Saturday, November 05, 2005

Evil Corporations Strike Again

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Oops. I mean "evil corporations save American economy"...

Sorry- I was just used to seeing it the other way.

[[ The "rock-bottom" pricing strategy used by retail giant Wal-Mart has filtered into the US economy and kept a lid on inflation, according to a study commissioned by the company and released.

The study by the economic research firm Global Insight concluded that the discounting along with other measures led to cumulative savings for consumers of 263 billion dollars between 1985 and 2004, or 895 dollars per person.

The researchers concluded that Wal-Mart had a positive impact on US employment, generating 210,000 jobs by 2004, or 0.15 percent more that would have existed without Wal-Mart.
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Walmart Saves U.S. Economy

Hmmm... why do the liberals hate Walmart so much when it has had such a positive impact on the economy?

Can't imagine.

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