Wal-Mart has been a hot topic to debate on in recent years. The main issue of discussion is if Wal-Mart is really benefitting people here in the U.S. or is Wal-Mart having a negative effect on America? Wal-Mart does both good and bad for our country. They have cheaper sale items which attract a large percentage of America; but take jobs away from many small local businesses.
The main problem the U.S. has with Wal-Mart is it's lack of supporting local businesses. Wal-Mart not only puts people out of work but shuts down manufacturing businesses that once thrived. Wal-Mart dominates this country largely due to the fact that they have trade contracts with China, helping China to improve economically. Wal-Mart receives very few products from companies around the U.S. if any, and if those companies can't find business they slowly shut down.
"On average, 77 U.S. jobs were eliminated for each one of Wal-Mart's 4,022 U.S. stores in 2006," EPI said. EPI also stated that "during this time period two-thirds of the 200,000 manufacturing jobs that were affected were completely wiped out." This obviously goes to show the negative impact Wal-Mart is having on the jobs of individuals and the U.S. economy.
Friday, November 30, 2007
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