Consumers could be in a 'world of hurt' if Biden doesn't act soon, former Walmart CEO warns

FoxBusiness ^ | 1/29/23 | Kayla Bailey

[CFW]

On Sunday, former Walmart CEO Bill Simon joined "Fox & Friends Weekend" to warn Americans of the detrimental impact corporate layoffs could have on the U.S.'s feeble economy.

"It's crazy right now. We're stuck in this loop of, wage inflation, product inflation, and cost inflation. And it's just that cycle keeps going. And I think, unfortunately, an inevitable byproduct of some of the Fed's moves and as the necessary medicine we have to take to kind of cool things down and get the inflation back under control on some of these layoffs that are coming," Simon explained to co-host Will Cain.

[FamiliarFace]

Oh, now I understand what you meant by doing it yourself. You did a workaround. I just stopped purchasing once I realized it was a no go. I guess my years in the retail industry as a customer service person worked against me. I went by the stupid gd rules of returns. When they said no, I stopped shopping for anything but the essentials. No new clothing, even if I didn’t fit my old stuff. Nothing on speculation. Only must haves.

[FamiliarFace]

All of those were unnecessarily closed here, for far too long. Yeah, I’m bitter. It’s what helps me stay alert to them. TPTB want to take my freedoms from me as often as I’ll let them, so I try not to let them. I can’t afford to forgive and forget. Too much has been taken from me.

[ProtectOurFreedom]

Grade B Medium Eggs at Fred Meyer, Coeur d’Alene, Idaho right now for $1.69/dozen.

[jy8z]

I’ve been buying eggs at $3.00 a dozen from a chicken farmer for a couple of years now. He hasn’t gone up on my price through this egg craziness. He has a couple hundred of hens. I found him on Craigslist. Most places should have someone like him in a rural area just outside of the city they live in.

[Does so]

“He hates America. That is why he is doing it all on purpose.”

Obama’s third term...Is there any doubt now?

[Elsie]

Dead one are the only kind I eat anyway.

[Elsie]

Glad to have you!

[Elsie]

HOA = another layer of ‘government’ to tell me what I can/cannot do with things that I own.

[Elsie]

They’d probably freak over my four kids.
Gracie, EllieMae, Jack and Casper.

[Elsie]

...outside of the city ...

When I moved there, I found out why GOD placed man in a garden!

[central_va]

Blaming institutional inflation on the lower wager working class is so 1970’s. Get real.

[central_va]

What he meant was: "We need workers, but we need workers we can employ at paltry wages we offer that are in the country legally".

Fixed it for him.

[Elsie]

Blaming inflation on anything OTHER than Government is misplaced.

[central_va]

Calling citizens “consumers” is degrading, it is lowering human existence to the level of an insect.

[Elsie]

Heck, we’ll still be in a WOH after he’s gone!!!

[FamiliarFace]

Yes, I’m not a fan, but when you have only a short time to find a place to move into, and the house you fell in love with is in an HOA, well, we made the decision to go with it anyway. We do love the house, and the property, so had to acquiesce on a few things like chickens and a big garden out there. We have lots of wildlife though, some woods, and a nice creek. It’s a very pretty view.

[bert]

I did

[ding_dong_daddy_from_dumas]

Consumers could be in a 'world of hurt'

We already are, and not only WRT prices.

[ConservativeWarrior]

Strawberries are cheap right now, so I’ll have to see how they go with Bacon...

---

Bacon prices are no better. Used to be $6 a lb, now it’s $10 for a 12 oz package.

[upchuck]

Don’t spend a bunch of time playing with your “died seeds” come planting season. I suspect you’ll be disappointed. /s