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Old 11-22-2012, 10:08 AM
 
Location: Planet Eaarth
8,954 posts, read 20,680,179 times
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Do you really understand "the race to the bottom" that Wal Mart started?????????

Robert Reich (Why You Shouldn't Shop at Walmart on Friday)
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Old 11-22-2012, 10:35 AM
 
Location: La Mesa Aka The Table
9,824 posts, read 11,546,362 times
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Good article
Sadly nobody cares except the stock holders and the bottom 48 percent
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Old 11-22-2012, 01:03 PM
 
48,502 posts, read 96,848,488 times
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Mnay stores where ahead of wal-mart in stayig open. its said that 20% of american work on thanksgiving.Just more anti-wal-mart union feed news.
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Old 11-22-2012, 06:26 PM
 
17,307 posts, read 22,039,209 times
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Walmart is open now (Thursday night)
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Old 11-22-2012, 07:21 PM
 
Location: North of Canada, but not the Arctic
21,131 posts, read 19,707,707 times
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This guy is upset because Walmart provides jobs for 2 million people and is very popular with lower income consumers? Why didn't he do something about it when he was in the Cabinet?

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Old 11-22-2012, 10:55 PM
 
48,502 posts, read 96,848,488 times
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Watched local News going by and interviewig the people waiting . Most were young people and seemed to be having a good time ;like a campout. They even said that the store( wal-mart) had brought out food from deli for thewm to eat. I saw young people haivng a good time ;really.I wouldn't do it myself at my age but it looked like they were enjoying it.I suspect ifg there are problems it will be in the same old places as always.
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Old 11-23-2012, 05:00 AM
 
24,404 posts, read 23,061,247 times
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Our local Wal Mart had some big crowds Thursady night.. All the shopping carts were in use, the parking lot was almost completely full except down by the garden center and TLE.
I've seen bigger crowds on Black Friday mornings so I'm not sure if they got extra business or just bled off sales they would have gotten from Black Friday. Friday morning it was steady business but not a mad house. I would definitely say that today will be a reasonably quiet day by Black Friday standards.
People were buying the cheap TVs, the computers, the gadgets.
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Old 11-23-2012, 05:50 AM
 
Location: Boynton Beach / Great Neck NY
233 posts, read 720,623 times
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Quote:
Originally Posted by hitman619 View Post
Good article
Sadly nobody cares except the stock holders and the bottom 48 percent
Yes, this is very sad.... if the largest US employer's average wage for their associates is about $9/hr this has serious implications for us all. I truly believe that you build a strong economy through a strong middle-class. I've never thought about the concept that Walmart's cheap prices are really being extracted from the middle class in the form of low wages and lack of benefits.
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Old 11-23-2012, 06:03 AM
 
Location: Central Ohio
10,834 posts, read 14,934,551 times
Reputation: 16587
Quote:
Originally Posted by Grandpa Pipes View Post
Do you really understand "the race to the bottom" that Wal Mart started?????????

Robert Reich (Why You Shouldn't Shop at Walmart on Friday)
Sad that people have forgotten what Christmas is all about.
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Old 11-23-2012, 06:44 AM
 
7,214 posts, read 9,393,969 times
Reputation: 7803
He makes good points, but Walmart wouldn't have been open last night if hordes of people weren't lining up to shop there.
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