Wednesday, August 21, 2013

Walmart's Latest Strategy to Replace the Middle Class With an Underclass Forced to Buy its Shortlived, Shoddy Goods | Alternet

Walmart's Latest Strategy to Replace the Middle Class With an Underclass Forced to Buy its Shortlived, Shoddy Goods | Alternet
"Almost 30 years ago, as the U.S. was bleeding jobs, Walmart launched a "Buy America" program and started hanging "Made in America" signs in its 750 stores.  It was a marketing success, cementing the retailer's popularity in the country's struggling, blue-collar heartland.  A few years later, NBC's Datelinerevealed the program to be a sham .  Sure, Walmart was willing to buy U.S.-made goods — so long as they were as cheap as imports, which, of course, they weren't."