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December 29, 2024
Media Lies About Bidenomics Exposed Brutally By Reality: Thousands Of Retail Closures, Continued Rising Prices, Drug Shortages, Food Confiscation Now Underway, And Unemployment Benefit Claims Are At Highest Levels In Three Years
The media spent almost four years telling Americans that Bidenomics was good for the U.S. economy, citing so-called "experts," claiming that all indicators showed a thriving economy.
In the meantime, Americans were looking at their bank accounts, wallets, increases in utility bills and the extreme high price of food.
Media personalities like former CNN host Don Lemon, had the nerve to look straight in the face of someone he was asking about the economy and tell the man he wasn't misinformed, about his own finances.
"Four years ago it was a lot better. I made a lot more money than I do now," the man said.
Incredibly, rather than try to understand the man's perspective, Lemon argued with him.
"I know you feel that way, but that's not actually what the record shows," Lemon said. "The economy is actually better under Biden."
That prompted a hearty laugh from the interviewee.
That quoted portion of the interview starts at about the 1:29 minute mark in the video below.
The true state of the economy can be seen in business closures and store closures all around the nation, which some have dubbed the "retail apocalypse." With each closure, whether an entire chain of a company, or just dozens to hundreds of stores, comes the unemployment of all the employees that worked for said company.
In data from Foresight presented by Newsweek "U.S. retailers have projected over 7,100 store closures by the end of November 2024, marking a 69 percent increase compared to the same period in 2023."
Visuals always tell us far more than thousands of words can so here is the graph used in that article.
Some of these closures are due to bankruptcy and liquidation, such as Big Lots, Rue21, and Rite Aid, while others are enacting longstanding plans to reduce their physical footprint, such as CVS Health, which announced in 2021 that it would close nearly 900 stores between 2022 and 2024.
Those are the ones that closed the most stores, but the full list of retailers that have closed stores, is a good indicator of how massive this issue has become in 2024, especially since there were thousands of closures in 2023 as well.
Family Dollar
CVS Health
Big Lots
Conn's
Rue21
7-Eleven
Rite Aid
99 Cents Only Stores
American Freight
Walgreens
DK
LL Flooring
Footlocker
Express
Alimentation Couche-Tard
Dollar General
Macy's
The Body Shop
Save A Lot
Bath & Body Works
Dollar Tree
Soft Surroundings
Sam Ash Music
Sleep Number
Burlington Stores
Stop & Shop
Office Depot
Ted Baker
Carter's
Americans applying for unemployment benefit claims rose to the highest level in three years, which is not a sign of a healthy economy, and expected to greatly increase in 2025.
Three separate pharmacies, Rite Aid, Walgreens and CVS Health are also an important factor as there are now "pharmacy deserts" in certain areas, as reported by Fast Company.
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MUCH HARDER TO GET MEDICATIONS...
While we often focus on food, water, generators, and other necessities as a prepping site, medications are just as important to survival for many with health issues, heart meds, insulin for diabetes, and other medications that are critical to the survival of many.
The closures follow a growing trend in the industry. A recent study published in Health Affairs found that more than 29% of the nearly 89,000 retail U.S. pharmacies that operated between 2010 and 2020 had closed by 2021. That amounts to more than 26,000 stores.
Add to that the sheer amount of drug shortages facing Americans, and medications are going to become a lot harder to get our hands on in the coming year. This affects hospitals as well, as many of those shortages, a 23+ page list which can be found at ASHP org., are used in hospitals.
At the moment there are 234 medications listed under "current drug shortages," at the site linked above.
So the pharmacy closures, along with the drug shortages, are going to make it much harder to get medications in 2025.
The chickens are coming home to roost for the media industry that spent so long trying to convince Americans that the economy was doing great under the Biden regime.
How can the economy be great if thousands of stores are being forced to close, and food prices are making it difficult for families to eat three meals a day, and credit card debt continues to rise as Americans are forced to use them just to survive?
Most Americans understood they were being gaslit by the media, yet there are online pockets of liberal echo chambers, that hang on the MSM's every word, then go out and try to gaslight those around them using the exactly talking points the media has fed them.
That can only be considered journalistic malpractice in an attempt to influence the November 2024 presidential election.
Americans knew that and acted accordingly.
BOTTOM LINE.....
With further retail stores slated to close already in 2025, and the media already preparing to blame Donald Trump, it is critical to remember that Bidenomics caused this perfect storm roiling the economy.
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