To: grey_whiskers
I don't have access to the relative profitability of different product lines or departments at Wally World.Excellent!
Perhaps you could show how WalMart's profit margins suddenly jumped when they "'encouraged' its suppliers to engage in wage arbitrage, pocketed the bulk of the savings, and passed a bit of the savings on to its consumers"
Since their percentage of foreign goods sold must be getting higher every year, according to some Freepers 100% of their goods are already from China, it should be easy to show that their profit margin is constantly rising.
Cheers!
534 posted on
10/05/2007 7:36:28 PM PDT by
Toddsterpatriot
(Ignorance of the laws of economics is no excuse.)
To: Toddsterpatriot
I'll reply shortly -- I have a teenager to deal with here ;-)
Cheers!
535 posted on
10/05/2007 7:43:52 PM PDT by
grey_whiskers
(The opinions are solely those of the author and are subject to change without notice.)
To: Toddsterpatriot
Perhaps you could show how WalMart's profit margins suddenly jumped when they "'encouraged' its suppliers to engage in wage arbitrage, pocketed the bulk of the savings, and passed a bit of the savings on to its consumers" No, but I can show where suppliers are forced to cut into the bone to please Wal-Mart, and then have to offshore or go out of business.
Try FastCompany.com, click here and here.
Cheers!
545 posted on
10/05/2007 9:10:45 PM PDT by
grey_whiskers
(The opinions are solely those of the author and are subject to change without notice.)
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