Birdnow's Aviary

March 21, 2024

Bidenomics in Action

Timothy Birdnow

Steven Chase posted this on Facebook and an enormous fight broke out there. Many tried to argue this is just a case of online sales killing non-competitive stores. But I did a search and found that in fact brick and mortar stores have had a huge upsurge since the end of the pandemic, and they are now considered the wave of the future. So they are surging in RED states and not Blue. Gee; I wonder why?

https://www.forbes.com/sites/calvinschnure/2021/03/18/brick-and-mortar-retail-is-bouncing-back/

and

https://www.globest.com/2023/05/03/retails-bright-future-lies-in-brick-and-mortar-after-all/

So it's not rising internet sales (and those sales spiked at the end of '20 and whose policy was the lockdowns anyway?)

Inflation, increasing crime, inflated wages, heavy regulations and taxes, etc. all contribute to these companies pulling out of the market. Cheaper to just sell via the internet than go to all the trouble running stores where actual people can shop - and browse and perhaps buy stuff they wouldn't have had they just surfed the web.

This is entirely a biproduct of the Democrat policies.

Courtesy of Carlos Velazquez:

I asked Microsoft's Copilot, which is their ChatGPT but better because its database is current and up-to-date, if this report is true. YES, it is true and accurate. Welcome to #Bidenomics .

Walmart is closing 23 stores in 8 states (all blue).
Target is closing 9 stores in 4 states (all blue).
Walgreens is closing 900 stores (mostly blue)
Bed bath and beyond is closing its remaining 360 stores.

Lowes has closed 50 stores.
Macy's is closing 150 stores (mainly blue)
Starbucks has closed 61 stores (mainly blue)
Home Depot is closing 15 stores
Dollar Tree is closing 1,000 stores
Foot Locker is closing 400 stores
Gap is closing 350 stores
Party City is closing 24 stores (mainly blue)
Big Lots is closing stores in Cali and Colorado
Burger King is closing 400 stores
Best Buy is closing 20 stores
Boston Market is closing 27 stores
Kmart only has 2 stores left
Sears closed all but 22 stores
Regal Cinemas has closed 429 movie theaters
Kroger grocery chain has closed 413 stores
US Bank is closing 23 branches
Wells Fargo is closing over 60 branches
Capital One is closing 50 branches
Bank of America is closing 20 branches