The Obama Economic Nightmare is real. Wal-Mart shutting down stores, across North America. Staples and Office Depot failing, unable to merge to buy some time. Kohl's stock price down 40%, Bonton Stock down 77%, Sears, Belks, Macy's failing fast, thanks to radical Barack Obama. Tens of thousands of retail stores will be closing in the next 12 months (2016). The China Slave State Capitalist Economy is in full collapse, American and Europe is right behind them, it's called globalized collapse. Wall-Street is in flames, you're just seeing the smoke at this point, the flames will be hot.
In the Obama economy, wages have not improved; you know that because you may earn the same amount for the last five years, if you have a job at all.
The economy has stopped, in
fact, Obama has created a great unease and not inspired the confidence Americans
once had in work — which is why the president has responded by pushing higher
wages for service jobs once meant to be temporary bridges from high school and
college to adult life.
McDonalds cannot survive paying the french fry guy $15.00 and hour. You cannot pay a gal $15.00 an hour flipping burgers at Burger King. You cannot pay a non educated non motivated minority $15.00 an hour inside a Washington D.C. Wal-Mart.
Obama and Clinton, along with Kerry and Biden needed a straw man for their climate-change
regulations that closed manufacturing industries, nearly made coal production
extinct and clobbered the shale industry.
So he blames companies like
McDonald’s for not doubling the hourly pay for entry-level jobs to mask his
inability to address the economic setbacks caused by his politics. … As normal Barack Obama knows nothing about business but a lot about socialism. Just pay them, not to worry.
Only 7 percent, or 214 out of 3,069 counties
nationwide, recovered by 2015 to their pre-2008 numbers on total employment,
economic expansion, home values and unemployment. The American economy is a basket case. Few work but everybody eats with 50 million on foodstamps, 95 million out of the workforce and Hillary Clinton, Bernie Sanders promise a lot more of the same, national debt. You owe 20 Trillion dollars, you great grand children are bankrupt, the unborn ones.
Obama and the Democrats have created an economy
that can no longer create decent jobs, so they attempt to bully and cajole
starter-job creators like Walmart and McDonald’s to offer wages and benefits
way outside the market value.
This kind of economic policy cannot be sustained. Walmart
has already announced the closure of some 140 stored in the U.S., which means
the engine that drives our economy today, consumer spending, is slowing.
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