On June 16, 2019 at 21:02, Dean Roddey said...
Everyone knows perfectly well the most fundamental aspects of personal economics. If you spend and don't save, then you are screwed when it goes south. And if you spend a lot more than you have you are screwed when it goes south. That's all anyone needed to know to avoid the problem.
The issue is that a lot of "everyone" can't afford to save enough to make a difference. A flat tire will wipe out most americans current savings account.
Everyone knew what Walmart was. It was widely discussed when they started being built. It was in the news a lot. I remember it well. Walmart was successful because people wanted cheap stuff more than they wanted to support mom-n-pop stores. If all of us had continued supporting those mom-n-pop stores, it wouldn't have mattered in the slightest what Warmart did.
The average poor person knows one thing about walmart. It costs less. They dont have the time or money to do anything about it.
The public absolutely has control over what businesses are successful by either doing business with them or not. They clearly chose to do business with Walmart.
You mean the public with the good fortune to decide where they buy their food/goods.
