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All true - WalMart has done an outstanding job in inventory and supply control; a lot of companies should do so well.
OTOH, now WalMart is the largest company in the US (in terms of sales and employees), yet many of their employees qualify for social assistance.
According to this,
http://alternet.org/walmart/26609/
A congressional report estimates the taxpayer pays $2100 per WalMart employee in welfare costs, for a total of 2.5 Billion dollars annually.
There is much at WalMart worthy of imitating. But socializing their costs while privatizing their profits is not one of them.
All true - WalMart has done an outstanding job in inventory and supply control; a lot of companies should do so well.
OTOH, now WalMart is the largest company in the US (in terms of sales and employees), yet many of their employees qualify for social assistance.
According to this,
http://alternet.org/walmart/26609/
A congressional report estimates the taxpayer pays $2100 per WalMart employee in welfare costs, for a total of 2.5 Billion dollars annually.
There is much at WalMart worthy of imitating. But socializing their costs while privatizing their profits is not one of them.
