Comments on: Vietnamese Shoemakers Walk Out On Nike

More Than 20,000 Strike Demanding Higher Pay From Sports Apparel Giant

[mgpm-2009]

GOOD. Hope they get the raise they deserve. Nike is one of those crappy companies.

[theantirick]

59 bucks a month !!!!!!!!! amazing
give them a 5 dollar a month raise so they can start investing their huge profits in stock market..L.O..L...
I cant even begin to think of the amount of profit nike makes on each pair of shoes they sell...

[bookwerm314]

All the "magic savings" Business has made by exporting manufacturing around the world (mostly China of course) WILL come back and bite them in the rear.. why? Well, the US dollar is worth half as much (which means the "cheap labor" cost doubled), AND their is huge cost growths IN china for labor, along with other places.. so for all they did, they just postponed price rise, didn''t remove it.. AND they have destroyed the US economy so fewer folks ahve MONEY to buy their stuff! Duh.

[fstop100]

What does the CEO of Nike make a year, including bonuses and options?

[rushlimpdrug]

This is great news!
Boeing will now be able to have a cheap labor force for outsourcing its labor.
Too bad these kids aren''t a little older and smarter so they could work for the airlines or at meat packing plants.
The possibilities are endless!
Just think what they''d do for $65.00/mo. and some twinkies!

[gkc99]

Certainly wouldn''t want to cut into Phil Knight''s billions!

But where can they outsource to from Vietnam? Chad?

The race to the bottom.

Boycott Nike.

[mjvw2]

''''Bout time those kids stood up for their rights!


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Posted by dragonwagon5

they used to have the right to work. now they will be replaced by ones who want to work. the way of the world

[yongamerica]

I''m glad to see the workers stand up for better pay. Considering the $58 per month salary these workers are making and how inflated Nike shoe prices are compared to these wages, It seems that the upper management can together afford to loose a million dollars in bonuses to meet the rising economies of third world countries or bring their manufacturing back to the US.

[flreason]

cbsblogger
wow, really?

"We might have a downfalll, but it''''s not from favoring the rich. It will be from being such pushovers and giving in to every crying baby that asks for something to be handed to him rather than work for it."
Posted by smiley676

There are a lot of factors that are involved in the implosion of the economy, but unbridled greed is certainly a contributor. Many of the people you''re stereotyping as crybabies work hard. Welfare queens no longer exist, if they ever did.

When employers lose sight of the fact that in a capitalist society one hand has to wash the other--that exploitation and maintaining a permanent underclass so that you will have low wage workers who will help support higher wages for management cannot be maintained indefinitely without a backlash--they invite economic disintegration. The more inclusive an economy is, the more successful it is. Forgetting that can have dire consequences. Relearning the lesson can be equally painful. Taxes are necessary to maintain the infrastructure of a civil society. If you want to cut government spending, reduce the salaries of bureaucrats. Then you will attract people who are dedicated, not people looking to get rich at the taxpayers'' expense. Institute a fair, flat tax rate for individuals and businesses. These are common sense solutions. All we need are public servants ethical enough to enact them. We had them in 1776, and I think they do still exist.

[cbsblogger]

You can see a loss in quality of products (that were formerly Made in USA) whether it be shoes, clothing, tools, furniture, etc.

The price of products has been contained but the quality has been significantly reduced. Americans in general can''t afford the quality of product that is made in the USA because so many US jobs that provided value-added were replaced by menial service jobs that provide little value added.