walmart spirit of aloha - Bilge

T tikibars Tiki Socialite Aku Hall, Chicago Joined: Apr 11, 2002 Posts: 2034	T tikibars Posted posted on Sun, Oct 24, 2004 10:51 PM On 2004-10-24 18:03, Tiki Rider wrote: 4,400 hawaiian residents are gainfully employed and thousands shop there. Isnt that good for the State of Hawaii's economy and employment rates? This would seem to be the case on the surface, but look deeper. Yes, 4,400 Hawaiians are employed, but the amount of money spent in the WalMart stores in Hawaii far outweighs the salaries of the workers employed there, obviously (or else the store wouldn't make profit). All of that cash made in the store is not staying in the local community, it is lining the pockets of WalMart executives in other states. A tiny percent of the store's income is going to salaries of the workers, but the vast majority of the money spent by locals is going to WalMart's profits elsewhere. So in reality, the Wal Mart stores are sucking the ecenomy dry, not helping it. The only way to help ANY local economy is to open businesses and put people to work for companies who are locally-based. I haven't partonized a Wal Mart, Blockbuster, McDonalds, etc, since the 1980s. I spend my money at locally-owned businesses as often as I possibly can. It is sometimes more expensive, but I like keeping my money in my local economy. I like seeing my neighbors and friends all get ahead a little and put shoes on their kid's feet, rather than have some mega-corpoation build more skyscrapers and ruin more landmarks.

On 2004-10-24 18:03, Tiki Rider wrote:
4,400 hawaiian residents are gainfully employed and thousands shop there. Isnt that good for the State of Hawaii's economy and employment rates?

This would seem to be the case on the surface, but look deeper. Yes, 4,400 Hawaiians are employed, but the amount of money spent in the WalMart stores in Hawaii far outweighs the salaries of the workers employed there, obviously (or else the store wouldn't make profit). All of that cash made in the store is not staying in the local community, it is lining the pockets of WalMart executives in other states. A tiny percent of the store's income is going to salaries of the workers, but the vast majority of the money spent by locals is going to WalMart's profits elsewhere. So in reality, the Wal Mart stores are sucking the ecenomy dry, not helping it. The only way to help ANY local economy is to open businesses and put people to work for companies who are locally-based.

I haven't partonized a Wal Mart, Blockbuster, McDonalds, etc, since the 1980s. I spend my money at locally-owned businesses as often as I possibly can. It is sometimes more expensive, but I like keeping my money in my local economy. I like seeing my neighbors and friends all get ahead a little and put shoes on their kid's feet, rather than have some mega-corpoation build more skyscrapers and ruin more landmarks.

Post #121497 by tikibars on Sun, Oct 24, 2004 10:51 PM