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Post Info TOPIC: Walmart


Guru

Status: Offline
Posts: 543
Date: Aug 28, 2013
RE: Walmart
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I always try to buy american if I can. I always look to see if it is made in china and if so try to find a substitute.

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Guru

Status: Offline
Posts: 2549
Date: Aug 28, 2013
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Watching CNN. A blurb about WMT wanting to spend $50billion over 10 years to "buy American". They got 300 consumer good manufactures together and asked them to produce domestically. 

The only thing I buy there is diapers and then rarely. Too much hassle to buy just one item and then wait in line to save a quarter. 

So, IMO, WMT forced many manufacturers offshore rather to pay a fair price for domestically produced goods. Now WMT is discovering that selling  lower price points gets you lower profits, and no potential domestic manufactures willing to risk capital,  Where I can, I will spend the extra $ to buy American and give service people a liveable wage. 

 



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