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Is Wal-Mart Good for America?
PBS ^ | 11/8/2004 | Press Release

Posted on 11/09/2004 1:11:34 PM PST by Willie Green

In Circleville, Ohio, population 13,000, the local RCA television manufacturing plant was once a source of good jobs with good pay and benefits. But in late 2003, RCA's owner, Thomson Consumer Electronics, lost a sizeable portion of its production orders and six months later shut the plant down, throwing 1,000 people out of work.

Thomson's jobs have moved to China, where cheap labor manufactures what the American consumer desires--from clothing to electronics--and can buy at "everyday low prices" at the local Wal-Mart.

On Tuesday, November 16, at 9 P.M. on PBS (check local listings), FRONTLINE® explores the relationship between U.S. job losses and the American consumer's insatiable desire for bargains in "Is Wal-Mart Good for America?" Through interviews with retail executives, product manufacturers, economists, and trade experts, correspondent Hedrick Smith examines the growing controversy over the Wal-Mart way of doing business and asks whether a single retail giant has changed the American economy.

(Excerpt) Read more at pbs.org ...


TOPICS: Business/Economy; Culture/Society; Editorial; Foreign Affairs; Government
KEYWORDS: globalism; thebusheconomy; trade; walmart
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To: TheTruthHurtsSometimes

Al Gore, Mr. "Earth in the Balance," was on the board of Oxidental Petroleum!


181 posted on 11/09/2004 3:13:28 PM PST by Tax-chick (First we had all the money, then we got all the votes, now we have all the fun!)
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Comment #182 Removed by Moderator

To: TheTruthHurtsSometimes

Yes, and that is contrary to the RAT's attack on W-M, isn't it?


183 posted on 11/09/2004 3:20:04 PM PST by Paulus Invictus
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Comment #184 Removed by Moderator

To: Tax-chick

They are a great store, albiet way packed with merchandise. Go alone or with one or two children since you will never be able to push a cart through all their stuff while tending your mob. ; )

You can get everything from toys to tools there. They have the cutest Chistmas ornaments, Cowboy Santas and horsies. Cookbooks! Bins of t-shirts and shorts, Carhartt jackets, boots, Cruel girl shirts, railroad socks, candy, socket sets, cat food, plants, chimenias. I'll stop now.


185 posted on 11/09/2004 3:20:19 PM PST by annyokie (If the shoe fits, put 'em both on!)
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To: Willie Green

Yes, Wal-mart is great and good for us Red States hillbillies the left elitest like to call us.


186 posted on 11/09/2004 3:22:02 PM PST by JFC ( President Bush, You are being prayed for along with our country daily, by millions of us.)
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To: Alaska Wolf
What makes you think Wal-Mart caused the demise of the downtown businesses?

In this instnce, the explanation following the Walmart sighting came from friends and relatives. This was my first visit in something like thirty years.

I saw downtowns closing down before there were any Wal-Marts. Property taxes, parking, zoning laws, permit fees, collecting sales taxes and general government interference are the real culprits.

Property taxes, collecting sales taxes and general government interference, not to mention fair competition, may be behind some of the deterioation. Certainly, property taxes have increased in this area beyond what my friends and relatives think is fair grumbling.

But, to really refute my belief Walmart might be an evil oligophic force would only require someone from such a rual area saying that Walmart's contribution to wages and taxes exceeds the revenue they lost from their abandoned downtown. They would certainly know more about the benefits of Walmart in their community than I do.

I live in a large, sprawling urban area with a Walmart nearby. Competition and choice here is so varied that Walmart is simply a large competitor among large competitors.

187 posted on 11/09/2004 3:25:31 PM PST by Racehorse
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To: LittleRedRooster

I don't have to look for parking at Wal-Mart is what I meant - never a problem there, and that's why I like it. However, I do have to hunt for parking at the malls especially at Christmas, and forget parking downtown (Honolulu). The spaces labeled "compact" are really meant for motorcycles.


188 posted on 11/09/2004 3:29:16 PM PST by Spyder
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To: Tax-chick
harder to find really cheap stuff, like $2 shower curtains and tableclothes

Gotta love that $2.00 shower curtain and tablecloth. Neither last long enough to mildew or wash. Dang, don't even have to buy wash soap. Al

189 posted on 11/09/2004 3:32:58 PM PST by UpToHere
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To: Racehorse

Do guns kill people or do people kill people?

Do Walmart's kill competition or do customers kill competition. Walmart cannot crush anyone without the consumer joining in. That has... and always be how capitalism works.

As for how small rural areas survive this, well the small rural areas have some say over who can build and who cannot. The question is do you think Walmart really destroys a community?


190 posted on 11/09/2004 3:40:58 PM PST by trashcanbred (Anti-social and anti-socialist)
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To: Willie Green

The Tides Foundation is also funding the unions attack on WalMart.

The reason ..?? WALMART DONATES THEIR MONEY TO REPUBLICANS.

Does that answer if for ya ..?? I thought it would.

Also .. the dems don't like it because WALMART does not have UNIONS.


191 posted on 11/09/2004 3:43:36 PM PST by CyberAnt (Election 2004: The SOUL OF AMERICA WINS ! ! !)
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To: trashcanbred

I should've of figured considering the fact that Willie Green created this thread. It had Psudoecon written all over.


192 posted on 11/09/2004 3:47:23 PM PST by Tempest (Click on my name for a long list of press contacts)
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To: Phantom Lord

There are Walmarts open 24/7? Guess it depends where you live. I've never seen such.


193 posted on 11/09/2004 3:50:28 PM PST by DameAutour ("Go carefully. Be conservative. Be sure you are right - and then don't be afraid")
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Comment #194 Removed by Moderator

Comment #195 Removed by Moderator

To: trashcanbred
Do guns kill people or do people kill people?

If a hunter is found dead on his private property with a gunshot to his head, did the gun kill him or did he kill himself?

Do Walmart's kill competition or do customers kill competition. Walmart cannot crush anyone without the consumer joining in. That has... and always be how capitalism works.

If we lived in a laissez faire capitalist country, you might be right. We don't. Never have. Thank goodness! What I believe in is fair competition.

Consumers will generally act in their own self-interest or what they believe is their own self-interest. So will a large business which establishes itself as an oligarchy in rural areas. (Even Adam Smith recognized that.) Buying the cheaper products may not turn out to be in the consumer's best interest, if it results in lost wages and lost taxes. Someone from such an area can at least partially settle the matter by reporting back that Walmart has increased employment and reduced or stablized taxes. Maybe it does.

As for how small rural areas survive this, well the small rural areas have some say over who can build and who cannot.

On that we completely agree. The question becomes whether or not when a local, rural government allows a company to establish itself in their community, are they commiting economic suicide? From the looks of the downtown areas I visited, it seems they did. But, maybe not.

The question is do you think Walmart really destroys a community?

The communities I visited are still there. My friends and relatives have no inclination to move. Whether or not Walmart has injured them economically and destroyed their downtown businesses is the question. I think it very well may have. Probably did.

But again, a testimonial from rural people lauding Walmart's contributions to their economy and well-being would be most helpful.

196 posted on 11/09/2004 4:17:09 PM PST by Racehorse
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To: ProudVet77

The check out lines are so long that nobody goes there anymore!


197 posted on 11/09/2004 4:33:59 PM PST by zook
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To: Lucky Lyn
"The Institute for Supply Management said its index of service activity jumped to 59.8 in October from 56.7 in September, ending a two-month skid. Analysts' median forecast was 58. A reading above 50 denotes expansion in the service sector, which accounts for about 80% of the U.S. economy and includes airlines, banks and restaurants.

The above is from the LA Times on 4 November 2004.

198 posted on 11/09/2004 4:34:38 PM PST by shrinkermd
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To: Willie Green
Haven't been into a Walmart in years. Last time was in 2000(only place around), and before that 96 or so.

I avoid them whenever possible - and almost always am able to do so.

199 posted on 11/09/2004 4:36:10 PM PST by Dan from Michigan ("No time for losers, cause we are the champions...of the world!!!")
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To: bushisdamanin04

KMart and Walmart both suck.


200 posted on 11/09/2004 4:36:57 PM PST by Dan from Michigan ("No time for losers, cause we are the champions...of the world!!!")
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