Tag Archives: US inflation

Bidenomics in action: Family Dollar to close nearly 1,000 stores

Posted on March 14, 2024 by | 2 comments

Thanks to demorat’s (and RINOs) out-of-control spending, the U.S. Economy is not that great. Inflation remains high as well as interest rates, US credit card debt is at a new high, and unemployment has hit a tw0-year high. In combination with other progressive policies, stores are closing across the country.

You can now add Family Dollar and Dollar Tree stores to the list (via CNN):

“Family Dollar, the struggling discount chain that caters to low-income customers predominantly in cities, said Wednesday it will close nearly 1,000 stores.

“Persistent inflation and reduced government benefits continue to pressure the lower-income consumers that comprise a sizable portion of Family Dollar’s” customer base, CEO Rick Dreiling said Wednesday on a call with analysts.

Family Dollar will close 600 locations this year and 370 stores over the next several years as store leases expire. Family Dollar has around 8,000 US stores. Dollar Tree also said it will close 30 stores as leases expire.

The closures will improve the company’s profitability. But they are likely to leave a void for Americans with already limited shopping choices. Family Dollar stores are often in areas with few supermarkets, big box stores and other retail options.”

Read the whole story here.

Vote wisely in November, folks. Remember:

DCG

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Posted in Democrats, Joe Biden

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Bloomberg: Eat lentils and let your pets die of cancer!

Posted on March 21, 2022 by | 6 comments

From Daily Mail:

“Bloomberg raised eyebrows with an op-ed telling Americans earning less than $300,000 to eat less meat and cut back on chemotherapy for pets to beat spiraling inflation.  

The business news outlet’s tweet that promoted the story also pointed out, ‘nobody said this would be fun,’ with scholar Teresa Ghilarducci’s article offering some very dark advice.  

In the widely-mocked piece, headlined ‘Inflation Stings Most If You Earn Less Than $300k,’ Ghilarducci, a NYC-based labor and retirement expert, suggests switching to vegetables as a way of avoiding inflated meat prices. 

‘Though your palate may not be used to it, tasty meat substitutes include vegetables (where prices are up a little over 4%, or lentils and beans, which are up about 9%),’ she writes. ‘Plan to cut out the middle creature and consume plants directly. It’s a more efficient, healthier and cheaper way to get calories.’

And for new pet owners, Ghilarducci advises ‘to rethink those costly pet medical needs’ by cutting back on cancer treatments for much loved furry-friends. 

‘It may sound harsh,’ she lectured. ‘But researchers actually don’t recommend pet chemotherapy — which can cost up to $10,000 — for ethical reasons.’

Ghilarducci also tells readers to reconsider public transportation to avoid gas prices, pointing out that public transportation prices are only up 8% compared to 38% for gas.”

This list of how you can lower your standard of living goes on here.

How about switching to policies that avoid America becoming the next Venezuela?

DCG

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Posted in clueless, Joe Biden, The Left

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