I love the NSA. It's like having a secret fan-base you will never see, but they're there, watching everything you write and it makes me feel all warm and fuzzy inside knowing that I may be some person's only form of unconstitutional entertainment one night.
Don't know if anyone else has noted this, but...
“While the bill would apply to some other retailers — such as Home Depot, Costco and Macy’s — a grandfather period and an exception for those with unionized workforces made it clear that the bill targets Wal-Mart, which has said it would open six stores, employing up to 1,800 people.”
Wal-Mart says it will pull out of D.C. plans should city mandate ‘living wage’ - The Washington Post
It would appear this “living wage” was simply an attempt by the local D.C. government to target the politically incorrect WalMart…alone.
WalMart should simply leave D.C. altogether until those idiots can figure out how a successful economy works.
"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
The global discount shopping behemoth came close to matching analysts' estimates with earnings per share of $1.14, a 4.6% increase over last year's first quarter.
A consensus estimate by Thomson Reuters predicted EPS of $1.15 per share.
Wal-Mart fell $1.36 to close at $78.50.
No, people have a choice of whether or not they want to shop there and they have a choice of whether or not to work there.
Wall-Mart offers people jobs and in Obama's economy thats not something to shake a stick at.
People apply there because they've made choices that limit their ability to find employment in other companies and/or fields.
Its a concept most Libs don't understand, that we're the sum total of our choices good or bad.
Higher rate wages for minimum wage employees would cause the price of goods or services to go up. Some of those services or products would no longer be required as more people would then have to be more selective how they spent their disposable income. When that happens fewer goods and services will be purchased, fewer people will be hired, and some businesses will fold.
Raising the Minimum Wage Will Not Reduce PovertyWhether measured by the poverty rate or by the earnings of low-income families, the minimum wage does not help the poor.
Higher Minimum Wages Cost jobs and Working Hours
A major reason why the minimum wage is such an ineffective anti-poverty tool is that minimum-wage hikes cause businesses to reduce the number of workers they hire and the hours they ask their employees to work. According to Neumark et al., for example:
Workers who initially earn near the minimum wage experience wage gains. But their hours and employment decline, and the combined effect of these changes on earned income suggests net adverse consequences for low-wage workers.
Most estimates suggest that each 10 percent increase in the minimum wage reduces employment in affected groups of workers by roughly 2 percent. Thus, raising the minimum wage to $7.25 an hour would cost at least 8 percent of affected workers their jobs. A higher minimum wage helps only those workers who actually wind up earning that wage and further disadvantages lower-income workers, who suffer fewer job opportunities and working hours. Though intended to help low-income families get ahead, the minimum wage instead costs some their jobs and others hours at work. This leaves poor families actually worse off.
Raising minimum wage won't lower poverty - CNN.comThis news was followed by a predictable response from advocacy groups like the National Employment Law Project which suggested that an increase in the minimum wage could help lift Americans out of poverty. And not only that; in a CNN.com op-ed, a policy analyst with the group said that an increase in the minimum wage could boost the economy and create 160,000 jobs.
These claims may pass muster as applause lines at a political rally, but they can't pass the test of rigorous empirical research.
Why don't these "poor people" invest? if walmart is excessively profiting off of exploitation then why not jump on the bandwagon and get rich with them? surely in a matter of years one could be a millionaire the way people speak of walmart and their "excessive profits"...
To her Wall Street owners: Hillary Clinton: “But if everybody's watching, you know, all of the back room discussions and the deals, you know, then people get a little nervous, to say the least. so, you need both a public and a private position.” - Hillary Clinton: "I'm kind of far removed from the struggles of the Middle Class"