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Chairman’s Corner

As we navigate the complexities of the financial world, this space will serve as our platform to share insights, discuss trends, and explore the policies shaping our economic landscape.

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Assessing Bidenomics track record

  • April 13, 2024

Dollar stores are the perfect place for average Americans to understand how Bidenomics has failed easily. A 99-cent item in December 2020, Donald Trump’s last full month in office, now sells for $1.49. You don’t have to be a mathematician or economist to calculate that after three-and-a-half years of Joe “Big Guy” Biden’s ruinous economic policies, that is a whopping 50 percent increase!

Ah, but aren’t government agencies reporting a consumer price index of around 3.2 percent? They can announce whatever they want, but those who do the weekly shopping know those numbers aren’t accurate.

High rents and theft are a key reason many dollar stores are closing in medium and large cities. Who knows how long the other dollar chains will last? Family Dollar, whose parent is Chesapeake, Virginia-based Dollar Tree, Inc., announced it will close 600 Family Dollar and Dollar Tree stores.

The Dollar Tree empire employs nearly 212,000 employees (retail staff, distribution center, and store support). How many will be affected by the announced Family Dollar and Dollar Tree closures?

The death of the “99” and other dollar stores can be added to Joe “Big Guy” Biden’s growing list of “accomplishments”:

* Concern for Ukraine’s borders, not America’s borders.
* Rampant violent crimes (many committed by illegal aliens) that injure or kill innocent Americans.
* A “defund the police” mentality that is reducing police forces in major cities.
* Giving squatters more rights than homeowners.
* Incentivizing an illegal alien invasion using an array of freebies.
* Allowing fentanyl, other toxic drugs, and human trafficking to come through the porous border.
* Sky-high inflation (20+ percent last three years).
* Multiple international fiascos: disastrous Afghanistan withdrawal, Russia invading Ukraine, and Hamas attacking Israel.
* Making enemy nations Iran and China rich.
* Record-breaking high gas prices.
* Destroying America’s energy independence.
* Pushing electric vehicles when the infrastructure cannot support them.
* Promoting failed solar panels and wind farms that kill animals and can’t provide the promised energy.
* Ignoring SCOTUS decisions (i.e., paying off student debt).
* Embracing the mentally ill trans agenda.
* Engaging in lawfare against members of the opposing political party.
* Giving us a two-tiered justice system.

That’s just a few of Joe Biden’s Democrat “successes.” Dollar store closings are number 99 on the list.

What do you say?

Come to the Financial Policy Council https://lnkd.in/eZU2UgYd, be a part of decisions that will shape the country’s future & share your thoughts.

#Bidenomics

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