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So it was important and we're going to continue to encourage them -- to their satisfaction.
It demands have been met and within that didn't -- then we will be returning back here again.
I just as we have.
-- -- -- -- I'm gonna ask you and I appreciate your concern for us vs we're we'll figure that manner when -- thanks again to these.
We on the other side of our cruisers were together -- right now how lawful.
It was a little bit of the showdown today at wal -- -- workers and and different.
Folks who were behind organizing in trying to organize the -- what's happening someplace to stay for Wal-Mart let's talk about with our panel.
Chuckle start with you -- won't -- four million workers at Wal-Mart.
I didn't seem like a whole lot of them actually walked out today.
No I think they were busy working and let's face it they aren't.
Extremely highly paid the average -- she -- about fourteen dollars an hour.
But in this economy dot -- -- job is better than no job at all which unfortunately for many people is the alternative.
There really isn't going to be of any kind of sea change in wages and working conditions at Wal-Mart until the overall.
The economy picks -- and people with those kinds of skills acquire a little more bargaining power.
I don't think the USC WR sorry the the union US CW eventually behind all these protests is the wave of the future of Wal-Mart either.
On they've been at this a long time is not the first time they've.
Try to campaign like this and never seems -- really.
Get anywhere I think they're just trying to kind of generate some publicity and your facts and we're talking about it shows that they succeeded in it's.
Vice president for corporate communications at -- David -- -- the number of protests being reported by the UF CW are grossly exaggerated we are aware of the few dozen protests that are source today.
The number of associates -- admits they're scheduled shift today is actually more than 60% less.
Then Black Friday last year and you know Wal-Mart also publicly putting -- very happy face on it saying Charles it's been their best Black Friday amber.
-- Look I think this is a lot of -- I kind of like the way that.
Manager stepped down instead that this is.
You sort unlawful.
You know that means is it -- gray area on -- right exactly the miners' strike can.
In the in the 1890s with the -- victims to come out and shoot people so I think we progress in relations between management and union.
Look I don't think this is a big deal was published in the east a lot of people turned up underlings can have any influence in the future I think it's it's it's shopping the story -- there will be my Monday.
What is it about the fact that the NLRB.
Wal-Mart had filed an emergency.
Urgent filing with -- last Friday because it was coming this Black Friday.
-- -- basically today sent us an email into the statement out saying we -- decision next week.
Think President Obama ZoneAlarm Felix to take its time especially when the repeal for -- -- decision comes from.
The employers' side but what does strike me as and this is you have to huge employer at a Wal-Mart and its largest private sector in parts of the country -- point Taylor yeah one of the largest private sector -- -- if we -- employees not unionized at all and if you said this thirty years ago looking in America.
Not not you know -- on the real prospect of being unionized -- would say about it and keeping it knows most turn -- 400 people wondered who locations to complain I mean it's really.
Shows how much private sector unionization for better or worse has declined I mean what 35% 40%.
American private sector workers are unionized I think thirty or forty years ago and now it's what 7% I think that's something like that.
So -- I don't think that's.
I'm -- for better or worse I think it's mostly for better but it Wal-Mart is the wave of the future and -- -- Wal-Mart workers -- an off.
And it's a reflection of what's happened in the private sector unions and a global economy.
If you know that -- unions were able to flourish at a time when the economy was in a global.
But today the only unions that are developing and growing.
The public sector unions because the government to monopoly.
So you don't have competition you can ratchet up wages and definitely.
Until a staple like Wisconsin's on the edge of bankruptcy but that's why the growth is in the public's ideas which I think.
This year for the first time.
Eclipsed the privates sector unions in size but in the private sector of the Union Station as we saw -- -- in the auto industry.
It -- -- it to bankruptcy funeral world economy where you're getting wage is way out of line with the product.
Well and -- Black Friday a lot of the retailers found encouraged second ended the -- indexes were up one of the best weeks of -- year.
A lot of retailers say their stores are busier than ever before so may be some consumer confidence and and -- little bit of economic bounce back this holiday season.
It seems like there's been a little with a gradual -- particularly in the housing market -- -- -- -- -- numbers -- The average household.
Leverage you know they're pretty indebtedness of the household sector -- US economy is.
Almost back to the normal levels.
Prior to the bubble which means that households are a little bit freer.
To spend -- and where they're not all the way back on and so I think you know be interesting to see this holiday season how we do fair.
Obviously the economy 70% consumer spending lot of jobs -- How much -- do you think that the reelection of then current administration in and they're promises to continue to build on what they view is their success so far.
Builds consumer confidence when people think OK we know who we have for the next four years there's -- little bit of confidence in knowing what we -- Well that might there might be that the US economy is just -- pretty strong -- entity and it can survive.
Quite a number of regulations and some tax increases to.
That is probably true if you actually get a deal if you can whatever happens this church or they actually got to deal next year that reassured people that we're dealing with -- last.
-- the big entitlement problem and the tax hikes were going to be so great.
crippled the economy and if people believe the regulatory approach of the Obama administration a second -- -- too great there's a lot of pent up demand -- -- this remains an economy in my view.
Ready to take off and it's really a question of how much -- -- that the Obama administration.
Is -- burden that economy and make it hard to take off I think.
Howard looks like on each of covering the skunk at the preakness and he got it seems to me every year arms at the end of today we hear anecdotal reports.
About -- stuff is flying off the shelves of the consumers are out there.
And when it's all over you get the revised numbers it is either down or flat so -- that dismal note I wish everybody happy.
You are favorites skunk -- -- -- -- -- gosh thank you panel.
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