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CBS’s Red Lobster Story Buries Inflation Despite Being About Inflation
The story of Red Lobster’s bankruptcy, as reported by CBS, is ultimately about inflation. But that lede gets buried a minute into the report, in the hopes that the viewer won’t notice at all. Watch the blink-and-you’ll miss it reference to inflation, which came a full minute into the report: NIKKI BATISTE: In its bankruptcy filing, Red Lobster blamed failed or ill-advised strategic initiatives and increased competition within the restaurant industry. Red lobster's downfall comes at a time...