Going WOKE will kill sales. merican consumers revolted against woke corporations in 2023
Former Anheuser-Busch executive Anson Frericks discusses how American consumers voted with their wallets in 2023 and says it's a long road for recovery on 'The Bottom Line.' FOX Photo
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Disney, Target, and Anheuser-Busch found out what going WOKE does to the bottom line. Don’t let anybody fool you. A corporations first loyalty is making money for the stockholders.
This social loyalty to the bottom of the barrel gets you nowhere. The WOKE crowd doesn’t care. Look what going WOKE did for Disney, Target, and Anheuser-Busch.
As sales began to plummet, Brendan Whitworth, the CEO of Anheuser-Busch, addressed the controversy on April 14, claiming the company “never intended to be part of a discussion that divides people.”
By May, Anheuser-Busch had dropped $27 billion in market value and sales were down nearly 30% compared to the previous year.
In July, the company announced it was laying off hundreds of workers. In its third quarter, the company suffered a 13.5% decline in U.S. revenue and a 17.1% decline in North American sales volume.
Target’s stock took a hit and its sales experienced a downturn in its second quarter. CEO Brian Cornell acknowledged the impact the fallout had on sales in a call with reporters in August, FOX Business reported.
“Finally, people are seeing that when companies get involved in these social and political issues that have nothing to do with their mission and their stock price plummets — that’s bad for these companies, that’s bad for people relying on them just to make them money so they can retire with dignity,” Frericks said
Disney’s stock price is down over 5% year to date compared to the benchmark S&P 500, which is up more than 13% in that same period. Meanwhile, Disney shares have dropped over 29% in the past five years and have traded near nine-year lows in October.
But, but $20 an hour was to create a fair livable wage. Pizza Hut across California lays off drivers. So what happened? Why would anyone be surprised? This is only the beginning. The increase goes into effect come April. Don’t be surprised if more layoffs happen.
Two large Pizza Hut operators in California are laying off all their delivery drivers ahead of a new state law that raises the minimum wage for fast-food workers to $20 an hour, Business Insider reports.
The layoffs impact hundreds of Pizza Hut locations across the state including Los Angeles, Orange, Riverside, Ventura and San Bernardino counties and Sacramento, and involve more than 1,200 in-house delivery drivers.
The job cuts will take place through February, according to federal employment notices obtained by Business Insider.
In 2022, Gov. Gavin Newsom of California signed the FAST Act into law. It called for the minimum wage for fast-food workers to increase to $22 an hour in 2023. But corporate chains such as McDonald’s, Chipotle, Chick-fil-A, and franchise-advocacy groups fought the law. A coalition of restaurant-industry organizations said the law could raise costs for fast-food restaurants by $3 billion. They rallied to get a referendum on the ballot.
A new law, AB 1228, replaced the controversial FAST Act this year. The minimum-wage increase for fast-food workers was changed to $20 an hour. The new law was viewed as a compromise between the labor unions representing fast-food workers and the restaurant industry.
So, now those folks will have to rely on third party delivery services and you know that won’t be cheap. The law affects 557,000 fast-food workers at 30,000 restaurants in California.
MIAMI, FLORIDA - MAY 05: A 'Now Hiring' sign posted outside of a restaurant looking to hire workers on May 05, 2023 in Miami, Florida. A report by the Bureau of Labor Statistics showed the US economy added 253,000 jobs in April. (Photo by Joe Raedle/Getty Images)
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How can this be? NY Times claims that ‘Stable Jobs with Decent Pay’ Harder to Find Due to Mass Immigration. The left was always saying that the undocumented were good for the economy. They work, pay taxes, etc. Yes, they do. but at what cost?
They flood the lower jobs and drive down wages. So, when citizens get a job it’s for less pay. Here’s what the NY Times says.
“That influx of workers, which includes a recovery in immigration flows, has also taken the air out of wage increases and made it more difficult for people on the margins of the labor market to find stable jobs with decent pay,” the Timesreports:
Hybrid VS Plug in Hybrid. Some folks confuse the two with an all electric car. But the two hybrid’s still have gasoline Engines. And the EV does not. I leave out the EV because I think it’s time still hasn’t come. So below I used a Honda dealership that explains the difference.
Hybrid vs. Plug-in Hybrid: The Basics
You may be wondering: What’s the difference between hybrid and plug-in hybrid? We’ve listed the main differences between these vehicles below:
Standard hybrid vehicles rely on their gas engines to keep their batteries charged as you drive.
Standard hybrid vehicles use their gas and electric motors interchangeably to maximize your fuel efficiency.
Plug-in hybrids use a larger battery that is charged with a 120-volt or 240-volt outlet at your Tampa home. They also have a “backup” gas engine.
Plug-in hybrids use electric power until it’s depleted, then switch to the gas engine.
Hybrid vs. Plug-in Hybrid: Benefits of Standard Hybrid Vehicles
There are many benefits that come with making the switch to a hybrid vehicle over a conventional model. To begin, hybrid vehicles can maximize your fuel economy by switching between using their electric engine at lower speeds and the gas engine at higher speeds. Plus, traditional hybrid vehicles are an excellent option for Land O’ Lakes drivers who don’t want to rely on home charging. Since the gas engine charges the battery as you drive, you won’t need to stop and recharge the internal batteries to continue receiving high fuel economy ratings.
Hybrid vs. Plug-in Hybrid: Benefits of Plug-In Hybrid Models
Plug-in hybrid models also work with a gas engine and an electric motor, but the way that energy is distributed is different compared to standard hybrid models. A plug-in hybrid will primarily run on its electric motor until it’s depleted, then the gasoline engine will take over.
Rather than having two engines working simultaneously, plug-in hybrid vehicles use the gasoline engine as a “backup” for when the electric engine is out of charge. The distance traveled while operating solely on the battery is known as the vehicle’s electric range. However, once that limit is reached, you’ll need to plug your car in to regain battery power.
Since you can pre-charge your vehicle, many plug-in hybrid cars offer the range you need to run errands around town or take your commute on pure battery power, allowing you to save gas for longer trips.
Good News, 199,000 New Jobs. Bad News, Net household wealth fell by about $1.3 trillion. Also, we saw Household debt rose 2.5%. Why then are we not in great shape? Inflation is still an ugly creature that hurts us all. Look what’s happened since January of 2021.
To get a more accurate sense of how prices have risen, CNBC looked at consumer price index data since April 2021 to see how much more Americans are actually paying for everyday items.
In that time, the cost of essentials like groceries, utilities and gas increased by 20% or more. The cost of all items on the index increased by 13% in that time.
Trump still is the one to beat. MicrosoftTeams-image
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Short and sweet. Who won the debate last night? Yes, I watched the two-hour debate, and yes Donald Trump is still the one to beat. I did like that the focus was mostly on Biden’s failed policies, and Chris needs to get a life.
Of course, the four are still so far behind, and Haley is making the John McCain mistake thinking that the media and Progressives support her. VIVEK WON THE BATTLE FOR VP. DESANTIS WON THE DEBATE.
For time reasons, I had to cut my actual address a bit short Thursday. This statement, which began with a nod to Dr. Jay Bhattacharya, is what was entered into the congressional record:
November 30, 2023
Chairman Jordan, ranking member Plaskett, members of the Committee, thank you for the opportunity to speak.
Exactly one year ago today I had my first look at the documents that came to be known as the Twitter Files. One of the first things Michael, Bari Weiss and I found was this image, showing that Stanford’s Dr. Jay Bhattacharya had been placed on a “trends blacklist”:
This was not because he was suspected of terrorism or incitement or of being a Russian spy or a bad citizen in any way. Dr. Bhattacharya’s crime was doing a peer-reviewed study that became the 55th-most read scientific paper of all time, which showed the WHO initially overstated Covid-19 infection fatality rates by a factor of 17. This was legitimate scientific opinion and should have been an important part of the public debate, but Bhattacharya and several of his colleagues instead became some of the most suppressed people in America in 2020 and 2021.
That’s because by then, even true speech that undermined confidence in government policies had begun to be considered a form of disinformation, precisely the situation the First Amendment was designed to avoid.
When Michael and I testified before the good people of this Committee in March we mentioned this classically Orwellian concept of “malinformation” — material that is somehow both true and wrong — as one of many reasons everyone should be concerned about these digital censorship programs.
But there’s a more subtle reason people across the spectrum should care about this issue.
Former Executive Director of the ACLU Ira Glasser once explained to a group of students why he didn’t support hate speech codes on campuses. The problem, he said, was “who gets to decide what’s hateful… who gets to decide what to ban,” because “most of the time, it ain’t you.”
The story that came out in the Twitter Files, and for which more evidence surfaced in both the Missouri v. Biden lawsuit and this Committee’s Facebook Files releases, speaks directly to Glasser’s concerns.
There’s been a dramatic shift in attitudes about speech, and many politicians now clearly believe the bulk of Americans can’t be trusted to digest information. This mindset imagines that if we see one clip from RT we’ll stop being patriots, that once exposed to hate speech we’ll become bigots ourselves, that if we read even one Donald Trump tweet we’ll become insurrectionists.
Having come to this conclusion, the kind of people who do “anti-disinformation” work have taken upon themselves the paternalistic responsibility to sort out for us what is and is not safe. While they see great danger in allowing anyone else to read controversial material, it’s taken for granted that they’ll be immune to the dangers of speech.
This leads to the one inescapable question about new “anti-disinformation” programs that is never discussed, but must be: who does this work? Stanford’s Election Integrity Project helpfully made a graphic showing the “external stakeholders” in their content review operation. It showed four columns: government, civil society, platforms, media:
One group is conspicuously absent from that list: people. Ordinary people! Whether America continues the informal sub rosa censorship system seen in the Twitter Files or formally adopts something like Europe’s draconian new Digital Services Act, it’s already clear who won’t be involved. There’ll be no dockworkers doing content flagging, no poor people from inner city neighborhoods, no single moms pulling multiple waitressing jobs, no immigrant store owners or Uber drivers, etc. These programs will always feature a tiny, rarefied sliver of affluent professional-class America censoring a huge and ever-expanding pool of everyone else.
Take away the high-fallutin’ talk about “countering hate” and “reducing harm” and “anti-disinformation” is just a bluntly elitist gatekeeping exercise. If you prefer to think in progressive terms, it’s class war. The math is simple. If one small demographic over here has broad control over the speech landscape, and a great big one over there does not, it follows that one group will end up with more political power than the other. Which one is the winner? To paraphrase Glasser, it probably ain’t you.
It isn’t just one side or the other that will lose if these programs are allowed to continue. It’s pretty much everyone, which is why these programs must be defunded before it’s too late.
Who will they come for next? Progressives goal to wipe out diversity and social disagreement. Have you noticed that those who claim that diversity is their goal want only those who think like they do?
The target since the Obama age was only single white males, then females, and white married couples were added. Children were the last that were added to the list. And maybe they will achieve their goal when they import the new China virus.
Ann Coulter did a take on a famous poem I’m sure you will recognize. Whites are still the main target, but only the beginning.
First they came for working class whites and I did not speak out— Because I was not a working class white.
Then they came for white police officers and I did not speak out— Because I was not a white police officer.
Then they came for white women who call the police, and I did not speak out- Because I was not a white women who calls the police.
Then they came for the white college applicants, and I did not speak out— Because I was not a white college applicant.
Then they came for statues of white male American heroes and I did not speak out— Because I was not a white male American hero.
Then they came for whites applying for jobs with the S&P 100 and I did not speak out— Because I was not a white applying for a job with the S&P 100.
The Biden Administration got hit on social media for a post bragging about lowering gas prices. (Celal Gunes/Anadolu Agency via Getty Images)
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Biden just doesn’t get it. No the gas prices are not down. They’re still over a dollar higher from when President Trump left office.Folks on X (Twitter ) have been pointing out to Joey boy that he has no clue.
Arsonist takes credit for putting out fire.
Gas still isn’t even close to what it was when Biden took office ($2.39/gallon).
And it’s not just gas that skyrocketed. Food, Housing, Clothes, etc. And did Joe forget that he said Putin raised the price of gas and he had no control of it going up or down.
Twitchy.com editor @Politibunny wrote, “You don’t get credit for jacking up prices like crazy and then bringing them down a teensy bit. Not to mention you blamed Putin for the increase and said you had no control over it.”
You don’t get credit for jacking up prices like crazy and then bringing them down a teensy bit.
Not to mention you blamed Putin for the increase and said you had no control over it. 🙄 https://t.co/SsvxS6XvDk
Young Voters Flee Biden. Who Turns 81 Today. Happy Birthday Joe. My question is why they have voted for him in the first place?
The list of bad things that he and his administration have caused is so long. The Border, COVID, Crime increasing, Wars around the world, Weaponization of the courts, etc.
Among young voters (18-34 years old) — just 20% of whom view Biden favorably on Israel’s war on Hamas — Biden (42%) trails Trump (46%) by 4 points, which is outside the poll’s margin of error.
“This could be a massive sea change,” according to NBC News poll analyst Steve Kornacki, who noted Biden was plus-26 points on younger voters in 2020.
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