Join Date: Aug 2001
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Way O/T - Big Business Stomps on Small Business -Rant
My mother in law has been self employed for what seems like forever. Her biggest customer just notified her that after Dec of this year, they will no longer need her. This company is following WalMart, Home Depot, Sears, etc. by setting up their own shops overseas and copying (though at a lower quality) what was once produced here and eliminating the middle man. To me is seems the Execs want to preserve their market share by stomping out the local producers that may sell things to their competition and create their own label overseas.
Truth be told, her USA factory closed a couple years ago (was in LA but regulation, taxes, etc. ended that) and moved to Mexico just to stay in business. And many of the factory workers moved too where they are still employed and making even more money compaired to their salaries and costs of living here.
But even the cheaper costs of labor in Mexico can not compete with China.
I set up several stores for The Home Depot. I watched the local hardware stores fold every time. Mom and Pop stores putting their kids through college? Gone. Supermarket's (with unions) cashiers making $20 an hour? Welcome to Wal Mart and $6 an hour.
Sigh, I'm not a 100% Perot guy, but you have to admit. The economy is failing. Steel and farms are floating because of subsidies, almost everything else is imported. The average Joe can't afford to "Buy USA", heck, he can't afford to support the little businesses and he probably can't find "USA" anywhere. And we all are so instant gratification oriented, ... No? What if WalMart sold their own brand of ARB lockers for $300 a pop, would YOU save for the brand name? Sure you would...
Just remember, if you complain saying, "what ever happened to service?" -- Service got more expensive and nobody bought it. Had they done so, the inflation rate would reflect it, Mr. Greenspan would raise interest rates again and the layoffs begin. This would in turn lower wages and suddenly the discretionary income is reduced. But we still want things. So we "have to" go to the cheaper vendors and the cheaper retailers. And we find ourselves in aisle 100 with no one to help us, the price tag is missing, and we are greatful... at least we can afford it.
Conspiracy? No. Just a broken chain of stupid events.
Thanks for reading.. I feel a little better.