Is Wal-Mart Good for America? (full documentary) | FRONTLINE

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FRONTLINE PBS | Official

FRONTLINE PBS | Official

Күн бұрын

Пікірлер: 6 100
@ASkippingRock
@ASkippingRock 2 жыл бұрын
This documentary must be 20 years old. I am surprised people weren’t aware of the effects of Walmart. Amazon does the same thing now, if not worse.
@RalphChastain
@RalphChastain 2 жыл бұрын
Ya. It came out in 2004.
@anthonydelfino6171
@anthonydelfino6171 2 жыл бұрын
Amazon is absolutely the modern equivalent of Walmart. I saw that comparison a while back and refuse to shop with them as a result.
@swayback7375
@swayback7375 2 жыл бұрын
@@anthonydelfino6171 I wish I could afford to shop elsewhere, but often Amazon is at least 10% cheaper (with way better selection) than Walmart, and Walmart is atleast 10% cheaper ( often with more selection) than shopping at other brick and mortar shops. The quality may be questionable sometimes, but that’s the case almost anywhere you could shop, sometimes you can pay a premium and reliably get higher quality, but oftentimes the high end version is inferior quality, or less durable, etc. It’s really a sad state of affairs, it was bad in 04 when this aired, I fear things have only gotten worse
@keithhenderson3208
@keithhenderson3208 2 жыл бұрын
Is that the only thing that gave it away?
@anthonydelfino6171
@anthonydelfino6171 2 жыл бұрын
@@swayback7375 Order directly from the company making the item, Amazon is a middleman. If you're on the internet, you can spend a few keystrokes to sidestep them. But also as you're exemplifying, looking out only for our immediate self interest is what's causing the entire problem of low quality, low wages, and outsourced jobs. It'a all connected.
@dp26385
@dp26385 2 жыл бұрын
Until recently, most full time Walmart employees qualified for food stamps when Walmart had net income of 14 billion US dollars. Tax payers were basically subsidizing Walmart which is basically income redistribution, but bottom up instead of top down.
@pietrojenkins6901
@pietrojenkins6901 2 жыл бұрын
And they sharply cut back on having cashiers now its mostly self checkout. Their greed is too much.
@B5152g
@B5152g 2 жыл бұрын
Only in blue states. The employees in sane parts of the country were doing just fine.
@brianhanrahan7561
@brianhanrahan7561 2 жыл бұрын
@@B5152g You must be the head of the wall mart workers union Or did you appoint yourself as their spokesman?
@B5152g
@B5152g 2 жыл бұрын
@@brianhanrahan7561 nope just a person who unloads trucks and stocks the shelves.
@maggiemae7539
@maggiemae7539 2 жыл бұрын
Aren’t all Walmarts going through major remodels? Less products, but more so-called high end or higher dollar crap?
@kyxxit3664
@kyxxit3664 Жыл бұрын
19 years later this needs to be revisited and updated.
@jean-marcbrand1093
@jean-marcbrand1093 Жыл бұрын
Agreed.
@904jagzsuck5
@904jagzsuck5 Жыл бұрын
The numbers would be staggering.. almost 20 yrs ago
@story3877
@story3877 10 ай бұрын
I'm sure it would be dominated by Amazon and talking about the rise of unions and corporations trying to do union busting. I'd be very interested in seeing a follow up!
@Larry26-f1w
@Larry26-f1w 6 ай бұрын
You need to be updated if you think skyscrapers turn into dust midair by planes hitting them
@sebastianbelcher5354
@sebastianbelcher5354 11 ай бұрын
I worked there for 6 years. It was my first job and I started there during the recession. People asked "why don't you leave?" Well, it took me well over 100 applications to get an interview. I will say it quickly went downhill after the first year, and the only folks rewarded or treated well by the time I left treated Walmart like a cult. So glad to be out of there. Some of these folks could hardly afford to eat and they still threw other workers under the bus. Walmart is incredibly cultish wnd you really realize it the more time you spend there. Also, I notice how often Walmart managers tout profits and use the word "we" a lot. Waking up is realizing that there is no "we" there.
@magnus9165
@magnus9165 2 жыл бұрын
I spent over 20 years on the road, all over the USA. Wal-Mart ruined retail in every small town that they built in.
@kythrathesuntamer9715
@kythrathesuntamer9715 2 жыл бұрын
All true but you know what can be done in response to it? nothing.
@MarmaladeSally
@MarmaladeSally 2 жыл бұрын
@@kythrathesuntamer9715 Don’t shop there.
@rednoterecords198
@rednoterecords198 2 жыл бұрын
@@kythrathesuntamer9715 buy local
@dalebender4422
@dalebender4422 2 жыл бұрын
@@kythrathesuntamer9715 untrue, its only that you, like nearly 100% of the rest of the people, won't do the only thing you can do in response......which is to refuse to shop there. You can choose to pay a little more to support your community and in turn save the unique fabric of your particular region of the US. Nope, instead you choose to save a few pennies to support a megalithic corporation who's only concern is to peddle cheap imported products and destroy the local small business sector
@kythrathesuntamer9715
@kythrathesuntamer9715 2 жыл бұрын
@@dalebender4422 The funny part about your accusation is that by buying cheap imported products I have more money to spend l iberating people from the scud work of working dead end retail anyways. would much rather pay someone to produce something creative. ISpend more on groceries just so people can unionize grocery work not learn to code not make something innteresting and continue soul crushing work no sane human really ultimately wants? I don't know about you but most of the people I know would rather I don't know make music make a video game, something but they can't because they're stuck working a job that took less effort to learn how to do and was more readily available just to put food on the table. more netflix subs more stranger things LESS Bagging my fucking groceries.
@jcristi321
@jcristi321 2 жыл бұрын
I stopped shopping at Walmart about 25 years ago. I don’t like their business plan of under cutting prices and putting good mom and pop shops out of business.
@diegochavez6203
@diegochavez6203 2 жыл бұрын
Yup they're basically focused on building wealth for a select few and screwing everyone off . A monopoly straight trash business practices.
@clemclemson9259
@clemclemson9259 2 жыл бұрын
mom and pop stores cant touch the product selection or pricing, this country is so far gone now people have to go for the best prices sorry
@timothyschmidt7264
@timothyschmidt7264 2 жыл бұрын
I agree 100%
@lazarusplentiful3258
@lazarusplentiful3258 2 жыл бұрын
And exploiting low wage labor in countries like China. Walmart, bad for small business, bad for workers.
@shayscott7498
@shayscott7498 2 жыл бұрын
Feel the same, but can't seem to avoid them when I visit my sister in Orlando, FL -- everyone goes to Walmart, no mom and pop there.
@jimk8520
@jimk8520 2 жыл бұрын
There are 3 walmart stores within reasonable driving distance from me and I’m proud to state that I don’t shop at any of them.
@deloresiles2341
@deloresiles2341 2 жыл бұрын
👍🏽👍🏽👍🏽
@jimk8520
@jimk8520 2 жыл бұрын
@Jimmy from Philly Except you, apparently. 🤣
@rafaeltorre1643
@rafaeltorre1643 2 жыл бұрын
Exactly. And it’s still 45 minutes to grab a gallon of milk. And a half mile walk and someone checking your receipt to make sure you aren’t a criminal. I only go if I absolutely need something and or if its way cheaper there vs the time and gas. I hate Walmart. I hate the owners. No loyalty to their family values. Only wealth to stock holders. Made in china landfill while my dad’s garage are full of 70 year old USA perfect condition beautiful tools with only nicks. All pre 1980 everything. Even screws. They will never make it into a trash can ever. I value that screwdriver more than a new microwave. Because it never loses its beauty and functionality or value in USA that makes us who we were.
@jimk8520
@jimk8520 2 жыл бұрын
@@rafaeltorre1643 💯 🍻
@SumTingWong1482
@SumTingWong1482 2 жыл бұрын
And Walmart’s profit margins suffer significantly while you shop elsewhere.
@happycustomer3448
@happycustomer3448 Жыл бұрын
A store that sells American goods is what we need. Built in and for America is what we need.
@happyEmpath
@happyEmpath 10 ай бұрын
Only few people would pay those prices. Chinese slave workers make it possible that so many Americans can pay low prices.
@cyrusdubash3097
@cyrusdubash3097 10 ай бұрын
Americans would not shop there.
@mathmotivation
@mathmotivation 9 ай бұрын
There is a market for higher priced goods that are of much better quality. I am starting to buy a few things like this.
@joeydelrio
@joeydelrio 8 ай бұрын
@@happyEmpath 50 yrs back most everything was american made and people could afford it just fine.
@Nomaswearefull
@Nomaswearefull 6 ай бұрын
Shelves would be empty. Nothing is made here anymore
@ifont1527
@ifont1527 2 жыл бұрын
I worked for Walmart in the past. Gave them 8 years of my life while going to college. For several of those years, I was department manager. They make billions, but do not pay their employees a decent living wage. Very sad.
@tinawindham6958
@tinawindham6958 2 жыл бұрын
That’s sad and looking at those young Chinese factory workers …they looked like zombies and also lived there. Ugh. Making pennies just to send back home. That’s horrible. Do employees get discounts?
@supernova8962
@supernova8962 2 жыл бұрын
Do you still support Wal-mart because they are American workers ? If so, how are you contributing ? May I suggest stock option, 401k plan and going Union. Oh wait, I seen American company go bankrupt cause of this. Im sorry... We're doom to succeed.
@lorainefleeman6011
@lorainefleeman6011 Жыл бұрын
What exact dollar amount is a decent wage? I make $18/hr as an associate.
@lorainefleeman6011
@lorainefleeman6011 Жыл бұрын
@@tinawindham6958 Yes, we do. I also make 18/hr as an associate after only 2 years.
@gerade-aus
@gerade-aus 9 ай бұрын
Temu is worse for America
@andybaldman
@andybaldman 2 жыл бұрын
“The lowest prices have to lead to the lowest wages.” Perfectly summed up in the first two minutes.
@dudeonbike800
@dudeonbike800 2 жыл бұрын
And their employees are heavily subsidized by Medicaid, food stamps and other social services. But since Americans prefer to attack each other, and especially the poor, these underpaid, underrepresented, under-benefitted employees are called "takers." It's Corporate America that are takers. YOUR tax dollars are paying to support the employees whose employers are too cheap to do it. Too sly to do the right thing. "There's no law against it" type of baloney. The Rand Study proved how $47 trillion dollars have been taken from 90% of American wages and lavished on the top. Then the top demanded - and got - tax cuts for their "sacrifice!" And now it's Amazon. Who will take their place in the next 20 years? America will never learn.
@raquelvlogzz1183
@raquelvlogzz1183 2 жыл бұрын
Facts period
@andybaldman
@andybaldman 2 жыл бұрын
@@dudeonbike800 Great point. Completely true.
@Russian-Troll
@Russian-Troll 2 жыл бұрын
What about the high prices at retailers like Lululemon, Armani Exchange, etc.? Those people earn the same as Walmart workers. Why haven't higher prices meant higher wages? You see the argument flaw?
@andybaldman
@andybaldman 2 жыл бұрын
@@Russian-Troll The flaw in that argument is the assumption that prices alone in those cases mean higher wages. Lower prices have to lead to lower wages. All the forces push downward. But that doesn't mean the inverse automatically has to be true. Greed still applies in both cases. There's just more volume in the Walmart case, thus more power to push wages downward. High-priced items COULD result in better wages, if the people running those companies wanted to pay them. But they don't. They're just two different levels of greed, one with a lot more volume. A worker-owned co-op, where all workers own a share of the company (and the surpluses), and where company decisions were made democratically rather than autocratically from a small number of people at the top, would result in higher worker pay. But you won't get higher wages as long as there's someone at the top who profits disproportionately. Walmart just gets there faster, because they're larger and more powerful than Lululemon or Armani Exchange.
@robertbradley7528
@robertbradley7528 2 жыл бұрын
We knew that answer 20 years ago..Ran off all the mom and pop stores..Imported a bunch of low quality crap..Raised there prices and have abandoned whole communities..I refuse to shop there and Amazon..Greed..Pure unaltered Greed..🥺
@cindylewis3325
@cindylewis3325 2 жыл бұрын
Well, when Mrs Bezo divorced Mr Bezo and his space, well thing, she gave our Food-bank a million dollars, which was sort of nice of her to do. He on the other hand is something else. I refused to watch that space ship that looked like an adult toy take off. I mean what a huge ego. I’m sure he paid for the airtime on cable news. I did watch the comedians talking about it, it went up than then down. Took like 10-15 minutes for what?
@petem.3719
@petem.3719 2 жыл бұрын
They're welcome to run off all the mom and pop stores where I live. I hated Walmart and Amazon when I lived in a city with options. Now, my options are to buy overpriced rotten vegetables, stinking meat and off brand dollar tree crap or I can drive 80 miles to a Walmart and have Amazon deliver. Some mom and pops don't deserve to survive. In my town, they ALL suck. Even the auto parts and repair shops suck. I can drive 20 miles to a Dollar Tree and a CVS or I can use Amazon. I can eat some food bank's garbage, dine at a Pilot truck stop and pay $4 for a $1.25 hose clamp or I can drive 80 miles to a Walmart. I don't have the luxury of conducting a personal boycott of Amazon or Walmart anymore. I've noticed that most people who hate Walmart are like I was. Spoiled by the variety of choices they have within a few miles of their homes. In my town, the best thing that could happen is for a Walmart to come in and drive all these pirates and incompetents out of business.
@petem.3719
@petem.3719 2 жыл бұрын
@@cindylewis3325 You must not have seen the brand new, 500 million dollar, 400+ foot long, 3 masted sailing yacht that Bezos just launched. I'll have to admit, he can keep his rocket ship but this new ship of his is a sight to behold.
@ScottGarland-r4v
@ScottGarland-r4v 9 ай бұрын
Frontline is the absolute best in documentaries. No one else is even close. 👍👍
@ifonefan1147
@ifonefan1147 2 жыл бұрын
No. I just saved you an hour.
@MrMustangMan
@MrMustangMan 2 жыл бұрын
thanks...
@FireAngelZero
@FireAngelZero 2 жыл бұрын
I mean with a title name like that… I guessed that was going to be the answer… but yea, thanks…
@believeinlove3724
@believeinlove3724 2 жыл бұрын
That’s funny.
@desertdetroiter428
@desertdetroiter428 2 жыл бұрын
😂😂
@ruthannjohnson1640
@ruthannjohnson1640 2 жыл бұрын
They have the worst meat you can imagine and when they check things on sale you've got to check the date
@carolynschmidt6452
@carolynschmidt6452 2 жыл бұрын
When retail prices are low, those sellers demand low wholesale prices. Manufacturing then requires cheap parts, so consumers get cheap crappy goods that have to continually be replaced. A downward spiral.
@ryanduray1
@ryanduray1 2 жыл бұрын
You get what you pay for.
@tuttt99
@tuttt99 2 жыл бұрын
Race to the bottom.
@jeremydugan9750
@jeremydugan9750 2 жыл бұрын
they dont want things to last. they want you to spend and spend. alot more companys are starting to do it and with inflations it sucks
@CM-sy3to
@CM-sy3to 2 жыл бұрын
Sam Walton's business plan was treating the employees very well and fixing the supply chain to cut costs. Other stores kept stocked "back rooms" of products, waiting sometimes months to make it to the shelves for consumers. Sam Walton's Wal-Mart had back rooms that received goods at night and were empty the next day and on the shelves. That's how he could cut prices for the consumer. Goods got shoddy at all stores once NAFTA closed all the US factories. You can't buy "Made in the USA" when the USA doesn't have working factories anymore.
@thewonderfulwizardoftheweb1053
@thewonderfulwizardoftheweb1053 6 ай бұрын
They sell products at a variety of price points, it’s up to you to do research and make decisions on what you buy.
@BrokeBech
@BrokeBech Жыл бұрын
Coming from someone who's not only worked for Walmart, but my Mom has worked for Walmart for 30 years, it has become the antithesis of what Sam Walton wanted for it. Especially for its employees. It's because of Walmart that my Mother is consistently depressed, which caused her to eventually become an alcoholic to cope. More of her life is spent at and worrying about her job than anything outside of it, yet her pay was capped years ago not long after Sam Walton passed because they felt that she "already makes enough" despite her doing the job of 3 people each day! They're also trying to antagonize a situation where my Mother will quit because she's one of the few full-time employees left and makes more than they want to pay. It's negatively effecting her mental state and her health overall. Walmart is the polar opposite of good.
@chebochevato8336
@chebochevato8336 Жыл бұрын
It all depends on what you're doing. I've worked for Walmart for just over 6 years. I'm not a manager, and I make between 55k-65k, depending on how much overtime I can get.. and how hard I want to work. During the pandemic, I was making 90k. One guy on my crew made 110k. But he was only taking 2 days a month off. I don't work in a store though. I work at a grocery DC. I'm topped out at $35.75/hr. Plus incentive of up to 100%. Some of the younger guys pull that high in their incentives. But they are going to burn themselves out doing that. I usually aim for around 8%-12%. Which brings me up to around $42/hr. We've had people transfer from the store side... They don't even last a year. Most, not even 4 months. They say it's too hard. They don't want to work that hard. That's why the store employees don't make $40/hr. They aren't willing to work that hard for it..
@UnknownName5050
@UnknownName5050 Жыл бұрын
Your mother isn’t enslaved. She can leave the job. If she’s a a manger she can work in a trillion rolls. If she’s just a dedicated employee, she can still feel better somewhere else. Accepting a lifetime of Walmart work isn’t Walmarts fault and you know that. Neither is accepting alcoholism as a solution, especially when much safer alts exist. Blaming the established order for your mistakes doesn’t help your life.
@drnstjhn
@drnstjhn Жыл бұрын
um. walmart drove your mom to become an alcoholic? lol, nice try. but if it is in fact terrible for her, how about she do something insane called ✨getting a new job✨
@chebochevato8336
@chebochevato8336 Жыл бұрын
@@drnstjhn well...the whiskey was just so damn cheap, you'd be a fool not to buy it
@BrokeBech
@BrokeBech Жыл бұрын
My Mom's 61 years old, is still paying off the house I grew up in and my step-dad's job can't offer insurance for the foreseeable future because the shop is struggling just to stay afloat and they both have too many medical issues to be without insurance. There's also nothing else she could do that would start her off at her current wage, and anything less wouldn't be enough for them to afford to pay their bills. Look, I'm not trying to garner pity for my Mother, but I'm also not exaggerating. My Mother has always been someone that can't sit idle, works hard no matter how much pain she's in and is an absolute clean freak. Maybe it's just the specific store she's in. I don't know, but I won't back down on what I've stated. I'm just glad she's only got a few years left before she can legally retire.
@davidmiller180
@davidmiller180 Жыл бұрын
The gentlemen's story from the Ohio factory says it all. His plant got shut down and now he can go to work for Wal-mart for half the wages and no benefits. I try to never shop there because of how the employees are treated. I really need to stop using Amazon also.
@barbarateigen7670
@barbarateigen7670 11 ай бұрын
I also will not shop Wal-Mart or Amazon. The program talks about the shift of production to China but it certainly isn't the Chinese laborers (slaves, really) getting richer and Americans aren't getting richer either so where has "it" all gone? The Walton family is probably doing very well and probably some corrupt Chinese government bureaucrats are doing OK, too. But they aren't getting any pennies from me.
@techiegirl3866
@techiegirl3866 8 ай бұрын
people cannot pay for made in america products...Americans are greedy.
@willw7743
@willw7743 7 ай бұрын
You realize it’s not exactly Walmarts fault? This is capitalism. That plant would have eventually shut down one way or another. The video talked about target and Best Buy doing the same thing. Capitalism is the problem.
@ginadoyle4089
@ginadoyle4089 5 ай бұрын
I only go to Amazon if I’m given a gift card or if I’ve exhausted other options.
@FOX007-um1wr
@FOX007-um1wr 5 ай бұрын
@@willw7743 CAPITALISM is NOT the problem. Socialism is the problem. It's a system with strong welfare states, often seen as incorporating socialist principles. This is why Walmart employees are underpaid, and not treated as respected employees, more like slaves. Socialism is a foot in the door to into Communism. the Soviet Union and Maoist China aimed to implement communist principles, though in practice, they operated with significant state control and central planning. Note, it's China that bought out many of the companies, thus American workers making less, and losing their jobs and the products we purchase are not well made. They force the Uyghurs in to slave labor to make the products we purchase at companies like Walmart. Where Capitalism is an economic system characterized by private ownership of the means of production and the creation of goods or services for profit. Capitalism emphasizes private ownership and minimal government intervention. There is economic motivation with capitalism, driven by profit, innovation, and competition. Socialism and communism focus on collective ownership and SIGNIFUCANT GOVERNMENT CONTROL, and community-based management. Socialism and Communism aim to meet collective needs.
@cindylewis3325
@cindylewis3325 2 жыл бұрын
Walmart supports slave labor in other countries to make their products, just like other corporations who did this they reaped great profits & didn’t really give back. In my state when big box stores finally came in, small businesses & artisans, people who were masters in the building industry, independent hardware stores, neighborhood grocery stores, bakeries, independent clothing stores went out of business. Stores, monopolies like Home Depot, Walmart, etc…people lost their independence & business and had to go to work for these places, because people go for price over quality. America lost its heart from these monopolies.
@spencerheath5085
@spencerheath5085 2 жыл бұрын
Honestly if what you say is true we bought the trillion dollars they sold, but overseas people moved like us from rural areas into the city’s to work in factories producing goods most benefited from the Value of there work earning higher wages and there currency increasing in buying power as well. Next the reality will be automation here or overseas.
@jackcambric8480
@jackcambric8480 2 жыл бұрын
Oo
@jackcambric8480
@jackcambric8480 2 жыл бұрын
9o
@thelouster5815
@thelouster5815 2 жыл бұрын
People go for low prices because wages have stagnated for at least 40 years.
@mistamycall
@mistamycall 2 жыл бұрын
Welcome to capitalism, where the ends, meaning "Steady Financial Growth" justifies the means.
@got2kittys
@got2kittys Жыл бұрын
Walmart moved here 25 years ago. It shut down 750 small family businesses. As this area is somewhat isolated and mostly rural, there are no other choices to purchase literally 1000's of items in this area. They completely captured most of 3 large counties business.
@daMillenialTrucker
@daMillenialTrucker 9 ай бұрын
Walmart didn't sell those companies out, y'all the residents did. It's a shame all them stores had to close by capitalism has been a ruthless system when it comes to business competitiveness since it infancy.
@lorainefleeman6011
@lorainefleeman6011 9 ай бұрын
Then everyone there should have shopped small businesses. You should be angry, not at Walmart, but at everyone near you.
@anthonydelfino6171
@anthonydelfino6171 2 жыл бұрын
It's created a vicious cycle. As consumers have gotten lower and lower relative pay to inflation, they're forced into buying from retailers like Walmart, which reinforces the loop of outsourcing American jobs and manufacturing, which results both in the lower job numbers and lower paid jobs, which means those people now have to look for the lowest prices consequences be damned. And Walmart has become such a behemoth, there's no easy out at this point.
@suzyinstitches273
@suzyinstitches273 2 жыл бұрын
Exactly
@johnnychannel7824
@johnnychannel7824 2 жыл бұрын
This is called billing cycle. Cheap price means lower wage. Lower wage finds cheap price. ❤😂🎉
@RileyPatterson-bf8ge
@RileyPatterson-bf8ge Жыл бұрын
No easy way but there's hope!
@9thumbsup88
@9thumbsup88 Жыл бұрын
Great to watch 19 years later. I deliver for them & they are doing some radical things, right now. I believe they are pushing customers out of the stores & pushing them to shop online to compete with Amazon. It cuts losses from shoplifting & brings profit from subscription & delivery, instead.
@samwindmill8264
@samwindmill8264 Жыл бұрын
The idiots running the corporation are definitely trying to be the next Amazon or some shit. Emphasizing the online grocery department above all else, for one
@TSquared2001
@TSquared2001 11 ай бұрын
How?
@greeen0broccolli
@greeen0broccolli 2 жыл бұрын
I haven't shopped at Wal-Mart in 3 years now and I have been getting others to avoid it as well. Employees always look depressed, I feel depressed when I would walk in, and they take away business from small business. That place makes me sick.
@SuperTonyony
@SuperTonyony 2 жыл бұрын
Target isn’t perfect, but it treats its employees much better than Walmart does.
@matthewgoodtimes3555
@matthewgoodtimes3555 2 жыл бұрын
Buck Walmart they are mean to the customers!¡!
@laverneadams2798
@laverneadams2798 2 жыл бұрын
Dddďddďd
@laverneadams2798
@laverneadams2798 2 жыл бұрын
Ď
@laverneadams2798
@laverneadams2798 2 жыл бұрын
3rd
@mariannec9154
@mariannec9154 2 жыл бұрын
Frontline always delivers clear informative documentaries. I am grateful for their great work.
@asmauyusuf7802
@asmauyusuf7802 2 жыл бұрын
I remember friends calling me crazy when I started but i now shut up them with my four figure weekly returned
@ahmedbukar8633
@ahmedbukar8633 2 жыл бұрын
How much exactly does she make of you in every trade don't mind me asking
@springchickena1
@springchickena1 Жыл бұрын
this is highly informative, not just something raising questions about space or hisotrical artifacts, they've explained things about walmart I didn't know in my years of studying it's buyers since I knew a inheritant of the time warner fortune who had personal friends who were managers at wal-mart stores for this very reason.. the timing worked perfectly for selling cable to people. Now that there's disney + walmart + netflix + plus + + plus idk what to say about the retail electric store. I know these jobs that have to inputing data into computer selling buying and making barcodes is a easy position and pays over the average pay, supports a lot of good people who otherwise might not have skills to make the same wage anywhere else. I guess my biggest take away is wal-mart is an all american brand, and compared to amazon it's similarities are striking; with the end result being the same lower prices by market demand. If people were willing to pay more for their products companys will similarly try to pay less to improve profits no matter the cost or legality.
@Len1977gt
@Len1977gt 2 жыл бұрын
YES! Keep uploading these older programs! They bring back memories!
@dont9502
@dont9502 Жыл бұрын
That shareholder meeting in the beginning reminded me of a mega church meeting.
@PAUL-os1qm
@PAUL-os1qm 5 ай бұрын
😂
@emilybattle4790
@emilybattle4790 3 ай бұрын
It's a cult. How do I know? I worked for one
@truckinguy92
@truckinguy92 2 ай бұрын
Mega churches and religion, some of the biggest scams in America! Pastors who live in multimillion dollar homes on the backs of parishioners. They should be ashamed of themselves.
@josephcabrera6396
@josephcabrera6396 2 жыл бұрын
I remember watching this many years ago... it angered me because, as a longhaul trucker,, I was seeing all these factories closing all over the country. I saw good manufacturing jobs being outsourced to China, Phillipines, Mexico. And people here were loosing their jobs to this. And Walmart was like the thug with muscles shutting all these factories everywhere.
@cristinaherrera5321
@cristinaherrera5321 2 жыл бұрын
And people still question the explosion of homelessness across America. This is one of the big reasons. That is why I can't stand it when ignorant youth throw around, "We need to find a solution". Yeh, the solution would be for big corporations to stop out-sourcing jobs for cheaper product and labour. I am reminded of a discussion I had in the 90's where someone asked, "Have you noticed that clothes are no longer Made In America"? We know where this conversation went. 30 years later, and that discussion is a harsh reality today. No longer do I say in good jest, "I weep for the future". I am not hopeless; I simply have none. I'm just sitting out my days, waiting for the inevitable other boot to drop.
@andreamitchell4758
@andreamitchell4758 2 жыл бұрын
this all because of the international WEJ, have you read it ? Henry Ford was right about them
@klausphx
@klausphx 2 жыл бұрын
Pisses me off too to give are hard earn cash to China and Middle East
@brngranny4djt662
@brngranny4djt662 2 жыл бұрын
@@cristinaherrera5321 Well, actually, it all began to happen with our fabulous 43rd President, who was one of the first presidents to align with the ccp (China) to bring about the downfall of the United States!! This has been planned for this country since the assassination of JFK, if not before!!
@jc.1191
@jc.1191 Жыл бұрын
Now Amazon is here to make it twice as bad.
@sheilajohnson6478
@sheilajohnson6478 2 жыл бұрын
Walmart makes us check our own groceries out and yet has someone stopping us at the door harassing us, to make sure we’re not stealing. That makes a customer feel really appreciated.🙄
@zuzanazuscinova5209
@zuzanazuscinova5209 2 жыл бұрын
Why would you ever shop there? It's not really that cheap and the experience is horrible.
@richardbonfiglio1765
@richardbonfiglio1765 2 жыл бұрын
When they ask to see my receipt I say no and just keep walking. Insulting !
@TheREALJosephTurner
@TheREALJosephTurner 2 жыл бұрын
@@richardbonfiglio1765 That's what I do as well. They have no legal authority to detain you. They are not cops.
@deidradahl2802
@deidradahl2802 2 жыл бұрын
It's not disrespectful, in some parts of the Caribbean, it's the same, on our way out, we show the security our receipts, also there are many people, who behave below their dignity, and steal what is not theirs
@Tom-jk3hy
@Tom-jk3hy 2 жыл бұрын
@@deidradahl2802 Proven fact . Most of their losses are from employees !!
@joethebassplayer
@joethebassplayer 2 жыл бұрын
I am so very grateful for Frontline! The "gold-standard" of documentaries!!!
@kishascape
@kishascape 2 жыл бұрын
Nah BBC Panorama is the standard.
@SHARON.I
@SHARON.I 2 жыл бұрын
@@kishascape Nah Frontline PBS is👋✌😊
@nightoftheworld
@nightoftheworld 2 жыл бұрын
Also DW
@davisholman8149
@davisholman8149 2 жыл бұрын
Too liberal too often. They could be less liberal if they tried. Half of the USA is that way & our tax dollars are given to PBS also.
@joethebassplayer
@joethebassplayer 2 жыл бұрын
@@davisholman8149 how are they" too liberal"? I am sincerely curious.
@joeb9743
@joeb9743 Жыл бұрын
I worked at Walmart for five years. I was appointed team lead. I started out as a stocker and cap2 unloading delivery trucks. Never had a meeting. We clocked in and went to work. I suggested maybe voicing people’s opinions because I heard a lot of it. I’m actually happy I don’t work there anymore
@michaelbandeko3519
@michaelbandeko3519 2 жыл бұрын
In my small town we had three grocery stores before Wal-Mart opened its Super Center. Our town square had businesses lining it. Now the only store in town is Wal-Mart. I have to drive 15 miles to another town in the next county to shop at Kroger. I buy my clothes on-line to keep from buying cheap chinese junk. Wal-Mart is definitely destroyin the American market place
@djpseudoname2023
@djpseudoname2023 2 жыл бұрын
@ Michael Bandeko - Walmart is not destroying the American market place. It’s the people who live in America employed by Walmart earning below the standard of living and the general public purchasing foreign and cheaper made foods and products being sold at Walmart, thereby destroying business competitors, who are destroying the American market place. We the People are the commodity being bought and sold; a wide range of goods [people] for rock-bottom prices. And here the naïve and misinformed people of America voting for presidents like former President Bill Clinton, who in the documentary said, and I quote, “Our Administration has negotiated an agreement, which will open China’s markets to American products made on American soil. Everything from corn to chemicals to computers.” Sellouts like B. Clinton, J. Biden, and Biden’s son, Hunter, to name a few, all contributing to the slow decline and destruction of the American people, businesses, and its lands. And Clinton’s inclusion of the word ‘chemicals’, does that include the mysterious named COVID-19 virus and the various big Pharma inoculations being referred to as life saving human vaccines? The American people only have self to blame for who we put in positions of power. It’s been said… find out just what the people will submit to and you will have found out the exact amount of injustice and wrong which will be imposed upon them Donald Johnson, pseudo name
@Anon1mous
@Anon1mous 2 жыл бұрын
I don’t understand. If the customers had stayed loyal to the three original grocery stores than they would still be there right? How’s Wal mart to blame? People made their choice. It’s America.
@PWB69
@PWB69 2 жыл бұрын
If the customers didn’t like those three stores who cares. The people chose. Its called capitalism
@tysonkonken6184
@tysonkonken6184 2 жыл бұрын
I would specify not destroying but already destroyed.
@swallowedinthesea11
@swallowedinthesea11 2 жыл бұрын
I'm so sick of China ruining our economy and families! Why can't we buy American products made in the US like Apple? We have sold out to foreigners! Enough is enough!
@TheCommunicationCoach
@TheCommunicationCoach 2 жыл бұрын
NO, they are cheap and corrupt, which sadly is what many companies also are!
@theresahaines2647
@theresahaines2647 2 жыл бұрын
When Sam Walton was alive he lived in the same ranch home for over 50 years and drove the same truck for 30 years. He always lived a simple life and refused to live a life of a rich man. He valued his employees, offered them stocks to the company, used employees and their families as models for their circulars. Walmart was good to America when Sam Walton was alive, however the day he died, his greedy and corrupt children changed everything Walmart stood for. Such a shame to see a hard working family man’s company turn corrupt because his own children turned out to be evil. I wouldn’t be surprised the Walton kids couldn’t wait for their father to die so they can roll in his hard earned money.
@bobs182
@bobs182 2 жыл бұрын
Each of the Walton's get about $1 billion annual dividend. Dividends are taxed at a much lower rate than earned income.
@CM-sy3to
@CM-sy3to 2 жыл бұрын
Don't forget his liberal new wife. Some of the kids wanted to keep the family values and others went with the stepmom.
@Lynnda86
@Lynnda86 2 жыл бұрын
Definitely true!! 1 Timothy 6:10 says, "The love of money 💰 🤑 💸 is the root of all evil!". 😈 They will pay in the end. 🔥Matthew 20:16 says, "The first shall be last and the last shall be first.". Unless they repent, they'll pay a MUCH higher price in the end. (Which isn't too far away now!) John 3:16, For God so loved the world that He gave His only begotten Son that whosoever believes in Him shall not perish, but shall have everlasting life.".
@davidwright873
@davidwright873 2 жыл бұрын
so don't shop there...i don't..
@marilynwillett804
@marilynwillett804 2 жыл бұрын
@@Lynnda86 True but HE raised them.
@jmdec20
@jmdec20 7 ай бұрын
I did vendor work at Walmart. The stress in the work place was disturbing. Management was so over stressed. I heard coming in or out of the back rooms employees up against a hallway wall being led in juevenile Rah Rah cheers. Imagine being forced to do that. There are arrangements where the employee benefits include social welfare programs and assistance to apply for them. At least this is what the employees told me. The mental program going on there is like a cult church. Because Seniors could not live on their retirements many worked at Walmart to supplement and died after a lifetime of pride of work, demeaned in that culture.
@retroboomer3197
@retroboomer3197 2 жыл бұрын
I won't shop at Big Box Stores, let alone Walmart. I've been against them for over twenty years. I tell people about their effects on local economies and I'm always met with an "I don't care" attitude. These same people update their Facebook profiles complaining about not being paid enough and wonder how can things ever improve. I hate this planet.
@calebmelton5989
@calebmelton5989 Жыл бұрын
Thank God. These small business were to expensive. Yay walmart.
@blacksilverchair3315
@blacksilverchair3315 Жыл бұрын
In this Biden economy, you have to shop Walmart
@bearwill4737
@bearwill4737 Жыл бұрын
I love the planet, just not the control freak tree monkey's on it.
@serafinacosta7118
@serafinacosta7118 Жыл бұрын
For those concerned about stretching the dollar… Avoid processed foods. If there is a farmer’s town nearby , that is where you should go in the first place. Medicines won’t make you healthy. Quite the contrary. Sound diets and exercise will improve your health. At last resort , if you must , there are local chain grocers. Most of the apparel sold at Walmart is low quality. It won’t last. It won’t look good after it’s been used. It’s cost x price. The lowest price does not equate to the lowest cost of ownership. That can be extended to housewares. Be frugal about everything else. Americans buy and hoard too much junk. Learn about other cultures. The Dutch, specially around Amsterdam , move mostly around in bikes. That would put you away from those “Retail Power Centers “ where most Walmart stores lease.
@blacksilverchair3315
@blacksilverchair3315 Жыл бұрын
@NorthOfWindsor says the same people who blamed Trump for COVID. 🤡🤡🤡🤡
@skyepicus
@skyepicus 2 жыл бұрын
WalMart employees in the US receive billions of dollars a year in Medicaid, food stamps and Section 8 housing assistance every year. The federal government literally subsidizes workers that do not make enough money to survive at a 40 hour a week job.
@fauziamiles3175
@fauziamiles3175 2 жыл бұрын
They don't pay well, you just work and remain poor !!
@franklukas4527
@franklukas4527 2 жыл бұрын
You can point the finger at our government... We will continue to import and in the process destroy this countries economic balance....
@fthishandleshit
@fthishandleshit 2 жыл бұрын
U N I O N I Z E
@bovinityleak2066
@bovinityleak2066 2 жыл бұрын
Socialize the cost and privatize the profits. Walmart helped write the book.
@maxpeck4154
@maxpeck4154 2 жыл бұрын
@@bovinityleak2066 Investment banks wrote the foreword
@missso2561
@missso2561 2 жыл бұрын
I wish they'd do an update on this. It originally aired in 2004. I realize not much has changed with them over the years, but it would be interesting to see more current stories of how Walmart treated their workers over the past few years, especially during the pandemic.
@Newniche
@Newniche 2 жыл бұрын
Immediately after watching I watched the Amazon episode to look at how Wal-Mart is fairing now lol
@Rawkstar2210
@Rawkstar2210 2 жыл бұрын
Not to mention all the employee pep meetings deftly don't happen anymore. And half the employees don't know what's what if you can even find one with all the cut backs
@keenannorris3309
@keenannorris3309 2 жыл бұрын
@@Newniche well said, wisely said-- Amazon is Wal-Mart plus *technology* omg!
@googleuser868
@googleuser868 2 жыл бұрын
Walmart fired an employee nearing retirement for questionable reasons. Looked like Walmart didn't want to pay his pension. The guy worked for Walmart for decades.
@MegaMan-bs3oy
@MegaMan-bs3oy 2 жыл бұрын
Uhhh i worked the entire pandemic was told "I should be honored to" and was given a bag of old stale candy. While people who stayed home from work in Middle TN made 800 a week I made 900 in two. That was how i was treated. Wasted nearly 10 years of my life there and I am as broke now as I was starting in 13.
@muc405
@muc405 2 жыл бұрын
I haven't shopped at a Walmart since watching this documentary first time. Still would rather shop at locally owned businesses to keep them going. Screw big box stores.
@DavidWilliams-qr5yj
@DavidWilliams-qr5yj 2 жыл бұрын
Check your product manufacturing information you might be surprised who you are buying from
@JG-tt4sz
@JG-tt4sz 2 жыл бұрын
Think locally owned stores care about you more than Walmart does?
@outdoorgearrevival2660
@outdoorgearrevival2660 2 жыл бұрын
@@JG-tt4sz Most small businesses care about their customers and the community they service. Owning a small business in America isn't easy or cheap, we have to compete with the Walmart's of the world. If it was just about the money most of us would be doing something else.. In our small business my wife and I pride ourselves in how we treat our customers, operate fairly and with integrity.
@muc405
@muc405 2 жыл бұрын
@@JG-tt4sz I think the people who own small businesses care about their communities, customers and employees since they all have a vested interest in making their community prosperous and successful . They are aren't some conglomerate who only sees the bottom line and how to screw over customers and not pay employees a decent wage. I sure as hell would much rather support local businesses rather than put another thin dime in the pocket of the Walton clan.
@JG-tt4sz
@JG-tt4sz 2 жыл бұрын
@@muc405 B.S. Small shop owners are petty people in their petty fiefdoms who have never been schooled in customer service. I hope Walmart crushes them all like the small minded rodents that they are.
@catbriggs8362
@catbriggs8362 2 жыл бұрын
I shop at Walmart but have noticed lately that some of their prices are higher than I find elsewhere or online. Also, there appears to be a huge and constant turnover in employees. I become familiar with cashiers, pharmacy workers, etc. but in a few months, I see an entirely new crop of people. What happened to the others? Maybe they farm them out to other Walmarts, but I rather doubt it. Training employees costs companies money. Having a constant turnover isn't good business and it isn't, at least to me, a good look for Walmart. I'm on the side of the employees. They're decent, hardworking people who appear to be suffering some kind of weird "failure" to perform to some type of impossible standard.
@colleenlally-ross7105
@colleenlally-ross7105 2 жыл бұрын
Most likely they are fired rather than given benefits or a raise.
@DigiTheInformer
@DigiTheInformer 2 жыл бұрын
Training only costs money if you want it to have an effect. Most turnover-chum only gets a few videos to watch and then its "do what the computer tells you".
@kimwhitmore7505
@kimwhitmore7505 2 жыл бұрын
@@colleenlally-ross7105 Really? Here in "Small Town America" it's all we have within about 50 miles. Our Main Street kind of folded up after Walmart came to town, including our Kmart, which was almost directly across the street from the new Walmart. If KMart had only been able to hold on for a little longer, I think they would have survived & provided some competition. When there's a new store in town, everybody has to check it out for a few months. If other stores can hold on, I believe their customers will return to a place that knows them, & gives personal service.
@deloresiles2341
@deloresiles2341 2 жыл бұрын
Cat Briggs I know several people who work for Walmart, snd they tell me that Walmart treats their employees like dirt; thus the big turn over so often. Walmart starts most employees at $15 per hour, snd they will quickly fire them on the smallest infraction because they know there’s a long line waiting to replace them. I haven’t shopped there in years!
@Unbothered75
@Unbothered75 2 жыл бұрын
Capitalism is exploitative. This is the end result. Large gaps between the "haves" and the "have nots". It pays people not even enough to live on, working fulltime!!! A new form of slavery to employers. CEOs now make 300%+ more than the average worker. This is the hollowing out of the middle class. This creates a situation in which people look to the government and social programs to help people live. Socialism starts to look good to those that simply can not make it. There is a push to privatize everything including schools, for profit of course. This is simply unsustainable. With the historic amount of billionaires in this nation, you still need the middle class to be consumers. Hard to do if no one has money to buy anything beyond essentials. Our politicians are bribed by corporations to ignore their constituents needs in favor of corporate needs and wants, which is always in conflict with is best for the average American.
@lorrainemarez9965
@lorrainemarez9965 2 жыл бұрын
Walmart closed my small town and now it’s a ghost town! Our town had a beautiful down town with a Hardware Store, Two Men’s Clothing Stores, Drug Store, Shoe Store, Sports Store, 5 and dime Store, two Movie Theaters, Two Video Store, 2 hair style shops, 2 auto repair services, three women’s dress shops, Furniture Store, Flower Shop, Photo Shop, News Paper Shop, Children’s Shop, Appliance Store like Stoves, Refrigerators, and we had a big beautiful community parade very year during our harvest time from our local farms with lots of fresh home grown vegetables and fruits! Now… all the window shops are closed and everything is gone! Walmart Killed our Small Town and now Walmart is the only store within one hundred miles from anything! Walmart kills small community towns permanently!
@supernova8962
@supernova8962 2 жыл бұрын
then why do you shop there? not being sarcastic just trying to figure out what so good about Walmart. Amazon is way better. Been to Walmart maybe 6 times for 30 years .and not by choice..hahaha . I think it's really ghetto. I prefer Target over them. ..thank you on your view.
@lorrainemarez9965
@lorrainemarez9965 2 жыл бұрын
@@supernova8962 I don’t shop at Walmart or Amazon. I moved to a big city to find a job. A lot of people moved out and the town now is a ghost town with only one store which is Walmart! It Sucks!
@einnocrellaw4327
@einnocrellaw4327 2 жыл бұрын
Maybe your community can start a Farmers Market and purchase produce and meats from local farmers/ranchers. Where I lived for 15 years we supported our local farmers and Amish Communities. Higher Quality overall lower prices.
@genxx2724
@genxx2724 2 жыл бұрын
@@supernova8962 I agree. I’ve been into Walmart a couple of times. It’s low-class.
@calebmelton5989
@calebmelton5989 Жыл бұрын
It's not walmarts fault. I'm fed up with the terrible service and low selection at small business.
@DontFeedTheTrolls
@DontFeedTheTrolls Жыл бұрын
While wages remain low, the cost of living has absolutely skyrocketed!
@melissagottlieb3381
@melissagottlieb3381 2 жыл бұрын
No it was the death knell for small towns.
@MrMustangMan
@MrMustangMan 2 жыл бұрын
^nail
@johnl.7754
@johnl.7754 2 жыл бұрын
With mass communication and transportation if it is not them then it will be someone else
@CARDINAL701
@CARDINAL701 2 жыл бұрын
People dont HAVE to shop at a Wal Mart. They can choose to shop at a smaller, independent business. But you say Low Low prices and Cheaper to an American, and they'll start salivating like a dog in a hot car.
@aquaticnstuff7666
@aquaticnstuff7666 2 жыл бұрын
@@MrMustangMan no it's not nail lol it's knell. It's the bell that rings when you die. But you're a mustang man lol so you don't understand.
@kovy689
@kovy689 2 жыл бұрын
@@CARDINAL701 Good point.
@Erik_White
@Erik_White 2 жыл бұрын
36:02 "Walmart and China are a joint venture, and both are determined to dominate the U.S. economy"
@stevensica5918
@stevensica5918 8 ай бұрын
Was the disinclination to investigate properly PRC responsibility of Covid a sellout to preserve Wal-Mart?
@kellyanderson2841
@kellyanderson2841 2 жыл бұрын
I worked for Wal-Mart for 5 years and they are a pretty shady company. Ask you if you want to work over time and at the end of the week send you home early, so no overtime. That only happened once to me, because I said no after that to overtime. They have done this to numerous employees. Also how they make money off the consumer is because the consumer most of the time isn't watching the prices ring up, which are wrong a lot of the times. Keep your eyes open.
@toosexy7955
@toosexy7955 2 жыл бұрын
I checked my receipt, there was a item that I did NOT know, I took back & had to look item up my self, Something I never heard of..the price on my ticket was $25.00, they gave my money back, I don't go to WAL-Mart..CHECK YOUR RECEIPTS..!
@supernova8962
@supernova8962 2 жыл бұрын
And want to know something else.... the manager and employees act if they own this store and is taking money out of there pockets ! When they are taking money out of the consumers.... Just be nice and accept the return. It;'s already bad when you know they shopping at Walmart and not Whole Foods.
@markinman4012
@markinman4012 Жыл бұрын
@@supernova8962 why Whole Foods? It’s just the more expensive version of Walmart owned by Amazon, for middle class whites who shop there to feel better about themselves.
@springchickena1
@springchickena1 Жыл бұрын
@@markinman4012 thanks, ill go to neimans and saks. That' also an option. people choose their lives? no kidding.
@IndyRommelCo
@IndyRommelCo 9 ай бұрын
Yes!!! I check prices especially at Walmart.
@Jessie-g2m
@Jessie-g2m Жыл бұрын
Quality is better than cost
@Natalieneptune469
@Natalieneptune469 2 жыл бұрын
I'm 58 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, we are finding it impossible to replace it. We can get by, but cant seem to get ahead. My condolences to anyone retiring in this crisis, 40years nonstop just for a crooked system to take all you worked for,
@PhilipMurray251
@PhilipMurray251 2 жыл бұрын
I feel your pain, as a fellow retiree I’d suggest you look into passive index fund investing and learn some more. For me,I had my share of ups and downs when I first started looking for a consistent passive income so I hired an investment advisor for aid, and following her advice, I poured $130k in value stocks and digital assets,Up 200k so far and pretty sure I'm ready for whatever comes.
@marianparker7502
@marianparker7502 2 жыл бұрын
@@PhilipMurray251 I think it's especially difficult for retirees and near retirees, I know to focus on the long term but the anxiety when you're supposed to be retiring in 3years is super exhausting, I've been looking into hiring a market expert as well
@Robertgriffinne
@Robertgriffinne 2 жыл бұрын
@@marianparker7502 I've been in the red for the past couple months, lost 12k last week alone, Indubitably I've got good companies but profit is still stalling, how did you go around finding an investment-advisor, I wouldn't mind looking yours up.
@PhilipMurray251
@PhilipMurray251 2 жыл бұрын
@@Robertgriffinne My advisor is Nicole Ann Sabin; found her on Bloomberg where she was featured and reached out to her afterwards. You can look her up online if you care for supervision, just search her name.
@Robertgriffinne
@Robertgriffinne 2 жыл бұрын
@@PhilipMurray251 sure advisors are outperforming the market and raising good returns but some are charging fees over fees....seeing that their services are in high demand more than ever....Seems more like extortion to me.
@michaelobrien8224
@michaelobrien8224 2 жыл бұрын
I’m a cashier for Walmart. I never applied for the job. Whenever I buy stuff there I have to act as my own cashier. For my services I get paid $0.00 per hour.
@clemclemson9259
@clemclemson9259 2 жыл бұрын
wait what? comment makes 0.00 sense
@dekdeknav9366
@dekdeknav9366 2 жыл бұрын
@@clemclemson9259 of course it does.
@TitoTimTravels
@TitoTimTravels 2 жыл бұрын
I do not use the self checkout. If there is not an open register I will walk away from the cart and go elsewhere. My apologies to the worker that has to restock... but such is life. I have had managers ask where I am going, and at Home Depot (not Wal-Mart) quite often the manager will ring me up instead of letting me leave.
@bobs182
@bobs182 2 жыл бұрын
@@TitoTimTravels I know a guy with a hauling business who uses dump trucks to haul dirt and gravel when he could hire 10 people driving pickup trucks and manually unloading the dirt. He is putting 9 people out of work.
@frozenhouse5362
@frozenhouse5362 2 жыл бұрын
And don't forget you have to supply your own bag(s)
@Christiane069
@Christiane069 2 жыл бұрын
You forgot to mention that Walmart also refuse to pay it fair share of taxes.
@anthonydelfino6171
@anthonydelfino6171 2 жыл бұрын
When you factor in the taxes they avoid and the government assistance their employees rely on to live thanks to their low wages, Walmart is the perfect example of us subsidizing the rich. We're allowing them to suck up all the wealth while the general public has to pay for it elsewhere.
@Christiane069
@Christiane069 2 жыл бұрын
@@anthonydelfino6171 Couldn't say it better myself. Thank you.
@nslouka90
@nslouka90 2 жыл бұрын
Walmart is probably thinking why should they? What is going to happen, they gonna get shut down? That is a disaster waiting to happen.
@Christiane069
@Christiane069 2 жыл бұрын
@@nslouka90 Nope, they do it legally as they make deals with state and local government. Then, when the time limit (part of the deal) ends. They close doors and move on to a different location and start the game all over. Bingo! They win, we loose.... Welcome to America.
@rebelgaming1313
@rebelgaming1313 2 жыл бұрын
Everyone who is is doing this.. welcome to hell, they don’t deserve heaven at all!
@ericvardek4108
@ericvardek4108 Жыл бұрын
EXCUSE me, Hendrick Smith is still alive AND reporting? OUTSTANDING. Always the best. CHeers for old-timers. Huzzah!!
@drmdjones
@drmdjones 2 жыл бұрын
I worked for walmart (lower case intentional) for over 4 years. From my vantage point what I saw was severe under staffing. This put unreasonable stress on associates expected to do the work of two or three people. Associates were miserable. Management was also stressed because they had to meet expectations without the people required to do this. Managers were miserable. It was a toxic work environment, constant complaining by those allowed to complain, shouting at associates by managers who are not allowed to complain, very poor relations between associates and managers, no appreciation of associates. We went through four store managers and three HR managers in two years. New store managers would come in and within six months they would quit. My life has improved greatly since I quit. I will not shop at wm.
@christinechristensen7211
@christinechristensen7211 2 жыл бұрын
Worked for Wal Mart for 14 yrs same experience sad and not good made about the same money as an hourly associate as I did in management only reason I was able to stay was because I was a second income
@snicklefritz669
@snicklefritz669 2 жыл бұрын
That's exactly what u.p.s does. And many other companies I'm sure.
@patland1762
@patland1762 2 жыл бұрын
And the understaffing at the checkout results in people having to scan their items to get out of the store in a reasonable amount of time. In some cases if you mis scan your item or legitimately forget to scan an item you are charged with a crime and get a criminal record.
@dawnpeters1220
@dawnpeters1220 2 жыл бұрын
I know you are telling the truth. my son once worked for Walmart and said the same thing as you. they also would pull one from their job descriptions and place them elsewhere if need be and you had better not complain or you're fired. He didn't stay long cause my son was like the hell with Walmart, he said he didn't need a job that bad to be mistreated or disrespected.
@bruceinraleigh9999
@bruceinraleigh9999 2 жыл бұрын
Amen. I won't shop at walmart. The place is disgusting in so many ways.
@LuckyDogProductions
@LuckyDogProductions 2 жыл бұрын
Being in a Walmart or a Same club just bring SADNESS, a feeling that everything is going from lack of customer service to mechanized garbage selling cheap crap for cheap. We avoid Walmart at all costs. You SMELL how bad they treat their people.
@ronaldroth9719
@ronaldroth9719 2 жыл бұрын
I worked for Walmart. It was not the low wages that was the problem, it was the inconsistencies and unpredictability of the schedule. The number of hours you worked each week and the times you were scheduled would preclude any advance planning. One week I would have 35 hours, and the next week I would have 11 hours. I couldn't plan anything because my shifts would change daily. The job I worked required consistency. The management would undermine my ability to deliver service to my customers. Why? It was self defeating. I single handedly produced a customer base. They doubled their capacity by installing new equipment. I cooked rotisserie chicken. It was a loss leader that brought customers into the store. I was able to attract customers by interacting with them. Most of my fellow workers were afraid of the customers. They wouldn't make eye contact. This was because of the management. If a disgruntled customer made a complaint there was h** l to pay. I didn't care. One customer demanded that I be disabplened (sp) The manager said she was not going to disablene me in front of the customer. Bless her heart. I was ultimately fired because I didn't report the cook temperature properly. The equipment I needed was unavailable and I was not trained in the alternate method.. My conclusion is that Walmart is bad for the country because of how they treat their workers. These people are willing to give their all but they are treated badly. Remember that when you receive poor customer service. It's not the person, it's the culture.
@cynthiahunt595
@cynthiahunt595 2 жыл бұрын
Yes you are right. I worked at Sam's Club. It is like a cult and if you dont perform you are out of a job fast. Nevada has a hiring policy that they don't have to have a reason to fire you for any reason
@davisholman8149
@davisholman8149 2 жыл бұрын
@@cynthiahunt595 That is why I have never been a member of Sam’s Club. I am a Costco customer & they treat their employees very well.
@cynthiahunt595
@cynthiahunt595 2 жыл бұрын
@@davisholman8149 thank you for saying that. I'm going to go Cosco now 🙂
@MusicLover-ui9sm
@MusicLover-ui9sm 2 жыл бұрын
All places are the same Low wages Selling the cheapest stuff at a higher and higher prices
@thanhmcgriff3387
@thanhmcgriff3387 2 жыл бұрын
Let’s see the Cato Institute lawyer go work for Walmart for minimum wage & ask him if Walmart is good for anything but destroying livelihoods.
@jeffandjodifilms2896
@jeffandjodifilms2896 2 жыл бұрын
Well said!!!!
@Ebotoman79
@Ebotoman79 2 жыл бұрын
Amen!! 👏🏾👍🏾💯
@erinmac4750
@erinmac4750 2 жыл бұрын
I do believe they were the voice for free market capitalism in this doc. I'm betting they think stock buybacks and price gouging are a good business practices.
@LukeMcGuireoides
@LukeMcGuireoides 2 жыл бұрын
All the cato institute is interested in is the rich getting richer. That's their central objective
@jeffandjodifilms2896
@jeffandjodifilms2896 2 жыл бұрын
@@LukeMcGuireoides Exactly!
@westabsupplyebay4093
@westabsupplyebay4093 7 ай бұрын
In answer to the title, no it is not, corporate america is screwing us in the rear.
@jaepayne5844
@jaepayne5844 2 жыл бұрын
Here's the truth: you usually get what you pay for. I remember more than once my parents getting me a bicycle from Walmart. Multiple parts from those bikes broke down within a year EVERY TIME. While I was in highschool my parents were about to buy a bike for my sister and I insisted they pay more money and actually buy a bike from a bike shop. They did, and that bike still works 10 years later (it just needs maintenance on it's tires). Walmart will often bid so low to companies, that said companies that usually make a decent product will be forced to make a cheaper product just for Walmart, and package it just the same (except more maybe a Walmart symbol on it). If you're buying something that you want to last a long time, it's usually best to go to a store that specializes in that product.
@marniekilbourne608
@marniekilbourne608 Жыл бұрын
Very few stores specialize in one product anymore. Everything is mass retail. At least you can see the items at Walmart. You never know what you might get from Amazon on some things.
@lorainefleeman6011
@lorainefleeman6011 Жыл бұрын
I would not buy a kid's bike from a bike shop. Walmart for that. But for bikes they intend to keep for years, yes, a bike shop. Kids outgrow bikes like crazy, so no point in spending hundreds of $.
@matthewtanner7511
@matthewtanner7511 Жыл бұрын
That’s not true, that company is gonna make the cheapest product it can make for everyone so they can try to get higher margins
@higherlifts420
@higherlifts420 Жыл бұрын
​@@lorainefleeman6011I still have my road bike from when I was 10. Only bike to make it. Only bike that wasn't bought from Walmart
@SgtJoeSmith
@SgtJoeSmith Жыл бұрын
@@marniekilbourne608 you cant make a living wage selling 1 thing only. greedy customers look prices up on phone to see what they are on amazon or ebay or elsewhere and want you to price match or they walk out. i know a lot of store owners that closed to go work for walmart or amazon to make more money.
@pyromcr
@pyromcr 2 жыл бұрын
Really messed up how Walmart of 2004 looks good by todays standards. We've fallen so far so fast.
@kennethrohen5963
@kennethrohen5963 2 жыл бұрын
But Wal-Mart attracts all of the sideshow weirdos, which is the only reason to go there--for a lot of laughs.
@paulatwood998
@paulatwood998 2 жыл бұрын
@@kennethrohen5963 boy ain't that the truth!
@amberhenson289
@amberhenson289 2 жыл бұрын
I had one of them tvs around 2004 it was a good one
@nslouka90
@nslouka90 2 жыл бұрын
That clip of the employees finding socks and calculating profit margins is the type of stuff I learned in college and they’re teaching to them at Walmart? 😩
@kishascape
@kishascape 2 жыл бұрын
Well at least they actually had valid products back then that actually worked and werent stripped down junk versions made specifically for walmart.
@conradjarrett9316
@conradjarrett9316 2 жыл бұрын
I lived in a small, touristy town in NE Oklahoma when a "super" Wal-Mart opened on the south end of town. Within a year, the main street of the town was decimated with dozens of small business owners driven out of business, from hardware stores, bakeries, cafes, frame shops, shoe stores, clothing stores, destroyed. Now, 30 years later, the main street has still not recovered.
@8000RPM.
@8000RPM. 2 жыл бұрын
I know EXACTLY what you mean. I have also witnessed it.
@Diez-PT
@Diez-PT 9 ай бұрын
this is a great documentary pairing with the Amazon doc. I learned a lot today. thank you.
@jondoe9548
@jondoe9548 2 жыл бұрын
The fact that we get free documentaries on KZbin by FRONTLINE PBS is truly a gift 👍👍👍
@jondoe9548
@jondoe9548 2 жыл бұрын
What about Target?
@crotalusatrox7931
@crotalusatrox7931 2 жыл бұрын
Went to local grocery store the other day, great selection of fresh produce, meats and other groceries. Went to check out and surprise there's still a cashier/checker and a bagger besides. Felt like old school.
@Tendomcgoobin
@Tendomcgoobin 2 жыл бұрын
Alright.
@MaxVerslappin48
@MaxVerslappin48 2 жыл бұрын
And how much more did you have to spend
@crotalusatrox7931
@crotalusatrox7931 2 жыл бұрын
@@MaxVerslappin48 Prices comparable to Wal-mart. Some items higher some lower.
@davisholman8149
@davisholman8149 2 жыл бұрын
@@crotalusatrox7931 I shop the sales - most stores have sale prices cheaper than Walmart. Walmart used to price match the sale items. I only have a handful of items I can get cheaper at Walmart.
@bobs182
@bobs182 2 жыл бұрын
I went to Publix grocery store today and checked out in the self check out.
@laurendoe168
@laurendoe168 2 жыл бұрын
One trick that WalMart plays is making its products have a unique model number. The product may be exactly the same as the product at another store, but the model number will be intentionally different. If you go to Walmart and say "I found this item cheaper at another store", they'll point to the model number and say, "Nope, that's different" and deny you a refund.
@avictorianicholas
@avictorianicholas 2 жыл бұрын
@Lauren Doe 💯 👍🏿 👍🏾 👍🏽 👍🏼 👍🏻 👍 this is so annoying true.
@theamerican7080
@theamerican7080 2 жыл бұрын
Town Fair Tire has been pulling the same scam for decades.
@GeorgeVCohea-dw7ou
@GeorgeVCohea-dw7ou 2 жыл бұрын
Why would Walmart refund you for something you bought elsewhere‽
@theamerican7080
@theamerican7080 2 жыл бұрын
@@GeorgeVCohea-dw7ou Price matching.
@GeorgeVCohea-dw7ou
@GeorgeVCohea-dw7ou 2 жыл бұрын
@@theamerican7080 Ah, ok, Walmart hasn't price matched since before the pandemic. People also prefer the model of Post Grape Nuts sold by Walmart, but had the pandemic not happened, Walmart would have further raised pricing unchecked. Customers got lucky!
@cherylmailloux9647
@cherylmailloux9647 Жыл бұрын
That's why I shop on mercari, Poshmark, ebay and depop,I choose to support the smaller businesses. Even though it's 2 or 3 times more money. I haven't been to a Walmart in a very long time
@blackhawk7r221
@blackhawk7r221 2 жыл бұрын
When over 80% of the consumer goods are Chinese…..and they buried our other options like Montgomery Wards, Sears, Woolco, Howard’s, Gibsons, Wilson’s, etc.
@alexkriaras8351
@alexkriaras8351 2 жыл бұрын
Goldblatts
@alexkriaras8351
@alexkriaras8351 2 жыл бұрын
Zaires
@RuckRuRaggie
@RuckRuRaggie 2 жыл бұрын
If I have to scan and bag my own groceries they should at least give a 10% discount after all I'm doing a job they're not paying me for...
@gulfportflamefighter4545
@gulfportflamefighter4545 2 жыл бұрын
And we keep going supporting them. Its a shame.
@timstark1423
@timstark1423 2 жыл бұрын
If everyone that shopped at Walmart would stop shopping at Walmart for one day just imagine how bad it would be for Walmart
@kimberlyyoder7136
@kimberlyyoder7136 2 жыл бұрын
Now that I think of it, my credit card offers me 5% reward points when I shop at Walmart. I've wanted to boycott before. Now it's time to bite the bullet.
@Kyle-bb9zp
@Kyle-bb9zp Жыл бұрын
Yeah my wife and I only shop there only if we can't get it at tops market. Walmart put my dad store out of business in 2004. Watkins Glen NY
@chinaboss6683
@chinaboss6683 Жыл бұрын
It wouldnt hurt them one bit.
@secretsquirrel1534
@secretsquirrel1534 Жыл бұрын
Would take a Month or Two of that Happening before Walmart would do Anything !!!
@joshuagharis9017
@joshuagharis9017 Жыл бұрын
Lesson: capitalism sucks for 99% of us. PERIOD 😊
@jmassey7125
@jmassey7125 3 ай бұрын
Walmart is the worst thing to happen to America and now we have Amazon and it is the second worst thing to happen, when you don't have any competition you can charge whatever you want because there are only two choices when there used to be hundreds of choices
@MrEric2cu
@MrEric2cu 2 жыл бұрын
As a former Walmart employee, they bullied us just as much as the manufacturers. They pay dirt wages and if you are interested in medical insurance for your family, you're STRONGLY persuaded to pay for insurance Walmart conveniently provides. At the end of the month you're paying more to them than they are to you. EVERYTHING is done with a stopwatch. If stocking, you're told how many items you need to put away in a minute. They literally stand behind you and around corners.They're so bold, they'll remind you often of how expendable you are if your pace is too slow. Employees have to hide injuries from trying to keep up. Any noticeable limp or muscle strain they see, that person is quickly terminated.
@dalewhite5152
@dalewhite5152 2 жыл бұрын
CUT THROATS ...look at the USA today ..a drop in a standard of living like i couldnt have imagined..WAKE UP FOLKS
@NobodyNeedstoknow-bq5px
@NobodyNeedstoknow-bq5px 11 ай бұрын
Yeah, I worked for them for a year and the insurance they offered me literally cost more than my full week paycheck. It was fuking ridiculous that they could legally offer insurance required by law, but could make me pay more for the insurance than they paid me.
@cyrusdubash3097
@cyrusdubash3097 10 ай бұрын
As a displaced worker with a disability, I've seen people with disability discriminated against several times. The most noticeable name for me is Aldi grocery store.
@renees1021
@renees1021 2 жыл бұрын
In the time since Walmart has come into two towns where I live(d), I've seen both Main Streets nearly die [both trying to revive with foo-foo shops instead of department stores] and the same for malls and strip malls. 85-90% grocery stores gone. K-Mart gone. Dollar General & Family Dollar have come and 2 Farm stores in the larger town. Low-Income wages stagnated for a couple decades. 70% manufacturing gone. Very little new homes, no new low income homes. Prices skyrocketed. Walmart's low prices are an illusion with brainwashing. Walmart prices are just below everyone else's enough to guarantee they'll be the last one standing. Customer Service isn't a priority anymore but surveillance and shop lifters are... FTC just this week Suing Walmart for enabling fraudsters to swindle customers and even some employees are part of it. Very little Made in America now. Walmart also changes city areas. Business wanting to survive relocate near Walmart. Economic doom for old addresses.
@anthonydelfino6171
@anthonydelfino6171 2 жыл бұрын
Oh yeah that's exactly Walmart's playbook. They absolutely run new stores in small towns at a loss for several years to dry up competition before raising prices back up to their normal levels, or sometimes higher. At that point, too, more jobs are lost than Walmart brought in, and the jobs Walmart did bring are lower paid than the jobs they destroyed. I watched it happen to several towns in my home state, and it's so sad every time. And what's worse, every time these small towns hear they're getting a Walmart, they all got so excited for it, then years later, you'll hear people say it was the worst mistake they ever made for their town.
@Tamar-sz8ox
@Tamar-sz8ox 2 жыл бұрын
Yes, I hear you ! Agreed !
@Growmap
@Growmap 2 жыл бұрын
@@anthonydelfino6171 Sometimes they don't. Kaufman, Texas lucked out when the location Wal-mart wanted wasn't zoned for liquor. By the time they could get that changed, they decided to build somewhere else. The small business owners had time to try to stop them from ever coming there. Some towns have been successful at it. Holyoke, Massachusetts kept them out back in 2013 and it looks like they're still out. But Kaufman business owners must have failed as there is one there now. Too bad Americans weren't smart enough to not shop there -- and still aren't smart enough to quit doing it.
@ltmundy1164
@ltmundy1164 2 жыл бұрын
@Anthony Delfino Predatory pricing combined with off sourcing (starting just before NAFTA) has become the standard business model since Sam Walton's death. Combined with vertical integration (in practice if not in legal fact.)
@checkitout7111
@checkitout7111 2 жыл бұрын
Once you become a supplier for Walmart, they have tremendous power over your company. You can't trust others to look out for your self interest especially when they have a record of abusive practices.
@emilybattle4790
@emilybattle4790 3 ай бұрын
Walmart is discussting. They rehired the man who sexually harassed me a week after firing him
@InfernalOne
@InfernalOne 2 жыл бұрын
A friend took a job there to bridge the gap in her income after her daughter moved out. She said her training consisted of lectures on how bad unions are for business and who among your peers you could have a relationship with and not jeopardize your job. No training on products or policy, just anti-union rhetoric and who you can sleep with and not get fired.
@t_rapsbruh5610
@t_rapsbruh5610 2 жыл бұрын
Sounds like Amazon
@Brian_Williams5298
@Brian_Williams5298 2 жыл бұрын
As a former employee this is true.
@cassiemontgomery45
@cassiemontgomery45 2 жыл бұрын
This is true. My younger sister worked at Walmart while in college and I remember her telling me about all the anti-union rhetoric.
@hiroshir
@hiroshir 2 жыл бұрын
I have never been to a walmart, I live on Guam. I choose to believe that companies who take care of their employees, customers, wildlife and the environment are good for America.
@TattedIrishxxx
@TattedIrishxxx 2 жыл бұрын
Well that’s not Walmart nor really any other big corporations!
@3orM00Rrecharacters
@3orM00Rrecharacters 2 жыл бұрын
Sadly, hiroshi, companies like Walmart are really only interested in providing value to their shareholders… the “owners” of the company. This brings with it all kinds of terrible consequences, to save money, make money, or hold on to money. Who is to blame? It’s easy to say “Wall Street”, but if you go back in history, the real blame falls on free market capitalism. Like the saying goes: Capitalism is dreadful, almost as much as the alternative (Socialism).
@kimberlyyoder7136
@kimberlyyoder7136 2 жыл бұрын
@@3orM00Rrecharacters I think you miss the mark. Without capitalism, we would be using the barter system. Which also can lead to greed. It comes down to do we still have a Moral compass? When it comes to helping, dealing with, working with, or for other ppl, how do we train ourselves and our children to be fair, compassionate, and NOT greedy.?.
@manonmars2009
@manonmars2009 Жыл бұрын
As of 2023, I buy as little from Wal-Mart as possible. I saw this documentary when it came out in 2004. It taught me a valuable lesson. I deprive Wal-Mart of the very thing they cherish.....money. Now Amazon is Hoovering up the cash supply. There is no end to the greed.
@jonise2524
@jonise2524 Жыл бұрын
Business, the Amerucan way
@PAMELAPORTER-ci7mr
@PAMELAPORTER-ci7mr Жыл бұрын
After one horrible experience with Amazon customer service, I had no problem cutting Amazon out of my life.
@doreekaplan2589
@doreekaplan2589 Жыл бұрын
I do not buy a thing from there
@m42037
@m42037 7 ай бұрын
Me too, I only go there about five times a year for those "couple items" that are real cheap and leave! Most my shopping is Trader Joe's or Aldi or Kroger. Lidl is really good too if there's one in your state
@butterbossnick
@butterbossnick 4 ай бұрын
What an amazing documentary great job! Rick Young!
@russellseilhamer4552
@russellseilhamer4552 2 жыл бұрын
A lot has changed in 18 years since this documentary was released. I’ll say this. Retail in general is a dog eat dog kind of business. There’s no $$$ in it for entry level associates in the stores. You have to move up into management. Store managers make over 100k a year, assistant managers make 60 to 70 k a year but even those ppl work a ton of hours and there’s a crazy amount of responsibility and pressure involved with these positions. Lowering prices was great in the 90s because we had constant downward pressure on prices because of the Walmart effect. There was constant worries about too much deflation in prices. It’s different now because Walmart has to compete for consumer goods with retailers around the world who dominate outside the US. The third world has grown up and there’s demand everywhere that keeps pushing prices up. Walmart cannot dictate to their producers the way they once did . The prices aren’t as low as they used to be, the bargains not as plentiful. You also have the dollar stores taking a piece of business that once belonged to Walmart. They’re still profitable and powerful but they’re also vulnerable because their whole business model was based on underselling everyone else. What happens when you can’t do that anymore??
@lw8546
@lw8546 2 жыл бұрын
I have noticed over the years with Walmart is that their clothes are getting junkier, and the prices are getting higher, and nothing is made from the USA.
@cjhoward409
@cjhoward409 2 жыл бұрын
And it’s easier to shop online … Amazon particularly
@Junkinsally
@Junkinsally 2 жыл бұрын
Don’t know where you’re getting your figures because no Walmart store manager makes 100 grand a year. Might be lucky to make 75
@peanutbutterdragon4105
@peanutbutterdragon4105 2 жыл бұрын
Id love to be able to never buy walmart but they have already destroyed America and made it to where we lost all our manufacturing. I hate walmart, but Im so poor where else can I shop? I don't even make enough to live off of.
@AmericanBusinessman422
@AmericanBusinessman422 2 жыл бұрын
If you really believe this, then it's evident you haven't even looked around...
@peanutbutterdragon4105
@peanutbutterdragon4105 2 жыл бұрын
@@AmericanBusinessman422 says the person who doesn't know anything about me
@gulfportflamefighter4545
@gulfportflamefighter4545 2 жыл бұрын
There are jobs everywhere. I can’t imagine someone saying they can’t find a job right now.
@daviddavidson9681
@daviddavidson9681 Жыл бұрын
As a type 1 diabetic that had NO health insurance for five years, Walmart's $25 insulin and $9 test strips/glucometers have kept me alive.
@quail4sale334
@quail4sale334 Жыл бұрын
But it was probably Walmart groceries made in China that gave you diabetes in the first place. So Walmart made you sick, and now you get your medicine from Walmart.
@cloudyblaze7916
@cloudyblaze7916 2 жыл бұрын
Inflation is created by the government/fed, by both shutting down the economy thus reducing output & massively increasing the money supply. Flooding the money supply without increased production reduces demand for dollars causing real inflation.
@kaylawood9053
@kaylawood9053 2 жыл бұрын
There is a perfect storm forming in America. Inflation, sever drought in the farm belt, the pandemic, food shortages, diesel fuel and heating fuel shortages, baby formula shortage, shortage of and price of available cars, the price of housing. It's all coming together and could lead to real disaster toward the end of this year.(or sooner)
@bradcornwell3206
@bradcornwell3206 2 жыл бұрын
For decades, government policy has been throwing the future under the bus. The day of reckoning is coming. I expect the stock market to crash as much as 80%. Investors will rush out of stocks and into real assets, There's going to be no cash in the banks.... You need a survival plan.
@jinajung1943
@jinajung1943 2 жыл бұрын
I do not know much about the market but based on little knowledge i have on economic supply and demand, this is the best time to venture into the market but the only thing holding me back is the steady fluctuations in prices which is not suppose to be a problem, but i really need guidance because i want to use this avenue that everything is on discount to build a dividend yielding portfolio.
@marielapena6028
@marielapena6028 2 жыл бұрын
@@jinajung1943 ''Theda Helene Jackson'' does a good job. She is quite the genius in portfolio diversification. You can look her up on the web as she is SEC regulated.
@insanetubegain
@insanetubegain 2 жыл бұрын
@@jinajung1943 The stock market is a gamble plain and simple. If you have a problem losing all your investment maybe you should look somewhere else to invest.
@misterlyle.
@misterlyle. 2 жыл бұрын
The story about Rubbermaid displays the surreal nature of American corporations. The company suffered a reduction of sales that triggered a catastrophic collapse. The main plant closed, the employees were dismissed, and the equipment was auctioned off. So the old Rubbermaid was no more; the documentary makes it look like Wal-Mart delivered the killing blow. But Newell "bought" the company, and when you read about it all, there is the appearance that _Rubbermaid never went away._ You can still buy Rubbermaid brand products too. But the old Rubbermaid really is gone; a new company now has claim to the brand name.
@alb12345672
@alb12345672 2 жыл бұрын
Every brand today is like that. They are bought by some big conglomerate and they keep the logo. Look at the fine print on the box to see who really owns it. Most brand name Junk food comes from Mondelez.
@misterlyle.
@misterlyle. 2 жыл бұрын
@@alb12345672 Thanks for your reply! I didn't know about Mondelez, but it isn't surprising. We used to have trusted brands, but now I suppose we have to look closer to get the facts.
@marycooper8385
@marycooper8385 2 жыл бұрын
How old is this ?
@marycooper8385
@marycooper8385 2 жыл бұрын
When was this made?
@marycooper8385
@marycooper8385 2 жыл бұрын
Things have changed drastically since this aired almost 20 years ago
@xoxoxoxoxo7997
@xoxoxoxoxo7997 2 жыл бұрын
90% of their employees either receive or are eligible for foodstamps. Sad many stores allows and promotes local department of social services to come and set up tables in break rooms to sign employees up for foodstamps. How pathetic. Then they hope the employees spend those welfare benefits at their stores where they literally work
@CM-sy3to
@CM-sy3to 2 жыл бұрын
Military enlisted also qualify for foodstamps and they put their life on the line for the country!
@dancingleaves
@dancingleaves Жыл бұрын
Walmart operates in 20 countries, including China. America has been taking advantage of cheap labor in developing countries for years. It’s hard to go back. We simply can’t afford American made products.
@havok3344
@havok3344 2 жыл бұрын
Sheesh, can’t believe I watched this 18 years ago. Please update this story with regards to its fierce competition with AMZN.
@guccipham5863
@guccipham5863 2 жыл бұрын
Shopping at Walmart, you really need to pay attention to their prices. Because the prices that you see on the shelves, most of the time are lower than the prices that they set in the system at checkout. I caught it multiple times when I bought electrical extensions and many other items. They said that they would correct it but they never did. They rob the customers who don't pay attention. Can we prosecute Walmart for stealing customers money from their scam pricing system?
@micnorton9487
@micnorton9487 2 жыл бұрын
That's not surprising since China produces three categories of goods, dog s*** products to sell in america, second class products to sell to other countries, and first class products to sell to Chinese industry and people in the upper economic levels...
@hoangtran7113
@hoangtran7113 2 жыл бұрын
same thing at General Dollar
@lJUSTwanaCOMMENT
@lJUSTwanaCOMMENT Жыл бұрын
My dad was in the temp employee business. He had multiple manufacturing clients put out of business because Wal-Mart would buy their entire production month after month then refuse to pay them a cent.
@Ibhenriksen
@Ibhenriksen Жыл бұрын
Welp. It's no longer cheap anymore. 2004 then vs 2023 Now. Prices are almost identical to Target.
@Durgenheim
@Durgenheim 2 жыл бұрын
This single-minded focus on short term profits at the expense of everything else has infected every corner of American business. It has completely destroyed the prospects of success for workers, small business, and entire communities that have been consigned to poverty and despair. It's insane that this is so normalized.
@southerne5575
@southerne5575 2 жыл бұрын
Have not been in a Wal-Mart in five years. I don’t shop on the evil empire as well Amazon. Have not missed them.
@tomgardner8825
@tomgardner8825 2 жыл бұрын
i am 71 years of age and have never shopped at walmart. their history is underpaying employees and poor quality. and thrives to run family businesses to close
@cooper7031
@cooper7031 Жыл бұрын
The song at the end "Wonderful World " reminds me of a dog commercial 😂
@lakisha2875
@lakisha2875 2 жыл бұрын
I live in Bentonville, Ar. Birthplace of it all. There is ZERO competition here. If there is a random store that has survived, the prices are sky high. Even the gas stations are mini walmarts
@bootitwill
@bootitwill 2 жыл бұрын
i guess it will be easier to unionize the whole country when there are just two employers: Amazon and Walmart. that seems to be the only choice to force change at this point. walmart has said to sellers gradually they wont buy from them unless the price drops a few pennies. They could do that because they had the power. Employees can say we wont work here unless our wage goes up a few dollars. Its just a big game between the biggest bargaining hands in the room. The bigger you are sometimes, the harder you fall; and the more exposed you become. Watch as these two companies figure out how to divest themselves into many little state-based corporations. It wouldn't surprise me if each Walmart store became its own individual company, or franchise, meaning you couldn't topple the beast in one legal move/action.
@Dustinwhy8
@Dustinwhy8 2 жыл бұрын
This isn’t a Wal-Mart issue…it’s the cost of globalization🤷🏻‍♂️.
@rebelgaming1313
@rebelgaming1313 2 жыл бұрын
Correct and not only just Walmart other companies and grocery stores are much included!
@shawnward361
@shawnward361 2 жыл бұрын
I watched this show about Walmart when it came out. It really hit the nail on the head showing what Walmart did to our country. In hindsight, all the individuals who were negatively effected by Walmart had valid reasons for their assertions. The guy from the Cato Institute had a hole in his head!
@conniewojahn6445
@conniewojahn6445 2 жыл бұрын
The Cato guy's brains leaked out the whole in his head? I'd say he doesn't have any brains to leak. His brain was eaten by Walmart. Probably paid him to say they're great for America.
@springchickena1
@springchickena1 Жыл бұрын
and i learned rubbermaid doesn't exist any more. wtf? am i old? am i an old person, now?
@patty4709
@patty4709 5 ай бұрын
Yes, Walmart is excellent for American. Thank God for the founder.
@ericrossoni
@ericrossoni 2 жыл бұрын
I come from the future in 2022 and no it’s not good for America.
@apacheking9776
@apacheking9776 2 жыл бұрын
I'm from 2032 and things are even worse. Amazon and Walmart own everything.
@Zp00kie
@Zp00kie 2 жыл бұрын
These corporations and their ridiculous rituals both by employees and stockholders are like cults!
@bparchambault9533
@bparchambault9533 2 жыл бұрын
Would just like to say, having met Sam, worked for Sam, swept our Sams floor together, Sam always cared for anyone and everyone who had a hand in cost reduction. He was an amazing and charismatic leader.
@karenreaves3650
@karenreaves3650 11 ай бұрын
Walmart began as made in America, we were very concerned about it shutting down family businesses. Very very little is made in America today, even Native American Moccasins are made in China. We have landfills full of cheaply made products from China. We want American family businesses back and all our land returned. Corporations can only lease the land government is given places to operate from, they do not own it. We are a Constitutional Republic.
@Arnie2023
@Arnie2023 2 жыл бұрын
This is so irrelevant now, They should remake one that include Amazon and all the other giant retailers. Just shop local.
@MelaninMagdalene
@MelaninMagdalene 2 жыл бұрын
Amazon is great for capitalism. Idk about America lol
@Phoenix98199
@Phoenix98199 2 жыл бұрын
Can’t shop local. Everything is online now. Went to find a bird bath and was told it’s online, not in store. Same story, over and over .
@adjustedfate
@adjustedfate 2 жыл бұрын
I believe the point is going to be how Walmart has driven out local small businesses creating monopoly control over pricing & availability in just about every county in every state in the country. Walmart controls short supplies, abundance, price gouging, local stores control & change store policies at will, always in their own favor. I could go on & on but we’ve all watched Walmart put the screws to us for decades now. We all know their tricks, shady business practices and how they make the rules.
@MrMustangMan
@MrMustangMan 2 жыл бұрын
@@Phoenix98199 you're right
@alicebas377
@alicebas377 2 жыл бұрын
no it is not....when wal mart started they touted "made in america" now almost nothing is american made. they come into a community, put the independent business under, promise the community all kinds of support, good jobs and wages/benefits...after a few years, support for the local community stops, most workers hours are cut along with benefits.. wal mart sucks and is a big part of the poverty problem in america. I have not entered a walmart in over thirty years and i will be damned if i ever will...i support small business, rather pay a few bucks more that hit a big box store...SHOP LOCAL... and, yes, if i can'tget whaat i need within a ten mile radius, then i don't need it or i do amazon.
@marciam6224
@marciam6224 2 жыл бұрын
I HAVE to shop at Walmart. We are both disabled and on SS and to get what we need to last a month (until the next SS check comes in), we can't afford to shop at the "local" grocery stores. One by one, they have all closed and left us the choice of Walmart, Target and/or Meijer's. A lot of what we use can't be found at Meijer's and Target will never get my business again. We shopped there faithfully to keep them in our neighborhood and as soon as they were able, they moved further away from our neighborhood to be near the mall. That mall is now turning into a ghost town. Sears was one of the anchor stores and has now closed. We had 2 K-Marts, they closed one about 25 years ago and the other just closed about a year or 2 ago. Our only alternative is Walmart. It's shameful how the elderly are treated...they faithfully shop at the local stores only to have them gobbled up by the "big guys". We are damned if we do and damned if we don't.
@fthishandleshit
@fthishandleshit 2 жыл бұрын
Target isn't bad but fuck everyone eh? Just refuse to at least support a company doing better than Walmart. You deserve your woe.
@FinalLugiaGuardian
@FinalLugiaGuardian 2 жыл бұрын
The only way to do that is to have the government come in and use legislation to crush down Walmart with harsh price controls (IE what Germany has done by not allowing Walmart to charge lower prices than the country's smaller family owned retailers.) The people must pay more and do with less, but there are more family owned stores and less unemployed people. Harsh tarifs can also help by artificially raising the price of foreign made goods so that Walmart can't force US suppliers to shut down US factories to shave off 9% more off the retail price.
@maxpeck4154
@maxpeck4154 2 жыл бұрын
That Walmart VP is a case study in talking a lot without actually saying anything
@IanSimpson-fv4kl
@IanSimpson-fv4kl 5 ай бұрын
Great insight, Very scary future ahead for the Americans.
@sct4040
@sct4040 2 жыл бұрын
Never shopped at a Walmart. I stopped going to Target, TJ max as well. Not interested in cheap crap or fast fashion anymore. Also, cancelled my Amazon membership. My last vice is Costco, for now I am keeping that. For now.
@MBarberfan4life
@MBarberfan4life Жыл бұрын
At least Costco gives their employees decent wages and benefits.
@wiebeplatt4749
@wiebeplatt4749 2 жыл бұрын
The thing that all of these experts fail to take into account is that the politicians will never act fiscally responsible and they will continue to encourage the FED to print money thereby worsening inflation.
@Robertgriffinne
@Robertgriffinne 2 жыл бұрын
Inflation is producing a slew of problems throughout the world, including food shortages, diesel and heating fuel shortages, and housing prices and financial market crash. It's all coming together, and by the end of the year, it may be a complete disaster.
@marianparker7502
@marianparker7502 2 жыл бұрын
This global collapse might end up being a part of us for a very long time and due to that fact any money you keep in cash or in a low-interest account declines in value each year. unless you have an exceptionally high income, investing is the only way most people will ever have enough money to retire. Personally I hired ‘’Nicole Ann Sabin’’ a financial advisor who I copy her trades and with a good 10%-15% in ROI monthly.
@instinctively_awesome8283
@instinctively_awesome8283 2 жыл бұрын
@@marianparker7502 The crazy part is that advisors are probably outperforming the market and raising good returns. I will give this a look up, lucky i stumbled on this thread.
@PhilipMurray251
@PhilipMurray251 2 жыл бұрын
@@marianparker7502 I been trying to stick with index funds. I feel this new interest rates hikes could crash this economy. Nevertheless I'm in need of a good investment plan currently. Do you have more clues that could help?
@tradekings5433
@tradekings5433 2 жыл бұрын
Printing money irresponsibly can cause inflation, but there are other major factors. Think about it, the USA has been printing money irresponsibly since the 1980s, which was 42 years ago, so how come it's only in 2022 when inflation
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