Wednesday, May 11, 2011

Made in America

Wal-Mart, for American consumers is a great company. Their products are cheap and it sells virtually everything needed in the typical American home. However, for the countries producing Wal-Mart products, it is hindering their ability to grow economically and creating dependency in these countries on Wal-Mart and other US companies taking advantage of cheap labor. Personally, I believe in buying American, because built in America means built to last. With Wal-Mart’s involvement in China, China has been able to grow economically and help US companies reap huge profits due to cheap labor and products. I do believe America benefits from Wal-Mart, but since the 80’s and 90’s and many of Wal-Mart’s suppliers shutting down American facilities and moving to Asia, thousands of Americans are out of work. The fact Wal-Mart is taking away American jobs is not good for Americans. However, with the low prices, people are able to save more money and new job markets are being created. However, it’s difficult finding new jobs when all you’ve ever done is worked in a factory and don’t have any formal job training. With the American economy being what it is, stores like Wal-Mart are actually good for the public because of its low prices. It’s helping China gradually become what will be an economic superpower, maybe even taking over the United States one day economically. For this reason, I feel Wal-Mart hurts American more than it helps. It’s allowing other companies to invade our economy and take money away from the American people. We need to get back to the days when everything was built in America, instead of utilizing cheap labor from other countries.

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