Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: GFritsch
Wal-Mart and Target will go out of business.

And tens of thousands of American jobs will be gone. With less pressure on other stores to compete, prices will rise.

I don't like the fact that we are funding China any more than you do, but we've got to anticipate and compensate for the unintended consequences!

16 posted on 06/28/2007 12:18:55 PM PDT by JimRed ("Hey, hey, Teddy K., how many girls did you drown today?" TERM LIMITS, NOW!)
[ Post Reply | Private Reply | To 5 | View Replies ]


To: JimRed
And tens of thousands of American jobs will be gone.

Not if we start manufacturing our own products again.
19 posted on 06/28/2007 12:20:54 PM PDT by CottonBall
[ Post Reply | Private Reply | To 16 | View Replies ]

To: JimRed; GFritsch
Walmart won't go out of business if Chinese imports are banned. Walmart has the most flexible and responsive supply chain in the world. They sell Chinese goods because Chinese consumers choose cheap Chinese goods over more expensive domestic ones.

If Chinese goods get banned, Walmart will find another source for the goods. There will be temporary shortages that will hurt retail businesses, and people will likely end up paying more for the goods which will drive up inflation and possibly retard sales because consumers will be able to afford less, but it isn't going to be any worse for Walmart than for other retailers. If anything I would expect that Walmart would do better than their competitors because they have generally shown themselves to adapt to changes in their supply chain more quickly.

44 posted on 06/28/2007 12:41:15 PM PDT by untrained skeptic
[ Post Reply | Private Reply | To 16 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson