in case you haven't been paying attention the last 10 or so years this is a quick overview. walmart has become the largest co in the usa. everywhere they open a new store local businesses go under. the ripple effects to the local economy not only include loss of jobs, but leases stop being paid, property taxes stop being paid, and people become unemployed. walmart on the other hand, negotiates reduced tax deals with local govts., lowers the wage base by 30% or more and offers nearly worthless benefits. their employes end up in the public hospitals without insurance and guess who gets to pick up the tab. you got it, that's right, it's the rest of us. local taxes have to go up to make up the shortfall. if you're among the poorest people in our country you might say it's still a good deal. they sell everthing cheap, pay just above minimum wages, and will hire you with no other skill sets. if you opt for their insurance you'll make a little over $5 an hr. there is a reason that the waltons are the richest family in our land. that said, BP is not walmart. no they are far smaller, but they are made in the same image. their impact on local businesses that they compete with will be similar. we all get to vote with our feet-wallets. i'll stick with the local B&T's. when i walk in the door they know my name and make me feel at home.
|
Threaded Mode