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It's not a problem either. Oh noes, lower costs of production! More efficient business practices!


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If by lower costs of production you mean firing a ton of people and lowering salaries so that real wages end up going down even though prices drop then yeah. And it's a problem.

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A problem for who? Not me! A lot more people *shop* at wal-mart than work there (or for their suppliers).

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When in doubt, change the argument!

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What am I changing? I'm merely asking who this is a problem for.

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The "problem" is not the low prices. It is that the prices get jacked up to higher levels once the competing firm exits the market.

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I don't see *that* as a problem either.