Behind that smiley face.

Wal-Mart is one of the biggest corporations out there, expanding from the US to foreign countries around the globe. However, in recent events, Wal-Mart has found itself unable to sustain a store in NYC. I find that amazing that such a big corporation that managed to open stores in China, finds it difficult to open a store in NYC. With a history of unethical practices, Wal-Mart has almost become all that is evil in corporate America. Sure, bright yellow smiley face greet you every where in the store, despite the fact that most of its 1.4 million employees who have to survive without health insurance. Since Wal-Mart is anti-union, it pays the average worker much lower than that of union members, at an astonishing average of $8.23/hr. A congressional report stated that a two-hundred-employee Wal-Mart store can rack up cost of $42,000 a year in house assistance, $108,000 a year in children’s health care, and $125,000 in tax credits and deductions for low-income families. These government effects are only for one store.

NYC has my congratulations for being able to keep Wal-Mart out. As Wal-Mart expands, the store is causing destructions in communities by closing down competitors, shutting out unique stores, and putting people out of jobs. Wal-Mart brings little contribution and requires tax credits when opening a store instead of paying the required taxes to help the local community. By keeping Wal-Mart out, NYC has managed to obtain their originality.