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Consumers could be in a 'world of hurt' if Biden doesn't act soon, former Walmart CEO warns
FoxBusiness ^ | 1/29/23 | Kayla Bailey

Posted on 01/29/2023 1:36:51 PM PST by 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.

(Excerpt) Read more at foxbusiness.com ...


TOPICS: Business/Economy; Culture/Society; Extended News; Front Page News; Government; Politics/Elections
KEYWORDS: bidenflation; billittothegrandkids; economy; pain; poorhouse4seniors; recession
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To: FamiliarFace

(Walmart and Target)

Both big Democrat donors? 🤔🤔🤔


81 posted on 01/29/2023 4:36:09 PM PST by SaveFerris (Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
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To: steve86

Walmart here wouldn’t take any returns at all, clothing or non clothing. Every single item you bought was yours to keep. No exchanges, no returns, non negotiable. I learned quickly that whatever I had bought was what I was stuck with for the foreseeable future. So I stopped buying.

When I got to go back into a store and was allowed to try on clothes before I purchased, well, they got me! I got to try on bathing suits after losing weight. That was a big deal for me. Maybe not for everyone, but it was for me. I worked hard to lose that weight (at home…I’m not a gym rat).

Does Inslee mean you are in Washington state? Indiana has a weak-kneed governor that might as well be a Democrat.


82 posted on 01/29/2023 4:56:44 PM PST by FamiliarFace (I got my own way of livin' But everything gets done With a southern accent Where I come from. TP)
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To: SaveFerris

Exactly. Still makes me sick to my stomach. How the hell was my wandering around in an antique mall on a Wednesday a threat to society?

I have asked these owners after the lockdowns if they will obey the orders if ever decreed again. They all say, hell no, and I will be their customer, looking for the coolest retro/vintage/antique item I can find. Old stuff was made so much better than the new things they throw at us these days.

Ok, maybe not everything, but a lot of stuff is superior.


83 posted on 01/29/2023 5:11:21 PM PST by FamiliarFace (I got my own way of livin' But everything gets done With a southern accent Where I come from. TP)
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To: steve86

*** There were lots of crazy practices that seem ludicrous now.***

P.S. - Those crazy practices seemed ludicrous then, too!


84 posted on 01/29/2023 5:15:54 PM PST by FamiliarFace (I got my own way of livin' But everything gets done With a southern accent Where I come from. TP)
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To: joma89
So who prepared for this? Who has a stock of food and water? Check

Who paid theirs debts and have zero loans? Check

Who has a generator? Check

Weapons? Check

A stash of money? Check

It's not hard. The answer is, anyone who has been paying attention.

85 posted on 01/29/2023 5:16:25 PM PST by grobdriver (The CDC can KMA!)
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To: SaveFerris

I’ve also met some of them.

Part of it is denial. They won’t admit something is not right. But to the left, the truth is whatever they want the truth to be.


86 posted on 01/29/2023 5:22:31 PM PST by laplata (They want each crisis to take the greatest toll possible.)
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To: joma89

We do.


87 posted on 01/29/2023 5:24:15 PM PST by M_Continuum
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To: sauropod; joma89

imho need to add gold and seeds to the list.

the great reset will probably involve riots in the cities and arson in the suburbs. one won’t get very far to a safe hideout with silver once the roads are closed and the gasoline is rationed.

speaking of seeds, i need some (but which?)...


88 posted on 01/29/2023 6:01:20 PM PST by SteveH
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To: joma89

Plenty of seeds here too, just lousy growing conditions where I live.


89 posted on 01/29/2023 6:26:56 PM PST by VTenigma (Conspiracy theory is the new "spoiler alert")
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To: grobdriver

+1


90 posted on 01/29/2023 6:28:10 PM PST by joma89 (Buy weapons and ammo, folks, and have the will to use them.)
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To: SteveH

Corn, tomatoes, beans, potatoes, peppers...


91 posted on 01/29/2023 6:40:33 PM PST by sauropod (“If they don’t believe our lies, well, that’s just conspiracy theorist stuff, there.”)
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To: joma89

I’ve got all of that except a generator.


92 posted on 01/29/2023 6:47:57 PM PST by TigersEye (The Democrat Party is criminal, unAmerican and illegitimate )
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To: laplata

If the libs want their truth to be that grocery store shelves are full when in reality they are empty I won’t argue with them.

I’ll just wish them bon appetit! :)


93 posted on 01/29/2023 6:55:58 PM PST by TigersEye (The Democrat Party is criminal, unAmerican and illegitimate )
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To: CFW
When lay-offs hit middle-management at mid-sized and large companies and those making $100,000 to $200,000 per year receive their "pink slips" will they THEN believe that thing may not be as rosy as they have been led to believe?

That's already happening. If you are on Linked-In, you can't help but notice all the newly unemployed former VPs and mid-level managers publicly job hunting on the platform. And I get several private messages per day from people seeking work at my company. It's bad!

94 posted on 01/29/2023 7:00:01 PM PST by Timber Rattler ("To hold a pen is to be at war." --Voltaire)
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To: SaveFerris

Yep.


95 posted on 01/29/2023 7:03:26 PM PST by sauropod (“If they don’t believe our lies, well, that’s just conspiracy theorist stuff, there.”)
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To: pierrem15
We're stuck in this loop of, wage inflation, product inflation, and cost inflation.


96 posted on 01/29/2023 7:14:01 PM PST by Elsie (Heck is where people, who don't believe in Gosh, think they are not going...)
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To: TigersEye

Lol. Good one. Let them imagine they aren’t hungry.


97 posted on 01/29/2023 7:16:36 PM PST by laplata (They want each crisis to take the greatest toll possible.)
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To: FamiliarFace

I haven’t seen eggs for 1.49 in forever,

Just wait until they are HATCHED and then check out the price!!

https://www.strombergschickens.com/live-birds-eggs/day-old-baby-chicks/chicks/large-eggs/


98 posted on 01/29/2023 7:17:22 PM PST by Elsie (Heck is where people, who don't believe in Gosh, think they are not going...)
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To: ducttape45

The Amish seem to not care at all about this egg ‘crisis’.


99 posted on 01/29/2023 7:19:11 PM PST by Elsie (Heck is where people, who don't believe in Gosh, think they are not going...)
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To: Elsie

Are the birds that say $0.00 free? ;)


100 posted on 01/29/2023 7:21:20 PM PST by FamiliarFace (I got my own way of livin' But everything gets done With a southern accent Where I come from. TP)
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