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Wal-Mart Stores Inc. Message Board

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  • crazyhorse1786 crazyhorse1786 Jun 20, 2012 3:41 PM Flag

    Welfare Marts do not create jobs

    You are not considering the "Wal-Mart Effect." In our complex we have at least 5 businesses operating around Wal-Mart only started when Wal-Mart opened in the area. Additionally there are separate businesses inside of Wal-Mart. I agree wages are trending down but that is because we now live in a global world. Asians are better educated, more hard working and come from intact families. They will rule the 21st century. Maybe Wal-Mart can sell them something.

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    • I do consider the Welfare Mart effect. Macro-economics tell us that supply meets demand and vice versa. Stores flock to the proximity of a Welfare Mart to increase their revenue stream. This drains business from elsewhere.

      So, consider yourself, "lucky," to own a business near a Welfare Mart in that your foot traffic will increase. However, the quality of customer will decrease commensurately.

      Remember the rednecks fighting over $2.00 waffle irons and killing each other. Ask yourself if this is the kind of clientele you wish to attract.

 
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