Looking into the Success of Bidenomics

[Walt]

Wrong, Walter.

I am correct. There are more open positions than there are unemployed. Realistically, the 3.8% who are unemployed are either unable/unwilling to do a job, or waiting for a job they want. Everyone halfway reasonable can find a job.

Forty thousand a year to flip burgers is why they are shutting down.

Almost no one works 2,000 hours a year at a fast food restaurant. They almost always work more or less than 2,000 a year.

We have had years of restaurants closing temporarily, or even going out of business, not because one state will be raising minimum wage now, but because of a shortage of workers.

 

[Walt]

Perhaps if the LEFT were to go full-in with supporting the birth of the unborn and refusing to cater to it's support of killing the unborn
then we'll have more of a population to fill those stores with employees.

Outlawing birth control would increase the number of births, but would also mean less spent on education for the children. And besides, it would do nothing to increase the workforce over the next 20 years.

 

[Nordberg]

Wrong, Walter.

CA minimum wage increases to $20 or more for 2 industries
CalMatters
https://calmatters.org › economy › 2023/12 › minimum...
Dec 21, 2023 — California-based fast-food workers for chains with 60 or more locations around the nation will earn at least $20 an hour beginning in April...

Forty thousand a year to flip burgers is why they are shutting down.


Poor Walter.

There are places that are so expensive to live in that workers cannot afford to work in low-paying locations. That is why stores offer higher wages in New York and California. The Min wage was supposed to be a living wage.

 

[NiftyNiblick]

* 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 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 over 60 branches.

* Wells Fargo is closing over 60 branches.

* Capitol One is closing 50 branches.

* Bank of America is closing 20 branches.


All because Bidenomics is so wonderful. This disaster has to be Trump's fault. LOL!

None of that has anything to do with Democratic economic policy.

It all has to do with reticence to move away from anachronistic unfettered capitalism
and the consequences of an underregulated private sector
to general commerce
when we try to sustain obsolete economic philosophy far past its expiration date.

Also, the grievous wound to civilized culture inflicted by digital technology has played a huge part.