Sunday, January 02, 2005

A sad kind of progress

WalMart knows that its customers are at the lower end of the economic spectrum. But somehow they find a way to broaden their customer base, if not their appeal...
In a chilling reversal of Henry Ford's strategy, which was to pay his workers amply so they could buy Ford cars, Wal-Mart's stingy compensation policies -- workers make, on average, just over $8 an hour, and if they want health insurance, they must pay more than a third of the premium -- contribute to an economy in which, increasingly, workers can afford to shop only at Wal-Mart.
Happy #$%@! New Year, America!

(via LaDiDa)

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