No kidding! Wal-Mart blames food stamp cuts for low profits

kidrocks

Gold Member
Jan 23, 2012
3,315
380
AHA!

Who'd a thunk it? Wal-Mart dependent on those low information, 47% food-stamp moochers!

LOL... and I love it! :razz:





Wal-Mart guides lower

Discount retail giant Wal-Mart added to Wall Street's gloom on Friday, slicing fourth quarter guidance from its original estimate as it blamed a litany of negative factors for the lowered expectations.

Wal-Mart said earnings for Q4 would be "at or slightly below the low end" of its $1.60-$1.70 per share range. The retailer faulted the federal government's reduction in food stamps—significant because most of its clients are lower income buyers...
 
Cutting food stamps has an immediate effect on the food industry, why would it not?
 
Goes to show you how Obama is propping up the economy.


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