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View Diary: The truth about Walmart wages (110 comments)

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  •  It s part of the race to the bottom, (1+ / 0-)
    Recommended by:

    and Walmart has a starring role in it.

    Back in the 70s, as a young man,  I got a job with AT&T. At the time, the Telephone company was the biggest company on earth. My job was paying a living wage and I got benefits for my family and I, as well as a pension.Oh yes, we all belonged to a union also.   Our motto was "an honest day's work for an honest day's pay".

    Fast forward to the present. The biggest company in America is, horror of horrors, Walmart. A company established by some rednecks in Arkansas, whose whole purpose is to sell junk, paying coolie wages and displacing small and viable buseness all over the land.

    We call this: "American exceptionalism". It is a culture based in greed that is debasinjg the lives of millions for the benefit of the very few.

    What a shame!!!

    •  Wages are racing to the bottom yet, Wall Street (2+ / 0-)
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      rhauenstein, schnecke21

      will not let housing costs adjust to prevailing wages.
       The cost of everything keeps going up but, the wages keep going down.  How much longer is this house of cards supposed to stand?

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