Originally, Mr. Walton started a company in a town in Arkansas in the 1950′s which lead to a national store today. Walton had originally intended his store to sell American goods and to employ Americans (had been claimed that they have even hired illegal immigrants recently, however Wal-mart claims they had no idea). However when Mr. Walton died in 1992, everything that he built his company to stand for, fell apart and the company is no longer what he had intended for.
Once again, I am going to talk about healthcare, however this time it is about how America’s tax payers are actually the ones paying for the healthcare of the employees of Wal-mart. I have recently read that “1,558,000,000 is the price tax payers pay to support Wal-mart employees, a multi-billion dollar company.” This to me is absolutely ridiculous because in the same text there is also information presented in what Wal-mart DOES spend their money on, which is also absolutely ridiculous. They spend $7,137,000 plus on just anti-union things. They also pay off law suits that are filed against them.
Also since Mr. Walton has died, his catch phrase and motto for buy more for less has gotten a new meaning, in more than one way. The customer can buy things cheaper because as mentioned in previous blogs, the products are not made in America. Another way that this motto has changed is that while Wal-mart is decreasing the price on a majority of things, they are also increasing the price on many things to make up for the loss that they get by making products cheaper. Wal-mart sneakily makes the costumers believe that their products cost less,so they believe that EVERYTHING costs less, while this in fact is no true, some actually cost more than they would in similar stores.
Since Walton has passed away, the family, CEO’s and others in charge of Wal-mart have turned it around into something which Mr. Walton did not stand for and probably would not approve of.
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