Thursday, November 21, 2013
In yesterday's Daily Press I read an article by Robert Reich titled "Henry Ford could educate Walmart." The article was interesting because we recently had a debate about Walmart in Weserville, and we had talked about Walmart's low wages. It turns out these low wages might be hurting Walmart's sales, as well as the economy. Mainly people who work at Walmart shop at places like Walmart. If the company were to increase its wages, then the workers could buy more, helping the economy as well as Walmart. Walmart is so big that if it increased its wages, many other companies would as well, boosting the entire nation's economy. Henry Ford did this in 1914. By increasing his wages to his factory workers, many more people could now afford his cars, meaning he made a fortune and helped America. I admire good ol' Henry's descision, because he helped his workers, the economy, and got rich. I think Walmart would be very wise to do the same, however they may not understand the benefits. In our classroom, we could increase Weserville's economy if maybe the almighty giver of our paychecks would maybe increase our wages... Maybe. Anyway this would let us be able to put more money into the market of Weserville. Do you want to earn more money and at the same time help your town????? Wink wink nudge nudge mrs weser :)
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I love it. You are absolutely right. We will be able to spend more for the betterment of Weserville if we are paid more. I think Walmart should increase their wages. They are a huge comapny, and ti would definitely boost our economy. See Ben, Walmart is good for something. o:-)
ReplyDeleteRaising it would help the economy but WalMart won't because they are the number one employer ever at their low wages.
ReplyDeleteIf WalMart had better ethical standards it would help but as of now it wouldnt
ReplyDeleteWow! Raising the salaries would be a great boost because of the size of Walmart.
ReplyDeleteAnd just how much more do you think you should be paid????? ;-)
ReplyDelete