Friday, January 31, 2014

Why didn't China demand better wages for their workers? Not just Walmart, all companies.

China needs a minimum wage that honors their workers and provides a good and promising quality of life. The Chinese oligarchs are destroying China's economy and not growing it. They MUST provide better wages to their workers.

NEW YORK  
Fri Jan 31, 2014 8:20am EST
 
Jan 31 (Reuters) - Wal-Mart Stores Inc (click here) shaved its outlook for the fiscal fourth quarter and full year to account for special items, including those tied to its store closures in Brazil and China and its Sam's Club restructuring in the United States....

The one reason companies RAN to China for cheap labor was their profit margin. Well, it would seem as though their abuse of the Chinese people have instituted global poverty and a fall in the demand for their products.

American Local Economies are the hero to the people. Don't stop now. 

The USA MUST institute an increase in the minimum wage.