I Wonder What The Problem Could Be?
Robert Reich just reports because this stuff writes itself.
It would appear that MalWart just announced it third straight quarter of declining sales and William S. Simon, the CEO, has figured out that his customers income is going down while costs aren’t.
Mr. Reich thinks he might consider giving his employees a raise that might enable some of them to get off all of the public assistance programs they now qualify for, but that would never occur to Mr. Simon who can’t figure out that MalWart is the largest single employer of its customer base.
Between the cut in food stamps and the possibility of another government shutdown in December, I don’t think it is unreasonable to assume that MalWart will have a rather bleak Christmas season, and will post negative numbers for all of 2013.
November 16, 2013 3 Comments
