Wringing clothing takes the same amount of time for each level of saturation.
This is unrealistic, at the highest levels it should take the least time, maybe a second at most, at the lowest it should take longer and damage clothing slightly.
Currently shoes cannot be wrung out, this is not entirely realistic either. You can press the water out of most athletic shoes to the point where they are not soaked, and more just wet or damp. This will wear them if you do it often enough, but as long as you don't bend the soles of the shoe, it shouldn't hurt the shoe in any major way.
Certain models of military boots in the game are most likely leather based, turning them upside down should eliminate most of the saturation, leaving them only damp or wet.
Adjusting the game to reflect this reality would simplify the gameplay loop and save players countless hours of wringing clothing. (Nobody wants to do this.)