- Feb 12, 2007
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Like hell they do.Wal Mart destroys small businesses.
They do. They drive them out of business. Shit made in China brought here and sold cheap as hell small businesses can't keep up.
Wal-Mart is hardly the only store to sell cheap stuff from China. And cheap stuff from China greatly benefits low income workers. You can't hide from labor competition.
That said, our government distorts the labor market via expensive regulations and excessive taxation. When it's cheaper to do business elsewhere, business will move operations.