July 8, 2014, - 5:20 pm
Crumbs Bake Shop, a national chain across 12 states, shuttered all 65 locations, yesterday. And I seem to the the only one saying it, but it’s another indicator of how bad the Obamaconomy is: people can’t afford to throw away money on pricey cupcakes, as they have less money. It’s also a sign that the cupcake trend may finally be ending.
Cupcakes at Crumbs went for as high as $4.50 a pop, and as I’ve noted on this site over the Obama years, families and individuals have less disposable income to spend on stuff like that because things are so bad. They are buying fewer things viewed as unnecessaries–dollar store splurges and toys–and even fewer necessaries, with families purchasing fewer diapers, waiting longer to change those diapers, and a rise in rashes on babies because of it. And don’t forget the rise in Spam sales. Now, there is the Obamaconomy Cupcake indicator. Obama might say, “Let them eat cupcakes.” But fewer can afford to because of him.
The self-appointed economic diagnosticians and business analysts provide many excuses for Crumbs’ demise, from expanding too much too fast to focusing too much on just one item. But Crumbs sold a number of baked goods and it isn’t like bakeries are a thing of the past. Still, what may be a thing of the past–because things are so bad–is the ability to just drop money on things like cupcakes, when a family needs gas money and a way to pay for heat and air conditioning, not to mention food and rent.
And Crumbs was doing well for a while–throughout the Bush years. Founded in 2003, it went public in 2011. But then things went badly quickly with a steep decline in sales only recently. And all while Obama was running the show economically.
Also, cupcakes were very trendy. Yes, they’ve been a part of America’s pastry and cake diet for a while, but never like they were in the last decade or so, after “Sex & the City” and other left-wing pop culture forces pushed them on America. Cupcakes were suddenly everywhere, and cupcake shops sprouted across America. Soon, there were “cupcake pyramids” (or whatever they call them) in place of even wedding cakes, a sign of the declining formality in America as it becomes more liberal. Cupcakes are the casual business attire of cakes.
And sooner or later, everyone gets sick of fads, and even if they don’t disappear entirely, they fade. That is another reason nothing but crumbs is left of Crumbs.
It’s funny: liberals like Sarah Jessica Parker and Darren Star (who created “Sex & the City”) tell you to eat gazillion-calorie frosted cupcakes and drop five bucks on them. Then, the liberals they support and help elect–Michelle Obama–get in your fridge and tell you to stop eating ’em.
Make up your mind, libs.
So, thank liberals for building up cupcakes and thank liberal Obama’s horrible economy for killing them.