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There are definite costs and benefits associated with WalMart and that these costs and benefits are unevenly distributed across WalMart employees, shoppers and the local communities that are affected by WalMart.
The clear winners are the consumers who are able to enjoy WalMart’s low prices. The clear losers are the existing businesses from local and neighboring communities that are driven out of business because they simply cannot compete with WalMart.
Communities must also consider issues such as local tax benefits, impact on local employment opportunities, potential increase in poverty, traffic congestion and local infrastructure costs.
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The research, done by a Northwest community group, estimates that one Walmart store, which is set to open in a Washington neighborhood, will decrease the community's economic output over 20 years by an estimated $13 million. It also estimates the Walmart will cost the community an additional $14 million in lost wages over the next 20 years.
Yup, just as I thought. Your sources are not anything reputable or established, just local community groups who are going to conduct "studies" that give them the exact output they were looking for.
You can choose to believe them, which you obviously have. Don't get me wrong, there are certainly drawbacks, but I think it's silly to suggest that putting a Wal Mart with all their jobs and all their tax revenues are hurting the communites they are placed in economically.
Re: Trouble looming for Walmart on, "Black Friday"
Quote:
Originally Posted by Wolfpack
Yup, just as I thought. Your sources are not anything reputable or established, just local community groups who are going to conduct "studies" that give them the exact output they were looking for.
You can choose to believe them, which you obviously have. Don't get me wrong, there are certainly drawbacks, but I think it's silly to suggest that putting a Wal Mart with all their jobs and all their tax revenues are hurting the communites they are placed in economically.
Wolf one does not need a study to compare the local economics of big box store vs local mom and pop stores. Those studies are all well known ... local mom and pop stores the money mostly circulates in that community. Big box stores the money does not all circulate in the local community.
Also ... you did not read the first one ... that was a college not a community group.
University of Wisconsin ... seriously come on now - a university = community group.
Study after study proves consumer wins vs workers and community loses which was my point.Walmart has a negative impact on the local community where they do business.
Quote:
The growth of big box retail is a mixed blessing to local communities. There is strong evidence that jobs created by Walmart in metropolitan areas pay less and are less likely to offer benefits than those they replace. Controlling for differences in geographic location, Walmart workers earn an estimated 12.4 percent less than retail workers as a whole, and 14.5 percent less than workers in large retail in general.
Several recent studies have found that the entry of Walmart into a county reduces both average and aggregate earnings of retail workers and reduces the share of retail workers with health coverage on the job. The impact is not only one of substitution of higher wage for lower wage retail jobs, but also a reduction in wages among competitors.
As a result of lower compensation, Walmart workers make greater use of public health and welfare programs compared to retail workers as a whole, transferring costs to taxpayers.
Quote:
In conclusion, big box living wage laws provide a means of capturing the positive benefits to consumers of the big box retail model, while mitigating the negative impacts on workers.
At this rate, we may have to rename Thanksgiving “Black Thursday.”
Big-box retailers such as Wal-Mart, Toys R Us and Sears are opening their doors at 8 p.m. Thursday — just as Thanksgiving dinner tables are being cleared in many homes. Target will follow suit at 9 p.m., enticing shoppers out of their homes during the final football game of the day.
Re: Trouble looming for Walmart on, "Black Friday"
Quote:
Originally Posted by IcyPatriot
Wolf one does not need a study to compare the local economics of big box store vs local mom and pop stores. Those studies are all well known ... local mom and pop stores the money mostly circulates in that community. Big box stores the money does not all circulate in the local community.
Also ... you did not read the first one ... that was a college not a community group.
University of Wisconsin ... seriously come on now - a university = community group.
well you opened the door so I will post more if you wish.
The first article doesn't support your point. The second article does support your point, but was commissioned by a community group which, I highly suspect, was already predisposed to "proving" how bad Wal-Mart is.
Beyond that, we're just going to have to agree to disagree.
Re: Trouble looming for Walmart on, "Black Friday"
In my travels I notice that cities and towns with healthy downtown shopping areas are more robust. I see more cars and more people and there definitely is more money changing hands. People are more friendly. Cities and towns with the big box stores are less friendly, less personal and way less robust. Cars with people drive to the stores and then they drive home. the money spent at those stores leaves the local community and goes to corporate and the investors. Some smaller amounts are kept local if the workers are local ... a big if.
America had a more rapid growth when our money spent was kept in the country, in the states, and in the cities and towns. Now our government prints ever more money - devaluing it - but must keep printing it to keep cash flow here in the USA. Much of our money gets exported to China, Mexico and the oil producing nations where we run steep trade imbalances.
The debate in the election centered around China but it is deeper than that. We cannot afford to keep spending money that just leaves our local areas, states and country. America has become a save every penny at all cost place ... while that mentality seems frugal it has also led to a slow economic death spiral.
Citizens don't have to shop and spend money foolishly. But every effort to buy food from the local shop, eat at the local restaurant, bank at the local credit union etc ... has been shown in study after study to positively effect local economies. We cannot expect government to solve all our problems when we can do what JK said we should do ... ask what we can do for our country ... buy local ... it's a start.
Another argument for buying local is that it enhances the "velocity" of money, or circulation speed, in the area. The idea is that if currency circulates more quickly, the money passes through more hands—and more people have had the benefit of the money and what it has purchased for them. "If you're buying local and not at a chain or branch store, chances are that store is not making a huge profit," says David Morris, Vice President of the Institute for Local Self-Reliance, a nonprofit economic research and development organization based in Minneapolis and Washington, D.C. "That means more goes into input costs—supplies and upkeep, printing, advertising, paying employees—which puts that money right back in the community."
Quote:
As the nation limps through the recession, many towns and cities are hurting. "Buy-local" campaigns can help local economies withstand the downturn. Says Boyle: "For communities, this is a hopeful message in a recession because it's not about how much money you've got, but how much you can keep circulating without letting it leak out."
Re: Trouble looming for Walmart on, "Black Friday"
Quote:
Originally Posted by wistahpatsfan
Boycotting Walmart on Black Firday is fine if you want. Just know that your protest will not be heard or felt by anyone but you. I never go there but they seem to do just fine. Walmart is the ultimate religious symbol of our culture of consumer-driven, throw-away pigs who will willingly support the seemingly unstoppable trend of a transition from a democracy to a corporate hegemony. Box stores have replaced smaller, independent stores that used to respond to the local needs and were more directly connected to the community. I don't like it. Others think it's "natural".
There's no use fighting about whether Walmart in a "good vs. evil" framework. We are all to blame. Anyone who bought a 2X4 or door lock at Home Depot instead of their local lumber yard or hardware stoer (which are now largely gone) are to blame. We lost this fight- if there ever even was one- a long time ago and that bell can't be unrung.
We should also add in the fact that the middle class has been getting squeezed for over 3 decades. This phenominon coincided with the advance of the big-box store evolution/revolution.
It now takes 2 income earners to provide what one income did during the 60's.
I believe corp America WANTED to get women working to provide a solid future of corp profit growth as we moved toward the end of the 20th century. And guess what? It worked....at least for corp America....but not for middle class Americans.
We really, REALLY need to stop being so consumer-driven and realize "cool stuff" isn't important and that financial security IS important.
And yes, that means not getting all excited everytime a new generation cell phone is introduced.
Last edited by PatriotsReign; 11-18-2012 at 07:28 AM..
Re: Trouble looming for Walmart on, "Black Friday"
That's a little geezy. You can't just dictate from on high what we "should" want.
After your basic needs are met, what tech you want to spend the rest on doesn't seem to be the problem, IMO. I don't care if you prefer a galaxy S3 to a singer sewing machine. It wouldn't matter if I did.