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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 fact, Wal-Mart has actually been forcing some U.S. manufacturers to pack up and move overseas
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
Originally posted by audioengineer
This is so stupid.
Unfortunately, the vast wealth that Wal-Mart is sucking out of our communities is not put back into our communities
Walmart sells things, charges sales tax. Sales tax=community money.
Originally posted by audioengineer
The profits are funneled out to Wal-Mart executives and shareholders.
Probably true, but without Walmart, several people wouldn't have jobs.
Originally posted by audioengineer
We may enjoy the low prices, but very little of the money that we give to Wal-Mart gets recycled in our local areas.
Once again sales tax
Originally posted by audioengineer
In fact, Wal-Mart has actually been forcing some U.S. manufacturers to pack up and move overseas
Stupid statement! No company or person can force anyone to do anything. What did they do hold a gun to their head?
Originally posted by Mapkar
reply to post by Infi8nity
I agree completely. Large corporations are terrible for us. The problem is, we are so accustomed to "low prices" that even if we could bring back the small stores no one would buy anything because the prices would be higher.