WalMart :lupe:

[DEAD7]

http://www.aei-ideas.org/2013/07/wa...of-millions-of-low-income-consumers-globally/




Any neutral observer who looks at the significant economic benefits generated by Wal-Mart in terms of everyday low retail prices for groceries, prescription drugs, clothing, and household items that generate billions of dollars in cost savings for low-income Americans, along with millions of job opportunities in cities across America for low-income Americans with above-market compensation and significant advancement opportunities, could only come to one conclusion: Wal-Mart is truly great for low-income Americans.

 

[DEAD7]

the professor paints a pretty bleak picture of Wal-Mart’s “low wages” to suggest that Wal-Mart’s significant benefits to the thousands of low-income consumers who shop at a Wal-Mart store are somehow more than offset by the exploitative “low wages” paid to about 300 employees at each store? That seems like a pretty weak argument, and it’s not convincing at all that Wal-Mart is “not great for low-income Americans,” but it’s recycling the persistent myth that “jobs at Wal-Mart are a dead-end cycle that keeps people in poverty.”

 

[Everythingg]

The sad part is the article is serious...