Wal-Mart Settles Worker Suit for $54M

And a large percentage of them come from China. :laugh:

They just charge more than Wal Mart for them. Fixed expenses force them to.

 

They are in S. Texas also.

 

Not their meat and cheese.

 

While at one time WalMart paid good wages to their workers and many of my friends worked there. Today that is not the case.

 

I am no expert and he explained it to me. I am not sure I understood everything he told me. The only thing that makes sense to me is that when a middle man buys something for 50 cents and sells it for a dollar he has not had to spend anything to produce the product and makes more money than the supplier.

 

>The only thing that makes sense to me is that when a middle man buys something for 50 cents and sells it for a dollar he has not had to spend anything to produce the product and makes more money than the supplier.

The merchant puts out the 50 cents up front and spends time and money, taking the stuff where he thinks the people will pay him enough to make a profit. In the bad old days people put their stuff in a wagon or cart and went door peddling their stuff. Many, many people who came thru Ellis Island started out by buying cheap goods and selling the stuff on the street.

Anyone remember the Fuller Brush Man? That was a step up the food chain for him. Cloverine brand salve ads on the back of comic books?

In Bangladesh and other poor countries some people stayed alive by picking up bottle caps and selling them to people who had bottles but lost the caps.

Most living Americans don't have a clue about the bad old days. I worked with a guy who was born in a one room dirt floor cabin in Alberta (British Columbia?) - he was about my age. Some may discover hard times in the next few years.

 

I hope not, but are you really all that sure?