Do you know why Lee Scott supports an increase in the federal minimum wage? I don't, but I can guess that its for the same reason that unions want Wal-Mart to have to pay for healthcare and a living wage: to hammer and hamper competition:
I'm tempted to call this a disgusting abuse of "working families" rhetoric, but I'm even more tempted to remind people that Wal-Mart's smaller rivals really do not pay better than Wal-Mart.
Scott said Wal-Mart would support an increase in the federal minimum wage from the current $5.15 an hour. On average, the company says, it pays full-time U.S. associates $9.68, so a higher minimum wage would have a much tougher effect on Wal-Mart's smaller rivals."While it is unusual for us to take a public position on a public policy issue of this kind," he said, "we simply believe it is time for Congress to take a responsible look at the minimum wage and other legislation that may help working families."
Note also the attempt to buy support of Democratic representatives....
Posted by Kevin on October, 25 2005 at 09:53 AM