If Wal Mart increasing its wages
would erode its margins, then it stands to reason that ABC Co. raising its wages would do the same thing. And, of course, margins would indeed erode as long as prices stayed constant. So, he is apparently OK with other companies having eroding margins as long as Wal Mart does not. More to the point, since Wal Mart does not listen to anyone tell them how to run their company, they need pipe down. Take care of your own house.
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Where are we going? And why am I in this handbasket?
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