Freddy wrote:Across the river from me is Bangor Maine, (Home of Paul Bunyon and Stephan King) In Bangor was a company called Snow and Nealy. For over 100 years they forged the best steel hand tools. Sledge hammers, axes, ice chippers, splitting mauls, shovels, etc. If it were made of steel and needed to be a quality item they produced it. Well, same ol' story, 4 or 5 years ago now they closed due to imported Chinese junk. Some of us are conscious about buying American, but for the most part we Americans love a low price.
Yup... Love that low price! I've argued with too many about the death spiral of what I call the Walmart mentality. "Everyday Low Prices on Chinese Junk". Meanwhile folks lose their jobs making US goods... are then forced to go to Walmart for the cheeper goods. Poof!!! Walmart profits up XX% while the country collapses.
This isn't capitalism... It is greed at its best. 5 of the top ten Billionaires in the world are Waltons. Six family members have worked for Walmart at various levels. I have a little insight into how they operate. For me, steeping foot in a Walmart is a moral issue.