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Article posted Dec 17 2013, 6:45 AM Category: Economy Source: YouTube Print

Schiff: Will Walmart Shoppers Support "Every Day High Wages?"



Walmart touts "Everyday Low Prices," but we asked its customers to support 'Everyday High Wages" instead. We posed as representatives of "15 for 15," a make-believe organization advocating that Walmart raise prices by 15% and use the extra cash to pay its low-skilled workers $15 dollars per hour. Not surprisingly few shoppers supported our cause. Even those who felt Walmart workers should be paid more did not want to pay higher prices themselves to make it possible. Those demanding higher wages for Walmart's workers should consider the importance of low prices to Walmart's customers.





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Comments 1 - 2 of 2 Add Comment Page 1 of 1
Anonymous

Posted: Dec 18 2013, 6:36 AM

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20138 What a piece of garbage. It doesn't take a raise in prices of 15% to raise wages that much. It's totally wrong to pretend it does. Workers that work full time jobs should be able to make enough to not have to rely on food stamps. Remember, companies that don't pay LIVING wages to employees, means the COMPANY is getting a handout/welfare, by being subsidized by the government. At LEAST if the workers made enough, they would have money to spend as well, which would raise ALL boats, including Wal Marts.
swansong

Posted: Dec 18 2013, 2:46 PM

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216130 @20138

Precisely what I was coming to say. Thanks for saving me the time.


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