how much is a living wage 10, 20, 30 40, 100 dollars an hour give a number.
you can't scream pay a living wage and when asked what it should be go "I don't know enough that people can pay their bills."
that is not an acceptable answer. It means you don't know what a living wage is and are making an appeal to emotion
because it sounds good in 5 second sound bites.
In my county, most of the workers at BMW actually are temps. Those temps make $15/hr, and get full benefits, just as if they worked directly for BMW, and obviously BMW has to pay the temp company a good bit over that $15/hr. Having temps does not save a company on wages, but it does help the company in other ways.
The real reason that companies use temps instead of direct hires is that it makes it easier for them (psychologically) to fire bad workers. One of the most stressful things for a boss is to fire people. When the worker is a temp, it becomes a lot easier because the boss doesn't actually fire them, he just tells them they they are no longer needed, or calls the temp company and tells the temp company to fire the worker.
When I heard this, I was pretty pleased because this means that ultimately, minimum wage and wages overall will go up, however Wal-Mart's plan isn't happening overnight and the info graphic they have on their website insinuate a lot of stipulations.
"We’re going to close the unproductive tax loopholes that allow some of the truly wealthy to avoid paying their fair share. In theory, some of those loopholes were understandable, but in practice they sometimes made it possible for millionaires to pay nothing, while a bus driver was paying ten percent of his salary, and that’s crazy." -Reagan
This additional expense to Walmart is only for Walmart, so unless it's competitors also raise their wages (possible), then it's competitors will have no cost-push inflationary pressure, and no reason to raise prices. If Walmart raises prices, but it's competitors don't, then Walmart will lose market share, and thus sales.
Cost only sets a floor price. Only a fool would sell at the floor price, because the floor does not allow for a profit. Walmart obviously is no fool.costs is a primary determining factor in pricing, but it's not the only factor... so I think I kinda agree with you on that point.