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Wal-Mart is only in phase one of this concept. They are fighting to be competitive and keep prices lower. They are able to do this by the large number of stores buying power. This buying power enables them to make demands on the suppliers that cut into 'their' profits. Add this to reduced benefits for the employees and Wal-Mart can drive the local businesses out of business.
Once this is done then they will go into phase two. That will be laying off all current employees and hiring only illegal aliens to work for 2 burritos and 38¢ per day. The 38¢ will be paid in script that is only good at Wal-Mart. All benefits will be dropped and the savings will be passed to the consumer until such time as Wal-Mart is a monopoly. Once they are a monopoly prices will again be restored to pre-phase one level. As profits exceed those made by all the major oil companies, the CEO will vote in a bonus relieving the company of all the excess capitol.
Disney all started with a Mouse. Wal-Mart started with a loaf of Arnold bread, a banana, and a 6 pack of Fruit-of-the-Loom underwear! It's the American Dream….
At that point a new president will be elected promising 'change' and the strategy begins all over!
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