Wednesday, March 20, 2024

BIDENOMICS - MASS LAYOFFS WITH 15 MILLION ILLEGALS SCATTERED OVER THE COUNTRY TO JOIN THE OTHER 40 MILLION ALREADY HERE - Amid mass layoffs across the US, Dollar Tree announces nearly 1,000 Family Dollar store closures

HOW MANY TENS OF MILLIONS OF DEM VOTING ILLEGALS WILL IT TAKE TO FINISH OFF AMERICA??? REALITY: JOE IS DESTROYING THE ECONOMY (EXCEPT AS IT SERVES THE RICH) AS FAST AS HE DESTROYED THE BORDER.


CUT AND PASTE YOUTUBE LINKS


IT’S NOT A SECRET THAT ALL RICH PEOPLE WANT THE BORDES OPEN TO KEEP WAGES DEPRESSED AND MOST BILLIONAIRES ARE DEMS FOR OPEN BORDERS. GOOGLE IT!

THE GOAL OF THE GLOBALIST DEMOCRAT PARTY IS TO CREATE AN OPEN BORDERS SERF CLASS TO SERVE THE RICH. MIDDLE AMERICA WILL COVER THE TRUE COST OF ALL THIS ‘CHEAP’ LABOR WITH TAXES TO PAY FOR ANCHOR BABY BREEDERS FOR 18 YEARS OF WELFARE, ‘FREE’ HEALTHCARE, SUBSIDIZED NEAR FREE HOUSING, MASSIVE TAX FREE UNDERGROUND ECONOMY, AND CRIME TIDAL WAVE. 

ONE OF AMERICA’S BIGGEST IMPORTS FROM MEXICO IS THEIR CRIMINAL CLASS.

Wealth Inequality in America Has Never Been Worse. The Middle Class Has Disappeared

https://www.youtube.com/watch?v=EdqxBNgnmxU


WAGES DOWN, ILLEGALS GET THE JOBS TO KEEP WAGES DEPRESSED

Drowning in Debt: The Untold Story of America's Credit Card Nightmare

https://www.youtube.com/watch?v=E8n9JnMLy-g




FACED WITH FORECLOSURE 




THEIR CORRUPTION AND RIGGING OF AMERICA FOR THE 1% IS MUCH WORSE THAN WE THOUGHT.



Poll: Majority of Voters Are ‘Struggling’ Under Joe Biden’s Inflation

Biden White House
iStock/Getty Images; Brennan Linsley/AP Photo; BNN

A majority of voters are “struggling” under President Joe Biden’s soaring inflation, a McLaughlin and Associates poll found Monday.

As citizens suffer from prices about 20 percent higher across the board since Biden assumed office, more than three-quarters of Americans said Biden’s economic plan negatively impacts them.

  • Impacted (overall): 83 percent
  • Struggling: 50 percent
  • Small impact: 33 percent
  • No change: 17 percent

Just 63 percent of respondents said Biden’s economy is getting worse, while 31 percent said it is getting better.

When Biden assumed office, only 45 percent said the economy was getting worse, 18 points fewer than in March 2024.

The poll also found that Biden’s struggling economy is the number one issue for voters:

  • Economic issues: 42 percent
  • Social issues: 24 percent
  • Security issues: 23 percent

The poll marked Biden’s approval rating at 42 percent, well below the 50 percent historic threshold of presidents who win reelection.

The poll sampled 1,000 likely general election voters from March 9-14, 2024. The poll provided no margin of error.

More about Biden’s economy is here.

Wendell Husebo is a political reporter with Breitbart News and a former GOP War Room Analyst. He is the author of Politics of Slave Morality. Follow Wendell on “X” @WendellHusebø or on Truth Social @WendellHusebo.

Bidenomics: Rising Gas Prices Are 45% Pricier Under Joe Biden

A gas pump displays current fuel prices, along with a sticker of US President Joe Biden, a
SAUL LOEB/AFP via Getty

American drivers pay 45 percent more to fuel their daily commutes since President Joe Biden ascended to the White House, AAA data shows.

The national average gas price on Monday was $3.46 per gallon, according to AAA, up about 20 cents from last month.

When Biden assumed office, the national average was $2.38 per gallon, more than a dollar less than the current price. That is about a 45 percent increase since former President Donald Trump left office.

Gas prices are high by historical standards — and not just compared with the very low gas prices seen during the pandemic lockdowns, when the weekly national average gas price fell below $1.80. In 2018, gasoline averaged around $2.72 per gallon. The following year, the average was $2.60.

Gas prices remain high and could go higher due to industry and political factors. Biden’s economic war on American energy independence during instability in the Middle East and in Ukraine are significant factors.

GasBuddy’s Patrick De Haan said the increased price of gas is attributed to seasonal demand. But consumers say the prices are not easy to accept.

“I need to fill up … yeah, I’m kind of getting used to it though,” Jessica Martinez, told NBC 7’s in Mission Valley, California.

“Am I filling it up? No, I’m not filling it up all the way,” said Galina Betker, who drives to visit her family every weekend. “It is a new expense, honestly.”

In Central Florida, prices surged last week to set a new high for 2024. “The jump at the pump may not be over yet,” AAA spokesman Mark Jenkins said. “Drivers may be in line for another round of rising prices, after gasoline and crude oil futures rose to new 2024 highs last week.”

According to AAA, the top ten states with the largest increased gas prices are:

  • Texas (+10 cents), Alaska (+10 cents), Oregon (+9 cents), Washington, D.C. (+9 cents), Utah (+8 cents), New Mexico (+8 cents), Washington (+8 cents), Montana (+7 cents), Arizona (+6 cents) and Idaho (+5 cents).

The nation’s most expensive markets to fill a tank of gas are:

  • California ($4.87), Hawaii ($4.71), Washington ($4.24), Nevada ($4.14), Oregon ($3.98), Alaska ($3.76), Illinois ($3.70), Arizona ($3.64), Washington, D.C. ($3.57) and Pennsylvania ($3.50).

Wendell Husebo is a political reporter with Breitbart News and a former GOP War Room Analyst. He is the author of Politics of Slave Morality. Follow Wendell on “X” @WendellHusebø or on Truth Social @WendellHusebo.


Amid mass layoffs across the US, Dollar Tree announces nearly 1,000 Family Dollar store closures

Discount retail giant Dollar Tree announced Wednesday that it will shutter nearly 970 of its Family Dollar stores across the United States and Canada, as well as 30 Dollar Tree locations, leaving thousands out of work, following what the company calls “years of mismanagement” and “declining profitability” of its stores. 

A Family Dollar store in Ridgeland, Mississippi [AP Photo/Rogelio V. Solis]

Many of the stores to be closed are located in rural areas and impoverished towns and cities. The Family Dollar chain has 8,000 stores in the US and Canada and is owned by Dollar Tree, one of the largest discount chains of its kind. In many areas of the country, a Family Dollar store represents the only option for groceries and other goods, with larger supermarkets several hours’ driving away.

Announcing the closures in a press release, Dollar Tree stated, “As a result of this review, we plan on closing approximately 600 Family Dollar stores in the first half of fiscal 2024. Additionally, approximately 370 Family Dollar and 30 Dollar Tree stores will close over the next several years at the end of each store’s current lease term.”

Family Dollar has lost ground to rival retailer Dollar General, whose prices are 10 to 15 percent lower. Following the COVID-19 pandemic, many youth and workers that form the majority of Family Dollar’s shoppers have been impacted by record-high inflation, which has seen prices for housing, food, gasoline, and other living costs skyrocket, resulting in a decline in spending. 

Higher prices, taken together with jobs paying lower wages that have not kept pace with inflation, have left many youth and workers struggling to survive, leaving many to choose between forgoing payment of one necessary bill to pay another. Workers’ livelihoods have been further stressed by the Federal Reserve’s high interest rate policy which is aimed at fueling job cuts and suppressing wage growth.

Dollar Tree acquired Family Dollar in 2015, in what then CEO Bob Sasser called a “transformational opportunity,” referring to the potential profits to be amassed by investors.

At the time of the acquisition, Dollar Tree’s executives saw an opportunity to edge out rival discount chain Dollar General, which in 2015 operated more than 12,000 stores, compared to Dollar Tree’s over 13,000 stores. 

The expansion for both retailers over the intervening years has exploded. In 2022, Dollar General operated over 19,000 stores compared to Dollar Tree’s more than 16,000 locations, including its Family Dollar locations.

The acquisition, brokered by Wall Street bank JP Morgan Chase and investment firm Morgan Stanley, saw Dollar Tree’s profits soar from $2.7 billion in 2014 to $5.4 billion in 2015. In 2023, Dollar Tree opened 641 new stores and saw its profits balloon to more than $9.3 billion.

Perhaps not coincidentally, the news of the mass store closings come after Family Dollar was ordered February 27 to pay a $41.6 million fine by US District Court for the Eastern District of Arkansas, for storing food, cosmetics, medicine, and other products in a rat-infested warehouse, leading to scores of temporary closures of stores around the country.

Pleading guilty to one misdemeanor count of debasing FDA-regulated products by holding them in unsanitary conditions, the retail giant confirmed that for a number of years preceding January 2022, the company shipped products to more than 400 stores in the Southeastern US from its filthy Arkansas warehouse. 

Federal investigators found the warehouse contained both live and dead and decaying rodents, as well as rodent feces and urine. The investigators additionally documented several instances of gnawing and nesting across the warehouse.

In spite of this corporate malfeasance, Dollar Tree CEO Rick Dreiling boasted to the media,“While we are still in the early stages of our transformation journey, I am proud of what our team accomplished in 2023 and see a long runway of growth ahead of us. As we look forward in 2024, we are accelerating our multi-price rollout at Dollar Tree and taking decisive action to improve profitability and unlock value at Family Dollar.” 

This week’s announced closures represent the beginning of the end that Dollar Tree intends for Family Dollar, to slowly grind down its troubled subsidiary for as much profit as possible. In this, Dollar Tree is functioning much like a vulture capital firm that preys on a troubled company to bleed it dry of funds, then discarding the carcass.

The mass closures of stores follow a wave of layoffs and closures of other companies across the United States.

UK-based beauty products retailer The Body Shop closed all of its US stores on March 1, as well as 33 of its locations in Canada, after the distressed company collapsed and necessitated administration proceedings in London. The collapse of the company has led to hundreds of workers losing their jobs.

Additionally, Outdoor Voices, an Austin Texas-based athletic apparel retailer, announced the closure of all 16 of its stores located across the US on Sunday, declaring the company was moving its retail business entirely online.  

After expressing shock, workers told media the company suddenly fired them via an internal Slack message. Speaking to USA Today, workers said they were offered no compensation or severance. After the company relented, store managers were offered a $500 bonus to work through the weekend, with one stating, “It’s like a slap in the face.”

Amid the growing wave of store closures are the ongoing mass layoffs across all economic sectors in the US and internationally, constituting nothing less than a jobs massacre conducted by the corporate oligarchy.

In the first weeks of 2024, 25,000 workers in the tech sector were summarily laid off, including workers at Google, Meta, and Amazon. The job cuts followed the devastating loss of 260,000 tech jobs in 2023, the worst mass layoffs since the dotcom bubble burst in the early 2000s.

“Protect and enrich.” This is a perfect encapsulation of the Clinton Foundation  (TWO GAMER LAWYERS - OWNED BY GEORGE SOROS) (WHAT ABOUT THE CHINA BIDEN PENN CENTER?)  and the Obamas (TWO GAMER LAWYERS - OWNED BY GEORGE SOROS) book and television deals. Then there is the Biden family (FOUR GAMER LAWYERS - JOE, HUNTER, JAMES, FRANK - OWNED BY GEORGE SOROS AND LARRY FINK OF BLACKROCK)  corruption, followed closely behind by similar abuses of power and office by the (GAMER LYING LAWYER )Warren  and Sanders families, as Peter Schweizer described in his recent book “Profiles in Corruption.” These names just scratch the surface of government corruption (ADD GAMER LAWYER KAMALA HARRIS (OWNED BY GEORGE SOROS) AND HER LAWYER HUSBAND AND THE BANKSTERS’ RENT BOY, (GAMER LAWYER) CHUCK SCHUMER, OWNED BY LARRY FINK OF BLACKROCK WHO OWNS A BIG PIECE OF THE ‘BIG GUY’ JOE, AND GEORGE SOROS’ RENT BOY (GAMER LAWYER) TONY BLINKEN, AS WELL AS CON MAN (GAMER LAWYER) ADAM SHIFF AND HIS CORRUPTNESS (GAMER LAWYER) BOB MENENDEZ STILL EVADING PRISON, AND NOT BE VERY LEAST, (GAMER LAWYER) ERIC SWALWELL, THE CHINESE SPY AND HO CHASING BRIBES SUCKER.

    BRIAN C JOONDEPH

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