#5: Wal-Mart's rank, if it were a separate nation, among China's biggest export markets -- ahead of Germany and Britain
And a few other tidbits . .
$
0.31: The legal hourly minimum wage in China
$
0.23: Average hourly wage at 15 Chinese factories making clothing, shoes, and handbags to be sold at U.S. Wal-Mart stores, 2001
73: Average number of hours worked per week by employees at those 15 factories
42,000: Number of Wal-Mart employees in the state of Georgia in 2002
10,261: Number of children of Wal-Mart employees in Georgia who are enrolled in the state's PeachCare for Kids health insurance program, which provides medical coverage to children whose parents cannot afford it
There's plenty more at the source:
Stan Cox: Wal-Mart's Magic Numbers
If you happened to watch the videos (I did), you'd know that Walmart bought 2 German companies. Their employees get above average wages, full benefits and 36 days of paid vacation per year. I'd source that but I really don't want to watch all 11 videos again. Anyway, the German workers have strong leadership, apparently.
Gman and many others think American wages and unions sunk American industry. For the five post war generations, American wages and, for a time, at least, unions, meant a two story split level home, a white picket fence, health care, college for the kids, a decent retirement and for many, all on a single income. Now, the mentality, it seems, is that if the Chicoms don't mind living in tree forts and mud huts, why should Americans mind living in tree forts and mud huts?
When I grew up we lived pretty well without union intervention. In fact, I find it ironic that you would think that the only way anyone can have a nice home or earn a good living is by giving over your rights to a union. I never stated that American wages sunk American industry. I have stated that it was the unreasonable demands made by unions what have contributed to the demise of the steel and other industries. There were other factors such as government foreign policy, high taxation and unreasonable regulations, such as the EPA. It isn't just one factor that has destroyed much of our industry.
Now, instead of paying a decent wage to produce high quality goods and earning a respectable profit, it makes more sense to bypass the American worker, TRUCK the raw materials across country, ship them overseas, consign the entire manufacturing process to sweat shop labor, ship the finished goods back over here, TRUCK them to the stores and make an enormous profit for the shareholders. Do you honestly believe that there is value in taking the American worker out of the loop? They're spending humongous dollars on shipping to save you pennies at the register? Think again. And before you go jumping for joy about all that high paying freight, the Chicom shipping companies are getting the lion's share of the dollars. You can't see where it might be better for all Americans to cut the Chicoms out of the loop?
I agree that we need a strong industrial base. 30 years or so ago people could earn a decent living on minimum wage. They could buy a home, car and live comfortably on minimum wage. One reason that is not possible today is due to huge taxes. Most of the taxes we have today did not exist 30 years ago. Reducing taxes and changing public policy against business would do more to return jobs to this country than anything. I would prefer to see import taxes put back in place. It could enourage businesses to make more products in this country. We also need to change the attitudes of the American consumer. Cheaper is not better. We used to demand quality in the products we purchase. We now seem to be more interested in buying something that is cheap and will last a year rather than paying more for a quality product which will last a lifetime.
Let me give it to you straight. Big business is buying your leadership and your leadership is selling you down the river. Understood? In the meantime, you're willingly surrendering your liberties, YOU have a houseful of worthless, third rate crap and YOU owe the Chicoms 3 trillion bucks.
I agree to some extent about big business buying our leadership, what little we have of leadership. This entire healthcare bill is supported by many large corporations. They would prefer that the government pay for healthcare rather than them having to pick up the tab.
"It would not bode well for the administration if Walmart cut back too much on their purchases from China . . " God forbid we should do anything to upset the administration. What about if it's good for the country? Can we get you onboard if it's for the good of the country? My country . . 'tis of thee? Sweet land of Liberty?
I said the above in a somewhat tongue and cheek manner. But, it would create some problems for the administration to cut back on imports from the bank. And China has become the bank for this administrations radical spending programs.
The Port of Oakland drayage Driver's were set to go on strike today but either the city or the state or the port authority or whomever gave them an extension while they sort out funding for the new clean air contraptions. We all know to some degree a lttle of what's happening in LA/Long Beach. All I can ask is for the first guy to go on strike, would you please block me in, too? Oh, wait! Interfering with an interstate shipment . . even as an act of protest or a labor dispute . . is now an act of terrorism; hence a no bail, Federal crime, of course. That's our leadership. And to Gman et al, at least, that makes sense.