While checking on the beginning of Wal-Mart's press lovefest today, I took a spin over to
http://www.walmartfacts.com and found
this letter from the Los Angeles Times:
As a business owner who has added over 200 jobs since becoming a Wal-Mart supplier four years ago, I can speak to Wal-Mart's immensely positive impact on my California-based operation. I also know of many fellow entrepreneurs that have relied on their business with Wal-Mart to grow their companies and created much needed jobs.
The author is Charlie Woo, the CEO of a company called Megatoys.
Thanks to Google, I found their website. Megatoys describes itself
this way:
Megatoys is an internationally known toy manufacturing, import/export, and wholesale company headquartered in downtown Los Angeles, with sales office in Hong Kong and manufactured facilities in China.
Hey Wal-Mart! If your suppliers add jobs in Los Angeles, but set up their manufacturing facilities in China that's going to be a net loss for the American economy jobs wise because it takes more workers to build things than to import them.
The miserable greedheads want all the credit for the jobs they create and none of the blame for what they destroy at the same time. My eleven-year old is more responsible than that.
JR