Wrong, rising tide lifts all boats, transferring wealth from the top to people who consume more creates more jobs for the lower and middle class. The real wages of workers have stagnated as big corporate taxes were lowered and rates of unionization decreased, in fact real wages haven't grow since the 1970s eve though productivity has increased. The richest meanwhile have increased earnings 700% clearly there is an issue here, forcing that 700 percent downward will help everyone else.Society as a whole is not, which includes low income people.
Everyone accepts food stamps, which is why your argument that stores paying living wages hurt the poor, the poor aren't paying out of pocket for food now, so slightly higher prices cannot hurt themAnd? So are plenty of other stores. The way you cite the datapoint, you'd think Walmart was the only store in the economy that accepted EBT...
It is very possible that some customers did not want to shop at WM on Black Friday because of poor customer service. Store sales were down on that day.
There are other factors involved here. People may have wanted to avoid the heavy, rude crowds. They may have wanted to not waste a lot of time in a checkout line. They may have also wanted purchases without taxes. Black Friday WAS down, but Cyber Monday (IE: the Monday after Thanksgiving) set all time records:
Originally Posted by ChomskyOriginally Posted by OrphanSlug
"No religion is true, but some religion, any religion, is politically necessary. Law and morality are insufficient for the large majority of men. Obedience to the law and to the morals are insufficient for making men happy. […]Law and morality are therefore in need of being supplemented by divine rewards and punishments."