skadistic
Caomhanach
Wal-Mart is already at the low end, so it wouldn't be a $2 across the board raise in the industry. Plus you have to discount the non-union employees plus other cost cutting Wal-Mart could do with its bloated management team in Bentonville. Plus, you have all of those millions of people making more money, putting more money into the economy, and thus creating jobs outside of the big box sector. Sort of like trickle down voodoo except from the wage serf end. Sure there would be inflationary pressure, but the American economy thrived enough to remain an economic superpower when the unions were more prevalent than they are today, so I think you paint a overly pessimistic picture about the potential downsides to the stingiest retailer being unionized.
Wal*mart isn't the low end and when one sector of an industry gets a wage increase it spreads out to the entire industry.
Overly pessimistic? You said your self there would be inflationary pressure. So yes inflation. As things get more expensive other things get more expensive. And it all goes up. And the number of non-union workers in Wal*mart would be small.
What? Clean up your contradictions so I can reply.so what? the union is looking out for itself, as it should. I fault GM for putting up with them, not the union for doing what unions do. You obviously havent grasped the concept that unions are these idealistic institutions that are supposed to be altruistic and beneficial to everyone in the economy. Where did you get this idea that unions are supposed to be this idealistic?