You're watching...

Wal-Mart Gives Up on New York Due to Unions?

Details

  • Description

    Former Bush 41 Economic Policy Director Todd Buchholz and FBN’s Charles Payne on how unions have driven Wal-Mart to give up on New York City.

  • Duration 5:33
  • Date

Clips

Also in this playlist...

Latest Video

Auto-advance: ON

Auto-advance

Transcript

This transcript is automatically generated

Just screw them.

To the Wal-Mart.

Charles Thain a former bush senior -- -- called on how Wal-Mart giving up.

Tells you all you need to know about unions who would sooner or protect their own sorry about -- than -- helping average folks who continuing now will continue.

For years to come to pay through the notes Charles -- And as the sows -- that you know tensions into because unions -- fight so hard with all these companies to get maximum pay.

But in -- city with almost 9% unemployment.

There's so many people who just cannot afford to live New York City.

Manhattan is number one Brooklyn -- number two Quinn -- Bible and highest cost of living in this country in fact this said that if you make 60000 in New York.

Is equivalent of -- 26000.

Anywhere else.

How could she do this how to to fight this and how could these politicians with these park avenue of his beneath butler's and he's in his anything -- -- Not think about the consequences of this it's amazing it really is amazing time.

It's -- sad for consumers you know -- This is a -- love this is a leather glove I was talking my grandfathers some years ago.

And I asked him what was it like during the depression before and after the Great Depression here in New York City.

He should before the Great Depression he said we were very wealthy family he said quote I could afford to give my kids leather gloves magic.

It during the Great Depression or before a leather glove was a real sign of luxury now because of Wal-Mart.

Because Wal-Mart has driven down the cost of nearly everything.

Nearly everyone in America can afford leather gloves a -- a new winter coat -- we were kids.

Us a family would have to save up to buy their school child a -- to last the winter season.

Now the Wal-Mart revolution has driven down prices.

And made it affordable for Americans and the fact that unions can appreciate that just demonstrates exactly where their hearts are.

You know it's gonna -- -- about it was done ostensibly an idea that don't look warmer comes in a lot of small mom and pop shops lead.

But the city has had no problem bringing into Costco where presumably the same thing might happen on the unit what's the difference.

-- and at Costco is largely unionized operations so that's okay.

There but not okay in the case -- Yeah I mean that's so a disingenuous argument what's what's we've been found as were wal -- -- come up.

Actually Smart mom -- operations have done extraordinarily well.

Hey you don't -- -- wait on the line say you want personal service -- -- -- -- someone knows your name there's a lot of advantages so.

In our net debt Barrymore and -- created more -- -- -- after I remember the first summer want to Wal-Mart or visit my mother and Alabama.

First of all the lines for the job were amazing it was it got -- mill was it got since then you're right.

Up flat screen TV spin and all of these things that they have democratize the real wages have gone down.

I keep trying to -- -- persuade my mom to be greeter at Wal-Mart you don't take me -- so we're still holding the rate there at the rate we're going you will that.

FEMA did not hold enough for the Fries and -- that there -- the -- is number two.

Look the Federal Reserve board of Minneapolis -- done a study of wal -- impacts on communities.

Those counties that have communities.

Grow more strongly and create more jobs than those counties that lack Wal-Mart so we'll see what happens to New York without Wal-Mart.

It is -- that in some of the most expensive cities in the country.

You know Wal-Mart can't get any -- it just is not allowed in.

Even though for those beleaguered residents it would be like a breath of fresh air it would be it would be -- -- so they're not gonna get the cheaper drugs are not gonna get.

Cheaper anything they're still gonna be paying through the -- this place around according Europe have been -- its name -- But -- they charge like 400 dollars for gallon of milk.

-- and on this bill cannot really it's 300 but.

That's a New York it's -- get used to and I think that people outside of when they come in his city -- this is.

This is stupid.

But you're gonna have to wrap this up it's not just the -- it's not just the unions you've got to wrap it up into the whole.

Occupy Movement -- the unions it's a hyper environmentalists and it's those who dislike the idea.

-- buying and selling and earning a profit and making an income it's a whole occupy condemn capitalism movement.

And Wal-Mart -- I just challenge -- decided Wal-Mart gritty unionized tomorrow this problem go away Wal-Mart would be and every Borough of Manhattan.

It would be next sort -- -- right now -- but but I just find that I had.

That it's not and some of its bigger -- -- store brother and that are unionized are here in doing quite nice.

How come no one -- Wal-Mart for insured giving health care.

Yeah over a million employees I thought healthcare was the number one priority of this country apparently.

It well it depends who's benefiting and -- not -- you're absolutely right.

But we do know one thing who's not benefiting.

And that -- just regular ordinary people on these large cities that.

Have these -- latest on one hand who you know.

Have this vision that to touch point all of these cities have the same thing the common extraordinarily high unemployment -- in this crime violence and lots of welfare food -- -- it's -- same model.

I mean maybe they'll be an -- or one then people put the bottom will realize these aren't your brand they're not helping you the -- you.

The best -- was the policies that we're doing this for your own good.

You know any -- followers say that I'd be game over on -- only game over guys thank you both very very much have a lot more coming up talk went up for you --