[American Greatness] The CEO of Target stores recently explained to CNBC that American consumers cut back significantly, "even on grocery items." He relayed to the business channel that "even in food and beverage categories, over the last few quarters, the units, the number of items they’re buying, has been declining."
Admittedly, few on the political right will shed any tears for the executive suite of Target, a company infamous for its obsession with woke politics. Nonetheless, Target provides a key gauge of overall consumer health. After all, this chain of nearly 2,000 big box stores, with more than 400,000 employees, boasts a market cap value of $50 billion.
The reality, as relayed right now by Target — and nearly every other major retailer — is that the U.S. consumer is so afflicted by Biden’s inflation that buying food has become a hardship in 2023 America.
In fact, the latest survey results from the battleground swing states of America finds that food insecurity is a foremost worry of American citizens. My organization, the League of American Workers, just commissioned a sweeping poll of the battleground states of Arizona, Wisconsin, Georgia, and North Carolina.
Our survey canvassed 800 registered voters from these states that almost surely will decide the 2024 presidential election, and perhaps control of Congress as well. The poll revealed an overall dismal mood in America, with a staggering 77% of voters stating that America is on the "wrong track" vs. only 17% conveying optimism.
The main driver of the pessimism is clearly economic anxiety, and only 39% of these battleground state voters gave Biden positive marks on that issue. Even more damning for Biden and the Democrats, among battleground state independents, only 9% say they "strongly approve" of Biden on the economy vs. a whopping 48% who "strongly disapprove." |