Zero Hedge: Despite the Biden administration’s cheerleading that ‘Bidenomics’ is the economic savior of the middle class — most Americans will disagree there has been an economic revival amid the worst inflation storm in a generation that has sent negative real wage growth negative for more than two years, forcing consumers to deplete personal savings and rack up record amounts of credit card debt in a high-interest rate environment.
We have shown many households are in rough financial shape. Dollar Tree executives confirmed weeks ago that mid/low-tier consumers are trading down from other more expensive retailers to their stores for groceries. This means Walmart has become too expensive for some consumers.
Even before we noted “Consumers Trade Down From Walmart, Dollar Tree Becomes Supermarket For The Working Poor,” we found a trend on TikTok that showed an increasing number of Americans in March were resorting to dollar stores for groceries to save money. We tilted that note “Dollar Tree Dinners”: TikToker Goes Viral After Showing People How To Cook For $35 A Week.
Last week, we were the first to point out that Google searches for “pawn shop near me” just erupted to record highs, indicating that consumers are in rough shape. MORE
I would be very pleased if 81* million Americans went hungry every fucking night until November 2024…
The perfect storm for cheap, made in China poison!
This was a thing in the ’90’s
I do all of the food budget stretching mentioned without apology, but I won’t do dumpster dining.
Gee, maybe they should consider one of the excellent sounding opportunities to make $100+ an hour doing simple online tasks. That Earnway52 opportunity sounds just perfect. If you can spare 3 hours a day, the accumulated 90 hours pays $30,000 monthly or $333 hourly. Obviously these dumpster divers are just online attention seekers when there are so many excellent, money making opportunities posted on threads every day!
/s
Remember the Democrat mantra, “Grandma forced to eat pet food.”
Bidenomics isn’t attacked by the GOP. Is it because they take the “High Road”?
No, they’ve pulled off the road to the rest area. McCarthy is still a weak kneed leader just like Ryan and Boehner.
Increase the Debt Ceiling he says, Like a true Californian, Tax and spend is all he knows.
Dumpster fires now be like:
“Just tuning up the dumpster to 350 for dinner honey”
I wonder how business is doing at Plasma donation centers nationwide is doing now. Sell your plasma and make extra money. It’s not as good as when they used to pay you in cash, now it’s all by prepaid debit card which is not as easily accessible to use.
Wouldn’t surprise me the least bit if restaurants and stores, in cahoots with Big Pharma, allowed tainted food to be dumped in large quantities in order to further lower the population.
This is nothing new. I’ve seen videos from 20+ years ago on how to safely dumpster dive. Had a friend that did it for the aluminum cans. He almost lost his hand, he got cut rifling through garbage and developed MRSA. He turned septic, he eventually died. The homeless are well feed, 3 hots and a cot, why should they get a job? I give them nothing.
@CJ: Covid and monkey-pox jabs were for that. They were mightily disappointed when the homeless pulled through and not many were affected by it. Nope they got more attention around here than others. What’s killing off the homeless is illicit drug use, and murder….they’re dying young. Covid was meant for the elderly, it did its job.