Tex, what, specifically, do you mean by "consumer surplus maximazation"?
What is the starting wage at Walmart, and for productive employees after one year on the job? Many people are able to live better with Walmart than they did before Walmart according to infrequent news stories. Has the average wage of Chinese people risen or dropped in the past ten years? Isn't China the nation with the fastest growing 'middle class'?
I believe "the poor" CAN and DO eat steak either at home, or as a treat when eating out. They CAN and DO purchase it with their food stamps, BTW. Eating at McDonalds often is a family event and going out for steaks is not, if for no other reason than that many small children (and some that are not so small!) much prefer hamburgers, hot dogs and chicken strips to steak.
I don't believe it is the political system we have had which is to blame for our financial condition, but it is the manipulation of it by liberal politicians going back to FDR, and the ruination of some businesses by Union demands, plus the immoral and illegal activities of relatively few people in the financial industries.
The current mudslide into socialistic governmental policies will only make the financial woes worse, IMO.
However, we have strayed quite a way from the original subject of the thread, which is lies spread with intent of harming a business. That serves no one well, is immoral, and a real
[email protected]#!! act when the original perpetrator hides behind the anonymity of the internet while falsely claiming the person and organization whose names appear on the post originated it.
THat you defend the letter as being "facts that are true" is despicable. Don't you understand that???? No matter how much one dislikes international trade and?or corporate businesses, which you obviously do, does not make it right to perpetuate these lies.
mrj
R