Quote:
Originally Posted by detbuch
Actually, the consumer is not responsible for net jobs lost by buying from Walmart. The money the consumer saves by buying at Walmart will be spent elsewhere in the economy, creating or saving other jobs.
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I think it's a fair observation that the "big box" stores in general have had a tremendous impact on modeling consumer behavior.
They can both leverage their buying power as well as squeeze the manufacturer to reduce costs. While the consumer might see an increase in variety and cheaper prices, the flip side is lower quality products or people buying junk they really don't need...while still racking up a lot of debt.
-spence