Economy: Economic News, Policy & Analysis - The Washington Post: Has Wal-Mart been good or bad?

Economy: Economic News, Policy & Analysis - The Washington Post
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Has Wal-Mart been good or bad?
Nov 25th 2012, 01:36

There's lots to agree with in Peter Suderman's 17-part Twitter defense of Wal-Mart (which was inspired by this discussion on Saturday's "Up With Chris Hayes"). Wal-Mart's low prices do primarily benefit low-income consumers. Wal-Mart's low wages are not really that low, at least when compared with the prevailing wages in the retail sector. Wal-Mart's executive class does make a lot of money, but not enough to move the dial on employee pay.

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