> From: Dan Minette <[EMAIL PROTECTED]> > > From: "The Fool"
> > > Do you exclude food from your calculations? (Most food isn't grown in > > Red China) > > No, I didn't realize that certain things "didn't count" as products for > you. But, I'll be happy to look at non-food items as a catagory. The > superpermarket sales (which clearly includes non-food items, but what the > heck) is about $50 billion. That leaves almost 250 billion in non-food > sales. Because most wal-marts don't have a supermarket section? > > >Do you also exclude srevices wal-mart has like their automotive service > dept? > > Are you seriously arguing that the $18.95 lube special is a significant > portion of the Wal-Mart income? I'd guess that this would be balaced out > by the non-food items sold in the supermarket, but let me be very very > generous and assume that these sales amount to about $20 billion/year. > That still leaves about $220 billion/year. 15 billion is about 7% of that. > Well under 10%. > > Unless you can find a way to make about 90% of Wal-Mart's sales "not count" > for one reason or another, your statement is false. I've been very > generous in granting you the right to exclude things, and still end up with > less than 10% from China. Are you seriously saying that walmart sells for $1.00 goods for every $1.00 of goods they buy? I thought they made 3.x % profit after taking out the percentage for average pay for workers (including--if any--benifits) and sales taxes. Then list for us how much in goods they get from other countries like mexico, honduras, india, taiwan, japan, korea, etc. _______________________________________________ http://www.mccmedia.com/mailman/listinfo/brin-l
