January 24th, 2018
For all I know, by the time anyone reads these journal entries, I’m either dead, or alive somewhere wishing I never posted them. Regardless, I feel in order to explain this post, I have to paint a picture of the current era. I’ll try to be brief:
Donald Trump is president. He promised a boat load of tax reform that promised to see money in everyone’s pockets. Walmart and Disney recently gave out $1,000 bonuses to employees — implying this is the sum result of Trumps tax reform. Major retail stores are closing — implying intense competition from Amazon and other online shops. On the same day Walmart announced giving out bonuses, they closed some 60 Same’s Clubs and a few Market stores.
Today, I found out they are closing 180+ Toy’s R Us stores. One of them in my area. So that will be TWO major stores closed near me. Sam’s Club was across the street from Toy’s R Us. I use to work at the Walmart next to that.
Now, a few years back, there was a Target store near here and that was the first to go. Gradually, other stores were closing and Sears is about to close their doors in a few weeks.
What’s all this about?
Well, look at where Walmart is as centered in a box. All stores in this box is closed except for that one Walmart.
How much longer will it stay open?
Oh, so you’re wondering why I’m even thinking of Walmart at this time? Well, the wounds are still fresh. It’s only been a month. My wife came home from shopping there and said the shelves looked bare — considering we didn’t have a major storm or anything. There’s another Walmart one exit away and it was recently remodeled. The store I worked out isn’t, and as far as I know, no plans to be.
All these companies are saying they suddenly have money to give their employees. As if they didn’t have it before. Apple was recently forced to bring back some 30 Billion dollars from overseas. What the current administration is doing is supposedly making the atmosphere either HARD for these companies, forcing them to bring money back here — or EASIER for these companies to give out extra money.
It’s my opinion that these companies had the money to give bonuses to employees in the first place and are just giving Trump the praise for a little tax manipulation.
Apple was flush with cash for YEARS before this administration started and they seemed to be forced to bring the money back here from tax havens overseas. So, in that regard — only in Apple’s case — maybe there is something to the tax changes. Some sort of leverage play.
I’m not a tax genius by any stretch of the word, but it all seems rather lateral to me. Like the money has never changed. Just rerouted. Money given to employees as a so-called bonus was money they had extra anyway and it makes Trump look good. Money overseas was money owed in taxes anyway.
http://www.latimes.com/business/hiltzik/la-fi-hiltzik-apple-tax-20180122-story.html
Walmart’s generous bonus scheme is balanced out by closing stores. If you understand that NO business will give bonuses freely, and follow the money closely, you’ll see things haven’t changed. It all seems like a major PR stunt.
If I’m wrong, then a business like ‘Carrier’ will start offering bonuses and stop laying off people. Carrier was a company that Trump vowed will stay alive:
What do all these thoughts of the financial status of the world have to do with me?
Welp, this project I’m working on directly ties myself in with the service industry and the more these stores close down around here, the more likely property values drop and setting up shop in this area makes more sense than ever before. The stores may close, but the residents are still here.
Also, Amazon has Atlanta in the top 20 states to put a second headquarters and, believe it or not, this is the area it’s considering. Makes no sense, right? Fact is, the property values are falling and there’s space. Amazon typically posts up in lower-ranked locations.
And, as I said, my project is a service concept that actually would work well with Amazon. I can say, if I accomplish a few things, I was striving for a contract with Amazon no matter where they place their headquarters. Long story short, this may work in my favor no matter how things go.
I can’t say what the future holds for me — but I am trying every day to get it to one specific outcome — let the record show that on this day, I was sufficiently attuned to the current events that shaped what the heck I will try to do in the future.
That I got out of ‘retail’ right on time to pursue my degree. As you read in the previous journal entries, even when I was in Walmart, I knew it wasn’t for me and I needed something more. All these retail shops closing, I feel bad for career retail managers. What the hell are they going to do? Fuck ‘em. I know what I’m doing.
That said, let it be known that I called the potential closing of the local Walmart I worked at — a private ‘fuck you’ to the management working there.
