@Typo-MAGAshiv the point Walsh glossed over and you don't seem to fully acknowledge, is that PE'S big picture play isn't to buy, nurture, and run long term, but to buy, strip mine, and Divest the zombie husk.

When they sell the land, they put it in a holding company, pocket most of the sale proceeds, and turn the restaurant company's asset into a permanent expense burden by making it a cash cow for the PE company through the holding company.

They don't "inject cash " but collateralize the land value and short term stock price bumps into debt held by the restaurant entity.

PE doesn't elevate the store level staff pays payscale to attract a better class of workers than the usual demographic of hard partners and illegal immigrants. Keeping that expense line as low as possible is part of the business model. Money concentrates UP, to the top few percent of the overall organization, meaning out of the restaurant entity and into the PE one

For their personal shortcomings, both FOH and BOH restaurant employees work their asses off, with little to no long term job security or wage growth prospects.

@MentORPHEUS

Matt Walsh came off as a partisan hack and corporate apologist and cock gobbler.

Sure, if you're biased.

They buy a company, sell the land under it, lease it back to the company skimming that revenue stream [emphasis added]

Unless they buy that land themselves, then how would they "skim that revenue stream" of having the restaurants lease back what they sold?

The whole point of that is to inject some liquid cash into the company that's failing. Companies have done that themselves without being directed to by outside private equity firms.

Walsh then suggests that immigrants and drug users at the very bottom of the money and power fuckpile are the ACTUAL problem

He says they're part of the problem, and they are. As he correctly points out, the decline in quality isn't all because of any one thing. There are several factors contributing to the suckage, from bad employees to private equity firms being too top-heavy without any actual knowledge about food or other businesses to Sysco controlling too much of the food supply and making it all the same.