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Rain In A Rusty Bucket

It's what makes the bucket Rusty... and by the way, if you see Rusty tell her to write.

Thursday, February 24, 2005

Is This Ok?

Wal-Mart No. 1 in employee Medicaid

"State provides health insurance for workers of major companies" (Alabama is the state referred to, though this is becoming a perennial story nationwide, workers on welfare)

Well... I don't think so. And I don't actually fault Walmart. The way I see it, Walmart passes on savings to us. I have more of a complaint for, say, Nike, who when they pay $.10 to some worker in Indonedia to make a show still charge us $150 for the shoes that result. Walmart at least passes on the saving. And while 5 of the 10 richest people are Waltons, there is little doubt they do it on thin margins (by scale). So I think that Walmart is good at shaving those margins and that's a valuable skill.

That is why I blame the system that insists such people as they handle healthcare. Why should businesses have to handle healthcare. Doesn't matter the business, architecture, software engineering, selling cheap electric fans, whatever, the company is supposed to hire the expertise to manage and negotiate health insurance, and if you are a small company, you get screwed no matter how good you are at negotiating. Does that make sense?

No it leads to a system where even regular welfare becomes corporate welfare.

PS: I just love that bucktooth llama.

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