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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
    You don't have the S4 there. Either way, The Verizon S4 is $199 and the iPhone 5 is $129. That's the in store price. If you go all the way down to an iPhone 4, I think it is 0.97 cents. I think that AT&T has the S4 for for around $168. Still more than the iPhone 5.
    Correct. But it shows clearly that 33% of folks searching "smartphone" bought either an iPhone 4 for $549 or an iPhone 5 for $649. So you're either misinformed or lying about the price of an iPhone 5 at Walmart.

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

    please dont kill it greedy monster
    "Sovereignty is not given, it is taken." ATATÜRK

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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 Medusa View Post
    r
    Excellent sig line.
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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
    Excellent sig line.
    ironic
    "Sovereignty is not given, it is taken." ATATÜRK

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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
    iPhone 5 is $199 (16 GB) and $399 (32 GB) with a 2-year contract. Add $450 for no contract. So whether you or your service provider eats the $450, they're $650 and $850, in essence.

    Galaxy S4, at the high end, if not the highest of "Android-based" smartphones, is $100 to $200 less than an iPhone 5, in most retail outlets, while you can get the Galaxy S III for $200 just about anywhere, no contract.

    If supply & demand drove prices, they'd be a dire shortage of iPhone 5s and Galaxy S4s, while Galaxy S IIIs would be in gross over-supply. But then, S&D is laughable when pricing most of the products we buy. They're priced more based on brand and channel strategies. Supply is whatever it needs to be. And demand is driven by my ilk: marketing departments.
    This makes no sense. Demand at every price point will, over time, equal the supply at that price point.

    For the moment I shall assume that you are so brilliant compared to us mere mortals that we just cannot fathom your statements.

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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
    Correct. But it shows clearly that 33% of folks searching "smartphone" bought either an iPhone 4 for $549 or an iPhone 5 for $649. So you're either misinformed or lying about the price of an iPhone 5 at Walmart.
    Oh, damn! You've caught me. I even had WalMart put those phones on display at those prices to cover it up.
    You do know the difference between the contract price and the full price, don't you? And, how would I be lying if those people bought an iPhone 4 or 5? And that covers your mistake on the price of the Samsung S4 in what way?
    I think you should have used the iPods as an example, since they usually sell for more than competitor's equivalents. Of course, you still would have to correct the rest of your post, but it would have been one less thing wrong.
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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 Misterveritis View Post
    This makes no sense. Demand at every price point will, over time, equal the supply at that price point.

    For the moment I shall assume that you are so brilliant compared to us mere mortals that we just cannot fathom your statements.
    Pure supply-side (Field of Dreams) nonsense. Making a product does not create demand for it, resulting in a customer with money materializing out of thin air.

    The market is what it is, and businesses vie for a share of it; they do not grow it in any way other than paying their workers more. In short, every business depends on one of two things, or often both: what other companies pay their workers; what government buys.

    If businesses could create markets simply by opening a business, they'd flock to virgin wealth-creating nirvanas like Sierra Leone. But they of course do not create wealth, and only expand into markets with customer-prospects who have money to spend that they hope to get a piece of before some other company does.

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

    I'm guessing that, in the liberal bizzaro mind, other ways to grow the economy are unemployment payments, welfare, Santa Clause, and the Tooth Fairy. Oh, brother. That's why we've had 4+ years of malaise.
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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'm guessing that, in the liberal bizzaro mind, other ways to grow the economy are unemployment payments, welfare, Santa Clause, and the Tooth Fairy. Oh, brother. That's why we've had 4+ years of malaise.
    Yes.

    UE payments: put money in people's hands which they spend into the economy, which is a form of redistribution aiding the vital redistributive effect.

    Welfare: ditto

    Santa Clause: way more economically vital than the Pagan come Christian take on it. The retail sector depends on it like nothing else.

    Tooth fairy: could be, if the child spends the money instead of the parent hoarding it; if merely one spending it vice the other, then economically, it's moot. Zero sum gain.

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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
    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.

    Why bother asking a question if you answer yourself? Seems a little unbalanced to me. The answer is no.

    When 3.6 million people are going after 100k jobs, no one has the luxury of "deciding" to take a job or not. If your delusion were actual, you wouldn't have tens of thousands of former middle management and skilled workers taking part-time, low wage jobs.

    The contractor has a pool of potential customers to choose from... Job seekers do not have a pool of job offers to choose from. So the profit only motivated companies have every incentive to force labor wages down.

    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.
    Christ... political memory in this country is only as long as the convenience of the argument. The minimum wage has been raised many times over the years, and each time, this tired old fear inducing argument is trotted out. The rise in minimum wage has never been a significant factor in unemployment. Either you are ignorant and don't know this, or you assume others are and won't call you on it. The jobs being "proposed" were never there to be lost or eliminated. Yet tens of thousands will gain the ability to earn enough to save so that they can create opportunities for themselves and their children, contribute more to the consumer economy, and save, "conserve" for their future and retirement.

    Also, I will bet you a Walmart greeters annual wages that Walmart builds the stores anyway if not immediately, then within five years.

    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.
    I don't call raising the ability for thousands to go from assistance and subsistence towards middle class a foolish decision.

    If you're inferring I'm on the left... your talking-head worship has clouded your judgement. I'm a traditional conservative... not this talking point, new fangled BS that passes for conservatism today. The root of conservative is... CONSERVE... to protect the future with values based in morals learned in the past.

    Your response is typical of everything that's wrong with today's fraudulent conservatism. They go on and on about how this country was founded on christian principles, and that they are the custodians and champions of those principles. They harp on and on about how human life is the most precious of all things. Does that end with birth? Life... is time. This is NOT a commodity. It is the most valuable (though arguably the most wasted) thing each of us has, regardless of status or social standing.. it's sacred in a sense.

    The moral and ethical conservatism that was handed down to me from g.grandfather, g.father and father is that there is a moral sense of pride in paying your employees well, not the least you can get away with under the law... in providing for their retirement, healthcare and families. These ethics produce strong companies and diehard loyal employees.

    There is a deep contradiction between modern conservative rhetoric and it's claimed christian morals and ethics. Treating employees a little more than beasts of burden is anathema to values such as strengthening family, creating upward mobility and being a good citizen of the community.

    One of the tyrannies we sought to escape in the 800 path to the establishment of rights is freedom from serfdom.

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