"There is scarcely anything in the world that some man cannot make a little worse, and sell a little more cheaply. The person who buys on price alone is this man's lawful prey." John Ruskin (1819 - 1900)

Tuesday, December 13, 2005

The Wal-Mart employmeny effect

The Wal-Mart employmeny effect: "The U.S. economy entered its fifth year of expansion in November, with non-farm payroll employment, a broad economic indicator, having expanded by 4.5 million jobs (3.4 percent) since bottoming in May 2003. Wal-Mart, meanwhile, the nation’s largest private employer, has been creating new jobs at a much higher rate. Data obtained from Wal-Mart show the retail giant expanding employment by 15 percent in the same two-and-a-half-year period"--nationalreview.com

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