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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: ggersh who wrote (116139)9/11/2015 12:31:24 PM
From: Joe Btfsplk  Read Replies (2) of 116555
 
Walmart....

Is that a jab?

WalMart employs a million and a half in the US alone, most low skilled with few other opportunities. Those with grit have a chance to advance. Their pay and benefits are generally better than they'd get from the mythical mom and pop shops they partially displace.

Maybe six years ago I read that Walmart serves forty to forty two million Americans each month, probably more now in harder times. Their low prices are the functional equivalent to a raise in pay for those who trade there.

Walmart is a prime example of what's right in America.
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