I understand that it hurts small business by driving customers away from smaller shops with their lower prices, but I don't get why all these anti-trade hippos blame Wal-Mart for destroying the American economy. Isn't Wal-Mart an American corporation? Therefore, doesn't the money you spend at wal-mart stay in America?
2007-11-09 13:28:51 · 4 answers · asked by Anonymous in Business & Finance ➔ Corporations
Most people complain because they believe what is told to them and do not try to find out if the information is correct.
A lot of these rumors, I think were started by unions. Wal Mart is non union and the unions really want all that money from Wal Mart employees, so they start saying things like, Wal Mart is hurting the American economy or Wal Mart doesn`t pay well enough for people to live on etc.
When they know that they will be taking money from these employees and not giving hardly anything in return.
2007-11-09 13:39:56 · answer #1 · answered by Blessed 7 · 1⤊ 0⤋
Wal-Mart is owned by foreign investors from 193 countries and only a part of them is from the United States of America.
Perhaps if more citizens from the United States of America invested at the very least 1% of their salaries buying shares in Wal-Mart then more money could stay in the United States of America.
Wal-Mart buys almost everything from China.
Most of the cash you spend at Wal-Mart goes to China, India and Indonesia.
However, this is not their fault.
Only the President of the United States of America can be blamed for that.
The minimum wages should be reduced to $2.00 USD per hour to compete with China, India and Indonesia.
Not exactly a popular measure, I know.
2007-11-10 11:22:21 · answer #2 · answered by Anonymous · 1⤊ 3⤋
No I hate Wal- Mart for too many motives to list. They make interest out of killing small agencies, take care of ladies individuals deplorably, and attempt to make it look that previous human beings extremely love having to paintings there because they could't live to inform the tale their social safe practices on my own... to call some!
2016-10-23 23:01:25 · answer #3 · answered by ? 4 · 0⤊ 0⤋
yes amatter of fact the money does stay in america i am a walmart employee. the fact is that people have to always complain about something and people that owner these small companys are just made that walmart takes over there companies and they shut their doors. The fact is that sam walton was just smarter about the type of business to open and has made a fortune doing it .
2007-11-09 13:34:23 · answer #4 · answered by Anonymous · 2⤊ 0⤋