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Middletown Transcript
From the Will Rogers quote, \x34All politics is applesauce.\x34
Just for the sake of stirring debate, here’s a defense of employee pay scales at Walmart
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Pat Cunningham offers an unabashedly liberal perspective on national politics. A note of caution: The language gets a little salty on some of the sites to which this blog links. So, don't say you weren't warned. By the way, this blog's name is ...
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Liberal Views
Pat Cunningham offers an unabashedly liberal perspective on national politics. A note of caution: The language gets a little salty on some of the sites to which this blog links. So, don't say you weren't warned. By the way, this blog's name is inspired by the Will Rogers quote, \x34All politics is applesauce.\x34 In 41 years as a print and broadcast journalist, most of those years with the Rockford (Ill.) Register Star, Pat has covered national politics under eight American presidents. He's attended 10 national political conventions, Republican and Democratic alike, and has interviewed countless prominent political players, including Jimmy Carter, Ronald Reagan, Gerald Ford and George H.W. Bush.
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By Pat Cunningham
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I’m not saying I agree with the conclusions in THIS PIECE (or in the comments that follow it), but I thought you might find it interesting:

Per store, Walmart makes around $1.4 million/year…

Walmart’s stores are staffed on average by about 300 people who make on average $12.67 or ~$25k/year if they work full-time and take two weeks of unpaid vacation. $1.4mn profit per store /300 workers = ~$4,500. So that’s how much surplus value Walmart is “extracting” from labor, if you don’t factor in anything else like retaining earnings, paying shareholders, investing in new stores/products, etc. That’s a lot ...

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