Perhaps if the GOP put as much effort in to working with Obama on fixing the economy and putting Americans back to work as they do in trying to deny a long neglected segment of their fellow citizenry access to affordable health care through childish tactics and political theatrics, this might not be such a problem:
Wal-Mart Stores Inc. (WMT) is cutting orders it places with suppliers this quarter and next to address rising inventory the company flagged in last month’s earnings report.
Last week, an ordering manager at the company’s Bentonville, Arkansas, headquarters described the pullback in an e-mail to a supplier, who said others got similar messages. “We are looking at reducing inventory for Q3 and Q4,” said the Sept. 17 e-mail, which was reviewed by Bloomberg News.
U.S. inventory growth at Wal-Mart outstripped sales gains in the second quarter at a faster rate than at the retailer’s biggest rivals. Merchandise has been piling up because consumers have been spending less freely than Wal-Mart projected, and the company has forfeited some sales because it doesn’t have enough workers in stores to keep shelves adequately stocked.http://www.bloomberg.com/news/2013-09-25/wal-mart-cutting-orders-as-unsold-merchandise-piles-up.html
The Gadfly is not in any way an apologist for Walmart, but even the gazillionaire Walton family members at some point have to recognize the stark reality that their chosen form of organized worship, consumerism, will wither on the vine if there isn't a stable supply of working people with the means to purchase their increasingly imported and shitty products.
Money it's a crime
Share it fairly but don't take a slice of my pie
Money so they say
Is the root of all evil today
But if you ask for a rise it's no surprise that they're giving none away
away...
away...
away...
----TFG
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