From The Nation,
Ten Reasons Why the Wal-Mart Pundits Are Wrong
The Nation brings up 10 arguments often used to defend and justify certain actions by Wal-Mart executives, and in their name by friends in hugh places, and attacks the merits of the reasoning and facts on the ground.
Including:
Wal-Mart's low prices save American consumers $263 billion a year.
If Wal-Mart increases wages, it will have to increase prices. (A classic among opponents of the minimum wage.)
Wal-Mart's health benefits are about as generous as those of comparable employers.
Wal-Mart has helped poor and middle class consumers--in fact, more than anybody else.
Wal-Mart coming into a community expands the tax base and boosts overall community development.
See what the analysis of these arguments suggests. Then consider where you stand, and what you think.
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