Why WalMart failed and why the mistakes shouldnt be repeated here


	Why WalMart failed and why the mistakes shouldnt be repeated here

treebeard31

8-16-2007 10:57 AM

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/f4369567-77d3-4775-b369-0d79236db7c4/0C58D01B-CE18-41C7-BBF8-28D59A489448/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.smirkingchimp.com/thread/9382" href="http://www.smirkingchimp.com/thread/9382" style="font-size: 11px;">www.smirkingchimp.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.smirkingchimp.com/thread/9382"><P>The deal, according to free-trade, free-market conservatives, went like this:</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.smirkingchimp.com/thread/9382"><OL>
<li style="margin-left:16px;padding-left: 0px;">Allow WalMart (and other super-discount stores) to devastate local, small businesses because,</LI>
<li style="margin-left:16px;padding-left: 0px;">Such large retailers bring economies of scale, lower prices and create more new jobs than the jobs lost in the once locally owned retail sector.</LI>
<li style="margin-left:16px;padding-left: 0px;">Allow these WalMart-types to import unlimited goods from cheap labor countries like China, even though doing so destroys high-paying US manufacturing jobs, because...</LI>
<li style="margin-left:16px;padding-left: 0px;">US workers must adjust to compete in the new global economy and, even though their once high-paying manufacturing jobs will be replaced with lower-paying service sector jobs - like those $10/hr. Jobs at WalMart -- they won't feel the pain because...</LI>
<li style="margin-left:16px;padding-left: 0px;">US workers will be able to buy the imported stuff for so much less at WalMart.</LI>
</OL></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/0C58D01B-CE18-41C7-BBF8-28D59A489448/blog/" title="blog or email this clip"><img src="http://content7.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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