Quote:
Originally Posted by pornguy
For every negative there is usually a semi balancing positive.
So they dont hire as many employees as the mom and pops lose but they save a lot of people a lot of money that they do end up spending elsewhere. I wonder if anyone has done an impact study showing that.
Oh wait, why would we it would make Wal mart look good.
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Small mom & pop stores recycle profits back into the community. They purchase houses, buy cars, eat at restaurants, etc ? Walmart on the other hand transfers all profits back to corp headquarters, in effect slowly reducing the money supply in that town.
Year after year the biggest retailer taking money out of a town does reduce the living standard in that town.