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De Omnibus Dubitandum - Lux Veritas

Friday, August 2, 2024

The Biden/Harris Economy Creates Jobs. For Senior Citizens!

By Robin Itzler

Editor's Note:  This is one of the commentaries selected from Robin's weekly newsletter Patriot Neighbors. Any cartoons appearing will have been added by me.  If you wish to get the full edition,   E-mail her at PatriotNeighbors@yahoo.com to get on her list, it's free.  RK

Many seniors on fixed incomes are struggling due to the Biden/Harris administration. Index Flex reports that one out of three current retirees in America are considering going back to work. Many seniors have already taken part-time jobs. These older Americans worry each week about having the money to pay for food, clothing and shelter. All this while the Biden/Harris administration has allowed more than 10 MILLION ILLEGAL ALIENS to enter our country and receive free government handouts such as FREE housing, FREE medical, FREE education, FREE food, etc!

F&G Annuities & Life conducted a survey and found that 68 percent of pre-retirees (those older than 50) are considering delaying their retirement. That is up from 64 percent in 2023. Of those who are already retired, 33 percent are considering returning to the workforce. This is called “unretiring.”

Many part-time jobs are usually found in retail. Big box stores will be hiring but smaller stores will be closing their doors. RetailWire predicts massive closings:

Over the next five years, as many as 45,000 retail stores in the U.S. could close, according to UBS analysts. This wave of closures will primarily affect smaller businesses, even as major retailers such as Walmart, Costco, Target, and Home Depot continue to expand.  This would be devastating for the U.S. economy since small- to medium-sized businesses are the backbone of our economy. Let’s look at some other recent Biden/Harris “success” stories:

  • Big Lots (retail) – The company, which operates 1,300+ stores in 48 states, announced in its SEC filing that it will be closing 40 stores and might declare bankruptcy.
  • Bob’s Stores (retail) – With 21 locations throughout Connecticut, Massachusetts, New Hampshire, New Jersey, New York and Rhode Island, the 70-year-old chain will be closing its doors for good on July 14. The chain sells footwear, workwear, teamwear and everyday clothing” for families. One New York location just opened its doors in December 2023. CVS Health (pharmacy) – Plans to close 300 locations this year.
  • Dollar Tree (retail) – In March, the low-price chain announced during the first half of 2024 it would close about 600 Family Dollar stores across the United States. It also stated that 370 Family Dollar and 30 Dollar Tree locations will close over the next several years.
  • Macy’s (retail) – In February, announced plans to close 150 “under-productive” stores in the United States. Fifty stores will close before the year is over and the rest over the next two years.
  • Mailchimp (marketing automation) – Has laid off 1,800 employees to consolidate tech jobs in Atlanta and other cities. Rite-Aid Pharmacy (pharmacy) – Will close 77 stores this year.
  • Salesforce (cloud software) – Has cut about 300 positions as part of a broader effort to streamline operations. 
If you liked the Biden/Harris administration, you'd love the Harris administration, the daughter of a Marxist professor.

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