OT--Wal-Mart economy keeps lid on US inflation
Harry Krause wrote:
*JimH* wrote:
"Harry Krause" wrote in message
...
NOYB wrote:
"Harry Krause" wrote in message
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NOYB wrote:
Wal-Mart economy keeps lid on US inflation: study
Nov 04 12:50 PM US/Eastern
The "rock-bottom" pricing strategy used by retail giant Wal-Mart
has filtered into the US economy and kept a lid on inflation,
according to a study commissioned by the company and released.
Gosharoonie, what a surprise!
Did the following surprise you too?
"The researchers concluded that Wal-Mart had a positive impact on US
employment, generating 210,000 jobs by 2004, or 0.15 percent more
that would
have existed without Wal-Mart."
In a study sponsored by Wal-Mart?
No.
210,000 crappy jobs, just like the Bush Administration wants.
Perhaps those jobs are being filled by retirees wanting to do
something.........or perhaps by folks who never bothered to learn a
trade or continue their education.
No one forces them to work at Walmart.
When Wal-Mart comes to a small town and forces dozens of businesses to
close, then the only jobs that remain are at Wal-Mart.
When Wal-Mart buys a half trillion dollars worth of goods from companies
in the PRC that practice slave labor or close to it, and that forces US
companies to close and lay off their workers, then some of those workers
are forced to find a crap job at Wal-Mart.
Wal-Mart is a crap, rogue corporation that exploits Americans.
....and chinese workers...
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