Even WalMart is reducing sales expectations

[kcwayne]

WalMart lowers growth expectations

While WalMart is hitting on all cylinders in reducing costs through their supply chain to lower end purchase price, they are finding it tougher to grow sales.

It's not rocket science, price is relative. If you do not have disposable income, it doesn't matter how cheap WalMart can sell goods for. As the growth prospects in the US continue to dim as our population increasingly struggles to survive economically due to lower wages and job loss, WalMart cannot even look to the countries that are making the goods to grow volume, since the workers in those countries have even less disposable income than the declining US.

WalMart will simply have to move from a model of virtual slavery to actual slavery in the supply chain, and lower the wages of WalMart workers to the point that products can be sold to people who make $2.00 an hour. Of course, the Repukes will kick in and do their part to lower the standard wage requirements in the US to "grow the economy" the same way their tax cut plans have.

[LiberalKid]

1. Heh. n/t

[cthrumatrix]

2. and the software companies "missed" as well

[SoCalDem]

3. Dad's lost job is not replaced, the cards are maxxed out, and

even "falling prices" (thud!) cannot continue forever..

[Bonhomme Richard]

4. The Law of the Commons...It's simple.............

You cannot sustain indefinite growth using a short term advantage. In the end everyone suffers. That's all Walmart has done and by driving down suppliers profit and forcing them to manufacture overseas they are killing their customer base because the competition is forced to do the same as they are in-order to compete. Therefore fewer decent paying jobs (or as in the law of the commons, less weight on the livestock). A vicious downward spiral and the only one to benefit in the short term is the organization that starts it.

[IrRationalRose]

5. Wal Mart is done. They have never had growth. It's all Ken

Lay 'smoke & mirrors'. They will soon lie on the dungheap of history.

[Kathy in Cambridge]

6. Oh boy

:eyes: