Why not Walmalt? No local yokels seem to want the money..?
I was just wondering. i gotta golf game tomorrow, going
to look at some local real estate in the afternoon.
Here's my cel. You cannot get me there, call Joe's
pool hall. Ask for 8-ball.
(Ahem)
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Answers:
Locals are catching on to the fact that wal-mart buys in huge bulk quantities for 50% of what the mom and pop stores buy the same stuff for and sell it for only a few pennies less. That makes their profit double what the local stores get on the same items. Wal-mart then hires in folks at minimum wage and makes them work under 35 hours so they don't have to provide any benefits like insurance or vacation. Having the huge profits that they do, they could afford to let people work 40 hrs and provide insurance but they funnel it instead to the upper echelons in the company who get 6 figure Christmas bonuses. If the workers try to band together, wal-mart has full-time union busters ready to pounce. It is no wonder locals don't want one to move in.
I agree with Ollie. The solution to this problem is substantially raising the minimum wage, requiring better benefits and national health insurance paid for by businesses (run 100% by the federal government, no HMOs), and tariffs to compensate for countries that pay low wages and have no environmental standards.
Unfortunately people do what is in their immediate self-interest. Although I know it is morally wrong to shop at Wal-Mart, I buy things there if their prices are lower, because it is in my immediate self interest to pay less. I like capitalism and believe in it, but we need things to be fair so that companies that mistreat their workers and cause other problems don't have an unfair advantage.
I've noticed that while Wal-Mart has low prices on a lot of things, you can frequently get a better deal at the supermarket or other stores if you stock up when items are on sale there. Wal-Mart doesn't have a lot of sales.
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