Millions of Americans are sleeping in their vehicles, thousands of businesses are failing all over the nation, and most of the country now believes that the American Dream is no longer attainable. If this is what a "booming" economy feels like, I would hate to see what would happen during a "recession".
I totally understand why the mainstream media is gaslighting us. They want us to believe that everything is fine so that we will vote a certain way in November. They have an agenda, and they are pushing it really hard.
But what they are telling us simply does not match up with reality.
The following are 7 signs that the mainstream media is flat out lying to us about the economy...
#1 Survey after survey has shown that the economy is the number one concern for American voters during this election season. If the economy was in good shape, we would not be getting results like this...
The economy was still the top issue for 26 percent of voters, per the poll. Threats to democracy and extremism came in second at 22 percent, and immigration was third at 13 percent.
#2 At this point, the economy is in such rough shape that even Dollar General customers seem to be running out of money...
Dollar General shares tumbled Thursday after the discount retailer slashed its sales and profit guidance for the full year, suggesting its lower-income customers are struggling in this economy.
Shares of the retailer, which caters to more rural areas, tumbled 25% after the earnings report.
#3 When the U.S. economy was actually booming, Big Lots was thriving. Sadly, today's economic environment has been very hard on the retail chain and it is now teetering on the brink of bankruptcy...
Discount home goods retailer Big Lots is reportedly on the brink of bankruptcy after years of falling sales.
The beleaguered chain may seek Chapter 11 protection within weeks, according to Bloomberg, if it is not able to find investors.
The Ohio-based company runs around 1,400 stores across the US, after closing hundreds of locations earlier this year.
#4 Needless to say, Big Lots is far from alone, because the number of businesses that are filing for bankruptcy has reached dizzying heights...
According to statistics released by the Administrative Office of the U.S. Courts, annual bankruptcy filings totaled 486,613 in the year ending June 2024, compared with 418,724 cases in the previous year.
Business filings rose 40.3 percent, from 15,724 to 22,060 in the year ending June 30, 2024. Non-business bankruptcy filings rose 15.3 percent to 464,553, compared with 403,000 in the previous year.
#5 According to Zero Hedge, several regional Fed business surveys just fell even deeper into contraction territory...
'Four more years' is not the message being heard from the regional Fed surveys this week as the Philly, Dallas, and Richmond business surveys all slumped deeper into contraction... READ MORE
