Friday, September 30

Higher Prices To Come At Walmart

"More than 300 labor unions and other liberal groups are joining forces for 'Higher Expectations Week,' a series of 1,000 events intended to pressure Wal-Mart to make reforms in such areas as 'affordable health care, corporate responsibility and economic justice.' According to the Wal-Mart Watch website, labor unions taking part in the campaign include the Service Employees International Union, the International Brotherhood of Teamsters and the United Food and Commercial Workers."
Do these people not realize that Walmart doesn't pay for those things, their customers do? Corporations pass along all the corporate and employee taxes they must pay to their customers along with all their other costs -- it's called "overhead." Those "overhead" costs are embedded in the price of everything we buy.
Some of the supporters of these unions are: Other participants in the week-long series include such liberal groups as the Sierra Club, United for a Fair Economy and Pride at Work, as well as local affiliates of the AFL-CIO, the National Organization for Women, the ACLU and NARAL Pro-Choice America.
So what happens when and if they succeed and Walmart has to raise prices to pay for all those "economic justice" costs? Their prices go up and they are no longer competitive in the lower price market. Customers stop coming and the jobs are no more.
Come now, Unions and all you generous Liberals, whose interests are you promoting here? Not the employees. Not the customers. Who?

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