When it comes to Bidenomics swinging through the American economy as a wrecking ball, it seems that NOBODY is safe as the Democrat-led economy just keeps taking victim after victim.
The latest company to feel the impact of the socialist policies that Joe Biden and Kamala Harris have brought to America is Walgreens, which has announced it will be closing more than 2,000 stores in the US alone.
Citing out-of-control Bidenflation and customers cutting down on their spending habits, the Walgreens CEO Tim Wentworth revealed that like, basically everyone, they’re getting absolutely CRUSHED under the Biden/Harris regime.
Wentworth said that the company is closing a quarter of its 8,600 stores which would result in about 2,150 stores closing their doors – marking more American jobs destroyed by Bidenomics.
“Changes are imminent,” Wentworth said while suggesting that the number of closures could be even higher than they initially suspect, “There’s not one exact number.”
With high prices and inflation consumers have been “increasingly selective and price sensitive on their selections.” About a month ago, Walgreens was forced to cut prices on 1,300 products which, while good for the American consumer, is a sign that the economy is seriously slowing down.
Other iconic American companies like Family Dollar, Red Lobster, and Express have also recently been smacked around by the Biden/Harris economy and it’s had a major impact on the job market, each time erasing thousands of jobs in one fell swoop – Bidenomics at work.
And it’s certainly not just the corporations that are feeling the pressure here.
Since Joe Biden and Kamala Harris took office, everything has gotten RIDICULOUSLY more expensive. A new report from the American Farm Bureau Federation (AFBF) found that a 10-person cookout that includes items like cheeseburgers, chicken breasts, pork chops, homemade potato salad, strawberries, and ice cream would run up a $71.22 bill.
This is 5% higher than last year and a brutal 30% higher than just five years ago.
Just since Biden’s first year in office, 2021, the cost of this meal has increased from $59.55.
“Your grocery bill may be a shock, but it is in line with the inflation that has roiled the economy — including the farm economy — over the last several years,” wrote AFBF economists Bernt Nelson and Samantha Ayoub.
“Higher prices at the grocery store reflect a number of challenges facing America’s families. Lower availability of some cookout staples and inflation are hitting people in their wallets,” said AFBF Chief Economist Roger Cryan.
But even these numbers appear to be a bit conservative in Biden and Harris’s favor and don’t tell the full picture about how bad inflation has been under this Democrat regime’s economy.
In many cases, Americans have seen their household grocery bill double or triple since Biden took office – that is simply NOT sustainable.
From corporations to average Americans, Bidenomics is crushing us all and with only about a third of Americans being confident in the White House’s ability to fix this economy. It’s pretty clear that Americans know Joe and Kamala are to blame.
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