The Wal-Mart Problem

Originally Posted by xoxoxoBruce

Not 8% of profit, 8% of payroll.

Oh, in that case 8% of a few lousey dimes. Chinamart should be able to pick up the spare change to cover that by sending someone out to the parking lot once a day to scarf up dropped pennies.

I find it ironic that Chinamart damn near exclusively sells items manufactured in a communist economy, imports them under the banner of free trade, and squalls like a mashed cat at having to provide its own employees anything approaching a living wage, or god forbid, health insurance, as well.

By the way, there is no Federal law requiring that hourly employees be provided with health insurance. Or if there is, its got more holes in it than a Swiss cheese. Hourly employees here in Colorado commonly go without company health insurance and not because they want to, it just isn't offered.

As for the big companies whining about upcoming retirement costs, they get no sympathy from me. Shudda planned. Isn't that what they teach you at MBA school?