<div id="RTEContent"> <pre><tt>Andreas,<br><br>I really am shocked to say the least by this post. I really did think that<br>you had a better understanding how the retail industry and economics works.<br>However, your statements show your understanding to extremely poor:<br><br>I unfortunately, with two jobs and full-time grad school, I do not have the<br>time to give your reply the full justice it deserves. However, I will <br>address a few points.<br><br>First, Wal-Mart does not "Force" manufacturers to move overseas. Wal-Mart<br>does not have any legal authority to do so. Wal_mart knows what a product a must<br>sell in order to buy it. They are not going to buy a DVD player for $75 that<br>will not sell and just sits on their shelf preventing an item that can sell<br>from from being there. If the manufacturer cannot produce the DVD player for less<br>then $75 they have four choices,<br><br>A) Find another buyer besides Wal-Mart, like Target, Sears, ShopKo, etc.<br>B) Give
everyone pay cuts<br>C) Move overseas<br>B) Shut down<br><br>You seem to fail to realize that Wal_Mart does not set the price, consumers do.<br>People in the United States will not pay $250 for a cheap DVD player so a <br>US union worker can be paid $35 an hour + free medical. The product will just sit<br>on the self collecting dust. <br><br>You seem oblivious to the reality that if Wal-Mart does not sell the $250 DVD player<br>made in China for just $15, that somebody else will, perhaps a foreign owned company. <br><br>You also seem to lose site of the reality that people are clamoring for<br>Wal_mart jobs in China and the US. Chicago, a union town, has a Wal-Mart<br>coming in and it got 25,000 applications for 500 positions. Same thing<br>happened in California, and many other places. In an economy with less than<br>a 5% unemployment rate.<br><br>I do agree with you on two points however, Andreas.<br><br>First, I do agree that Wal-Mart is wiping out businesses. The worst<!
br>five
percent of businesses, the ones that charge too much and rip off<br>their customers will be wiped out, no doubt. Wal_mart will do to the<br>retail industry that CDs did the record companies, the combine did<br>to the farmer, what the automobile did the horse and buggy industry.<br>Change and growth hurt, and sometimes hurt good people. But aren't you<br>glad Moscow did not prevent automobiles from coming into Moscow to protect <br>Bob and Cindy's buggy dealership? Aren't you glad we did not prevent CDs from coming<br>in to save sweet Mary's record album manufacturing Co.?<br><br>Second, that overseas working conditions are not satisfactory. We<br>should set up a Federal law that mandates a certain set of standards<br>be made for working conditions in overseas factories. If any ship coming<br>to US shore contains any goods made by workers not meeting those standards<br>it shall be returned back to where it came from.<br><br>I am going to
bed.<br><br>_DJA<br><br> <br><br><br></tt></pre><br></div><p>
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