Friday, February 22, 2013

Walmart: Sales have been flat or negative. Why?

Rich People are the only ones with tons of money and they don't shop at Walmart.
The economy has stalled and will get worse with THE REPUBLICAN AUSTERITY BUDGET!

So where is Walmart's customers' money? A chunk of it is in the pockets of the wealthiest 1 percent of American households, according to research by economist Emanuel Saez. He found that during the first three years of the “recovery,” as weak as it has been for most of us, those at the top of the pile grabbed 121 percent of all income gains and got 11 percent richer ( PDF). And the rest of us became 0.4 percent poorer, after accounting for inflation.

http://www.alternet.org/economy/walmarts-terrible-2013-ravage-capitalism-reaching-point-diminishing-returns?akid=10096.294211.dHOVx_&rd=1&src=newsletter798575&t=13

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