“Purchases are really dropping off by the end of the month even more than last year. This end-of-month [purchases] cycle is growing to be a concern.”-Mike Duke, CEO WalMart

WalMart executives are doubting claims of an economic recovery, because their sales are down.

Most WalMart shoppers are low income workers who live paycheck to paycheck.  CEO Mike Duke said because of inflation (which official government agencies deny is happening) their customers are running out of money, faster than ever.

Duke admitted that WalMart had to raise prices on produce, but tried to compensate by lowering prices on electronics, but you can’t eat electronics.

WalMart officials are now going to try to lower all their prices, in the hopes it might boost their falling sales.