The effects of Wal-Mart
I don’t doubt that an economy without Wal-Mart would mean higher prices for U.S. consumers. We can quibble about the $ amount, but they do get our attention with that provocative sign, which is the *only* flashy thing you’ll see when driving along Walton Blvd in Bentonville. Come to think of it, Bentonville is probably the best example of what Wal-Mart has done for the U.S. generally, especially small-town America. I’ve visited northwest Arkansas many times over the past 25+ years. The Bentonville-Rogers area has been transformed from a relatively unsophisticated place to enjoy the outdoors (with beautiful natural features, such as rivers, lakes, and limestone caves) to a reasonably cosmopolitan place with a few outstanding restaurants, access to good shopping, and things like a W “aLoft” hotel — in the span of only a few years. All because of… Wal-Mart.
