The Wal-Mart Economy

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This Jane Galt post references a piece by Daniel Gross about Wal-Mart.

Faulting Wal-Mart for America's wage stagnation is also unfair. Retail is an industry not known for developing employee skills. No matter how much it needs workers, Wal-Mart won't offer defined benefit pension plans or health insurance coverage for retirees. And neither will virtually any retailer that relies largely on low-skilled, temporary workers.

Interesting stuff.

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