Grocery Store Chain Just Made Huge Announcement – Welcome To Trump’s Economic Renaissance In America

 

Sensing opportunity for growth in America’s contracting retail sector, international discount grocer Aldi announced Monday plans to open 900 stores in the United States and to hire 25,000 employees by the end of 2022.

The transition has seen a relentless decline in American manufacturing capacity and the middle class. Without good paying jobs, Americans simply lack the discretionary funds to go out and buy things. Online retail comprises only a fraction of consumer purchases.

While it’s good to hear that a foreign retail supermarket giant like Aldi plans to do big business in the U.S., what America needs is a vibrant home-grown manufacturing and retail economy — the kind that existed in the 1950s and 1960s that made America the greatest economic hub in world history.

Aldi’s strategic move deeper into the struggling retail U.S. retail market may serve to validate President Trump’s economic policies, or it may signify the rise of foreign vulture capitalism in the nation’s badly wounded retail sector.

Do you think America needs more foreign investment in its economy or less? Let us know what you think !

Source: http://usherald.com/