great selective reading Scott. On Sat, Oct 9, 2010 at 9:39 PM, Scott Stroz <[email protected]> wrote:
> > Did you actually read some of the information you posted? Some of it > seems to refute claims yo have made about how bad Wal-Mart can be. > > > However, > > he compared the changes to previous competitors small town shops > > have faced in the past庸rom the development of the railroads and the Sears > > Roebuck catalog to shopping malls. He concludes that shop owners who > adapt > > to the ever changing retail market can thrive after Wal-Mart comes to > their > > community. > > Bad Wal-mart for making small town shops adapt their business to > handle competition. > > > It > > argued that while Wal-Mart's low prices caused some existing businesses > to > > close, the chain also created new opportunities for other small business, > > and so "the process of creative > > destruction<http://en.wikipedia.org/wiki/Creative_destruction>unleashed > > by Wal-Mart has no statistically significant impact on the overall > > size of the small business sector in the United > > States." > > Bas Wal-Mart for creating new opportunities for small businesses. > > > For the concern of jobs, a study commissioned by Wal-Mart with consulting > > firm Global Insight <http://en.wikipedia.org/wiki/Global_Insight>, found > > that its stores' presence saves working families more than US$2,500 per > > year, while creating more than 210,000 jobs in the > > U.S. > > Bad Wal-Mart for saving families money and creating jobs. > > >Another study by Global Insight has found that > > Wal-Mart's growth between 1985 and 2004 resulted in food-at-home prices > that > > were 9.1% lower and overall prices (as measured by the Consumer Price > > Index<http://en.wikipedia.org/wiki/Consumer_price_index>) > > that were 3.1% lower than they would otherwise have > > been.[114]<http://en.wikipedia.org/wiki/Wal-Mart#cite_note-113> > > > > Bad Wal-Mart, again, for saving people money. > > > Studies of Wal-Mart show consumers benefit from lower costs. A 2005 > *Washington > > Post* story reported that "Wal-Mart's discounting on food alone boosts > the > > welfare of American shoppers by at least $50 billion per > > year."[116]<http://en.wikipedia.org/wiki/Wal-Mart#cite_note-115>A > > study in 2005 at Massachusetts > > Institute of Technology< > http://en.wikipedia.org/wiki/Massachusetts_Institute_of_Technology > >measured > > the effect on consumer > > welfare <http://en.wikipedia.org/wiki/Welfare_economics> and found that > the > > poorest segment of the population benefits the most from the existence of > > discount retailers. > > Bad Wal-Mart for benefiting poor people. > > Wow, I can really see why you hate Wal-Mart so much. What with all the > jobs, saved money and benefitting poor people...and all of that > without having to use our tax dollars. Wal-Mart should be ashamed of > itself. We should all go back to paying more money for the same goods > and then have to rely on the government to bail us out when we can't. > > > > -- > Scott Stroz > --------------- > You can make things happen, you can watch things happen or you can > wonder what the f*&k happened. - Cpt. Phil Harris > > http://xkcd.com/386 > > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Order the Adobe Coldfusion Anthology now! http://www.amazon.com/Adobe-Coldfusion-Anthology-Michael-Dinowitz/dp/1430272155/?tag=houseoffusion Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:328944 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/groups/cf-community/unsubscribe.cfm
