Tuesday, February 19, 2008

Conspiracy Alert: Wal-Mart Is Responsible For Bad Economy

1 comments
We've all heard them before. It is the big bad corporations who really secretly control everything on Earth. They have uber super secret resources, and membership to micro-manage the entire planet. If the economy is good ... it's a conspiracy by the big corporations to rape you in order to make more profit. If the economy is bad ... it's a conspiracy by the big corporations to rape you in order to make a profit. Guess who the big bad evil corporation is this time around? Well, aren't they always the evil ones?

Yahoo:

Defying the gloom that many retailers are feeling, Wal-Mart Stores Inc. expects a more profitable year selling to penny-pinching shoppers after its renewed focus on low prices paid off over the holidays with a 4 percent rise in fourth-quarter profit.

The world's largest retailer, emerging from a yearlong turnaround effort after sales stumbles in 2005 and 2006, said Tuesday that aggressive holiday discounts and improvements in its more than 4,000 U.S. stores boosted sales despite consumer worries.

I wonder how many of Wal-Mart's detractors will acknowledge that Wal-Mart is making sure that people have solid paying jobs, and inexpensive goods to ease the burden of a slowing economy.

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