I thought it was "white trash" who roamed isles of walmart :(

Damn that Obama.

Wal Mart recently opened up a "Neighborhood Grocery" in our home town. This in the middle of the recession. At first the majority of us were against it, myself included. We thought it would be horrible for our town.... But in the end it created a lot of new jobs, and helped to put tax dollars back into our city pockets - both of which were badly needed due to local economics. (My local home town here grew a lot between 2001 - 2008, and when the recession hit it hit us hard) At the same time, we got a place to shop with lower prices.

Saw what you want about Walmart - it is what it is - but now my wife doesn't need to two towns over to go to WalMart (she tells me Walmart does in fact have the best prices) and we get to spend our money here in town, which is moderately important to us.

This used to apply when Manufacturing was based in the West.

Like Banking with a handful of people making huge money and buying lattes? Again you're thinking is limited to the past. When the 1,000s of people were making goods in the West, the money circulated. Now it goes out of the West.

I needed successful companies to buy my product, they needed lots of members to buy, once the pool of customers drops. Revenue for businesses drops.

How much do you sell to China? As the first or second largest economy, the figures should be on par with the US.

My attitude towards business during the 70s-1990s were exactly like yours. Now I've changed and see cities like Detroit which was once a powerhouse, struggling and the West's debt mountain growing.


There has to be some better thinking than there is now. Because at this rate the consumer (of imported goods) based economy will break. We all need better-paid people than Walmart employees, of Chines factory workers, to buy our products.

Because a billionaire banker only needs one of everything. :winkwink:

Cities like Detroit are ruined because of the economic climate created there Paul by decades of corrupt Democrat leaders there.

The companies that once thrived in Detroit are still thriving. Only the jobs are going to other states and other countries that don't have unions or taxes through the roof that kept them from being able to make money.

Raising the minimum wage won't do anything but worsen that situation for everyone.

The employees in the U.S. who have worked for years and got pay raises to make $15 an hour are suddenly going to see snot nosed teenagers at McDonald's with no skills and no experience suddenly making the same amount as they are.

And they are going to be pissed and try to demand more money too.

In union states...the unions base their demands off of minimum wage as well so they will strike.

In other words...it will be the exact OPPOSITE of creating a business-friendly atmosphere.
People will lose their jobs. Companies will leave and go somewhere that they can conduct business.

Then your imaginary group of customers that have money to buy porn will now have NO money and NO job at all.

Sorry you got laid off bro..


There is always sig whoring though.

The money is wire transferred out of your town the next business day.

sorry you drank the hater-aid. i dont have to work if i choose :)

I know right, not like it is spent in the town LOL.:1orglaugh:1orglaugh

In all fairness though...the local people working there spend the money they get from their salary in the communities they live in.

And Walmart also buys there fruit and vegetables for their grocery dept. from local farmers. Matter of fact they are the biggest purchasers in the world for that:

Walmart To Purchase Produce Directly From Local Growers

http://www.walmart.com/cp/Produce/976793

Any business the size of Walmart that comes to a community will bring money to that area.

The closing of the Detroit factories was mostly due to two main reasons, the lack of modernisation and the huge wage bill which include healthcare.

And massive imports from overseas. Which is why the jobs created by billionaires are in places like Walmart and for low paid people.

The low paid can't afford to buy porn. The solution is to stop mass imports with countries who sell more manufactured products than they buy. China is dumping cheap steel on the world, that's costing jobs. The same as dumping cheap, everything you have to hand around you. Closing manufacturing plants and replacing well-paid jobs, with jobs in Walmart.

Add migration of unskilled workers, and when the middle classes get hit. Everyone gets hit.

Raising the minimum wage won't affect companies like Walmart, Costco, MacDonalds. They can't move offshore and still sell the Americans. Retail is stuck in the country it sells to, manufacturing, well that's mostly gone and the jobs with it.

As production closes and moves overseas, it's not just the poor who suffer.

http://3.bp.blogspot.com/-Q6fDFCjqwf...ddle+class.png

Richest 62 people as wealthy as half of world's population, says Oxfam | Business | The Guardian

It seems they aren't creating the jobs that say they are.

The Amercian Dream was built on people going to work in jobs that paid a decent wage, they could but washing machines, cars, TVs, clothing, etc. Made by Americans so giving them decent jobs as well. Today the flow of money out of the system means too many rely on low-wage jobs. And the bosses tell us that if wages rose, those companies would go out of business. Yes, no one would be able to buy groceries, washing machines, cars, TVs, clothing, etc. Because the guys selling it weren't on a higher wage.

Reality is the shops with better wages would get the business.

There are solutions, higher taxes on the rich and making sure they pay them, import export balances, taxes to expand the public sector. Migration controls, etc.

It needs politicians who are free from the 1% to do it, those under the control of the 1$ or even half of that. Aren't allowed to and things will get worse. More stores will close, not because of the minimum wage, they will close because people will have no wages. Whoops, that already happens.

Money has to circulate, to keep everyone happy.

Holy fuck... a business closed stores that are not profitable, how fucking shocking.

Uh... business does not exist to create employment, it is just a nifty side effect of the process

No Paul. Why do you insist on thinking you know what happens here in the U.S.?

The same exact companies that LEFT Detroit are thriving. They simply built new plants in non-union (right to work) states with less taxes. And of course some of them (like Ford) built a plant in Mexico.

They were always "modernized" in Detroit. Some of the modernization was fought by unions (of course) who thought it would cost them too many jobs.

In the end...over taxation and unions getting too greedy killed Detroit.

Isn't it funny how a few big company's can put so many others out of the market with either buying power, distribution power or just old fashion merger and acquisition.
And later,
with the lack of ability to expand their margins further, they shrink the company.
Leaving a huge void where they put others out of business when they shut down.

And some areas gave up 20 years of tax collections to get a 'super store' in their area while finding the need to supply them water and sewer and a re-work of roads and signals to handle the traffic to them.

What a bargain !

There was no need to force your head in the noose, you all did it willingly.

I like Kroger and Woolworth more

here here

They don't just "shut down". That's the point.

Unskilled labor making crazy demands for money with no skill or education to back it up is the problem.

"Gave up 20 years of tax collection" ...uhmm, there would have been nothing to collect taxes on if Walmart didn't come to town. You can't "give up" taxing Walmart if they aren't even there to begin with.
Water, sewer...really? You mean the city will pay for my sewer system at my house! Oh...wait a minute...no they didn't and no they won't.

The city has flat told me that their service to me ends in my front yard right where the pipe leaves out of my water meter. Any problems past that...are mine.

"Re-work of roads"? Before I moved here to Vegas I lived in a tiny town in South Carolina. They didn't have to "re-work" any roads to build a Walmart Superstore.
And the businesses that opened up all around that Walmart in the giant strip mall that accompanied it were happy as hell with the built in foot traffic.

Think about it. You're kinda saying that progress, growth, and new jobs are a bad thing.

Businesses still do create employment, in China Apple have a lot of factories, along with all the other companies that rely on the West for sales. How many of the cars made in Ford Mexico are sold in Mexico v the US? They moved to States that took less tax, do those States have a balanced budget or need to borrow?

The US is borrowing itself into a deep hole. Because US taxpayers aren't paying the bills required to keep the country functioning. The easiest solution is to get more people back into work in the US not China. Imagine a car plant in California instead of Mexico and the taxes that would generate. Or in States that had a tax rate that was high enough to eliminate the need to borrow. Some examples of that are easy to find. State of California Debt Clock More people in better paying real jobs, like a car plant, helps eliminate the problem. Just one small example of a wide problem.

When the Government can't find people to loan money. Does anyone think the owners of Walmart and Ford will hang around to bail out the country? Or leave ordinary Americans to suffer?

Yes cut spending, but where, police, education, hospitals, etc? It won't be anything like the military, or funds that go to big business, too many earn too much to cut those sectors.

This is a problem we have in the UK. China is dumping cheap steel onto the markets, so the UK is cutting production and jobs. Eventually closing the mills. Will China keep the price low, will new jobs spring up to replace the income lost?

bible truth :2 cents::2 cents: walmart acts like they are there for the community :1orglaugh attend one of their block parties.

This has nothing to do with unskilled labour and Unions. It's about your clothes, electrical goods, and most of the products in your house made by cheap labour in the third world. It's 2011, not 1966.

If Walmart isn't in a town supplying goods, 50 other companies are there. All paying taxes, and all paying taxes at the correct level, small businesses have fewer ways to cut taxes.

No, the City pays for nothing, you pay via taxes or to a private company. If you want to go 100% private, expect to pay more. Like Healthcare where in Europe, we get a better service for half the price.

Walmart doesn't create new jobs. They replace old ones and often less. The retail sector would still thrive without Walmart. No one will stop buying in Walmart leave town.

If you were right, there would be a lot less unemployed, more tax revenue, less debt. But you're wrong. Pointing out how good it is to have a Ford Factory in Mexico, not employing US tax paying workers or paying US company taxes.

Paul, I really wonder if this is how your intelligence works or not.

I am saying that IF govt. creates the proper environment (right to work states, lowering taxes locally, etc.) that businesses will thrive in an area and the economy will rise.

I never said that it's "good" to have a Ford factory in Mexico. And I'm not "wrong" when I say that if you have businesses in your community then the economy will rise and people will make more money and have more disposable income.

You are acting like you only hear what you want to hear and are not reading what I am actually writing.

So apart from lowering taxes, you agree with me.

Chine's economy is slowing. Because the West doesn't have enough people with enough money to buy enough of their goods.

That's not a great example of what I'm saying. Destroying jobs in the country that consumes the most is a short term policy. Lowering wages, destroying jobs, kills consumption and destroys long term profits.

It's not a situation solely about Walmart, it goes right through the private sector. Add migration of cheap workers putting citizens out of work, exporting jobs, a tiny percentile getting very rich and relying on financial markets to grow an economy. Can only end in one way.

I would need to know where those companies moved to and if it excluded the companies that went belly up because of the demise of the car industry in Detroit.

Research how much of tax revenue is spent in the country it's raised in. Then how much of your income is buying goods made outside the US. Then the growth of debt.

Yes, Unions were a huge problem with their approach to modernisation. In my old profession, garment production, there were no Unions. That industry went East in the 70s to 80s. Putting 100,000s out of a job who now can't afford to buy enough from China to keep their economy flourishing.

And can't afford to buy from you.

Good. Close them all and maybe Americans will start buying local goods not Chinese imported shit.

I looks like half of GFY just got unemployed.

Most of the workers at my local were experienced skilled workers having no job capability except to work at a retailer. Many have good degrees from good schools also.
They have families to feed and many, while refusing to take public assistance for the most part, have no alternative lately but to apply for it because the wage won't keep food on the table while keeping a roof over the head and a car to traverse to/from work with insurance & gas/tires.

Some states don't allow the locals to exempt tax. If they would have gave all the existing Businesses the same tax break, perhaps they would still be there. Where I am, they were not allowed to be exempt from school/property tax only. A economic development zone the called it.
My local township ran the water/sewer lines miles to their location so they would not locate in the city limits (to avoid taxes) and then refused to pay for it. Our taxes have been going up because of the costs of maintenance of the new roads/lanes/lights to make that happen.

The point was why give a tax advantage to someone who is going to lower you tax base by putting other retailers out of biz (and the jobs that went with those) and the loss of property tax revenue from all the now vacant buildings that went out have less income for the locality. It was a jobs replacement measure, only there was not as many replaced.

Since, where I am, the tax break expired (like many areas) the pricing has went up their margins are down. Which is why they are now closing stores that do not make the margin cut.
But those they put out of biz are still gone. So is the revenue that the old stores brought to the area.

I am confused when the real costs of living (utilities,housing,insurance,food) has went up 60% in 10 years and wages have not went up even 10% if at all. On that track, who will have money to spend. Let alone tax so that you can have a easy comfortable smooth drive to your super center with working street lights/signals.

Jobs at what price ? You either live in a state where this is not allowed or you are naive to what deals were cut in your area.

You seem to believe in the 'Company Store' mentality. Go load your 15 tons.
It becomes slavery under a different name.

Good riddance to Walmart..
FYI: There are tons of more jobs out there guys, educate yourself opportunities will be endless..:2 cents:

Walmart just closed non-performing or marginal stores. They are a business and that is what retail businesses do. K-mart has done the same so has Sears.

I never saw any real appeal in shopping at a Walmart. More Walmart jobs at $15/hour is not what the US needs anyway. The value added to the economy is just not there. That's probably why they closed those stores ...

What about all those CHINESE JOBS that will be lost due to this!?

[QUOTE=VRPdommy;20704897]
I am confused when the real costs of living (utilities,housing,insurance,food) has went up 60% in 10 years and wages have not went up even 10% if at all.[QUOTE]

I'm not shedding any tears. We were charging $34.99 a month for memberships to our paysite in 2007. Now we're charging only $29.99 a month and can barely get that because all porn is now supposed to be "free".
Where's all the outcry for our very own industry? lol

"Wages" have went up in mainstream jobs for those who have education, skills, and ambition.

Bullshit unskilled labor jobs that a monkey can do should never pay well. The people doing them are lucky to have any job. And that's my point.

They are now going to have NO job at all because companies aren't going to pay them. They will automate or close up shop.

This is what we all rely on to sell our goods.

The skills required today to get a well-paid job are rising or going East. Many companies that used to do product development in the West, now do it in the East, China has a Space Program, Kia makes cars in China, Mexico, Slovakia, and Vietnam. Can the US plants compete for ever?

They also make planes for Boeing and Airbus in China, how long before more moves East. Employing Chinese at a lower salary?

The days of the Third World only making cheap sweatshirts and plastic cups are gone. Doubt if they will move into the market of big boobs, they'll only destroy the customer base.