Thursday, November 09, 2006

The Nation wishes to suggest 10 reasons that Wal-Mart pundits are wrong.

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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