Thursday, July 5, 2012

Is Wal-Mart Destroying America? 20 Facts About Wal-Mart That Will Absolutely Shock You

Michael Snyder, Contributor
Activist Post

America absolutely loves Wal-Mart. 100 million customers visit Wal-Mart every single week in this country. But is Wal-Mart good for America? That is a question that most people never stop and ask.

Most of us love shopping in big, clean stores that are packed with super cheap merchandise, but the truth is that Wal-Mart is destroying America in a lot of ways.

As you will see below, Wal-Mart has destroyed tens of thousands of small businesses and countless manufacturing jobs over the past couple of decades. Wal-Mart has become a gigantic retail behemoth that sells five times more stuff than any other retailer in the United States. Unfortunately, about 85 percent of all the stuff sold at Wal-Mart is made overseas. What that is costing the U.S. economy in terms of lost jobs and lost revenue is incalculable. But Wal-Mart is a perfect example of where our economic system is headed.

Our economy is becoming completely and totally dominated by highly centralized monolithic predator corporations that ruthlessly crush all competition and that will stoop to just about anything in order to cut costs. In the future, will we all be working for gigantic communal entities that funnel all of the wealth and economic rewards to a very tiny elite? That sounds very much like how communist China works, and red-blooded Americans should want no part of that. America is supposed to be about free enterprise and competition and working together to build up this country, and Wal-Mart is destroying all of that.

The following are 20 facts about Wal-Mart that will absolutely shock you....

#1 The average U.S. family now spends more than $4000 a year at Wal-Mart.

#2 In 2010, Wal-Mart had revenues of 421 billion dollars. That amount was greater than the GDP of 170 different countries including Norway, Venezuela and the United Arab Emirates.

#3 If Wal-Mart was a nation, it would have the 23rd largest GDP in the world.


#4 Wal-Mart now sells more groceries than anyone else in America does. In the United States today, one out of every four grocery dollars is spent at Wal-Mart.

#5 Amazingly, 100 million customers shop at Wal-Mart every single week.

#6 Wal-Mart has opened more than 1,100 "supercenters" since 2005 alone.

#7 Today, Wal-Mart has more than 2 million employees.

#8 If Wal-Mart was an army, it would be the second largest military on the planet behind China.

#9 Wal-Mart is the largest employer in 25 different U.S. states.

#10 According to the Economic Policy Institute, trade between Wal-Mart and Chinaresulted in the loss of 133,000 manufacturing jobs in the United States between 2001 and 2006.

#11 The CEO of Wal-Mart makes more in a single hour than a full-time Wal-Mart associate makes in an entire year.

#12 Tens of thousands of Wal-Mart employees and their children are enrolled in Medicaid and are dependent on the government for healthcare.

#13 Between 2001 and 2007, the value of products that Wal-Mart imported from China grew from $9 billion to $27 billion.

#14 Sadly, about 85 percent of all the products sold at Wal-Mart are made outside of the United States.

#15 It is being reported that about 80 percent of all Wal-Mart suppliers are in China at this point.

#16 Amazingly, 96 percent of all Americans now live within 20 miles of a Wal-Mart.

#17 The number of "independent retailers" in the United States declined by 60,000 between 1992 and 2007.

#18 According to the Center for Responsive Politics, Wal-Mart spent 7.8 million dollars on political lobbying during 2011. That number does not even include campaign contributions.

#19 Today, Wal-Mart has five times the sales of the second largest U.S. retailer (Costco).

#20 The combined net worth of six members of the Walton family is roughly equal to the combined net worth of the poorest 30 percent of all Americans.

All over the country, independent retailers are going out of business because they cannot compete with Wal-Mart and their super cheap Chinese products. Often communities will give Wal-Mart huge tax breaks just to move in to their areas. But what many communities don't take into account is that the introduction of a Wal-Mart is often absolutely devastating to small businesses....

A study of small and rural towns in Iowa showed lost sales for local businesses ranging from -17.2% in small towns to -61.4% in rural areas, amounting to a total dollar loss of $2.46 BILLION over a 13-year period.

When we buy stuff made by people working for slave labor wages in China, we destroy good paying American jobs and we make America poorer. This is a point that I have tried to make over and over.

Wal-Mart often tells one thing to the public and then does another thing in private. Sadly, the truth is that Wal-Mart does not care about U.S. manufacturing jobs. Wal-Mart just wants to get products as cheaply as they possibly can, and most of the time that means getting them from China.

Just check out this first-hand testimony from an 81-year-old retired apparel manufacturer....
I was president of the Southwestern Apparel Manufacturers Association. There was ameeting sometime between 1985 and 1990. Walmart had contacted our organization and asked if they could meet with us at our beautiful Apparel Mart we had here in Dallas, which has now been razed, because all the independent merchants don’t exist that used to come to it. Two people from Walmart came down and they said they were going to be sourcing goods from overseas and we would have to meet those prices for consumer products and to get ready for it—we are going to be sourcing the world. Walmart was the only company that came out and said this. 
It was sort of shocking: I was selling them some merchandise at the time. On the back of their trucks it was saying 'Bring it Back to America!' They had the big 'keep it in America' program going at that time on the big signs in the stores. Meanwhile when I reminded the buyer of that, she told me, 'that is just for domestic consumption, we’re going to buy at the cheapest we can anywhere on earth.'
As I have written about previously, the United States has lost more than 56,000 manufacturing facilities since 2001.

We are losing millions of good jobs that cannot be replaced. If you can believe it, the United States has actually lost an average of about 50,000 manufacturing jobs a month since China joined the World Trade Organization in 2001.

Last year, the U.S. trade deficit with China was the biggest trade deficit that one nation has had with another nation in the history of the world, and Wal-Mart played a huge role in that.

In fact, Wal-Mart has actually been forcing some U.S. manufacturers to pack up and move overseas. The following is from a recent article by Amy Traub....
Walmart’s market power is so immense that the even the largest suppliers must comply with its demands for lower and lower prices because they cannot afford to have their goods taken off its shelves. Companies that used to manufacture products in the United States, from Levi’s jeans to lock maker Master Lock, were pressured to shut their U.S. factories and moved manufacturing abroad to meet Walmart’s demand for low prices.
Unfortunately, the vast wealth that Wal-Mart is sucking out of our communities is not put back into our communities. The profits are funneled out to Wal-Mart executives and shareholders. We may enjoy the low prices, but very little of the money that we give to Wal-Mart gets recycled in our local areas.

In the old days, you could actually support a family selling electronics or running a general store. But you can't support a family working at Wal-Mart. The vast majority of the jobs that Wal-Mart creates are very low paying. Large numbers of Wal-Mart employees are actually on welfare, and this is part of the reason why we have seen such an explosion in the number of the working poor in America.

At this point, more than 40 percent of all jobs in America are low wage jobs and the middle class is rapidly disappearing.

If we do not support American jobs and American manufacturers they will continue to go away and the welfare rolls in this country will continue to explode.

There is not going to be any prosperity in this country without jobs. Unfortunately, most Americans simply do not understand how good jobs are being systematically destroyed in America every single day.

The path that America is headed on today is only going to end in complete and total disaster. We are being transformed from a wealthy nation into a poor nation. In the end, we will be dominated by a very tiny elite and everyone else will either be among the working poor or will be totally dependent on the government.

Our system is supposed to be about open, honest competition. But that is not what Wal-Mart is about. Wal-Mart is about crushing small businesses and manufacturers here in America and getting us all to buy their super cheap Chinese-made goods.

Shame on Wal-Mart. They are an un-American disgrace.

So what do all of you think about Wal-Mart? Please feel free to post a comment with your thoughts below....

This article first appeared here at the Economic Collapse Blog.  Michael Snyder is a writer, speaker and activist who writes and edits his own blogs The American Dream and Economic Collapse Blog. Follow him on Twitter here.



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63 comments:

Anonymous said...

Excellent article, and my personal views on Wal-Mart are exactly as stated in the opening paragraphs here - they are a Predator.

To tie into my comment in another post about true socialism versus corporate socialism Wal-Mart serves as a prime example of the corporate socialist system.

The corporations get socialist 'care'(favorable trade agreements and worker policies, tax breaks, etc.) from the governments/U.N and are supposed to pass that on to their employees based on how they work.

Yet the amount of 'care' going into the corporations is far greater than what the corporations give back out to their employees or society in general, despite the fact most of the corporate fat-cats do far less work and keep far more of the profits.

This is the same system used by the Nazi's and Soviets and many other so called 'socialist' nations of the past century or so.

True socialism is the only way to truly castrate the power and control over our societies that the elitists have today.

Of course they are going to point to their own corrupted elitist 'socialist' systems as examples of how 'evil' and 'ineffective' socialism is in order to keep people opposed to true socialism.

If the People took control directly through direct democracy and nationalized major industries such as banking(shouldn't be an "industry") energy, telecommunications, military arms, etc.(or all industry, though I don't support that personally) 90% of the fat-cats would be left with no money to actually corrupt the system.

90% of the problem today comes from those major industries which are national resources/operations that should not be privately controlled that account for like 90% of the massive wealth the 'elites' have today.

Who wouldn't want to remove their own wealth and power? [/sarcasm]

So go ahead if you want to and swallow their propaganda that true socialism doesn't work or is outright 'evil' and make sure you remain a slave to them forever.

The Yoke's on you...

Passionate Pragmatist said...

I've been out of work for almost two years and Walmart won't hire me. Apparently, they don't like employees who can think. Plus I'm over-qualified.

I've always hated Walmart and their cheap crap, but mostly what their presence has done to mom and pop businesses.

I liked the freedom of choice about where to shop before the days of Walmart. They've destroyed that freedom and the ability to buy American made products.

They are a cancer that just keeps metastatasizing.

Anonymous said...

The vast amount of wealth Walmart is sucking out of our communities also includes the subsidies the retail giant gets from cities to build new stores based on the logic the city will get that money back through sales tax revenues and the "creation of new jobs" - even though the supposed return on investment can take well over a decade. This muddled reasoning doesn't take into account that when Walmarts move in smaller grocery, hardware, and clothing stores go out of business - those jobs are lost and therefore the net gain is minimal, if any. In my neighborhood we immediately lost an ACE hardware store and several area Albertson's stores when a Super Walmart moved in using $14 million in taxpayer handouts to fund the land purchase, building, and road improvements. Less than a year later, we also lost an electronics store and two area department stores. Another Walmart, closer to our big city's center and built a few years earlier, received $12 million when the city seized prime commercial real estate under eminent domain (occupied by several stores and restaurants) and gave it to Walmart free of charge.

VISINEQUEEN said...

its sad the majority of people wont even comment or say something bc they themselves are guilty of feeding wal mart their money.

Anonymous said...

Wal-Mart was kicked out of Germany. It could not make it. Go Germany!

Anonymous said...

Government is to blame, they allowed this to happen. This government of the corporations, by the people, for the corporations.

strangerthanfiction said...

Walmart wouldn't hire me, either. In fact, last time I answered their computer "hiring" survey thing, the "online application" as they call it (what a f333333 joke), it said I couldn't reapply for six months. I asked around and a couple people said if you gave all the "right" answers, they'd figure you'd be a snitch so they wouldn't hire you, because so many of the managers abuse drugs, screw around on the clock, and make people work off the clock under threat of firing.

Bill said...

Be more conscious about your purchases and learn to promote and embrace independent, local specialty stores like butchers, farmer markets, etc. Maybe even creating a well-organized and simple pamphlet about Wal-Mart and hand them out in front of Wal-Mart. 85% of good sold in wal-mart are chinese made...that should get any american riled up.

elamma said...

I hate Walmart! I never shop there, and won't even go into one of their stores for any reason...
They are a cancer that needs to be eradicated.

Anonymous said...

Wall Mart did not do this the EPA did this. I buy things at the store that are exactly the same as any other store but cheaper. I do not support unions either . But i am an American we should all start being American

Anonymous said...

money.cnn.com/2004/05/24/news/fortune500/walmart_subsidies/

Walmart's received about $1 Billion in subsidies at the taxpayer's expense. At the small business man's expense while government barriers to entry provide more hurdles.

I often struggle to understand why people believe that since the government is controlled by the corporations, we can "use" the government to regulate them into being fair.

Anonymous said...

I totally agree!

Anonymous said...

Wallmart is trying to get their fangs into some big stores in South Africa. One store (MAKRO)already flies a banner outside with the Wallmart parnership logo.

Unfortunately labour is not cheap in South Africa, and it is riddled with trade unions for the black population, which makes out 99% of the work force.
I think Wallmart will have a challenging time in South Africa, and will find that doing business in SA is not that easy.
Labour Union workers strike every year for a increase that is more than inflation, and they get it. That is why a lot of International businesses are closing doors, or taking their labour to India or China and then import the goods to SA.

Anonymous said...

Deregulation, deindustrialisation, free trade, free market, etc. Can you say Ayn Rand, Alan Greenspan, etc.?

Anonymous said...

In Southern WI and Northern IL, WalMart has violated labor laws by locking employees in the stores at night with no way out until the shift bell rings AND violated conservation practices dumping their dirty water onto the ground. I liken this corporation to the present imposter-in-chief; they say one thing but do the opposite. They lie and manipulate for the greater good of themselves and damn the employees and their communities. Yes, they are a parasite in this country. We The People, who do have a little bit of discretionary money to spend have the Power of the Pocketbook. If we, as a mass, boycott WalMart, we can put them out of business. This will open the door for small manufacturers and retail stores to again occupy the vacant buildings they left behind when they were bullied out existence. I would much rather deal with a proud business owner than endure the bad attitude of an under-payed and often abused, angry employee of WalMart.

Anonymous said...

Great article.
Please consider that Home Depot, Lowes, and Target are the same fascist scum, worthy of nothing but a boycott.

Anonymous said...

The corporate retail box stores have replaced the manufacturing in the U.S. Wall Mart is the largest of the retail box stores. The people that work at Wall Mart are working for 10 to 12 dollars an hour. Wages that were paid 35 years ago. Since than there has been 400% inflation. A person with a family of 4 that works at Wall Mart is eligible for public assistance. These corporate retai box stores are called hollow corporations which is defined as a corporation that does not make or produce anything, but are marketing organizations for foreign producers.

Anonymous said...

They sell lighters, so...........

A Dutch guy.

Anonymous said...

This article is what's wrong with America. Or did I miss the part about having a gun held to peoples heads to make them shop there. I'm 52. Doubt I've been in a Walmart store 5 times in my life. We've become a nation of victimized babies.

Anonymous said...

I'm not sayin I think these things r wrong but the prices r good & when ur tryin 2 support a family livin from pay check 2 pay check it would not be possible 2 shop @ the small stores... the good prices r good 4 those of us who don't have a lot of money 2 spend... which I know is many people... if I had the money I 4 sure would help out the small guys but the reality is like many people I just don't... soo there r mixed feelings bout this.

Anonymous said...

Short & sweet & 2 the point :-)

Anonymous said...

Wise words sir!

Benita50 said...

My fiance works for Walmart after retiring from GSA, he has been at Walmart for almost 12 years now, he has his own health insurance,so does not use benefits from Walmart. For medical reasons,I had to move back to Michigan. It used to be the policy of Walmart that when an employee transferred to another Walmart,his status remained, now Marquette Walmart, refuses to allow him full time if he transfers from Edgewood , New Mexico. Marquette, store will only give him part time and he would also have a 10 cent an hour drop in pay. We had to cancel our wedding twice now because they refuse to give him time off for the wedding. I am personally sick of Walmarts continued destruction of family, if Sam Walton was still alive, this would never have happened, he was so proud of his Made in America Store and also treated his employees with respect and dignity and was always pro family. If you cant hardly support a family on full time, how does Walmart expect us to support our family on part time. Walmart SUCKS! I am a widow for 7 years and finally have a wonderful guy to marry, but thanks to Walmart, no Dad for my boys, no husband for me. Thanks Walmart, you just soooo great! NOT!

Benita50 said...

Add to above post, if your a manager with even a year senority, then you can transfer to Walmart anywhere and keep your full time status, but not someone who has given his all for almost 12 years! Walmart, the friendly, against family store.

Anonymous said...

The problem is not Walmart. In fact Sam Walton used to pride himself by selling "made in America" products. But you can't sell it if we are not making it. a lot of the flack about Walmart originates in the Zionist controlled media a group btw, which has no influence on the Walton family.A group which does however, wield enormous influence within the halls of the US Congress and Senate

Anonymous said...

Go Germany? R u 4 real? I no it was nothin 2 do with the subject but... wow!

Anonymous said...

Look 4 another job...

Anonymous said...

Soo true!

Anonymous said...

None of us are forced to support this Chinese company . A little arithmetic should tell the shopper that the deals are not that great . But where else would one go to see such a circus ? Where else could one go to find that much trash on sale in one place ?
The real problem is that the average Yank is a gullible idiot.

Anonymous said...

Lets have some fun! Compare prices:

Wal-Mart VS Office Depot. Same Item same day.....

Wal-Mart 13.00
Office Depot 7.52
Here are the links.

http://www.walmart.com/catalog/product.do?product_id=14875676&findingMethod=rr

http://www.officedepot.com/a/products/309264/Deflect-O-Green-Edge-Leaflet-Holder/

mtthwbrnd@gmail.com said...

Erm, well, er, Walmart is a successful company. What are you arguing for? Less-successful companies?

If you can change one thing, it should be that imports from nations where labour laws are not as tight as here have a levy applied to them to bring the cost up to par with domestically produced supply.

The unfairness comes from on the one hand forcing us to have strict employment laws, but on the other allowing free flow of imports which are produced with lax employment protections. That is the entirety of the problem.

mtthwbrnd@gmail.com said...

"None of us are forced to support this Chinese company." is a common theme.

But that is not true. Most people actually are forced by economic circumstances to seek out the cheapest goods. Even if those goods are inferior. Do you really think that most people buy cheap crap over expensive quality on purpose? Because they want to? No! of course not!

If you need a new bed, a quality one made in your own country will cost around $10,000 - but most people do not have that much money laying around to spend on a bed. So what do they do? They go and buy a $250 piece of junk which will break within 5 years and was produced under environmentally unsound conditions using almost slave labour from China. Do they do it because they want to? No.

The way to stop this madness is to place $10,000 levy on the import bed conditional on the way it was produced and that way more competition will build up in the US and domestic prices would drop and conditions will have to be improved in China to reduce the levy.

Anonymous said...

I once worked for wally world. When I quit, the manager told me to get the hell out of there. Just another gigantic corporation with absolutely no social conscience. Greed and piggishness the American way.

Anonymous said...

We all know what Wal-Mart is. Boycott the place. I no longer shop there. Their prices are no longer cheap, their meats are gross, vegetables are literally rotting on the counter, wash a piece of apparel once and it falls apart. And take a good look at their workers, do they even resemble a happy person?? The only way for these dumps to go down is to boycott.

Anonymous said...

I'd love to tell you what I think of WalMart, but a long string of profanities would not be very useful.

Anonymous said...

Happiness is seeing every China Mart store in the world burn down at the same time ! ! !

BC said...

What's new. Read "The Harmony of Interests" by Henry C Carey in 1850-something. The South won the Civil War. England won the American Revolution. And, America is nothing more than the military arm of the British Empire. Pay your taxes and shut up. The British East India Company rules, you Jack Asses.

Anonymous said...

i hope i live long enough to see walmart fail

Anonymous said...

We shop at WalMart because we can shop and go to the circus at the same time!

Anonymous said...

I'm 52,also, and I have only been in a Wal-mart about 8 times in my life...the last time I went, I was so shocked....nothing but illegals and masses of unruly disrespectful kids running everywhere, it was a shocking display of inhumanity running around....no respect for anyone else at all! Did I say it was packed...YES it was, packed, trashed, and trashy!

Anonymous said...

Want to stop the off shoring then what you need to do is establish an international minimum wage. Since the US is such a big shot, and everyone is being pushed to adopt their culture and be like them, then the minimum wage should be established according to the needs of the average american worker. Do this and there would be a great sucking sound in China, that sound being all the jobs disappearing back to the west. Why is that? The chinese have poor workmanship, which is obvious if you just look at their products. They are a price driven society and quality is just an after thought. The elite cry for globalism, oh we have to have a global society, ok fine make the minimum wage global then, and use the US minimum as the standard. That should be the battle cry.

Anonymous said...

You can become a part-owner in WalMart by buying shares for USD 71.00/share and then you are buying from your own Mom-and-Pop store...
Additionally, probably 50% of Americans with a retirement account probably already have shares in WalMart.
People voted a long time ago on the fate of WalMart and they did so with their wallets, not their conscience.

Rob Gray said...

This article is twisted. Walmart isn't destroying America. Walmart is actually a REFLECTION of America, and humanity itself. Walmart is simply meeting supply and demand. Americans demand cheap products, less driving, less finding a parking spot, one stop shopping. Nobody wants to go to 8 different stores all over the city, wait in 8 checkout lines, waste time and gas, and find that the small stores don't have half the items they're looking for. The "problem" is, nobody cares if they buy stuff made in sweatshops in China, and that America is losing jobs because of it, AS LONG AS THEY CAN GET IT QUICKER, CHEAPER, AND EASIER. If there is something wrong with this, blame it on Americans themselves: they demanded it. That is business. That is reality. Business is all about competition. That's what this country, and the rest of the world, is all about. Walmart is an American success story. Walmart is made by America. And everybody in every country in the world wants a Walmart, no matter what. America is the worlds success story ("success" defined by humanity itself).
With all that said, I think what needs to be done is raising the minimum wage tremendously. That's one solution to making the rich less rich and the poor less poor. Minimum wage has only doubled in the past 25 years, but the cost of everything has perhaps tripled or more. Another thing that is important is taxing the nation by percentage of income. $5000 dollars in taxes per year is like $5 dollars to the rich compared to the poor. But even minimum wage and taxing methods are made collectively by Americans. Not Walmart.

Anonymous said...

I wouldn't go into that toilet for anything. I know that the poor are reduced to buying the cheapest quality crap Wally -World sells, however do they really need a cheap DVD player when they could save the money and go to a decent store for good food?
The company I work for makes gun display cabinets for them and although they are one of our customers, they do not buy many cabinets from us. In fact they are one of the lesser buyers.That does not change my mind about Wal-Mart. Not in any way. I would probably get fired if I spoke out against this bunch of cretins, so, I generally keep my mouth shut when at work.
I avoid Wal-Mart like an STD. They are a parasite, run by the greedy spoiled rotten Walton brats who I wouldn't associate with for anything. They are as evil as Monsatan.(Monsanto)

Anonymous said...

We can not blame Wal-Mart becuase they are number one in their business, cheap prices, competition can never be wrong. S

Sorry but the buyer deserves the best products and services and if small retailers can not compete with Wal Mart it their problem, the buyer is the most important

Anonymous said...

Well, it's a free country and people have the right to not shop at Walmart. If you love your country why don't you say so with your choice of where to spend your money or is that too simple?

Anonymous said...

For you new socialists and outright communists: America needs not go your way; it just needs to go back 30 years to what it once was before the communists, socialists and social engineers amongst us royally screwed everything up. Don't blame Wall Mart. Start with the congress and work your way up to Obolshevic.

Anonymous said...

The patient U.S. and Europe is not just sick they are on their death bed and nothing will bring them back.

Anonymous said...

After reading the "stealing American jobs" line I knew this article was garbage. Walmart has low prices, which means that people can get more for their money. The overseas jobs also lets resources in America be used for something better than manufacturing that can be done cheaper in another country. Simple economics show that this article is silly.

Anonymous said...

America is be destroyed intentionally. Wal-mart is just one piece of the many ways it is being brought down.China basically owns us.According the bible"The debtor is slave to the the lender".Owe no man anything but the debt of love.If we truly loved our neighbor as ourself it would do away with greed. This of course is just my opinion. You know what they say about opinions, "they are lke assholes..everybody has one."

Anonymous said...

I do not shop at Wal-mart on any occasion but extreme emergency. I understand and agree with many of the things being said here. Wal-mart sucks. I am confused by the comment where BC references "The Harmony of Interests". If England had won the American Revolution how could the South win the Civil War? There would have been no civil war between the states! Implying that we should just "shut up and pay our taxes" is ridiculous. We would all definitely be jack asses with that! Refusal to just shut up and pay taxes is what lead to the American Revolution in the first place.

Anonymous said...

See the article: TV: Mind Control Programming Is Dangerous To Your Health by Health Coach http://rensenews.com/new/articles/tv-mind-control.html - For a clue to what got us here.

al said...

okay, if people decided not to work for or buy from WalMart then the problem would be solved. Period.

Anonymous said...

Some years ago I was shoping driven by curiosity at Walmart in Germany.
The quality if products was 10 times worst then from the worst East-European shop in the time of Communism.
Walamrt is worst then the situation of former East Comunist countries 30 years ago. Why you American are so stupid !!??

Anonymous said...

If our american unions weren't so greedy, made be they products could be manufactured in America! Thank the american unions for everything getting manufactured oversees!

Jonathan said...

Yeah we should produce everything we consumer right here in the US of A! North Korea is already pursuing that strategy and the results can only be described as AWESOME! Latin America did it throughout the 80's, aka "the Lost Decade". Yeah, lost in piles of cash!!!...cash that may or may not be worth more as kindling that currency. Its time to resume our economic policy of the interwar years. Those were the good old days!

Anonymous said...

The workesr are crying out for help..When will someone step in and rescue them. I heard that some states and their Labor departments accepts bribes from Walmart, the elected officials and all. If you are fired from a walmart in Virginia, don't even file for unemployment, just look for another jos, or fall off the face of the earth. They are bought!!

Anonymous said...

Thats nothing wrong what GiantWALMART does in today world because it depends on people mind and their individual soul. Do love their individual nation or go for best quality and cheap price to fulfil their daily homes uses items from Oilpin to Aircraft carrier or from ground grass to Pizza lovers. We human being live in the world of uncertainty means materliastic world a world of music, films, fictions, gambling, food and so on... Firstly an individual must have command and perfect on saling and making their products either you sale fruits or spare parts of aeroplane. Secondly, you must aware that Earth is round so human born and human dies may be someone has born more smarter than anyone else beyond your imagination ready to capture your works ethics, your business providing certain formula to clients and customers.Humans have to pay for needs and someone in market provides the same product with good quality in cheaper price which is closed to house and with different choice.There was the time in World when humans fight to humans for nations but business tycoon fight to tycoons.

Sajal Agrawal
Delhi,
Saajalagrawal@hotmail.com

Anonymous said...

sup

Anonymous said...

I steal from Wal-Mart and openly admit this to friends and families. They ask me how come I don't feel guilty for stealing...I tell them I feel morally obligated to steal from Wal-Mart.

Anonymous said...

Oh the irony in the Wal-Mart advertising in the side bar...

Anonymous said...

I'm in a bad mood after shopping at Wal-Mart. Finally, after realizing this, I have stopped shopping there. I can find everything I need to shop for at my local grocery store and other stores. I don't need Wal-Mart. They are a cancer! They are building them everywhere! When will it stop? Build them and fill them with a bunch of crap most people don't even need!

Thomas Messina said...

The complexity of free markets is not something that is always evident. To demonize Walmart is to easy, you don't have to know the facts, (which I do not pretend to know).. A few points I do know, and would like to point out. Shopping at Walmart provides for a need and benefit, it adds value to the lives of millions as we all scrape by on shrinking paychecks and increased cost of living.. The slave labor in third world countries were so much is produced, is not considered slave labor according to their standards. Many of those employed are considered the lucky fortunate and living well within the communities they exist..The fact that we do little manufacturing here in the USA is because everything is over regulated. Regulation = cost, Taxes on everything, at every step of the manufacturing process to bring the product to market. Not to mention the wages and benefits demanded by strong arm unions who's employes have no clue of what an honest work day looks and feels like.The quality and productivity of the american worker is terrible. Especially true in Unions which are molded after socialism, you are not allowed to distinguish / recognize or reward the individual(most productive) employees. incentive is stripped from the individual. No one wants to work harder then his or her laziest counterpart being paid the same money. Pride in work is passé, as is the american work ethic in general. On almost all of the enumerated so called negatives listed I could argue the opposite. I don't care how much the CEO or the corporation makes or what the gross sales amount to, or how many people are employed in the company etc etc.so long as they operate within the law and are not subsidized by the government, i.e. corporate welfare..No Carve-outs If you don't like what Walmart offers it's employees in wages and benefits..then don't shop there and they will do fine without you, you don't have to work there either..I don't do a lot of shopping at W.M.and I'm not the most ambitious person in the workforce, just the same... if working there doesn't make ends meet then I have to do something to change that for myself, were I can earn a better job..or do like so many lazy Americans and live off the government. We have made people so comfortable in poverty /welfare you would have to get a job paying around 38,000. per annum to equal what you can get from the Nanny State, if you know how to play the system..Tom

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