The union-funded Economic Policy Institute has a simple solution to win higher wages for Wal-Mart employees. All the corporate giant has to do is cut its profit margin from 3.6% to 2.9%!
This could catch on. Now if unions would only cut their dues 50% it would mean hundreds of extra dollars in the paychecks of wage-earners -- dollars that would otherwise go to funding the Economic Policy Institute's pointless studies.
Meanwhile, we wait patiently for the national union campaign to boycott non-union Target Stores (4.7% profit margin). "A survey by the UFCW found that starting wages are similar in Targets and Wal-Marts -- possibly higher overall at Wal-Marts – and that Target benefits packages are often harder to qualify for and less comprehensive," reported CorpWatch last April.
So why not target Target? Maybe it's because Target gave only $181,000 to Republicans while Wal-Mart gave $1,355,000 (source: BuyBlue.org).
The second paragraph is, of course, my favorite.
I wonder--how effective is BuyBlue, anyway?