An economy that derives 70% of its GDP from consumer spending cannot sustain stable growth when average consumers don’t have money to spend. Is that really so hard to understand? Henry Ford got it way back when. But, as long as Walmart can rely on the big, bad old government to feed its employees via food stamps and other subsidies, hey, who cares!Yay Walmart, boo government, get out of my foodstamps!
… oh, wait…..
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