Wal-Mart burned by its OWN report/study...

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Vette73

Lifer
Jul 5, 2000
21,503
9
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Wal-Mart wanted to show that they do not cause wages to go down or that they cause more people to have to relay on goverment programs like Medicaid etc...
So they paid for a study to prove they were right... OPPS... guess what. They DO cause wages to go down and people to have to get on more welfare programs like Medicaid. So says THEIR study they paid for.

http://www.foxnews.com/story/0,2933,174592,00.html

WASHINGTON ? Wal-Mart Stores Inc. (WMT) lowers consumer costs and adds jobs but has also led to a decline in wages and an increase in the number of people relying on government aid for health care, studies released on Friday show.
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Seems Wallys chief financial officer backed out after learning of what the study was going to say. I guess wal-mart expected everything to be true as they have said it so many times they believe their own BS now.


Schoewe was scheduled to speak at the conference here but had to cancel at the last minute for an undisclosed reason.
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SupaDupaCheez

Platinum Member
Nov 21, 2000
2,034
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I saw that report and I believe it also said that Wal-mart 'saved' the average shopper $897 over last year (or something to that effect). So (unless they were just 'spinning' it) it appears that Wal-Mart overall savings to the public as a whole, outweighs the negatives of lower wages/welfare.

That's what I got from it anyway
 
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mercanucaribe

Banned
Oct 20, 2004
9,763
1
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Originally posted by: SupaDupaCheez
I saw that report and I believe it also said that Wal-mart 'saved' the average shopper $897 over last year (or something to that effect). So (unless they were just 'spinning' it) it appears that Wal-Mart overall savings to the public as a whole, outweighs the negatives of lower wages/welfare.

That's what I got from it anyway
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So basically it's okay that the rest of us are paying for YOUR CHEAP ASS to save money by buying immoral sweatshop produced products. Must be the New Capitalism or something.
 
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Vette73

Lifer
Jul 5, 2000
21,503
9
0
Originally posted by: SupaDupaCheez
I saw that report and I believe it also said that Wal-mart 'saved' the average shopper $897 over last year (or something to that effect). So (unless they were just 'spinning' it) it appears that Wal-Mart overall savings to the public as a whole, outweighs the negatives of lower wages/welfare.

That's what I got from it anyway
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and


Originally posted by: mzkhadir
the problem with walmart is that they save you money in front of your face, while screwing you with other things in the back
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Those go together and answer the other.
Yes YOU save money up front but you pay more when your taxs go up from the new people on govermanet welfare programs, lost jobs in the retail sector, etc...


 
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mzkhadir

Diamond Member
Mar 6, 2003
9,509
1
76
The penny or two you saved while shopping for walmart is not enough for me to screw the taxpayer.
 
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Ornery

Lifer
Oct 9, 1999
20,022
17
81

  1. ...screw the taxpayer...
Because it IS big business responsibility to buy your health insurance after all. :roll:
 
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mzkhadir

Diamond Member
Mar 6, 2003
9,509
1
76
Originally posted by: Ornery

  1. ...screw the taxpayer...
Because it IS big business responsibility to buy your health insurance after all. :roll:
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  1. well if the government would buy the insurance, everbody would have to choose, who is going to lose and die.
 
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Ornery

Lifer
Oct 9, 1999
20,022
17
81
Originally posted by: Marlin1975

yea 1 product really gives the WHOLE story. That and they are not cheaper on that item then most others. Might want to look into that. :disgust:
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So, obviously they aren't responsible for putting anyone out of business, if they don't have the lowest price, eh?

The WHOLE story is every damn store you shop at, is selling shlt from sweatshops!
 
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mzkhadir

Diamond Member
Mar 6, 2003
9,509
1
76
Originally posted by: Ornery
Originally posted by: Marlin1975

yea 1 product really gives the WHOLE story. That and they are not cheaper on that item then most others. Might want to look into that. :disgust:
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So, obviously they aren't responsible for putting anyone out of business, if they don't have the lowest price, eh?

The WHOLE story is every damn store you shop at, is selling shlt from sweatshops!
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Its not about sweatshops, it about walmart screwing the taxpayer from behind.
 
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Vette73

Lifer
Jul 5, 2000
21,503
9
0
Originally posted by: Ornery
Originally posted by: Marlin1975

yea 1 product really gives the WHOLE story. That and they are not cheaper on that item then most others. Might want to look into that. :disgust:
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So, obviously they aren't responsible for putting anyone out of business, if they don't have the lowest price, eh?

The WHOLE story is every damn store you shop at, is selling shlt from sweatshops!
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So you are saying the Canon 5.0 MP PowerShot S2 IS is made at a sweatshop? Have proof? As I can not only show you pictures but show wages that are paid to make all those little things from China. THOSE are sweatshops.

 
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Ornery

Lifer
Oct 9, 1999
20,022
17
81
Originally posted by: mzkhadir

well if the government would buy the insurance, everbody would have to choose, who is going to lose and die.
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Another ATOT Socialist/Democrat... just what we needed (speaking of screwing the taxpayers)!
 
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mzkhadir

Diamond Member
Mar 6, 2003
9,509
1
76
Originally posted by: Ornery
Originally posted by: mzkhadir

well if the government would buy the insurance, everbody would have to choose, who is going to lose and die.
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Another ATOT Socialist/Democrat... just what we needed (speaking of screwing the taxpayers)!
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Who buys your Health Insurance ?
 
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Ornery

Lifer
Oct 9, 1999
20,022
17
81

  1. I'm NOT the one who said their "sweatshop produced products" were "the new Capitalism"!
 
Amused

Amused

Elite Member
Apr 14, 2001
57,083
18,574
146
Originally posted by: mzkhadir
Originally posted by: Ornery
Originally posted by: mzkhadir

Who buys your Health Insurance ?
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My wife's employer.
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My employer buys mine too. If I bought mine, it would be in the hundreds a month.
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Just a note:

Your employer never buys your health insurance. They merely add it in as a part of your salary. Your benefits package is just an extension of your salary. YOU are buying your health insurance with your productivity.

That's like saying roads are free. They aren't. Your taxes pay for them.
 
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