Several years ago I purchased a large block of Walmart stock and I was just informed that their profits are up some 17%. Good news for us that believe in capitlaism and the power of consumerism.
The average family of 4 that buys their groceries at Walmart will save over $2,500 this year over what they would pay in any other grocery outlet.
Walmart is good for America, and good for families that are having tought times due to the high cost of gasoline and transportaion in general. That extra $2,500 buys more than a few gallons of gas or clothes for kids.
That other local place may have a "helpful smile in every aisle" but that smile due to their overinflated prices (at least a 30% mark up) is even brighter at their corporate headquarters.
Before the "Walmart is anti-union" harpies start complaining, just keep in mind that if it weren't for Walmart's current corporate strategy, many of the people employed there would have no jobs at all, which means that ther would be a far greater drain on our social welfare system. Walmart employs more women, minorities and physically/mentally challenegd people than any other corporation in the WORLD!




