Why is Walmart ruining the economy?

Answer 1

Because Walmart is the leading supermarket chain. However it buys mainly from offshore. So basically, all the money Americans spend at walmart goes to china.

Say, were playing monopoly. Everytime I buy property I throw that money away. We will call the floor China. So by the time I buy all the property on the board all the money is in China. Now every time you land on a space, or say shop a space, I keep that money. We will call you America.

Also, most people who work at walmart shop at walmart because most walmart employees don't have much money and walmart is cheap. So that money doesn't go back into the economy except for bills.

There you have it.

So here is the cycle at a glimpse

Money>You>Walmart>China
^
Walmart Employee^>Utilities
^
Walmart

To give an idea of why this is a big deal, walmart/sams club employs more people than the us government, that includes the military. Also when walmart donates money, they get a tax break. That tax money is basically taken from U.S. and given to China.

Answer 2

Because they are good at selling products and making money. They do what every other business strives to do, but a few people seem to have a problem with the fact that they do it so well.

Walmart does nothing fundamentally different than any other business from Mom and Pop grocery stores to mechanic shops - that is to say they provide a service or sell a product for a profit and strive to reduce costs.

Answer 3

Before Walmart changed all its stores you could go with a list a get 90 % of what you wanted. Now I'm lucky to get 20% of what I want. The only problem I had before the changes is they weren't consistant with what they carried. When they had a close-out you got a great buy. Now things are marked down a dollar or less with a few exceptions. They seem to be more into groceries, which I find not that great of a deal with exception of course.