
“Peter Schiff had a great idea. Go into a Walmart parking lot and try to persuade shoppers to accept a 15% increase on their bills. Why? In order to pay Walmart employees $15 an hour. He tells them that he represents an organization called ’15 for 15.’ Very creative name! Then he presents his plan. There were no takers. His point: Walmart shoppers are there to pay low prices, not pay high wages. Amazing concept! Customers don’t want to pay high wages. They want to pay low prices. It’s not just Walmart’s customers. It’s all customers.”
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