Costco CEO Craig Jelinek supports raising the minimum wage.
Costco announced record profits today, averaging $10,000 in profit per employee compared to $7,400 at Walmart.
The secret to Costco’s success is paying employees well, providing benefits, and giving them an opportunity to unionize.
So large corporations’ excuses that treating & paying workers well would damage profits are all a crock of shit.
This is why I have a Costco membership and not a Sam’s Club membership.
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I feel the same way. The de-industrialization of America is killing me.
Will my sons end up with a bunch lathes, English wheels, mills and welders when I shuffle off this mortal coil? Yep. Will they have any idea how to use that ephemera? If I do my job correctly they will. It beats the hell out of leaving them my dated electronic devices.
Cool video - not sure I agree that we are doomed because of de-industrialization and today’s youth (they rock btw much smarter and wiser than I was at that age). Nevertheless, this guy is interesting.
SNL skit @ Google Glass.