Re: Wal-Mart and Wages?

From: Mason A. Clark (masoncNOT_at_THISix.netcom.comQQQ)
Date: 07/18/04 

Date: Sun, 18 Jul 2004 21:50:34 GMT

On 18 Jul 2004 08:33:10 -0700, billm37@yahoo.com (Bill M.) wrote:

>Many of Wal-Mart's employees make around $6-8.00 an hour.
>Also it is my understanding that many of the Wal-Mart employees do
>not have health insurance. It would be great if Wal-Mart could pay at
>least $10/hr. and give health benefits. But that would have the end
>effect of raising prices. So here is the question:
>
>How much would Wal-Mart's prices rise if they were to instituted a
>policy of paying $10.00/hr as the minimum wage and covered each
>employee with health insurance?
>
>If you know of a capable grad. student (or someone else) that might be
>interested in this question could you have them get in touch with me
>and we can discuss details.
>
>Many thanks in advance for any assistance
>
>Bill
>On a bayou in Mississippi where it is VERY hot and muggy but otherwise
>wonderful

Let's hope this is not treated as a simple bookkeeping exercise.
If the employees earn more they can buy more from Wal-Mart so
Wal-Mart's gross will increase and they can reduce their prices.

Thought: How about if Wal-Mart lets its employees buy its goods
at a discount, amounting to an equivalent or greater wage increase?

          Mason C or *permit* them to have a union ?

Relevant Pages

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