Mid-Day Update: October 15th, 2024
Episode Stats
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Summary
Bidonomics is not just hurting the ordinary American in their pocket, it s now hitting retail giants. Walgreens announces they will close down 1,200 stores nationwide to help stem billions in losses. And Border Patrol agents have had enough of the Biden-Harris immigration policy.
Transcript
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Hello everybody, I'm John Fawcett with this Great America Show midday update for Tuesday, October 15th.
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Bidonomics is not just hurting the ordinary American in their pocket, it's now hitting retail giants.
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Retail giant Walgreens announces they will close down 1,200 stores nationwide to help stem billions in losses.
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According to CEO Tim Wentworth, the move is part of a $1 billion cutting spree and a restructuring effort
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after the company reported a $3 billion loss in the last quarter.
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However, Wentworth insisted that any serious turnaround would take some time.
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In June, Walgreens announced their plans that they would close a significant number of underperforming stores by 2027,
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although today's update marks the company's first specific project on how many locations will be shut down, a lot sooner than expected.
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Convenience store giant 7-Eleven, which all of us probably frequent every now and then,
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says they will be closing 400 underperforming stores in the U.S.
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The company says the move comes as consumers pull back due to inflationary pressure.
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They're hurting Americans, they're hurting retailers, and it's not good for the country.
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And Border Patrol agents have had enough of the Biden-Harris immigration policy.
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Border Patrol agents announcing this week that some of them may leave in droves if Vice President Kamala Harris wins in November,
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with multiple agents telling the New York Post that they cannot face four more years of being undermined and scapegoated.
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On Monday, the Border Patrol Union and the National Border Patrol Council endorsed former President Donald Trump.
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The Border Patrol has suffered massive turnaround and plummeting morale under the Biden-Harris administration, agents are saying.
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The agency has shed more than 4,000 personnel since October of 2020, leaving about 19,000 employed.
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The federal government is in such a meltdown that they're offering recruitment incentives from 10,000 up to 30,000
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and encouraging retired agents to return back to work.
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I don't know anybody in their right mind who would go work at the Border Patrol with Joe Biden and Kamala Harris as commanders.
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Be sure to join us for today's episode of The Great America Show.
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We're joined by brilliant Republican strategist Roger Stone.
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With 20 days until Election Day, we break down what exactly is going on.
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Kamala Harris is losing support among key voter groups, including the blacks.
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They're over the identity politics, and they want to hear a straight shooter in President Trump.
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And that's why he's polling so well among so many people.
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Be sure to join us for that today on The Great America Show.