Erin Burnett: ‘Walmart Raising Prices Exposes the Black and White Reality that Trump’s Campaign Promise Was False’

RUSH EXCERPT:

BURNETT: “So who then will be absorbing some of these costs? Well, main street America, everybody who shops at Walmart and that is almost everyone. Walmart is the biggest retailer and the biggest private sector employer in the United States. Now, according to capital one, they did all this research on Walmart. It‘s fascinating. They say 95% of Americans shop at Walmart. Walmart shoppers visit an average of 67 times a year, and people who shop at Walmart spend 13.5% of their shopping dollars at Walmart. The average Walmart shopper, a woman with a household income between 40 and $80,000. So Walmart raising prices is not a small business. It is American business as Americans know it. And Walmart raising prices exposes the black and white reality that Trump‘s campaign promise was false.”