-has-nothing-but-racism-and-misogyny/ https://americanconservativemovement.com/really-gets-to-me-james-carville-melts-down-as-he-says-trump-has-nothing-but-racism-and-misogyny/#respond Thu, 15 Aug 2024 08:25:33 +0000 https://noqreport.com/target/really-gets-to-me-james-carville-melts-down-as-he-says-trump-has-nothing-but-racism-and-misogyny/ Democratic strategist James Carville became incensed on Wednesday while he discussed former President Donald Trump’s rhetoric.

Carville, on “James Carville Explains,” said it irritates him how political strategists suggest Trump can change his message because he believes all the former president and Republicans have to offer is bigotry. For instance, pollster Frank Luntz said on Monday that Trump is beating Vice President Kamala Harris on the top issues for Americans, but he must modify his “angry” communication style to defeat her. (RELATED: Over Three-Fifths Of Americans Believe Kamala Harris Covered Up Biden’s Health Issues, Polls Find)

“What really gets to me, you hear this all the time, you know, ‘Trump doesn’t understand … if he just moderated … and wouldn’t say this crazy stuff,’ you don’t understand. That’s his appeal,” Carville said. “Without the racism and the misogyny, he has nothing! And he knows that. And he’s not going to listen to the campaign advisors that tell him to act sane or act normal or talk about pivoting to the middle, to talk about talking about the issues, because that’s not what the Republican Party is.”

[…]

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‘It’s Crazy to Watch’: Joe Rogan Warns Harris Could Ride ‘Gaslighting’ Wave to Election Victory https://americanconservativemovement.com/its-crazy-to-watch-joe-rogan-warns-harris-could-ride-gaslighting-wave-to-election-victory/ https://americanconservativemovement.com/its-crazy-to-watch-joe-rogan-warns-harris-could-ride-gaslighting-wave-to-election-victory/#respond Thu, 15 Aug 2024 07:08:09 +0000 https://noqreport.com/target/its-crazy-to-watch-joe-rogan-warns-harris-could-ride-gaslighting-wave-to-election-victory/ Popular podcast host Joe Rogan warned on Wednesday that Vice President Kamala Harris could ride a “gaslighting” wave to victory in the upcoming election.

During a three-hour episode of “The Joe Rogan Experience,” comedian Adam Ray joined Rogan to discuss Harris’ standing in the race against former President Donald Trump. Rogan criticized the legacy media for turning on Trump after he entered the 2016 race and suggested that Harris could benefit from media spin favoring her campaign.

“The 180 that the media has taken on him since he decided to be president. When you see the machine go after a guy. We’ve never seen the machine go after someone as boldfaced. You know the prosecutions, the Russia gate stuff on television every night, all of it. And then to see just a few years ago they loved him. He was like — he was a Democrat I think until like 2000 and something, 2008 maybe something crazy like that,” Rogan said.

The podcast host continued to discuss how Trump claimed former Democratic Speaker of the California State Assembly Willie Brown had rode with him in a helicopter in the 1990s that had to make an emergency landing.

“I think that was like a mistake he made and then people are like, ‘He’s old, she’s young’ like you fucking seen her mistakes? This is crazy. The gaslighting is nuts. It’s the same gaslighting they did to turn Trump into a monster, now they’re doing that same gaslighting to turn her into our future, our hope — and it’s working. It’s crazy to watch,” Rogan said. […]

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Burger King Is Being Crushed by the Retail Apocalypse as Stores Continue to Disappear https://americanconservativemovement.com/burger-king-is-being-crushed-by-the-retail-apocalypse-as-stores-continue-to-disappear/ https://americanconservativemovement.com/burger-king-is-being-crushed-by-the-retail-apocalypse-as-stores-continue-to-disappear/#respond Fri, 11 Aug 2023 03:06:34 +0000 https://americanconservativemovement.com/?p=195662 Burger King may be one of the most famous fast food chains in the world, but not even its global popularity and vast store count have protected it from facing some alarming financial issues in the past few years.

In the United States, more Burger King restaurants continue to disappear, with closings in July hitting the highest level since January when 124 locations were shuttered in only 26 days. While its main competitors reveal expansion plans and report profit growth, the financial situation of the royal burger chain can only be described as a train wreck.

The company is failing to attract new customers, catch up with its rivals, and dig itself out of the hole it has fallen into during the pandemic. At this point, everyone in the industry is asking where did Burger King go wrong. Luckily for us, newly reported data show exactly why the fast food giant is facing one of the worst losing streaks since its foundation in 1954.

As other fast-food chains started to get back to pre-pandemic levels, Burger King’s sales and traffic fell steeply, and its financial results continued to disappoint. Over the past two years, sales at Wendy’s jumped 18% while McDonald’s saw sales grow by 25%. In contrast, at Burger King, sales went up by a meager 8%.

During a second-quarter earnings call, Josh Kobza, CEO of the chain’s parent company Restaurant Brands International, said that one of the reasons why Burger King is still struggling comes down to new guest visits. Kobza revealed that foot traffic in the first two quarters of 2023 was negative, and most of the earnings growth experienced by the company was fueled by higher menu prices, not by new customers.

Meanwhile, retail experts point to its ongoing woes with the health and profitability of its franchisees as the biggest issue facing Burger King. In a single year, the four biggest fast-food operators in America, including TOMS King Holdings and Meridian Restaurant Unlimited, whose portfolio was mainly composed of Burger King stores, have filed for bankruptcy citing declines in foot traffic and revenue, as well as ‘systemic’ profitability issues.

After shuttering 53 locations in June, 133 restaurants closed doors for good in July, the highest number in seven months. So far, the burger chain has permanently halted operations in 450 locations, 50 more than its initial target.

The vast majority of restaurants have been forced to increase prices to compensate for higher inflation, But Burger King has taken price increases to a whole other level. In a survey conducted by MoneyGeek of 145 chains in 50 cities, the price for a burger, fries, and a soft drink rose 9% on average in the past year. From 2022 to 2023, the price for a meal at the chain rose 21%, from $6.76 to $8.18.

A few months ago, its parent company, Restaurant Brands International, made a strategic hire that laid bare exactly how nervous executives and shareholders were about its economic prospects. Patrick Doyle was formerly the CEO of Domino’s and he is commended by the chain’s drastic turnaround.

Doyle announced plans to “put the heat back into the brand” with a $400 million initiative called “Reclaim the Flame.” Burger King is going to spend $150 million in advertising and digital investments and $250 million in a “Royal Reset” involving new restaurant technology, equipment, and infrastructure. In other words, executives are admitting that the chain is in desperate need of restructuring on every front, from its products to its brick-and-mortar locations.

Hopefully, this initiative shows satisfactory results soon, because up until this point in 2023, Burger King is just getting burned.

Article and video cross-posted from Epic Economist.

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