correspondent Hedrick Smith examines the growing controversy over the Wal-Mart way of doing business and asks whether a single retail giant has changed the American economy.
A hundred to one says that Mr. Smith doesn't acknowledge the government has done several magnitude more harm to the economy than he implies Wal-Mart has.
I appears that PBS will be aggravating the disease/cancer by promoting the treatment of the symptoms with Bad-Aid relief. Allowing the cancer to spread further -- perhaps devouring Wal-Mart.
Wow! Jobs, jobs jobs and more jobs!Rep. Bill Archer, Chairman, House Ways and Means Committee:
"A recent survey was done, in Europe and Japan, of the major corporations and I was astounded at the results. They were asked, 'If the US abolished its income tax and went to a sales tax, would that have any impact on your decisions?' Eighty percent of the corporations said they would build their factories in the United States of America. Twenty percent said they would move their international headquarters to the United States of America."
Abolishing the IRS and implementing the Fair Tax (NRST) with an average 22% reduction in the cost of producing/manufacturing products the RCA plant and virtually al U.S. based companies would have a competitive price advantage against exports and imports..