Quote:

There's this thing called competition in business, perhaps you've heard of it?



His point was that just because Wal-Mart came in and hired 100,000 people in 50 new locations doesn't mean that they didn't close down 500 smaller stores in the surrounding area causing the loss of more jobs than they created.

It's things like that that make these little factoids about employment increases look good, but overall unemployment to go down; and the "quality of employment" measurement, which is never mentioned anywhere, to go WAY down.

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