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Is Wal-Mart Destroying America? Facts About Wal-Mart That Will Absolutely Shock You

America absolutely loves Wal-Mart.  100 million customers visit Wal-Mart every single week in this country.  But is Wal-Mart good for America?  That is a question that most people never stop and ask.  Most of us love shopping in big, clean stores that are packed with super cheap merchandise, but the truth is that Wal-Mart is destroying America in a lot of ways.  As you will see below, Wal-Mart has destroyed tens of thousands of small businesses and countless manufacturing jobs over the past couple of decades.  Wal-Mart has become a gigantic retail behemoth that sells five times more stuff than any other retailer in the United States.  Unfortunately, a large percentage of all the stuff sold at Wal-Mart is made overseas.  What that is costing the U.S. economy in terms of lost jobs and lost revenue is incalculable.  But Wal-Mart is a perfect example of where our economic system is headed.  Our economy is becoming completely and totally dominated by highly centralized monolithic predator corporations that ruthlessly crush all competition and that will stoop to just about anything in order to cut costs.  In the future, will we all be working for gigantic communal entities that funnel all of the wealth and economic rewards to a very tiny elite?  That sounds very much like how communist China works, and red-blooded Americans should want no part of that.  America is supposed to be about free enterprise and competition and working together to build up this country, and Wal-Mart is destroying all of that.

The following are 20 facts about Wal-Mart that will absolutely shock you….

#1 The average U.S. family now spends more than $4000 a year at Wal-Mart.

#2 In 2010, Wal-Mart had revenues of 421 billion dollars.  That amount was greater than the GDP of 170 different countries including Norway, Venezuela and the United Arab Emirates.

#3 If Wal-Mart was a nation, it would have the 23rd largest GDP in the world.

#4 Wal-Mart now sells more groceries than anyone else in America does.  In the United States today, one out of every four grocery dollars is spent at Wal-Mart.

#5 Amazingly, 100 million customers shop at Wal-Mart every single week.

#6 Wal-Mart has opened more than 1,100 “supercenters” since 2005 alone.

#7 Today, Wal-Mart has more than 2 million employees.

#8 If Wal-Mart was an army, it would be the second largest military on the planet behind China.

#9 Wal-Mart is the largest employer in 25 different U.S. states.

#10 According to the Economic Policy Institute, trade between Wal-Mart and China resulted in the loss of 133,000 manufacturing jobs in the United States between 2001 and 2006.

#11 The CEO of Wal-Mart makes more in a single hour than a full-time Wal-Mart associate makes in an entire year.

#12 Tens of thousands of Wal-Mart employees and their children are enrolled in Medicaid and are dependent on the government for healthcare.

#13 Between 2001 and 2007, the value of products that Wal-Mart imported from China grew from $9 billion to $27 billion.

#14 Amazingly, 96 percent of all Americans now live within 20 miles of a Wal-Mart.

#15 The number of “independent retailers” in the United States declined by 60,000 between 1992 and 2007.

#16 According to the Center for Responsive Politics, Wal-Mart spent 7.8 million dollars on political lobbying during 2011.  That number does not even include campaign contributions.

#17 Today, Wal-Mart has five times the sales of the second largest U.S. retailer (Costco).

#18 The combined net worth of six members of the Walton family is roughly equal to the combined net worth of the poorest 30 percent of all Americans.

All over the country, independent retailers are going out of business because they cannot compete with Wal-Mart and their super cheap Chinese products.  Often communities will give Wal-Mart huge tax breaks just to move in to their areas.  But what many communities don’t take into account is that the introduction of a Wal-Mart is often absolutely devastating to small businesses….

A study of small and rural towns in Iowa showed lost sales for local businesses ranging from -17.2% in small towns to -61.4% in rural areas, amounting to a total dollar loss of $2.46 BILLION over a 13-year period.

When we buy stuff made by people working for slave labor wages in China, we destroy good paying American jobs and we make America poorer.  This is a point that I have tried to make over and over.

Wal-Mart often tells one thing to the public and then does another thing in private.  Sadly, the truth is that Wal-Mart does not care about U.S. manufacturing jobs.  Wal-Mart just wants to get products as cheaply as they possibly can, and most of the time that means getting them from China.

Just check out this first-hand testimony from an 81-year-old retired apparel manufacturer….

I was president of the Southwestern Apparel Manufacturers Association. There was a meeting sometime between 1985 and 1990. Walmart had contacted our organization and asked if they could meet with us at our beautiful Apparel Mart we had here in Dallas, which has now been razed, because all the independent merchants don’t exist that used to come to it. Two people from Walmart came down and they said they were going to be sourcing goods from overseas and we would have to meet those prices for consumer products and to get ready for it—we are going to be sourcing the world. Walmart was the only company that came out and said this.

It was sort of shocking: I was selling them some merchandise at the time. On the back of their trucks it was saying “Bring it Back to America!” They had the big “keep it in America” program going at that time on the big signs in the stores. Meanwhile when I reminded the buyer of that, she told me, “that is just for domestic consumption, we’re going to buy at the cheapest we can anywhere on earth.”

As I have written about previously, the United States has lost more than 56,000 manufacturing facilities since 2001.

We are losing millions of good jobs that cannot be replaced.  If you can believe it, the United States has actually lost an average of about 50,000 manufacturing jobs a month since China joined the World Trade Organization in 2001.

Last year, the U.S. trade deficit with China was the biggest trade deficit that one nation has had with another nation in the history of the world, and Wal-Mart played a huge role in that.

In fact, Wal-Mart has actually been forcing some U.S. manufacturers to pack up and move overseas.  The following is from a recent article by Amy Traub….

Walmart’s market power is so immense that the even the largest suppliers must comply with its demands for lower and lower prices because they cannot afford to have their goods taken off its shelves. Companies that used to manufacture products in the United States, from Levi’s jeans to lock maker Master Lock, were pressured to shut their U.S. factories and moved manufacturing abroad to meet Walmart’s demand for low prices.

Unfortunately, the vast wealth that Wal-Mart is sucking out of our communities is not put back into our communities.  The profits are funneled out to Wal-Mart executives and shareholders.  We may enjoy the low prices, but very little of the money that we give to Wal-Mart gets recycled in our local areas.

In the old days, you could actually support a family selling electronics or running a general store.  But you can’t support a family working at Wal-Mart.  The vast majority of the jobs that Wal-Mart creates are very low paying.  Large numbers of Wal-Mart employees are actually on welfare, and this is part of the reason why we have seen such an explosion in the number of the working poor in America.

At this point, more than 40 percent of all jobs in America are low wage jobs and the middle class is rapidly disappearing.

If we do not support American jobs and American manufacturers they will continue to go away and the welfare rolls in this country will continue to explode.

There is not going to be any prosperity in this country without jobs.  Unfortunately, most Americans simply do not understand how good jobs are being systematically destroyed in America every single day.

The path that America is headed on today is only going to end in complete and total disaster.  We are being transformed from a wealthy nation into a poor nation.  In the end, we will be dominated by a very tiny elite and everyone else will either be among the working poor or will be totally dependent on the government.

Our system is supposed to be about open, honest competition.  But that is not what Wal-Mart is about.  Wal-Mart is about crushing small businesses and manufacturers here in America and getting us all to buy their super cheap Chinese-made goods.

So what do all of you think about Wal-Mart?  Please feel free to post a comment with your thoughts below….

  • Aleuicius

    There is so much more to the economic story of Wal-Mart than “who lost and who won”. For all I might spend at Wal-Mart, I spend easily twice as much at other local businesses and chains, simply because Wal-Mart does not carry everything I might need, or necessarily the quality I might want. Still – I shop for the least expensive and those stores that cannot meet THAT requirement don’t get business. It is less that they buy overseas, than that America – especially the unionized part – cannot/WILL not compete, except to use gov’t power to get their way. THIS is why Wal-Mart is successful.

  • Srszee

    I hate Walmart. They used to pride themselves in carrying products made in the USA (at least when Sam Walton was at the helm). Now they strong-arm companies like Rubbermaid into contracts whereby Rubbermaid almost went out of business if they lost the Walmart acct; and everything comes from China where there is no quality control. Cancer is on the rise in this country–take a look at all the crap in our food coming from China. Walmart succeeds because they cater to the poor. They also treat and pay their employees like crap.

  • Shaney

    Because people want cheap over quality and don’t care. It’s a shame Walmart doesn’t offer health insurance for their workers. Most of them are on some kind of government programs while Walmart makes billions.

    • Heather

      They do offer health insurance for people who work full time.

  • Shaney

    We all complain about Walmart but who would actually stop shopping there to prove the point? I stopped shopping Walmart a long time ago because of the way they treat their employees.

  • Prairie Kittin

    They did not pay my sister enough money to pay healthcare costs. They also did not offer health insurance. She is dead now. I will never step into a Wal-Mart again. For me and my family, it’s personal.

  • Zachary Taffurelli

    where is your work cited?

  • Titania

    USA produced first class of everything, now imported cheap rubbish has taken over. Everything deteriorates in a country when people lose their skills because manufacturing disappears due to cheap imports. The foreign power in American politics and Government has destroyed USA. It has started with waging wars against many countries to the benefit of plutocracy and oligarchy.

  • Merit Weidman Kirkpatrick

    Items made overseas are sold at most stores- even high end stores like “Coach” sell products that are made in China- this is not the fault of the retailer, as much as it is the fault of more government intervention in trade. Many of us warned about the economic consequences in the 90’s when China was first given “favored nation” status by the USA.

  • Jane LaRocque

    How can Tavis Smiley permit Walmart to advertize on his show. They pay slave wages and do not care one little bit about the children of their workers. They are selfish, cruel billionaires living in gated communities. I do not shop there, and although I like Tavis, I do not watch his show. Because I have to look at Walmart striving to project a caring image–and it makes me vomit.

  • Sojo

    I do not shop at Wal-Mart stores, the parking lots are congested, the service is terrible, the cashier lines are long, most of the employees have more tattoos than teeth, and are barley holding a GED. they are rude and they have no knowledge of the products the store carries and there is not order. Try finding a manager or someone who speaks English with a broken accent is also a challenge. I remember when they first opened, I thought it would be nice to have this kind of store near by, closer than the Target which was 32 miles away…I’d rather make the drive to Target. I don’t shop at Target that much either, but I will NEVER shop at another Wal-Mart store.

  • Blake

    I work at Walmart and amazingly hold a full time posiition. Unfortunately it does not pay well enough so I can save enough to move out of my parent’s house. I have nothing to my name. Next year their payroll deductions + federal tax will be high enough I will be living paycheck to paycheck under my parent’s roof!

    PS Walmart advocated for Obamacare and spent millions to make sure the Government forces it into law, and now they don’t want to enforce it.

  • flor

    For all what I have read here, we need to closed all wal-marts. And don’t give any help to anybody who work in Wal Mart in that way they will have to raise the salaries for their employees. The US. goverment have to put a plan to open cooperatives at low cost intermediately to in-root the buyers to american stores. We need to act now, but that is a job of the government that is the one who let this enemies attack our security in a different way, not only the wars are made with guns. Like in Irak after 15 years we loss the war and life’s. China put us to eat in their hands and is wining the war and less time and with a big gain. where is the Harvard University that doesn’t wake up their students and alert the politicians? Who talk us that communist is going to give us something? or the capitalist is going to take us out of poverty? No way Jose! We need to think better and different way to safe our families. But becareful if you keeping buing groceries there you cold be find your self aeting rats, dogs, etc.

  • flor

    For all what I have read here, we need to close all Wal-marts.
    And don’t give any help to anybody who work in Wal Mart in that way they will
    have to raise the salaries for their employees. The government of US. have to
    put a plan to open cooperatives at low cost immediately to in-root the buyers
    to American stores. We need to act now, but that is a job of the government
    that is the one who let this enemy’s attack our security in a different way,
    not only the wars are made with guns. Like in Iraq after 15 years we lost the
    war and lives. China put us to eat in their hands and is winning the war and
    less time and with a big gain. Where is the Harvard University that doesn’t
    wake up their students and alert the politicians? Who talk us that communist is
    going to give us something? or the capitalist is going to take us out of
    poverty? No way Jose! We need to think better and different way to safe our
    families. But be careful if you keeping buying groceries there, you could be finding
    your self eating rats, dogs, etc.

  • Dan

    it is clear, just buy stock in W M.
    W M is pure capitalism, while mom and pop were great, that system is now in the dust bin of history, get used to it.

  • mac

    Cr-p look at any of the competition, where are most of there products from overseas. Living on the West Coast of Canada even before Wal-Mart came West there were many products then were from overseas. So it was being done by many long before Wal-Mart.

  • Bill Ratliff

    I completly agree. Although i come from a upper middle class family, i want to see the us, or even the red cross destroying walmart for crimes against humanity. because that is exacly what they have done. i want to see them explode, burn in a flame, just as they did to us.

  • Joseph

    I will never shop at wal-mart again.The owners are rude and do not care about people.They only care about the almighty dollar they make from american people who do not know anything about them.For instance,I was shopping there last week and got stabbed in my thumb.I needed medical care and I had to pay my own medical bills because they said they were not liable for my injury.I went into the store unharmed and left with a bleeding stab wound.I am taking anti-biotics in hope that it will heal because I am on my own with no medical help.I know people will continue to shop there,but I will not.I also found worms in frozen catfish and canned soup.I think its worth paying a little more to get food that we can eat and not having to fear another injury or worse.

  • John Kremer

    I say Walmart should be the next place for a mass killing or total destruction of the store but American insurance probably insure them.

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