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

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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 wbcoleman View Post
    Because serious economists have looked for examples of "predatory pricing", which is what I assume you are talking about. It's easy to talk about but pretty hard to find.
    Um, not hard to find at all, Japan has subsidized much of its industries for decades expressly to grab US market share. On top of that, they have trade barriers to protect their industries. Germany has done the same. You should know this.
    Quote Originally Posted by trouble13 View Post
    If you wanna know why Trumpsters are ignoring you its for the same reason you ignored the KKKs complaints about Obama.
    Quote Originally Posted by Moderate Right View Post
    When it comes down to it, all facts are cherry picked.
    Quote Originally Posted by Bodhisattva View Post
    He didn't say it didn't make sense. He said it is complete nonsense.

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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 Jack Hays View Post
    You will find no post of mine claiming that liberals can't be good at business. My point is that liberals are ethically compromised by their criticism of Wal-Mart.
    I added it for fun.

    Meanwhile, Costco is not a company that sells at a loss. They source volume packaging that does not (so thought) compete with the retail channel; it's pseudo cash-and-carry wholesale, making the products they sell at a comfortable margin a great deal for consumers. Also, they carry the margin model over to stuff typical grocery stores sell at much higher margins, namely produce and meat.

    The membership fees merely supports the image (smoke screen) of being a wholesaler, thus justifying why they buy at a lower price than Kroger's etc, from the same producers (Nabisco, etc.)

    So what you believe, based on nothing but your biased guesses, is quite wrong to an extent bordering on the wrong side of ABSURD!!!

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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 Bonzai View Post
    Are you sure you have shopped in Walmart ? I bought a pair of sweat pants there about 6 years ago that was priced at $10 (which you seem to think is a great price). They were maybe worth $2.95. I call that blatant price gouging......................
    My strong recommendation if that if you are dissatisfied with Wal*Mart's pricing, you should shop elsewhere. No one's forcing you in the store, right?
    Zionism is the National Liberation Movement of the Jewish People.

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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 Jack Hays View Post
    You seem to have conveniently omitted several posts, including the ones where I noted your citations were merely assertions rather that substantiations, and inviting you to provide same.
    Uh, no Jack, I already answered that....you are forgetting.
    Quote Originally Posted by trouble13 View Post
    If you wanna know why Trumpsters are ignoring you its for the same reason you ignored the KKKs complaints about Obama.
    Quote Originally Posted by Moderate Right View Post
    When it comes down to it, all facts are cherry picked.
    Quote Originally Posted by Bodhisattva View Post
    He didn't say it didn't make sense. He said it is complete nonsense.

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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 Peter King View Post
    I said decent wages, it is up to the US government to decide what is decent wages. Singling out companies is not OK, but if this company is muscling out competitors than maybe it is fair. I do not know, but blackmail attempts at the government will not work.
    Why do politicians have a better idea of someone else's "decent wage" than the person herself?
    Zionism is the National Liberation Movement of the Jewish People.

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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 wbcoleman View Post
    Wait a minute! These retirees would be better off if denied the choice of working as Wal*Mart greeters?
    Did I say that? No, I said that if a company wants to hire retirees or who-ever to do a job it needs to pay a reasonable wage.

    And yes, it is disgraceful that retirees need to work. Retirees worked their whole life and should be able to enjoy their retirement fully.
    Former military man (and now babysitter of Donald Trump) John Kelly, is a big loud lying empty barrel!

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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 Gimmesometruth View Post
    You don't know what your point was? Am I supposed to find it for you? You can't restate it if you think it was so important?

    The point, as far as I was concerned, was that we don't all have the benefits of geography, so basing an economic argument on the idea of having an oil field in your back yard is.....how should I put this.....not rational.
    That was someone else's assertion, and I happen to agree with you. The point to which I refer is the one you are dodging.
    "It's always reassuring to find you've made the right enemies." -- William J. Donovan

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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 ttwtt78640 View Post
    Why is that "fair" wage now being made dependent upon the size of the "new" employer/job site?
    That is your governments decision. Fair wage is fair wage, it should be a minimum wage that goes for all above a certain age.
    Former military man (and now babysitter of Donald Trump) John Kelly, is a big loud lying empty barrel!

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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 wbcoleman View Post
    State of Washington, home of Costco. (And Amazon and Microsoft!)
    Thanks. Excellent data point.
    "It's always reassuring to find you've made the right enemies." -- William J. Donovan

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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 Gimmesometruth View Post
    Um, not hard to find at all, Japan has subsidized much of its industries for decades expressly to grab US market share. On top of that, they have trade barriers to protect their industries. Germany has done the same. You should know this.
    There is an extensive literature on the subject of predatory pricing. Twenty-five years ago I was pretty familiar with it; sadly I've moved on to other things. But if you're familiar with contemporary Japanese practices, I'd love to learn which Japanese companies have turned selling goods below cost into a successful business model.
    Zionism is the National Liberation Movement of the Jewish People.

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