Founded by Sam Walton in 1962 store #1 is in Rogers, Arkansas. Today Walmart is the world's largest employer (2 million) and largest retail company ($450B). Wal-Mart built by people, not as idiot Obama says by the government.
Today 4,300 stores are making $36M bucks per hour. Over 100M customers per week! If Wal-Mart were a country it would be 19th largest in the world.
More than anything else, Wal-Mart is a classic American success story. Wal-Mart pays (not takes) $6B in taxes annually, incidentally.
So Wal-Mart is the perfect target for those indulging in petty class-warfare - like Obama and the SEIU.
Wal-Mart says its customers are being squeezed. ‘I don’t think the economy is helping us,’ Charles Holley, Wal-Mart’s CFO notes. ‘Our customer is still very concerned about employment.'
Employment? Oh. Holley must be talking about the seventeen-million jobs Obama LOST...not the two-million jobs that Sam Walton created.
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