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Walmart: The High Cost of Low Price
November 15, 2005, 09:30 PM FREE DETAILS: Fancypants Cinema is Philly's (only weekly) Free Open-Screening event, held every Tuesday in the Lounge at N.3rd Restaurant and Bar. Hosting the Wal-Mart film on a tuesday night simply had to be done (and there's no conflict with the 1st Unitarian Church Screening) let's get ecumenical, people! WHERE: N.3RD Restaurant and Bar 3rd and Brown St. Philadelphia, PA 19123 This is one of hundreds of free screenings around the country this week. Visit www.walmartmovie.com for more info |
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http://www.dailypennsylvanian.com/vn.../4379912702f54
It sounds like it had a fairly succesful screening in UC. |
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For both sides of the issue, I recommend reading this:
http://www.businessweek.com/bwdaily/...0199_db016.htm It provides both pros and cons. Here's a quote: "Wal-Mart saved consumers a total of $263 billion last year, or a whopping $2,329 per household...Other studies, however, found that Wal-Mart also lowers workers' wages and benefits."
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http://fishtown.us - Live in, work in, or care about Fishtown? Then visit fishtown.us! http://summerfield.org - Summerfield's Website |
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My grandfather conducted a big report on the devastating effects of WalMart on local communities back in '97. The most interesting fact I found was that for every one job WalMart creates, it eliminates one and a half jobs in the local community. The WalMart jobs are also lower paying often part-time with little benefits. Here is some access to the report through someone's website. You can also find extensive info by googling "Shils Report". http://www.lawmall.com/rpa/rpashils.htm
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Some more on Wal-Mart from today's Inky ...
http://www.philly.com/mld/philly/business/13186792.htm Quote:
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Illegal aliens have always been a problem in the United States. Ask any Indian. - Robert Orben |
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(previously posted on www.fishtown.us)
I read the Abstract of'The Global Insight study of the economic impact of WalMart's expansion from 1985-2004. It's just over 6 pages long and can be found at: http://www.globalinsight.com/publicD...05_walmart.pdf It concludes that because of WalMart, wages are 2.2% lower. It also concludes that because of WalMart, prices are 3.1% lower. This would mean the because of WalMart, disposable income is .9% higher. Additionally, it concluded that in the Dallas/Fort Worth area, where WalMart has a much higher presence, the average person had a 2.6% increase in disposable income due to WalMart.
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http://fishtown.us - Live in, work in, or care about Fishtown? Then visit fishtown.us! http://summerfield.org - Summerfield's Website |
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I think it is terrible that all those people with law degrees and MBAs are forced to work for Wal-Mart for under $25 an hour. How horrendous is it that someone with a great education can not make $100k a year like a small town mother of 4 who has not held a job in 18 years makes.
The good thing about closing down Wal-Mart is that the talent pool in many Taco Bells would increase dramatically.
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The Phils are champs, go phuck yourself! |
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