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If you are in a field that isn't negatively effected by the Walton's downward pressure on salaries, then yes, they've raised your personal standard of living.
by chrisbennet 12y ago
If you are in a field that isn't negatively effected by the Walton's downward pressure on salaries, then yes, they've raised your personal standard of living.
When the Walton's employ people for less 40 hours a week just so they don't have to pay benefits, they are externalizing that cost to the other taxpayers (food stamps, housing assistance, health insurance).
I'm not without blame here. I'm pretty sure whenever I eat at a Chinese restaurant that they are exploiting workers. The fact that the workers are better off than they would be in China isn't really a defense.
- viggity 12y agohave you ever been to a walmart? I would wager half of its employees are unemployable and would be on 100% assistance were it not for walmart. It isn't just my standard of living either. go to walmart at 11pm, or 2am and see the shoppers there. their money goes a lot farther at walmart than it does at costco. The massive scale of walmart's business coupled with the billions it spend on trans log drives prices down. If walmart weren't there, how much higher would target's prices be? or the prices at dollar general?