Quote:
Originally posted by 33girl
Thanks Rudey - that's exactly what they mentioned in this news story I saw, that Walmart pays such crap wages that they have to use government benefits, so Walmart is in effect having the public support many of their employees.
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Well it's not just what they do - it's their intent that's important. Offering advice on how to get aid is intentionally asking for government subsidies to your business. It is exactly the kind of lawsuits they are lobbying so hard against to make sure don't occur.
All in all, it is a good business. It's slightly overvalued and the question is where are they going to find new ways to bring in money. They've already expanded pretty heavily into Mexico and China. In fact I think they are the largest retailers in both those countries.
-Rudey