walmarts bad for economy? (i dont know if this is the right section sorry)

[swangin and bangin]

negative: it reduces competition; if competition runs out, ppl are forced to shop at Wal-Mart for products and will have to pay the price at whatever Wal-Mart sets it at.

positive: by having lower prices, competition will also have to try and lower prices; good for consumers since they have options for now; and it also gets consumers to shop more which brings money into the economy; then money is used in different parts of the coutnry's infrastructure

Your negative is your positive.  Think about how idiotic that is.  If they reduce competition by having lower prices, how can they then raise prices?  Free Enterprise will always have those with lower prices, OR better quality at a comparable price as the market leaders.  Wal-Mart would get hurt as soon as they raised the prices back up.  Name me 1 thing you can buy cheaper than  you can get it at Wal-Mart.  There is no negative, the only negative is the thinking of the idiots who attack Wal-Mart simply because they're fucking HUGE.  People always shoot arrows up. 

exactly, if walmart was put in a monopolising position, and they decided to raise prices it would give room for a new chain to enter the market.

me and u (no homo) lets become bussness partners and open up that chain thats gona take over walmart.

[big mat]

walmart is buying all his stuff in china and sell it back to americans, that's why it's bad for the economy. They makes america customers act like crazy mothafuckaz with no heads. There are wallmart in canada but their closing one after all because people dont wanna go shopping there.

i would say it is good for the worldwide economy but not for the united states in general. Since those companies are international it's no more related with usa economy. America has a trillion dollar economic deficit and the cause of that is the globalisation of the economy. It cost nothing for walmart to get their product in china and sell it back to rich americans, but only wall mart and china is winning in this situation, usa stay loosing. And that's the same shit all over the occident. One day GMC cars will all be built in china or india

[J @ M @ L]

walmart is buying all his stuff in china and sell it back to americans, that's why it's bad for the economy. They makes america customers act like crazy mothafuckaz with no heads. There are wallmart in canada but their closing one after all because people dont wanna go shopping there.

i would say it is good for the worldwide economy but not for the united states in general. Since those companies are international it's no more related with usa economy. America has a trillion dollar economic deficit and the cause of that is the globalisation of the economy. It cost nothing for walmart to get their product in china and sell it back to rich americans, but only wall mart and china is winning in this situation, usa stay loosing. And that's the same shit all over the occident. One day GMC cars will all be built in china or india

You have no idea what you're talking about.

I'll make one simple point that even you should be able to understand: if consumers are willingly spending their money on these cheap products, and Walmart is making huge profits, thus increasing U.S. GDP, how is it not good... or in regards to your dumber comment... how is it not related to the U.S. economy? LOL idiot.

[7even]

monopoly is always bad, fanboys.

When we make the economy more efficient we create losers.  People are hurt.  Small businesses get killed.  Workers get laid off.  Middle income jobs get replaced with lower income jobs.  Or something else happens.  These things are all good for the economy.  But its not so clear that they are good for society.  Try not to confuse the two.

it's not about confusing, it's about being smart enough to realize that things that hurt the society also hurt the economy in the long run. if people get paid less, lose their businesses, etc, of course that's also bad for the economy... because what sucks for the economy is that those people will eventually consume less, since they have less money.

now one can argue that it's just about the poor get poorer and the rich get richer and overall economy efficiency is the same if not even better, just society is ass.

but if the poor don't buy from the rich then it's a problem again, isn't it? nothing hurts an economy more than people who don't buy shit.

that being said you can always make statistics to "prove" something is awesome/awful, so what the hell.

at the end of the day I will never be a fan of monopolies or things close to that, never. economic competition and economic diversity .. those things are very important, and monopolies kill them.

for the less economically educated ones in here, here's an example to make it more visual. let's imagine the playstation 3 and the nintendo wii wouldnt exist because microsoft baught sony and nintendo. so only the xbox 360 exists. monopoly right there. so everybody has to buy from microsoft. what happens? the quality of the console decreases as they put less effort in and the prices go up ... because there's no competition AND you also don't have the diversity you'd have if there's also a wii and a ps3.

fuck walmart.

You're an idiot.  You act like these monopolies exist in a vacuum.  If Microsoft did that, Sega would start making home consoles again and cripple Microsoft because nobody would buy a shittier system.  The fact is, Wal-mart gives people what they want, they don't give people what egg head socialists say the people need. 

I act as if they exist in a vacuum to make it easier to grasp cause I know people like you will be reading it. Of course it's not as simple as that. If you have a higher sales volume it's easy to have cheap prices. It's hard to realistically battle a monopoly like that because you have to start with a waaay lower sales volume and having cheap prices + a decent marketing scheme to get out there is required... hardly possible. Of course you wouldn't care cause all you sell is repaired vintage consoles at the flea market.

[Chief]

^money is hardly ever an issue, investors see opportunity too, not just suppliers.

[big mat]

walmart is buying all his stuff in china and sell it back to americans, that's why it's bad for the economy. They makes america customers act like crazy mothafuckaz with no heads. There are wallmart in canada but their closing one after all because people dont wanna go shopping there.

i would say it is good for the worldwide economy but not for the united states in general. Since those companies are international it's no more related with usa economy. America has a trillion dollar economic deficit and the cause of that is the globalisation of the economy. It cost nothing for walmart to get their product in china and sell it back to rich americans, but only wall mart and china is winning in this situation, usa stay loosing. And that's the same shit all over the occident. One day GMC cars will all be built in china or india

You have no idea what you're talking about.

I'll make one simple point that even you should be able to understand: if consumers are willingly spending their money on these cheap products, and Walmart is making huge profits, thus increasing U.S. GDP, how is it not good... or in regards to your dumber comment... how is it not related to the U.S. economy? LOL idiot.

you're the idiot, we're talking about jobs, it's the tierce world people who get the jobs to make all these cheap ass products. Ever heard about the economic deficit of united states? Last time i checked it was 60 billion per months, that means america import more than it exports.

[J @ M @ L]

Are you really this fucking stupid? First you state that Walmart has nothing to do with the U.S. economy, which I thought would be the dumbest comment you could make, but you have obviously proven me wrong by continuing to show your lack of common sense. Again, I ask, if Walmart is raising U.S. GDP, how is it not good for or related to the U.S. economy? You're an idiot. And now you say that Walmart is creating jobs in Third World countries. So all you're really pointing out is that not only is Walmart good for the U.S., but it's actually helping the rest of the world as well. Even better I'd say. Again, you're an idiot.

[big mat]

you dont understand that if u buy more than u sell there's less money in your pocket, you're the stupid lil bitch