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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 Anthony60 View Post
    I guess when you get quotes to have work done on your house (or anything) or even just go shopping (maybe at WalMart), you tell them it's not enough and you will be paying a higher amount. Is that true?
    Those people/businesses set their prices, you agree.. or go somewhere else...

    So... following your skewed logic, each laborer should set their wage? or turn down an elected representatives offer to assist in setting that wage?

    If Walmart doesn't like it, let them go somewhere else.

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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 Anthony60 View Post
    I guess when you get quotes to have work done on your house (or anything) or even just go shopping (maybe at WalMart), you tell them it's not enough and you will be paying a higher amount. Is that true?
    Sure, if there was just a cost-side calculation and we did, as you're doing, ignore the demand side:

    1. What additional percentage rise in per-store sales are needed if Walmart were to pay all its employees $12/hr or more? (Less than 15%)

    2. What percentage of our workforce would have more to spend, if $12 / hr was the minimum? (Nearly Half)

    3. Would demand therefore eclipse the higher payroll cost? (Yes; as it has every time the prevailing wage or minimum wage increases by a significant margin ... in excess of inflation, raising unit demand.)

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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 Anthony60 View Post
    I guess when you get quotes to have work done on your house (or anything) or even just go shopping (maybe at WalMart), you tell them it's not enough and you will be paying a higher amount. Is that true?
    I never received a quote for work on the house that was close to minimum wage. Maybe I could get one from an immigrant day worker, but I wouldn't pay that little. I don't shop at Walmart and avoid buying goods made in China.

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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 Anthony60 View Post
    If you're lost at this point, there's no reason to bother.
    So, you can't explain it. Thanks

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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 Hard Truth View Post
    Adhering to rules to benefit one group by harming outsiders is not ethical.
    The rules are the rules. Wal-Mart observes them.
    "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 rabbitcaebannog View Post
    So, you can't explain it. Thanks
    To you.
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    "I don't want a piece of you... I want the whole thing!" -- Bob Barker

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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 Grand Mal View Post
    Ah, yes, it's the fault of the socialists that the US and other western nations have been blindsided by cheap, inferior products from Asia.
    Take a look around you. Your economy, your whole society, is being undercut and it's ultra-conservatives in powerful positions who are letting- no, making, it happen.
    Businesses are being driven out of the United States by the socialists in both parties. We have about 500 independent agencies who combine legislative, executive, and judicial powers in one agency. That alone is cause for rebellion. They were created by the socialists in both parties.

    Who, in this federal government, is an ultra-conservative? Conservatives believe that governments must be constrained by written constitutions. Is an ultra-conservative someone who really, really believes it?

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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 Hard Truth View Post
    I never received a quote for work on the house that was close to minimum wage. Maybe I could get one from an immigrant day worker, but I wouldn't pay that little. I don't shop at Walmart and avoid buying goods made in China.
    The point is that you, and most of the left, expect WalMart to over pay for labor, while you want to best price on anything you buy.
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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 Sisyphus View Post
    Sure, if there was just a cost-side calculation and we did, as you're doing, ignore the demand side:

    1. What additional percentage rise in per-store sales are needed if Walmart were to pay all its employees $12/hr or more? (Less than 15%)

    2. What percentage of our workforce would have more to spend, if $12 / hr was the minimum? (Nearly Half)

    3. Would demand therefore eclipse the higher payroll cost? (Yes; as it has every time the prevailing wage or minimum wage increases by a significant margin ... in excess of inflation, raising unit demand.)
    So, you feel that minimum wage can just be raised artificially by about 20%, and everyone is better off? Just to point out one basic effect, you raise the price of something, and the demand will go down. But, if I am reading this correctly, you feel increasing the cost will also increase the demand. Obviously, that is not true.
    "We have met the enemy and they are ours..." -- Oliver Hazard Perry
    "I don't want a piece of you... I want the whole thing!" -- Bob Barker

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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 Occam's Razor View Post
    Those people/businesses set their prices, you agree.. or go somewhere else...

    So... following your skewed logic, each laborer should set their wage? or turn down an elected representatives offer to assist in setting that wage?

    If Walmart doesn't like it, let them go somewhere else.
    Doesn't a "laborer" set their wage, in effect, when they decide to accept a job at a certain rate or not? Of course they do.
    I'm not sure what you are getting at with the assistance from some politician. The left always seems to forget the consequences of their actions. That "assistance" will also eliminate jobs for others. Not such great assistance after all.

    As you can see at the start of the thread, WalMart has gone elsewhere, as they respond to foolish political decisions that influence the market.
    "We have met the enemy and they are ours..." -- Oliver Hazard Perry
    "I don't want a piece of you... I want the whole thing!" -- Bob Barker

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