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Politics : View from the Center and Left

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To: bentway who wrote (244737)	2/16/2014 2:27:57 PM
From: Ron	Read Replies (2) of 542588

Actually at the time of the Clintons Wal Mart was busy wiping out local merchants throughout the Midwest by predatory pricing. I saw it personally. Put up a large Wal Mart on the edge of town, and price most of your inventory BELOW COST. Do that for a year or two and you've wiped out many a small merchant who cannot match your deep pockets. Then of course, you raise prices. I have also seen this personally: Wal Mart telling suppliers they cannot sell to competitors in small markets, hence you get competing grocery stores selling no national brand name products. That's illegal. Feds pay no attention to that stuff, at all, especially since it is mostly done in rural areas. So they were a destructive force back then too. But I also see how Arkansas politicians would find it important to be Wal Mart boosters, even as they were hollowing out small community downtowns from Arkansas to Indiana. They became the only retail employers too... so they could get away with minimum wage paychecks. It was a very shabby time in U.S. history, largely ignored because they did it in primarily rural areas..you know.. flyover country.

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