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Thread: Walmart says it will kill plans to build 3 new stores if DC wage bill passes

  1. #121
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    Re: Walmart says it will kill plans to build 3 new stores if DC wage bill passes

    Quote Originally Posted by Mr.Nick View Post
    You know the difference between revenue and profit???

    You do realize a company could make a 500 billion dollar capital investment, then generate 500 billion in revenue and that would leave them at even.....

    You see - you're not being honest.
    Could be but in the case of Walmart they profited in the hundreds of billions.

  2. #122
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    Re: Walmart says it will kill plans to build 3 new stores if DC wage bill passes

    Quote Originally Posted by captainawesome View Post
    Could be but in the case of Walmart they profited in the hundreds of billions.
    NO they didn't... That would be impossible.

    500 billion in revenue is before, overhead, utilities, merchandise, advertising, taxes, etc...

    That **** adds up real quick...

  3. #123
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    Re: Walmart says it will kill plans to build 3 new stores if DC wage bill passes

    Quote Originally Posted by Slyfox696 View Post
    My guess to the Republican/conservative reaction to this news:

    Despite the fact they constantly blast Obama for an economy with slumping take home pay and an increase of low wage jobs, Republicans/conservatives will now come out to gleefully point out how the liberal agenda is destroying the economy and taking away jobs.

    That's merely a guess...let's see how it plays out.
    Destroying jobs and the economy is exactly what the liberal / socialist agenda is doing. This Wall-Mart incident is simply proof of that.
    "Liberalism is a doctrine fostered by a delusional and illogical people and rabidly promoted by the mainstream media and ruling elite which holds forth the proposition that it is entirely possible to pick up a turd by the clean end." - unknown

  4. #124
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    Re: Walmart says it will kill plans to build 3 new stores if DC wage bill passes

    Quote Originally Posted by Mr.Nick View Post
    NO they didn't... That would be impossible.

    500 billion in revenue is before, overhead, utilities, merchandise, advertising, taxes, etc...

    That **** adds up real quick...
    Sure it does, but Walmart posted a 6% increase in revenue in 2012 and they maintain a healthy margin and profit. They got 5% to stockholders after taxes.

    So they are doing just fine.

  5. #125
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    Re: Walmart says it will kill plans to build 3 new stores if DC wage bill passes

    Quote Originally Posted by captainawesome View Post
    Could be but in the case of Walmart they profited in the hundreds of billions.
    Not to mention Walmart is a publicly shared company..

    Wal-Mart 1Q profits, revenue disappoint

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    Re: Walmart says it will kill plans to build 3 new stores if DC wage bill passes

    Quote Originally Posted by captainawesome View Post
    Sure it does, but Walmart posted a 6% increase in revenue in 2012 and they maintain a healthy margin and profit. They got 5% to stockholders after taxes.

    So they are doing just fine.
    Wal-Mart 1Q profits, revenue disappoint

    Not according to this article.

    So basically shareholders should get screwed over so some idiot can jock a register for 12.50 an hour?

  7. #127
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    Re: Walmart says it will kill plans to build 3 new stores if DC wage bill passes

    Quote Originally Posted by The Baron View Post


    Destroying jobs and the economy is exactly what the liberal / socialist agenda is doing. This Wall-Mart incident is simply proof of that.
    All hail the Sacred Job Creators. Do no harm to them.

    By the way, just because Walmart says they'd stop opening stores in that area doesn't mean they'd actually do it. The vast majority of Walmart's expenditures are inventory, not wages. Raising the minimum wage wouldn't require a substantial price increase like many claim.

    And if you're so concerned about socialists, why are you ok with taxpayers subsidizing Walmart's profits via that horrid socialism you hate so much like welfare and food stamps?
    He touched her over her bra and underpants, she says, and guided her hand to touch him over his underwear
    Quote Originally Posted by Lutherf View Post
    We’ll say what? Something like “nothing happened” ... Yeah, we might say something like that.

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    Re: Walmart says it will kill plans to build 3 new stores if DC wage bill passes

    Quote Originally Posted by Mr.Nick View Post
    Wal-Mart 1Q profits, revenue disappoint

    Not according to this article.

    So basically shareholders should get screwed over so some idiot can jock a register for 12.50 an hour?
    That article showed walmaet made out like bandits. They only had an increase of 1% lol that is good news they made even more.

  9. #129
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    Re: Walmart says it will kill plans to build 3 new stores if DC wage bill passes

    Quote Originally Posted by specklebang View Post
    Walmart is an employer of last resort and deserves a pass on this. They hire people that aren't worth $12.50 an hour anywhere and they give them a way to contribute. I'm a strong believer in a minimum wage but to insist on a "living wage" is not a logical strategy.
    Greeters are an inefficient use of resources. In essence, it is taxable charity.
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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    Re: Walmart says it will kill plans to build 3 new stores if DC wage bill passes

    Quote Originally Posted by Kushinator View Post
    Greeters are an inefficient use of resources. In essence, it is taxable charity.
    Greeters don't pay taxes. They consume taxes.

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