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View Full Version : Anyone see this? "Walmart CEO Expects Inflation by June"



blasternank
03-31-2011, 09:40 AM
I know we've been experiencing it everytime we go to the store but now Walmart CEO is stating that he expects a lot of inflation by June-Not too far away! This is why an ignorant populist is so dangerous! They have no clue what printing all of that funny money really means!

http://www.usatoday.com/money/industries/retail/2011-03-30-wal-mart-ceo-expects-inflation_N.htm

klcarroll
03-31-2011, 11:25 AM
Yep! ........The time to "Pay The Piper" is coming!

......I simply can't wait until the 2012 Election!!!

Kent

white eagle
03-31-2011, 12:35 PM
never been to walmart

sundog
03-31-2011, 12:50 PM
White, Eagle, yer not missin' nuthin'.

ia1727
03-31-2011, 01:21 PM
Even their CEO looks like a "Wal-Mart" employee--I hate the place--hope they go under and stay there.

Steve

looseprojectile
03-31-2011, 04:52 PM
disregard the inflation we already have and start over in a few months?

What planet is this guy from?

Is inflation gonna really start to accelerate?

I got my seat belt on but I ain't ready.



Life is good

kbstenberg
03-31-2011, 05:49 PM
Here in Minn. the legislature (primarily Rep.)is going on a major cost cutting spree. An our newly elected Gov (Dem.) is also pushing for spending cuts. But the Gov. is also proposing funding for a new F.B. stadium as well as other major spending bills.
An everyone an his brother is yelling cut someone Else's funding not mine, I am too important.
As far as I am concerned cut everyone equally strait across the board. That way no one can say you cut us more than anyone else.
Kevin

mroliver77
03-31-2011, 11:40 PM
Yep! ........The time to "Pay The Piper" is coming!

......I simply can't wait until the 2012 Election!!!

Kent
Not picking on you Kent but what will change. We will have the choice (again) of death by stabbing or death by a thousand cuts.

True conservatives never go far politically.

I hate being negative but I love this country and it makes me ill what is happening to it.
Jay

Idaho Sharpshooter
03-31-2011, 11:46 PM
Easy answer: don't shop at the Great Wal(l)Mart of China anymore. They are going to need a lot higher profit margins to pay Albert Pujols that $300 million ten-year contract he wants. I have decided my family is going to look for the Made In America tag on everything from now on.

regards,

Rich

Phillip
03-31-2011, 11:59 PM
White, Eagle, yer not missin' nuthin'.

Humm, I don't know, some times it can be.....Ah here you go....

http://www.peopleofwalmart.com/

Bret4207
04-01-2011, 06:05 AM
Yeah boy, I sure hope Wally world goes under, Then the 75 people they employ will be out of work and we can go back to having the Mom and Pop places that are open from 8 or 9 til 4 or 5 and stock even cheaper garbage at much higher prices. Yeah, that'll be great!

BudRow
04-01-2011, 06:31 AM
Buy your wheelbarrow now so you can haul your dollar bills to the bakery to purchase bread.

WILCO
04-01-2011, 06:50 AM
Even their CEO looks like a "Wal-Mart" employee--I hate the place--hope they go under and stay there.

Steve

I really dislike this type of thinking. It reaks of ignorance. Walmart is a business that employs thousands of people, pays taxes in communities, offer stocks for the market to buy and so on. They have a place in the free market and their customers like what they do. It's called competition. If you don't like what they do, vote with your wallet and move on. There's many reasons why the liberals attack this company on a daily basis and that's a big reason why I support walmart.

WILCO
04-01-2011, 06:51 AM
Buy your wheelbarrow now so you can haul your dollar bills to the bakery to purchase bread.

I have two.

parrott1969
04-01-2011, 07:01 AM
Bret4207, I am with you. All these walmart haters have not a clue. Walmart employs a HUGE amount of people and many of those make a very good wage. Lets see delivery driver $80 to 90 thousand a year, warehouse worker $14 hour (in Mississippi), Maintainece worker in same warehouse $20 hour, store manager $100k ish ( had a relative that did startups and he made around $250k after bonus (hear say), department manager makes retail standard wage, cashier retail standard, then there is the construction worker, truck driver that brings goods to walmart DC $60,000, then there is the supply chain employee's.
Many people do not understand that retail companies do not have many full time employee's. Most of the people you see at the store's are part time. It is just how it works in retail from walmart to kroger to public's to target and on and on and on.

It seems to me that there are a bunch of UNION snobs here hating on the most prosperous company in the country. Go a head Hate, hope they fail. If they were to go under this country will fall harder than a 100 lead ball droped from 50,000 feet! Then all you haters could be happily paying whatever mark up the mom and pop wanted because there would be no competition. Then you can start hating on them and they can go out of business. And you can grow your own food. OOOOOOPS!!! Sorry I forgot most people do not live where they can garden or are too lazy, sorry. Well you can eat FIDDO and when he is gone you can eat your neighbor, if they do not eat you first.

So go a head KEEP HATING

blasternank
04-01-2011, 08:54 AM
The guy was saying that inflation is going to hit hard and they will be able to fight it off better than others BUT because of their huge buying power it will not be as bad for them but others will be worse of.

As far as the haters of Walmart it's been proven as a result of them just being around they save every American thousands of dollars a year by making sure their prices are low and forcing fat retailers not to fleece customers. I can see both sides of the coin but everywhere you see a Walmart open it's funny how you see a bunch of other smaller businesses open up right next to them and try to ride their coat tails. JMHO

waksupi
04-01-2011, 11:36 AM
Someone may be printing the money, but they aren't sending it to us. If you think the guy is scare mongering about inflation, just go on about your business. It has been clear to me for two years that things continue to spiral down.

BudRow
04-01-2011, 02:10 PM
Inflation is a flat tax on us all. If you print money that has not been backed up by an equal amount of value produced by goods and / or services, then you cheapen the dollars that are. Obama said he would not raise taxes on those making less than $250,000 - yeah, right. We are now "lending" ourselves money. I saw a book at Border's the other day that deals with Obama"s economic policy. It was titled "Trickle up Poverty". He wants to spread the wealth around. He seems to think that wealth is a finite quanity and to those that don't have it he says "That man over there has more money than he'll ever need and I am sure some of it is meant for you". The wealth is like electricity, it is generated. If you confiscate from the deserving and give it to the irresponsible then you destroy the incentive for the man who works hard and exspects to benefit from his labor. To the man that receives something for nothing, you destroy the incentive for seeking industry to secure benefit for himself. Sorry for the rant.

Recluse
04-01-2011, 02:58 PM
I know we've been experiencing it everytime we go to the store but now Walmart CEO is stating that he expects a lot of inflation by June-Not too far away! This is why an ignorant populist is so dangerous! They have no clue what printing all of that funny money really means!

http://www.usatoday.com/money/industries/retail/2011-03-30-wal-mart-ceo-expects-inflation_N.htm

Barack Obama -- a half-black version of Jimmy Carter, but on steroids when it comes to arrogance, cluelessness and stupidity.


:coffee:

pls1911
04-01-2011, 04:41 PM
They have to pay for their class action suite somehow....

tonyjones
04-01-2011, 05:40 PM
If you want to know about inflation check out the National Inflation Association at inflation.us and sign up. Membership is free.
Tony

bowfin
04-01-2011, 06:07 PM
I used to make $17.00 an hour. Gas was under two bucks a gallon, a Star Wars action figure was $3.47 (for the kids, not me), and I bought 550 rounds of .22 long rifle ammunition for $10.99...

...now I make $17.02 an hour. Gas is $3.50 a gallon, a Star Wars action figure is $6.87, and that .22 ammo is now $19.00. My electric bill went up 11%, and is scheduled to go up double digits next year. That eats up that extra 2¢ awful fast.

Then again, I'm glad I am not just starting out, and it's easier to be happy with what you have and not try to have what you think will make you happy.

Only twice in 18 years has my wages increased more percentage wise than the tuition at the in state universities.

My father had to work 471 hours to buy a new Chevrolet pickup. Doing similar work, I would have to work 1,764 hours at the same type job to buy a new Chevrolet pickup.

azcruiser
04-01-2011, 06:15 PM
Easiest and fastest way to get the country back on track would be to export the 15 million Illegal immigrants .This would help cut down the unemployment numbers .The best way to stop using so much gasoline is to deport 15 million illegal immigrants less oil imported .Exporting 15 million illegal immigrants would put a big dent in the health care cost. Save a huge amount on boarder state budgets . Heck in AZ think the number is now something like 1 in 8 are here illegally . Or go what they do in Australia think you need $100,000.00
speak and write English .One of you guys who's good with math whats 15million x $100,000.00 dollars =

azcruiser
04-01-2011, 06:22 PM
bofin like the numbers did it with my first brand new car 1971 vw super beetle cost $1300.00
was making $10.00 hr came out to 130 hrs .It was a union job back then .

BorderBrewer
04-02-2011, 12:14 AM
Inflation? how bout hyperinflation....

http://www.stansberryresearch.com/pro/1011PSIENDVD/PPSIM177/PR

beanflip
04-02-2011, 12:48 AM
Easy answer: don't shop at the Great Wal(l)Mart of China anymore. They are going to need a lot higher profit margins to pay Albert Pujols that $300 million ten-year contract he wants. I have decided my family is going to look for the Made In America tag on everything from now on.

regards,

Rich

Good luck finding all the items that you want or need that are MADE IN USA.

Just for instance tires....... the only ones that are made in the USA are the brand COOPER TIRES.

Oh take a look at the new firearms that are available today that we buy now just think......are all the parts of the firearms MADE IN THE USA?


Just my 2¢ worth

Bret4207
04-02-2011, 07:58 AM
In 1981 I was in Korea. While there I saw dozens of shoe shops where Dunham boots ( a big brand in the US at the time) were being made. I watched the "Made in the USA" tag get sewn on. I agve up looking for the tag right then.

Nothing is "made in the USA" anymore. The Cooper tire might be manufactured in the USA, but where do all the products to make the tire come from? A Marlin rifle might be manufactured int he US but where does all the steel and plastic come from? Where is it mined?

We live in a global economy. I don't have a huge issue with buying an item made with plastics from Saudi oil, Korean steel, Russian wood, Brazil copper, etc. We don't allow the steel industry to produce anything here, or for copper mines to run, or to drill for oil, etc. Our gov't has made doing business elsewhere and stamping the product "USA" not only legal but entirely more profitable. And then there are the UNIONS that can't seem to be happy with a decent wage, the socialists and communists among that work to tear the bigger fish into bite sized pieces so no me can excel.

Good luck with shutting Walmart down. When you do you can turn to gov't to fix the problem you created.

blasternank
04-03-2011, 10:50 AM
My Dad was big in the early 80's and beyond trying to get people to buy only in the USA. Now he admits as everyone else that it is impossible to buy everything made in the USA. Given a chance I'll pick USA for everything but you rarely can find that. Look at Ford and all the "American" automakers. Most of their components and all that come from other countries. Sure they are located here but that's it. Honda, Toyota and all of them are foreign companies but have factories here and build them here in the USA. Sure most profits go overseas but the workers and communities benefit greatly as a result of their factories.

Storydude
04-03-2011, 12:01 PM
Good luck finding all the items that you want or need that are MADE IN USA.

Just for instance tires....... the only ones that are made in the USA are the brand COOPER TIRES.

Oh take a look at the new firearms that are available today that we buy now just think......are all the parts of the firearms MADE IN THE USA?


Just my 2¢ worth

I guess the Dunlop Plant 20 miles from my door doesn't make tires?

I'll bet the guys I know that work there would be shocked to know this.:rolleyes:

Rafe Covington
04-03-2011, 12:08 PM
Bret4207, I am with you. All these walmart haters have not a clue. Walmart employs a HUGE amount of people and many of those make a very good wage. Lets see delivery driver $80 to 90 thousand a year, warehouse worker $14 hour (in Mississippi), Maintainece worker in same warehouse $20 hour, store manager $100k ish ( had a relative that did startups and he made around $250k after bonus (hear say), department manager makes retail standard wage, cashier retail standard, then there is the construction worker, truck driver that brings goods to walmart DC $60,000, then there is the supply chain employee's.
Many people do not understand that retail companies do not have many full time employee's. Most of the people you see at the store's are part time. It is just how it works in retail from walmart to kroger to public's to target and on and on and on.

It seems to me that there are a bunch of UNION snobs here hating on the most prosperous company in the country. Go a head Hate, hope they fail. If they were to go under this country will fall harder than a 100 lead ball droped from 50,000 feet! Then all you haters could be happily paying whatever mark up the mom and pop wanted because there would be no competition. Then you can start hating on them and they can go out of business. And you can grow your own food. OOOOOOPS!!! Sorry I forgot most people do not live where they can garden or are too lazy, sorry. Well you can eat FIDDO and when he is gone you can eat your neighbor, if they do not eat you first.

So go a head KEEP HATING

I totally agree with you on this:goodpost:

Rafe

GLL
04-03-2011, 12:17 PM
Buy your wheelbarrow now so you can haul your dollar bills to the bakery to purchase bread.

Unfortunately that wheelbarrow is probably made in China ! Trying to find "Made In America" in the stores sometimes requires real effort on the buyers part. Small appliances and electronics are really tough to find ! You might as well buy them at WalMart where they are cheap and they employ locals.

It took me four REAL hardware stores ( not WalMart/OSH/HomeDepot types) before I found a 15 pound sledge hammer made in USA ! SAD ! :( Anyone ever use a Chinese sledge hammer? I have destroyed them in just one summer field season breaking rocks !

Jerry

garbear
04-03-2011, 12:31 PM
Thank goodness we have the means to grow most of our food. enough said We aren't going to starve due to infalation


The only thing I dislike about Walmart is there is no quick trip in and out. With a large family we try and cut our cost as much as possible. There isn't a Walmart in my whole county. I have to go either up to Payson Utah about 60 miles north or to Ceder City Utah a 2 hr drive south. Any time we go these places we got to Wally world

jcwit
04-03-2011, 05:10 PM
To all the WalMart bashers and those that call it chinamart, and those that refuse to shop there, better take a look at the tags telling them the country of origin and take a look under their keyboard to see where the computer is made, might check the large screen television also. Take a look at all the electronice in their vehicles also.

nanuk
04-03-2011, 05:26 PM
Bret4207, I am with you. All these walmart haters have not a clue. Walmart employs a HUGE amount of people and many of those make a very good wage. Lets see delivery driver $80 to 90 thousand a year, warehouse worker $14 hour (in Mississippi), Maintainece worker in same warehouse $20 hour, store manager $100k ish ( had a relative that did startups and he made around $250k after bonus (hear say), department manager makes retail standard wage, cashier retail standard, then there is the construction worker, truck driver that brings goods to walmart DC $60,000, then there is the supply chain employee's.
Many people do not understand that retail companies do not have many full time employee's. Most of the people you see at the store's are part time. It is just how it works in retail from walmart to kroger to public's to target and on and on and on.

It seems to me that there are a bunch of UNION snobs here hating on the most prosperous company in the country. Go a head Hate, hope they fail. If they were to go under this country will fall harder than a 100 lead ball droped from 50,000 feet! Then all you haters could be happily paying whatever mark up the mom and pop wanted because there would be no competition. Then you can start hating on them and they can go out of business. And you can grow your own food. OOOOOOPS!!! Sorry I forgot most people do not live where they can garden or are too lazy, sorry. Well you can eat FIDDO and when he is gone you can eat your neighbor, if they do not eat you first.

So go a head KEEP HATING

I don't hate WalMart, but I am very disappointed. They employ many folks but pay just a bit more than minimum wages. only 20 hours per week for anyone who is NOT supervisor/management... that means no benefits.
So what folks do, is communte to Walmart (20min) work the AM shift at Walmart for 4 hours (4:20) take a lunch break for an hour/hour and a half (5:20) then cross the street to SuperStore and work another Parttime 4hr shift (9:20) then commute home (9:40)... So a simple shift turns in to an almost 10hr day, and for what, $80???? or should I say $56 after taxes....

AND NO BENEFITS

I don't know about you, but I can't hardly pay the $1000 living costs PLUS food for that Generous $1200/mo that WalMart/Superstore gives me.... And I better hope I don't get sick.... NO SICK BENEFITS... or need a perscription for meds. Or a new set of clothes...

I think you get where I'm coming from

jcwit
04-03-2011, 05:37 PM
So just who's forcing anyone to work at WalMart. I'm now retired, but during my whole working career I never worked where I didn't want to.

357shooter
04-03-2011, 05:46 PM
I don't hate WalMart, but I am very disappointed. They employ many folks but pay just a bit more than minimum wages. only 20 hours per week for anyone who is NOT supervisor/management... that means no benefits.
So what folks do, is communte to Walmart (20min) work the AM shift at Walmart for 4 hours (4:20) take a lunch break for an hour/hour and a half (5:20) then cross the street to SuperStore and work another Parttime 4hr shift (9:20) then commute home (9:40)... So a simple shift turns in to an almost 10hr day, and for what, $80???? or should I say $56 after taxes....

AND NO BENEFITS

I don't know about you, but I can't hardly pay the $1000 living costs PLUS food for that Generous $1200/mo that WalMart/Superstore gives me.... And I better hope I don't get sick.... NO SICK BENEFITS... or need a perscription for meds. Or a new set of clothes...

I think you get where I'm coming from
There are a bunch of companies that use the part-time hourly model. Because if they don't, the extra taxes are prohibitive. Uncle Sam gets a bunch of the blame for this business model due to over-regulation and putting tax burdens that make having full-time employees a bad business decision. Employees cost more than the withholding that we all see in our pay-stubs. It's one important consideration when determining who is at fault.

Charley
04-03-2011, 06:04 PM
Spent a decade and a half in the retail food business. (Glad I'm not still in it!) Many things have changed since then, but much of the major stuff hasn't. Most large retailers use the part time model, as pointed out, to be able to be profitable at all. Research the "matching" taxes employers must pay, and you might get a clue what they are up against. Food retailers used to do well with a10% gross overall, with a net of about 1-2%, IF they were lucky.
Granted, Walmart has many other lines of merchandise, and the gross is higher, but it is doubtful, given their pricing structure, that the net is very large percentagewise. Volume is their safety net. No volume, it would be easier and more profitable to invest the money elsewhere...perhaps China.

A free market is just that. You don't want to work for an employer, don't. Don't want to buy a company's brand? Don't. Don't want to do business with a retailer? Don't. Try having a clue about things, though.

Back to the original topic, IMO we are going to see the late 1960s/ early 1970s style inflation again, and soon.

oldhickory
04-03-2011, 06:08 PM
Wally World's about the only dept. type store we got around here, unless we travel 25-30 miles to either Harrisburg, or Sunbury, so we buy certain things there. Most food items we buy at an Amish bulk store, or the farmer's market. Clothing we buy from a fellow at the farmer's market that sells top quality surplus commercial clothing like the uniform companys use for $8.00-$10.00 for a pair of jeans that out-last what you get in stores by a year or better. All told, we spend about 20% of our monthly store budget at Wally World which is greatly reduced from when they first built here several years ago. Nothing against them, they're nice people and our neighbors that work there, we just spend a little more wisely these days.

troyboy
04-03-2011, 06:52 PM
You can buy stuff for your automobile, guns and ammo, food, clothes,and most anything else. What is not to like about that? IF YOU LOOK you can find Made in Usa at WM. I don't hear any Lowe's bashing. You ain't gonna find any american products there. I will tell you one thing ......wm has a better selection of groceries than most grocerie stores and cheaper! BTW the LIEBHERR T282 400t Ultra Class Haul Truck is made right here in Newport News Va USA by AMERICANS. They announced last summer they were going to devaluate the dollar to attract foreign money REMEBER...... That is inflation on purpose. OUR GOVERNMENT IS OUT OF CONTROL.

blasternank
04-03-2011, 08:11 PM
Lets also not forget that for groceries Walmart wouldn't have gotten into it if the major grocers wouldn't have been reckless and gouging and never listening to their customers.

Bret4207
04-04-2011, 06:10 AM
I don't hate WalMart, but I am very disappointed. They employ many folks but pay just a bit more than minimum wages. only 20 hours per week for anyone who is NOT supervisor/management... that means no benefits.
So what folks do, is communte to Walmart (20min) work the AM shift at Walmart for 4 hours (4:20) take a lunch break for an hour/hour and a half (5:20) then cross the street to SuperStore and work another Parttime 4hr shift (9:20) then commute home (9:40)... So a simple shift turns in to an almost 10hr day, and for what, $80???? or should I say $56 after taxes....

AND NO BENEFITS

I don't know about you, but I can't hardly pay the $1000 living costs PLUS food for that Generous $1200/mo that WalMart/Superstore gives me.... And I better hope I don't get sick.... NO SICK BENEFITS... or need a perscription for meds. Or a new set of clothes...

I think you get where I'm coming from

People make choices. Some people pursued careers with a future or built a business that would last. Others stuck with a failing career despite seeing things crumble. Others never planned at all. The last 2 groups are most of the people I see working part time at Walmart. But they are WORKING, not living on welfare.

ia1727
04-04-2011, 03:04 PM
To all that either love or hate Wal Mart--get better informed. There are two shows produced about Wal Mart on PBS. EVERYONE needs to see these to become better informed. They are titled:

"Can America Afford Wal Mart" and "Blue China"

Think of your mothers, wives, daughters, grand daughters, etc. while watching.

After you watch these you may or may not change your position.

jcwit
04-04-2011, 05:24 PM
You REALLY want us to watch a documentary put out by PBS? Maybe one they did on Firearm possession?

blasternank
04-05-2011, 09:27 AM
You REALLY want us to watch a documentary put out by PBS? Maybe one they did on Firearm possession?

I agree. Any documentary by PBS is automatically considered suspect. The leftists have all been about putting Walmart out of business.

bowfin
04-05-2011, 09:48 AM
When Sam Walton was alive, there were big signs on all the displays telling how many jobs in America were generated by Wal-Mart stocking that particular item. Sam died, and that went by the wayside. I guess it was important to him.

It is not easy to find "Made in the U.S.A." in every product line. I, for one, do make an effort and will continue to do so.

Now, the argument has been advanced by some of you that if we can't buy EVERYTHING made in America, then we are excused from making an effort of buying ANYTHING made in America. To each his own, but that is like saying that if we can't keep everybody from littering, then it doesn't matter if we litter ourselves.

Here is a website that lists some American brands:

http://www.stillmadeinusa.com/

http://madeinusaforever.com/

http://www.madeinusa.com/

white eagle
04-05-2011, 10:56 AM
I really dislike this type of thinking. It reaks of ignorance. Walmart is a business that employs thousands of people, pays taxes in communities, offer stocks for the market to buy and so on. They have a place in the free market and their customers like what they do. It's called competition. If you don't like what they do, vote with your wallet and move on. There's many reasons why the liberals attack this company on a daily basis and that's a big reason why I support walmart.

just because one person or few happen not to share the same point of view as you does not make their p.o.v. any less valid or ingnant
what makes the world go round

mtnman31
04-05-2011, 12:02 PM
Wilco makes a valid point. Walmart employs thousands and not just directly. Think about all the jobs that exist in support of Walmart just as far as logistics. All that product has to be moved. Those Walmarts all have to be built and maintained, and they provide a huge tax income for the communities they reside in. In my local super Walmart they have a large selection of fresh food that is all product of the local region. While it may not be from the same town that the Walmart resides in, it is from the surrounding community. Those fresh donuts aren't imported from China.

America has become a consumer society and not the manufacturing powerhouse we once were. That is a whole different discussion that covers not only the politics of our country but our society's changing work ethic, national pride, and growing apathy. Our US import and export laws are what keep the situation from changing any. Our exported products are tarrifed and taxed by other countries at such a high level as to make our products too expensive for foreign consumers. Yet we don't have the same level of tarrif and taxing on improts coming into this country. The foreign companies have the advantage in their home lands of little to no foreign competition and US manufacturers are competing against foreign companies that can import into the US with little to no importing taxes/tarrifs. If the government really cared about the trade deficit they would have taxes/tarrifs for imports equivalent to what our exports are taxed and tarrifed when the product arrives on foreign shores.

As for wages. People's earning potential is not a guarantee or entitlement. For those that complain about how little Walmart pays, look for a different job that pays better. No one is forcing them to work there. Face it, how much money should a stock clerk or cashier make? If I owned the business I'd be thinking minimum wage; it is after all, unskilled labor. If an employee doesn't like their healthcare benefits, or lack of, they can always find a different job that has better benefits. Don't have the skills or education to find a better/different job? Then quit complaining about where you are at in life, get off your duff and do something to improve your position in life.

America may not be perfect but it is the best thing going and last time I checked it is still the land of opportunity. In my book Walmart isn't perfect but they are a great example of American success. A businessman doesn't start a business in order to barely scrape by. They do it to make a good living and have success. I'd say Walmart has succeeded in becoming a success and there are thousnads of American business owners who would love to have a fraction of the success of Walmart. If consumers don't like Walmart they are free to spend their money elsewhere. On the other hand, millions of Americans are probably thankful for Walmart's lower prices. Those low prices give them more buying power for their dollar. It means at the end of the day they may have a few more dollars left over of disposable income to spend at other businesses in their local community such as a restaurant, or movie or at their local gun shop.

Just to play devil's advocate. American made is not always the best choice for an informed buyer. There are some foreign companies that do in fact make a superior product and/or a more affordable product of equal quality. Personally, I have an issue with some of our biggest and oldest AMERICAN companies. How many foreign companies have been run into the ground through irresponsible and poor managment then asked for and received a bailout from the US taxpayers dollar? Those underpaid Walmart employees are the same ones whose tax dollars bailed out General Motors and bailout the airlines when they go bankrupt every few years...

Sorry for the LONG rant but the entire subject is not just a simple argument/discussion. It is a complex argument and influenced by a multitude of factors. Not as simple as "you shouldn't shop there becasue they sell cheap Chinese products".

4given
04-05-2011, 01:06 PM
Walmart hasn't been the "low price Leader" for sometime now.

Buy USA Made when you can!

jcwit
04-05-2011, 04:11 PM
Walmart hasn't been the "low price Leader" for sometime now.



Then enlighten us, who is? Sure isn't Target or Meijer here in the midwest!

lcclower
04-05-2011, 07:20 PM
... the Great Wal(l)Mart of China anymore. .


Rich, that's a better perjorative than WallyWorld.

We also seek American goods, and try to avoid Walmartians at all cost. LC

Bret4207
04-06-2011, 06:47 AM
Tell me guys, where are you going to find affordable American made products? I would buy American if I could, if the quality was as good, if the price was as good (sorry, it DOES matter), and if I could even find anything American made. Just cuz it has a "USA" label doesn't mean an American had anything to do with making it.

FYI- In my area shopping at someplace other than Walmart means getting ripped off by a local elitist.

jcwit
04-06-2011, 10:21 AM
I agree with Bret, whether WalMart or not.

Example, Plumb brand 16 oz. claw hammer with fiberglass handle, approx $15.00, No idea where its made.

Imported hammer, no name, same style with same specs., definitely Made in china $3.99.

Now granted if you are in the trades you might buy the plumb, but for the avg. joe wanting a hammer around the house that hanges in the garage 90% of the time?

ia1727
04-06-2011, 05:36 PM
I agree with Bret, whether WalMart or not.

Example, Plumb brand 16 oz. claw hammer with fiberglass handle, approx $15.00, No idea where its made.

Imported hammer, no name, same style with same specs., definitely Made in china $3.99.

Now granted if you are in the trades you might buy the plumb, but for the avg. joe wanting a hammer around the house that hanges in the garage 90% of the time?

Plumb hammer--made in the USA ( by tax paying US Citizens) by Coopertools in Raleigh, N.C--Guaranteed for LIFE.

Chinese Hammer--obviously Made in China ( by any child of any age or sex probably)
Guaranteed until you get it home and actually use it. If by chance you strike a surface with it wrong and a piece of the forging flies up and hits you in the eye and takes your eye out--you going to sue the child, the Chinese Govt., the importer or the retailer ?

We are our brothers keeper wether we wish to be or not--keeping Americans working keeps all of us prosperous--simple economics.

Ole
04-06-2011, 06:02 PM
Due to higher metal prices, Hornady, ATK, and Winchester are all raising their ammo and component prices by 10-15% as of May 1st. Just the beginning.

I just got done buying 4200 .22LR's because that's the only thing I shoot very much of that I can't make myself. :mrgreen:

jcwit
04-06-2011, 06:27 PM
Chinese Hammer--obviously Made in China ( by any child of any age or sex probably)
Guaranteed until you get it home and actually use it. If by chance you strike a surface with it wrong and a piece of the forging flies up and hits you in the eye and takes your eye out--you going to sue the child, the Chinese Govt., the importer or the retailer ?



OK, Now that you brought it up. My source of the china made tool was Harbor Freight Tools. And yes they have a no questions asked guarantee, so that is a moot point. Now then we have dock workers unloading the ships who are also U.S. citizens & paying taxes, let alone all the others involved in the transfer process, think paper pushers. As far as child labor I know nothing about that frankly, however I do believe it would be a good thing if we allowed some young teens to work today. I started working at the ripe old age of 13, and was doing the ordering for a hardware store at 14, worked a 50 hour week during the summer while school was out, sure was nice to have my own money, never hurt me either.

Sue someone if the tool breaks and hurts someone, seems like H/F is pretty obviously present and able to sue if that is what one wishes, after all sueing is a good way to be ones brothers keeper, your brother who is a lawyer that is.

Furthermore I believe I heard "may be wrong tho" that plumb hammer heads were forged overseas and shipped here for finishing and assembly, soooooooooo?

BTW, go thru your house and remove all the imported items you already use, start with your computer.

Little add-on-- Just did a search on a bunch of the Made in the U.S.A. sites and Plumb Hammers was not listed at all as U.S.A. made. Cooper is listed as a U.S. company, now owned by the same parent co. that makes Sears tools, Lufkin, and many more.

ia1727
04-06-2011, 11:22 PM
OK, Now that you brought it up. My source of the china made tool was Harbor Freight Tools. And yes they have a no questions asked guarantee, so that is a moot point. Now then we have dock workers unloading the ships who are also U.S. citizens & paying taxes, let alone all the others involved in the transfer process, think paper pushers. As far as child labor I know nothing about that frankly, however I do believe it would be a good thing if we allowed some young teens to work today. I started working at the ripe old age of 13, and was doing the ordering for a hardware store at 14, worked a 50 hour week during the summer while school was out, sure was nice to have my own money, never hurt me either.

Sue someone if the tool breaks and hurts someone, seems like H/F is pretty obviously present and able to sue if that is what one wishes, after all sueing is a good way to be ones brothers keeper, your brother who is a lawyer that is.

Furthermore I believe I heard "may be wrong tho" that plumb hammer heads were forged overseas and shipped here for finishing and assembly, soooooooooo?

BTW, go thru your house and remove all the imported items you already use, start with your computer.

Little add-on-- Just did a search on a bunch of the Made in the U.S.A. sites and Plumb Hammers was not listed at all as U.S.A. made. Cooper is listed as a U.S. company, now owned by the same parent co. that makes Sears tools, Lufkin, and many more.

Keep searching--NOW you are becoming informed. Yes Cooper is the parent company--Cooper Hand Tools as it is correctly called is a division of Cooper, the parent company, based in Texas.

Plumb hammers are manufactured in the USA at a factory solely owned by Cooper Hand Tools, I worked for Cooper Hand Tools for 8 years and have been to the Plumb factory on many different occasions.

As I said--keep doing your searches--the more informed you are the better consumer you will be.

Bret4207
04-07-2011, 06:17 AM
As long as we're talking hammers, my Dad was an Estwing man. We had everything Estwing made with the leather handle. Every few years or a decade or so Dad would have to take one of his hammers back and have it rehandled under Estwings lifetime warranty. I'd done the same thing with several myself. Not anymore! Estwing won't honor that warranty at all. I have hammers that are older than I am that are done now.

Just what does that say about "buy American"?

Recluse
04-07-2011, 10:02 AM
Chinese Hammer--obviously Made in China ( by any child of any age or sex probably)
Guaranteed until you get it home and actually use it. If by chance you strike a surface with it wrong and a piece of the forging flies up and hits you in the eye and takes your eye out--you going to sue the child, the Chinese Govt., the importer or the retailer ?

We are our brothers keeper wether we wish to be or not--keeping Americans working keeps all of us prosperous--simple economics.

The irony of your statement couldn't be more delicious than if it were served up with mesquite smoked BBQ with all the trimmings.

On one hand, you bring up "who are you going to sue" and then immediately after it, you urge us to "keep Americans working--simple economics."

And yet, I sincerely, sincerely doubt you see the correlation between your sue-happy mentality and the reason so much manufacturing HAS moved overseas. . .

Another one for the Ignore list.

:coffee:

blasternank
04-07-2011, 10:11 AM
The irony of your statement couldn't be more delicious than if it were served up with mesquite smoked BBQ with all the trimmings.

On one hand, you bring up "who are you going to sue" and then immediately after it, you urge us to "keep Americans working--simple economics."

And yet, I sincerely, sincerely doubt you see the correlation between your sue-happy mentality and the reason so much manufacturing HAS moved overseas. . .

Another one for the Ignore list.

:coffee:

My thoughts exactly when I read it! The attorneys and sue happy people are one of the main reason, along with our tax structure, why so many companies have been FORCED to other countries to be able to compete. If they had a loser pays and a fair tax type system in America you would once again see manufacturing everywhere in America. Problem is is that the Government and lawyers view manufacturing as a way to keep them alive and not a way to help people build solid lives.

jcwit
04-07-2011, 10:17 AM
Keep searching--NOW you are becoming informed. Yes Cooper is the parent company--Cooper Hand Tools as it is correctly called is a division of Cooper, the parent company, based in Texas.

Plumb hammers are manufactured in the USA at a factory solely owned by Cooper Hand Tools, I worked for Cooper Hand Tools for 8 years and have been to the Plumb factory on many different occasions.

As I said--keep doing your searches--the more informed you are the better consumer you will be.

Sure glad I did do some searching, and you sir need to do the same.
Cooper Tools, which Plumb is part of is now owned by Apex Tool Group, based in Spring, MD, they have mfg. facilities in 30 countries worldwide, employ approx, 7600, and have a revenue of approx 1.2 billion dollars. This joint venture was finalized on July 4, 2010.

Now then it just so happenes I went to our local hardware store for some fastners and while there I checked the hammers.
Plumb hammers by Cooper tools state on their sticker telling how good they are, state MADE IN CHINA.
Wonder if child labor is used in there manufacture?


Now with that knowledge, will you retract your statement?

WILCO
04-07-2011, 12:04 PM
I don't hate WalMart, but I am very disappointed. They employ many folks but pay just a bit more than minimum wages. only 20 hours per week for anyone who is NOT supervisor/management... that means no benefits.

Walmart jobs are entry level jobs..