Wal-Mart: Job Creator or Destroyer by Andre Jones

1 Dec

“Save money live better”, millions of Americans see this on the bags with the items they have purchased at their local friendly neighborhood Wal-Mart. Looking deeper into the saying, “save money” yes Wal-Mart is known to have the cheapest prices for the quality of good over any retail store in America. “Live better”, this is part of their slogan that defies all. Many Americans believe Wal-Mart is not saving the country money, but literally destroying its small cities. Wal-Mart Stores Inc. has over 8,500 stores in over 15 countries under 55 different names. In the United States alone we have 3397 Wal-Mart discount stores in 2006.  That was 6 years ago! One of the main reasons people believe Wal-Mart is destroying America is from the loss of jobs.

In 2001 through 2006, trade between China and Wal-Mart resulted in the loss of 133,000 manufacturing jobs in the U.S alone. Business owners actually get a call from a Wal-Mart employee saying they are coming to their area and if they cannot compete with the foreign manufacturing price, ultimately they will put them out of business. When a new supercenter is created 330 new jobs are created instantly. Those 330 jobs come with an extremely low wage of eight to nine dollars an hour, Medicaid, and no workers union at all. When Wal-Mart moves in they create more debt for the government to pay for employee’s health, low wages, and no real workers’ compensations. The CEO of Wal-Mart earns more in a single hour than the regular employee does in a single year. Almost 3 of Wal-Mart stock holders are on the list of wealthiest people of America.

Almost 75% of Wal-Mart employees say their pay check basically goes back into the store because of the need of groceries and items. Basically, the money doesn’t go back into the community it goes back into Wal-Mart profit portfolio. Another loss of jobs comes from the company super giant taking out all other supermarkets in the country. Wal-Mart sells more groceries than any other grocery store in the world. They even began a Wal-Mart Supermercado in Hispanic communities which help destroy local meat and dairy markets. Studies in Missouri show that when a Wal-Mart opens it cuts half the number of jobs it created from other retailers. Overall, Wal-Mart does not help create better and more jobs.

Seen as a supersaver not a super destroyer, Wal-Mart stores everyday thrive with profits. With an income of trillions of dollars there is no force that can stop this company. After loss of jobs, government paid healthcare, and small business foreclosures and end is near for many small business economy.  The corporation may save the average Joe a couple bucks on a product, but in the long run that person may be helping destroy a small town in Nebraska or Oklahoma.

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3 Responses to “Wal-Mart: Job Creator or Destroyer by Andre Jones”

  1. Ruben Gomez December 2, 2012 at 10:09 pm #

    Andre,
    I completely agree with the points that you have provided. In many cases I have seen Wal-Marts move into an area and “take over” all business. By adding a Wal-Mart into an area it practically eliminates all other small business around the area. And since Wal-Mart is in the business of selling practically everything, no business can escape. Wal-Mart may seem like it is providing many jobs but really at the same time they are eliminating more.

    -Ruben

  2. Kyle Lawson December 2, 2012 at 11:42 pm #

    Andre I also agree with the points in your essay, Wal-mart destroys jobs because the small business clearly can not compete with the overseas manufacturing prices. It does not help the economy of the US at all because small business get destroyed. It is almost impossible to sell something that wal-mart does not, so that is why they are the problem.

  3. Nico del Junco December 3, 2012 at 1:41 am #

    Andre,
    I 100% agree with your statement here. Wal mart is destroying the ability for small business owners to exist and run companies. Ergo the idea of an individual making a successful company no longer lives on, and individuals have to look and buy products from monopolies such as Wal-mart.

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