Walmart Rant
In a previous post about Walmart, someone complained that Walmart was the evil corporation that needed to be kept out of town by the local government due it is unfair employment practices.
I don’t know why people are anti-business. We saw the same thing with the oil companies recently. Policitians are also quick to bash a profitable company and give hand-outs to companies that should be allowed to go under. “Walmart sucks because it doesn’t pay its employees $30/hr and give them a ferrari or lamborghini for christmas. Of course I don’t shop there and so I don’t care about their prices. All I care is that Walmart takes care of my constituents and get me re-elected.”
Walmart’s job as a public company is to increase shareholder value. It does this by reducing all costs across the board. If you don’t like this, don’t shop there or work there.
Complaints about Walmart putting mom & pop stores out of business aren’t valid. If you can’t compete on pricing then compete on service. If you can’t do that, move into another business. That’s how capitalism works. If you don’t like that, there are several socialist/communist countries which would welcome you.
Complaining that Walmart puts people out of work is equally stupid. Henry Ford put horse and buggy drivers out of business. John Deere put thousands of farm hands out of business. Maybe we close down all the factories and go back to the stone-age?
Having the government keep Walmart out of town is not the solution. We’re currently in a cycle where its cheaper for us to buy Chinese goods than it is to make them here. That’s the real problem. And because of it millions of manufacturing jobs have been lost and are continuing to be lost. But the government is fixing this problem by devaluing our currency as fast as it can! Eventually our currency will be worthless and a lot of manufacturing jobs will come back!
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December 4th, 2006 at 6:49 am
I also recall reading that Wal-Mart singlehandedly REDUCED inflation last year by something like 1.5% due to keeping costs lower. The people who complain the most about Wal-Mart are the ones who can afford to shop elsewhere, and who can get a job somewhere else too. If you need either one of those things, you won’t want Wal-Mart to leave.
December 5th, 2006 at 10:41 am
Those jobs ain’t coming back no matter what happens to the Dollar…
December 19th, 2006 at 8:42 am
>”Walmart sucks because it doesn’t pay its employees $30/hr and give them a ferrari for christmas.”<
You are setting up a straw man. No one I know has asked for Wal-Mart employees to receive these things.
In the 1970s, GM was the biggest employer in the US. If you were an employee at GM, you got good pay, benefits, and vacation time.
Now, Wal-Mart is America’s biggest employer. If you work for Wal-Mart, you are a part-time employee earning low pay, no benefits, paid hourly with no vacation time.
Wal-Mart recently implemented an on-call policy, where employees were supposed to wait around for Wal-Mart to call them to come in.
A large percentage of Wal-Mart employees qualify for state assistance, so Wal-Mart’s low wages drain your tax dollars. Before you argue about cutting benefits further, you want to cut off that single working mother of three?
Speaking of women, at Wal-Mart, 72% of the workforce and only 10% of managers are women.
I believe these are legitimate complaints and are not pleas for Ferraris.
December 19th, 2006 at 1:15 pm
>If you don’t like this, don’t shop there or work there.<
Competing with slaves makes you a slave.
January 9th, 2007 at 5:55 am
watch the walmart movie (wal-mart: the high cost of low price) and tell me this is true capitalism. It’s a dictatorship with the walton family at the helm and the govt in their pocket!