by Jack Hellner
American Thinker
Joe Biden and Kamala Harris repeatedly say they want to help the poor and middle classes but their policies, which caused inflation to soar, have absolutely destroyed the dollar’s purchasing power.
People can no longer afford to patronize the establishments they’ve always patronized, because they are living paycheck-to-paycheck, have already depleted their savings, and have run up credit card debt to unsustainable levels—and these chains are falling like dominos. Now, Big Lots is the latest casualty, and preparing for bankruptcy:
Discount Retailer Big Lots Prepares to File for Bankruptcy amid Inflation and Declining Sales
The news comes after the restaurant chain Red Lobster filed for Chapter 11 bankruptcy followed by affordable gym chain Blink Fitness, and Rite Aid pharmacy closed all its stores in Michigan and Ohio amid that company’s recent bankruptcy filings.