Tuesday, July 12

Discussion--Why Lefties hate Walmart

I posted the following in the WorldMagBlog open thread. Interesting thoughts:

The poorer, less educated, and older consumers are, the more they believe in the goodness of Wal-Mart. Adults with a high school diploma and adults age 65+ gave Wal-Mart nearly as high a grade for "good corporate citizenship" as for "lowest prices."
AMERICAN DEMOGRAPHICS PERCEPTION STUDY, ADVERTISING AGE 6.6.05

What do you all make of it? I posted my reaction on my blog, but now I am thinking I need to hear other people out? Why is it that Wal-Mart is so hated? Is this just good ol' Political correcness run amock? I am sure there are some legitimate concerns regarding how WalMart does business, but tend to think those can be addressed without vilifying the company.

Any comments?

Josue Sierra
http://latinoissues.blogspot.com/

Posted by Josue Sierra at July 12, 2005 03:46 PM

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Lefties hate Walmart because they aren't unionized and socialist but ignore the fact they employ more people of less means than any other company and without Walmart's low prices the poor, really poor lefties will have no place to shop they can afford - especially with unions involved. walmat breaks no laws and is a great American success story.

Forget socialist Social Security. It's not social nor is it secure. Put $5,000 into your kids S&P 500 mutual fund one time when they are born or teach hem to put $75 week into it every week until they are 65 from their hard earned weekly pay starting at 18 years old. Both methods make them multi millionaires in future money and millionaires in today's money that will make them rich, sociable and secure in their old age without question - unless the USA fails along the way. But their investing in their and USA's future will make sure it doesn't fail - at least financially.

Posted by Llama at July 12, 2005 04:03 PM

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One legitimate criticism is that Wal-Mart drives everyone else out of business, including the smaller local stores and regional chains. People have also criticized them for the lower quality of the good they sell, which is what you would expect of a bargain store. There is also something of what I can only call a "snob" factor, in that a store that specializes in lower prices will necessarily attract persons of lower socioeconomic strata, to the chagrin of persons who see themselves as better.

Posted by Ken Abbott at July 12, 2005 04:04 PM

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I am a retired Railroader, and although our pension system is very similar to SSA, (better) when I retired in 1988 there were 3 drawing for every 1 paying in. They revamped it so that a portion was invested in the market. Since that time the retirement age has lowered to 60, widow benefits have been increased etc etc.

Draw your own conclusions.

Posted by Gil Helvie at July 12, 2005 04:39 PM

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Glad to know I'm not the only one to see the benefit of Wal-Mart.