It turns out that the cost of cheap is actually ridiculously expensive. Strange right? What we are beginning to learn is that the costs of low quality, mass produced products isn't less, it's just that the costs have been shifted to others. 

Let's use Walmart as an example. They are one of the most well-known organizations for providing the lowest prices. The mentality needed to produce something at the lowest possible cost is a numbers game. It doesn't take into account quality, health, or the environment but simply does this material cost less than that. This is how we get cancer causing items in our food and clothing that easily ignites. When lose we attention to detail and only focus on price, bad things can happen.

While Walmart has never been known for its employee satisfaction, it recently came out that the average full-time employee receives an average of $6,000 a year in government subsidies. That includes food stamps, housing subsidies, medicaid and more. We found that the average full-timer makes about $9 an hour without benefits or paid time off. Is that worth paying $.12 less for a bar of candy?

Their employees aren't the only folks hurt by the constant goal of lowering costs, the environment is too! We found a study that shows on average, a Walmart shopper throws out 83 lbs of packaging and products per year. Since so many items that are cheaply made are seen as "disposable", this creates a win-win for Walmart. Not for us. What is interesting about that 83 lbs number is that it is 4x more than the decade before.

Lastly, this affects our health! One of the fastest-growing professions in the US is Food Scientist. They are tasked with recreating tastes and flavors in a lab that can be mass produced with the expense of the real item. This is why we have seen the rise of high fructose corn syrup and other ingredients.

Obesity alone costs us more than $190 billion per year. It's hard to get obese by eating fruits and vegetables, right? 

Though I hope I did the topic some justice, here's more from the folks from the Story of Stuff