General Discussion

AngryOldDem

(14,180 posts)

39. +1,000,000

Sat Feb 16, 2013, 11:21 AM

Feb 2013

Best summation of the economy that I've read in a long while, summed up in four sentences.

As the poet said, "the center will not hold." If you continue to undermine the middle class, as what has happened here over the past few decades, things will collapse.

A hard lesson to learn, but I think most of us saw it coming.

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A Scary Reality About Wal-Mart's Customers: They're Broke [View all] xchrom Feb 2013 OP

Hey Geiger. when you offshored all your customers' jobs, what did you think would happen? hobbit709 Feb 2013 #1

Offshored jobs, and drove down the average wage of the workers that are left. baldguy Feb 2013 #4

Republican "Family Values" business practices have brought this reality into being Berlum Feb 2013 #2

Hear Hear ! In_The_Wind Feb 2013 #14

Consumer spending was up last month, may not be broke....just tired of Walmart. Remember the GOP... uponit7771 Feb 2013 #3

Why Wal-Mart May Never Be Great Again abbyjoseph Feb 2013 #6

I suspect that is the larger reason. GoCubsGo Feb 2013 #9

Yogi: "Nobody goes there anymore, it's too crowded." (n/t) thesquanderer Feb 2013 #10

Based on the article, they are no longer crowded. n/t GoCubsGo Feb 2013 #12

I was responding to your comment... thesquanderer Feb 2013 #16

sage advice from Yogi for Walmart's marketing team: alterfurz Feb 2013 #34

Doh! GoCubsGo Feb 2013 #38

I was in my local Walmart yesterday, and it was packed like Christmas Eve. KatyaR Feb 2013 #57

what the fuck do these assholes think? datasuspect Feb 2013 #5

I recommend this post. loudsue Feb 2013 #13

well said, datasuspect In_The_Wind Feb 2013 #15

They are killing the goose that lays the golden egg, CrispyQ Feb 2013 #25

Bingo. GoneFishin Feb 2013 #30

+1000 TeamPooka Feb 2013 #47

The truth is getting out there, and this is an exciting time. napoleon_in_rags Feb 2013 #85

Chickens coming home to roost. no_hypocrisy Feb 2013 #7

+1000 Atman Feb 2013 #11

Henery Ford (ass though he could be at times) Volaris Feb 2013 #28

+1,000,000 AngryOldDem Feb 2013 #39

This. Starry Messenger Feb 2013 #51

You forgot customerserviceguy Feb 2013 #62

this is true Puzzledtraveller Feb 2013 #8

Maybe the Waltons could give back a billion or three. WinkyDink Feb 2013 #17

We've been going to the local... Blanks Feb 2013 #18

Their reopenned fabric sections are crap shadows of their old crap fabric sections. They mistake ... marble falls Feb 2013 #46

My sisteer is a quilter. SheilaT Feb 2013 #59

Walmart has cheap thin cotton. Manifestor_of_Light Feb 2013 #72

I don't think real fabric stores exist any more. SheilaT Feb 2013 #73

We have one that's both a fabric and yarn shop. knitter4democracy Feb 2013 #74

Please check out this pic of a REAL fabric store. Manifestor_of_Light Feb 2013 #82

Wow. Thanks for the posting. SheilaT Feb 2013 #84

People now go to the dollar stores. tblue Feb 2013 #53

The Dollar General and Family Dollar stores... Blanks Feb 2013 #63

Well ya do what you can. tblue Feb 2013 #75

There aren't the mom and pop shops like there used to be. Blanks Feb 2013 #76

Well, here ya go! pengillian101 Feb 2013 #79

If every other business followed Walmart's approach to its workers malaise Feb 2013 #19

I regret having to shop there on occasion. Rain Mcloud Feb 2013 #20

I can count on one hand 47of74 Feb 2013 #24

seniors changed shopping habits grilled onions Feb 2013 #21

Excellent post! BlueCaliDem Feb 2013 #52

No jobs, no money for Wally. nt greytdemocrat Feb 2013 #22

It's pretty well known... sendero Feb 2013 #23

We're not broke. We REFUSE to shop at Wal-Mart. marble falls Feb 2013 #26

Ditto. Would rather drive 100 miles to find it somewhere else if necessary. BOYCOTT Wal*Mart! Coyotl Feb 2013 #32

I'm with you, boycott them. marble falls Feb 2013 #45

I had a recent Walmart experience eilen Feb 2013 #27

Can I Buy Goodwill Stock? Dirty Socialist Feb 2013 #29

You can get a lot of nice stuff at Goodwill. AngryOldDem Feb 2013 #40

The Goodwill near my house is always crowded. n/t RebelOne Feb 2013 #49

The Goodwill near me is more crowded than Walmart Digit Feb 2013 #80

People have no money Squaredeal Feb 2013 #31

Huh? What's with the total downer? Coyotl Feb 2013 #35

Due, of course, to 30+ years of supply side economics. PotatoChip Feb 2013 #42

Wait until the sequester goes into effect. dgibby Feb 2013 #33

Bang! nt DollarBillHines Feb 2013 #78

I guess the Waltons will be the biggest backers of an increase in the minimum wage Coyotl Feb 2013 #36

walmart is #1 in American gun sales, bet they close poverty areastores and move groceries to online. Sunlei Feb 2013 #37

It makes no sense for a business to work so hard to get right wing policies passed when the net gtar100 Feb 2013 #41

Well said. PotatoChip Feb 2013 #44

LOL The Wal-Mart executives blamed the hike in payroll taxes Live and Learn Feb 2013 #43

How about paying a living wage, Walmart. Lex Feb 2013 #48

ding ding ding Exultant Democracy Feb 2013 #61

Price of energy=less $ for everything but essentials. MichiganVote Feb 2013 #50

I watched video of an Anheuser Busch convention speech by I think Auggie III. brewens Feb 2013 #54

We used to go to Walmart every so often...til Target showed up. dkf Feb 2013 #55

Polictical Winds of Change are Wellstone ruled Feb 2013 #56

To win a Ponzi scheme, you have to get out. Robb Feb 2013 #58

I have not shopped at WalMart since I discovered Aldi. VenusRising Feb 2013 #60

Aldi Rosa Luxemburg Feb 2013 #65

They pay their employees very well. VenusRising Feb 2013 #68

I've never set foot in a Walmart and I never will. Zoeisright Feb 2013 #64

Good stealth Krugman video. hay rick Feb 2013 #66

I fucking hate Walmart easttexaslefty Feb 2013 #67

"And where�s their money?� Geiger asked. magical thyme Feb 2013 #69

I predicted this result about twelve or so years ago and I am no economist... 1monster Feb 2013 #70

In my area most W-mart shoppers are repugs bhikkhu Feb 2013 #71

Lots of people REALLY don't like seeing other people taken advantage of. They may not say patrice Feb 2013 #77

You, Mr. Geiger are no Mr. Ford (who gave wages enough to buy his product). Whisp Feb 2013 #81

Live by the sword cyglet Feb 2013 #83