Friday, November 1, 2013

Walmart Faltering Overseas

Progressives hate Walmart because it makes billions by shifting costs onto the taxpayers while keeping the profits, a classic case of crony capitalism  They do not want WalMart to stop shifting costs onto taxpayers, they just want more of those billions in profits to spend on themselves.

Bill Gates avoids the hatred of progressives by doling out billions on programs progressives love.

Overseas, WalMart is faltering, because WalMart depends on crony capitalism that is not quite as forthcoming.
Wal-Mart is scaling back its international operations and has detailed plans to shutter poorly performing stores in two of its biggest international markets and concentrate on opening additional smaller operations across the US.
The move was motivated by what the world’s largest retailer sees as an increasingly “tough” and “unpredictable” global economic environment.
Take away the subsidies for welfare queens, and you'll see the economy improve.

Feel free to forward this by email to three of your friends.


0 comments: