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Thu Nov 22, 2012, 11:19 AM

The closed circle of Wal Mart economics [View all]

Open a giant store that undercuts all the local businesses with cheap crap. The local stores and businesses soon go out of business. These former business owners and employees have no choice but to work for Wal Mart at very low wages and no benefits. The only place the Wal Mart workers can afford to buy anything is at Wal Mart. The employees end up giving a huge portion of their wages back to the store they work for because there are no other outlet stores to buy necessities and they can only afford Wal Mart prices. Wal Mart replaces most of the minimum wages they pay to their employees. Employees who in the process are forced to neglect their communities because they can't afford to repair their homes or replace their broken appliances. Wal Mart makes a profit which they then use to open more stores in other communities and countries.

That's a pretty sweet deal don't you think?

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Reply The closed circle of Wal Mart economics [View all]
lunatica Nov 2012 OP
johnlucas Nov 2012 #1
MineralMan Nov 2012 #2
Arctic Dave Nov 2012 #28
OneMoreDemocrat Nov 2012 #3
nadinbrzezinski Nov 2012 #4
OneMoreDemocrat Nov 2012 #5
nadinbrzezinski Nov 2012 #6
OneMoreDemocrat Nov 2012 #8
nadinbrzezinski Nov 2012 #10
OneMoreDemocrat Nov 2012 #13
nadinbrzezinski Nov 2012 #15
OneMoreDemocrat Nov 2012 #17
nadinbrzezinski Nov 2012 #18
OneMoreDemocrat Nov 2012 #21
Sherman A1 Nov 2012 #64
snappyturtle Nov 2012 #26
Arctic Dave Nov 2012 #30
HiPointDem Nov 2012 #57
unblock Nov 2012 #60
lunatica Nov 2012 #7
OneMoreDemocrat Nov 2012 #9
lunatica Nov 2012 #11
OneMoreDemocrat Nov 2012 #12
lunatica Nov 2012 #14
OneMoreDemocrat Nov 2012 #16
nadinbrzezinski Nov 2012 #20
OneMoreDemocrat Nov 2012 #22
nadinbrzezinski Nov 2012 #24
OneMoreDemocrat Nov 2012 #27
nadinbrzezinski Nov 2012 #31
OneMoreDemocrat Nov 2012 #36
nadinbrzezinski Nov 2012 #37
OneMoreDemocrat Nov 2012 #41
nadinbrzezinski Nov 2012 #42
sigmasix Nov 2012 #34
OneMoreDemocrat Nov 2012 #39
whistler162 Nov 2012 #19
sigmasix Nov 2012 #23
OneMoreDemocrat Nov 2012 #25
Laochtine Nov 2012 #33
OneMoreDemocrat Nov 2012 #35
Laochtine Nov 2012 #74
liberal N proud Nov 2012 #29
OneMoreDemocrat Nov 2012 #32
nadinbrzezinski Nov 2012 #40
OneMoreDemocrat Nov 2012 #43
nadinbrzezinski Nov 2012 #44
OneMoreDemocrat Nov 2012 #45
nadinbrzezinski Nov 2012 #46
daleanime Nov 2012 #76
Laochtine Nov 2012 #75
oldhippydude Nov 2012 #38
savebigbird Nov 2012 #47
ohheckyeah Nov 2012 #48
nadinbrzezinski Nov 2012 #49
ohheckyeah Nov 2012 #52
nadinbrzezinski Nov 2012 #53
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nadinbrzezinski Nov 2012 #55
ohheckyeah Nov 2012 #58
nadinbrzezinski Nov 2012 #59
ohheckyeah Nov 2012 #67
nadinbrzezinski Nov 2012 #68
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nadinbrzezinski Nov 2012 #70
upi402 Nov 2012 #50
Turbineguy Nov 2012 #51
HiPointDem Nov 2012 #56
David__77 Nov 2012 #61
FarCenter Nov 2012 #62
nadinbrzezinski Nov 2012 #63
cthulu2016 Nov 2012 #71
FarCenter Nov 2012 #72
jeff47 Nov 2012 #65
Fire Walk With Me Nov 2012 #66
rucky Nov 2012 #73