WalMart = the high cost of a low price

Discussion in 'Economy' started by Luddly Neddite, Sep 2, 2012.

  1. Luddly Neddite
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    Luddly Neddite Diamond Member

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    EXCELLENT documentary showing on Current TV.

    I realize rw's don't watch Current or anything that does not follow the R party line but really, this is well worth watching.
     
  2. Luddly Neddite
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    Luddly Neddite Diamond Member

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    rw's will whine about unions but vote for pubs who support WalMart and other Commie-supporting business.

    Are they stupid? Or are they supporting Communism on purpose?
     
  3. Luddly Neddite
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    Luddly Neddite Diamond Member

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    Typical rw's.

    They hate unions because they help US citizens to make a livable wage with benefits.

    Put them on the spot though and they disappear.

    Any idea how WalMart feels about unions? What do you think? You think unions are allowed in WalMart?

    Any idea how many Wal Mart employees who work full time but are eligible for government welfare benefits?
     
  4. Luddly Neddite
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    Luddly Neddite Diamond Member

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    BTW, in Europe, the employees have an Employee Council to ensure they get health care, three weeks vacation days and other bennies. The result is that the employees don't get crapped on like they do in the US.

    pubs/pots like your hero Walker and other fascist Rs make sure WalMart employees in the US get nuthin.
     
    Last edited: Sep 2, 2012
  5. Moonglow
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    Moonglow Diamond Member

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    they are having yheir ten cents off of fuel purchases rigt now until x-mas
     
  6. Luddly Neddite
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    Luddly Neddite Diamond Member

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    yes, well, I can see how that's a lot more important paying a liveable wage to single mothers in the US or paying a liveable wage to Chinese women, Bangladesh women who make the crappy clothes we buy from WalMart.

    I was so shocked and so saddened to learn that the little girls who put together Barbie dolls do not make enough money to buy the doll themselves.

    The Waltons learned to lie, cheat and steal from others to make money front the Koch brothers who learned it from their father who, like Mitt the Worm, got their financial start from daddy.

    In case anyone is interested in learning some real truth, read up on the black sheep Koch brother, Bill.

    What the Waltons don't own, the Kochs do.

    Vote for them - they want only to enslave us. And no, that's not overstating what is happening while we scrap about R and L.
     
  7. Quantum Windbag
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    Quantum Windbag Gold Member

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    It is so much better to make sure poor people cannot afford new stuff than to give them choices, isn't it?
     
  8. sealybobo
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    sealybobo Diamond Member

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    And it isn't like Walmart passes on the savings to us consumers.

    As David Ricardo pointed out with his "Iron Law of Labor" (published in his 1814 treatise "On Labor") when labor markets are tight, wages go up. When labor markets are awash in workers willing to work at the bottom of the pay scale, unskilled and semi-skilled wages overall will decrease to "subsistence" levels.

    Two years later, in 1816, Ricardo pointed out in his "On Profits" that when the cost of labor goes down, the result usually isn't a decrease in product prices, but, instead, an increase in corporate and CEO profits. (This is because the marketplace sets prices, but the cost of labor helps set profits. For example, when Nike began manufacturing shoes in Third World countries with labor costs much below US labor costs, it didn't lead to $15 Nikes - their price held, and even increased, because the market would bear it. Instead, that reduction in labor costs led to Nike CEO Phil Knight becoming a multi-billionaire.)

    Republicans understand this very, very well, although they never talk about it.

    - See more at: Reclaiming the Issues: "It's an Illegal Employer Problem"
     
  9. sealybobo
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    sealybobo Diamond Member

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    Why? Are goods at Walmart any cheaper than they are at other stores? Doesn't look that way to me. Seems like any cost savings goes to the Waltons.
     
  10. PredFan
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    I shop at Walmart for three reasons:

    1. It's cheaper.
    2. They are anti-Union
    3. It pisses liberals off.
     

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