Monday, March 18, 2024

THE LOOMING BIDEN DEPRESSION - Fast Food and Retail APOCALYPSE! Stores CLOSING BY THE HUNDREDS!

CUT AND PASTE YOUTUBE LINKS


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.



Report: Laid-off Hollywood Executives Panic as Jobs Vanish — ‘This Is a Full-Scale Depression’

Middle aged businessman looking out a bright office window and thinking in city of LA
Getty Images

Hollywood suits who have been laid off amid the recent rounds of studio budget cuts are worried that they are facing the prospect of long-term unemployment as the industry and overall economy show few signs of rebounding, according to a new report.

“This is a full-scale depression for the entertainment industry,” one TV executive told Deadline.

The situation is “bordering on worst-case scenario,” another executive said.

Hollywood executives have been hit hard in the past year as the major studios enacted deep budget cuts amid a perfect storm of economic chaos that includes Americans continuing to cancel their cable TV subscriptions, the steep downturn in TV advertising, and streaming losses in the billions of dollars.

In addition, the industry is still recovering from last year’s strikes by Hollywood writers and actors.

Studios that have slashed their headcount in recent months include the Walt Disney CompanyParamountWarner Bros. Discovery, and Amazon MGM.

Laid-off Hollywood executives are using LinkedIn to bemoan their predicament, according to Deadline.

Some said they have sent hundreds of job applications and never got a response to the majority of them, not even from corporate HR. Meanwhile, some have been looking  for more than a year while trying to make ends meet through consulting and part-time work.

The lack of jobs is reportedly pushing down salaries in Hollywood.

“With fewer jobs and more demand, the companies can get away with that. An executive who made $500,000 in their last job would now be willing to take a $350,000 offer. That’s what the contraction is doing,” an executive told Deadline.

Follow David Ng on Twitter @HeyItsDavidNg. Have a tip? Contact me at dng@breitbart.com

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.

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