What that means is that Walmart has figured out that in Socialist/Statist countries with leftist control, they must worship at the altar of the state and buy - overtly and otherwise - influence where influence is to be had.
They have also figured out that as a capitalist enterprise, they must curry favor with the party in power, and they have long been vulnerable to a possible power shift from the Republicans to the Democrats. That power shift is now complete, and Walmart must reposition politically to find new allies to counter the anti-Walmart, anti-profit, anti-globalization, pro-Labor coalitions within the Democrat party.
No surprises here .... and it is not very complicated at all.
Thanks for the excellent analysis.
I think they are trying their best to stay alive in the era of Baraq. If they can trade healthcare support for staying non-union, that may be the best they can hope for in this environment.
I knew they'd stop selling those items in urban locations, but still I was shocked when stopped here. (Camo can be stilled be considered formal dress ware - after October)
For Walmart, this also would level the playing field, so to speak.
If Walmart and all its competitors have to provide insurance that meets a minimum government standard the competitive advantage for companies not currently providing health insurance is eliminated.
Furthermore, Walmart’s huge size and buying power could very well give it a competitive advantage when shopping for a corporate policy.
So it follows that an unintended side effect of this intrusive government action is that it could very well strengthen Walmarts position.