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Thread: Walmart Gives 500,000 Workers A Raise

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    Re: Walmart Gives 500,000 Workers A Raise

    Quote Originally Posted by Mycroft View Post
    This won't take anyone off government subsidies and it won't satisfy the unions.
    that govt. subsidies depends on how many hours they work..... but yeah, nothing will satisfy unions except for them getting in charge of Walmarts labor pool.

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    Re: Walmart Gives 500,000 Workers A Raise

    Quote Originally Posted by Excon View Post
    Deserve? Where do yo come up with such nonsense?
    cut him a break... he's coming from an ideological perspective, not a business perspective.

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    Re: Walmart Gives 500,000 Workers A Raise

    Quote Originally Posted by TheDemSocialist View Post
    My views on morality, my political opinions, and belief in a strong livable wage
    So in other words it was just a statement stemming from a fanciful imagination.


    Quote Originally Posted by Thrilla View Post
    cut him a break... he's coming from an ideological perspective, not a business perspective.
    That ideology needs to be exposed as well.
    “The law is reason, free from passion.”
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    Re: Walmart Gives 500,000 Workers A Raise

    Quote Originally Posted by Excon View Post
    So in other words it was just a statement stemming from a fanciful imagination.
    \.
    Nope its from: "My views on morality, my political opinions, and belief in a strong livable wage"


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    Re: Walmart Gives 500,000 Workers A Raise

    Quote Originally Posted by TheDemSocialist View Post
    Nope its from: "My views on morality, my political opinions, and belief in a strong livable wage"
    That is what I said. Just a statement stemming from a fanciful imagination.
    “The law is reason, free from passion.”
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    Re: Walmart Gives 500,000 Workers A Raise

    Quote Originally Posted by Excon View Post
    That is what I said. Just a statement stemming from a fanciful imagination.
    Asking for a higher wage than they agreed to is not unrealistic at all. I believe it should be raised to $12.50. Coming from the capitalist mindset, it will raise prices by a little over 1% but it would also cause an economic stimulus for other low wage workers, and it would also save the good ol American taxpayer money, taking many of these workers off social welfare programs. ..

    "So why doesn’t Wal-Mart just improve its public image by raising its wages? Those same Berkeley researchers estimated that the company could boost its pay to a minimum of $12 per hour and cover the additional expense by a one-time price hike of just 1.1%, costing the average Wal-Mart shopper only an extra $12.50 per year.... Consider the consequences of raising the minimum wage to $12 per hour.... Not only would Wal-Mart and its competitors suddenly be able to do what was best for both shareholders and employees, but the same large hike in wages and disposable income would also go to tens of millions of other low-wage American workers. McDonald's MCD -0.41% might need to raise the price of its cheeseburgers by a dime and American-grown agricultural products would cost 2% more on the grocery shelves, but some $150 billion of extra income would flow each year to the sort of households that spend every dollar they earn, producing an enormous, ongoing economic stimulus program, a stimulus program funded entirely by the private sector.... And a large share of those tens of billions in additional disposable income would go toward boosting the revenues at Wal-Mart, McDonald’s, and the other corporations that employ those same workers... Corporate executives have sometimes recognized these facts over the years. In 2006, Wal-Mart CEO Lee Scott testified before Congress in favor of a large hike in the minimum wage, arguing that even then Wal-Mart shoppers were becoming too poor to shop at Wal-Mart.... The American taxpayer would also be a huge beneficiary. Each year, over $250 billion in social welfare spending goes to working-poor households via government programs such as Food Stamps, EITC checks, and Medicaid. As millions of those workers became much less poor, they would automatically lose their eligibility for anti-poverty assistance, saving taxpayers many tens of billions of dollars each year." Raising The Minimum Wage Would Be Good For Wal-Mart, And America - Forbes


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    Re: Walmart Gives 500,000 Workers A Raise

    Quote Originally Posted by TheDemSocialist View Post
    Asking for a higher wage than they agreed to is not unrealistic at all. I believe it should be raised to $12.50. Coming from the capitalist mindset, it will raise prices by a little over 1% but it would also cause an economic stimulus for other low wage workers, and it would also save the good ol American taxpayer money, taking many of these workers off social welfare programs. ..

    "So why doesn’t Wal-Mart just improve its public image by raising its wages? Those same Berkeley researchers estimated that the company could boost its pay to a minimum of $12 per hour and cover the additional expense by a one-time price hike of just 1.1%, costing the average Wal-Mart shopper only an extra $12.50 per year.... Consider the consequences of raising the minimum wage to $12 per hour.... Not only would Wal-Mart and its competitors suddenly be able to do what was best for both shareholders and employees, but the same large hike in wages and disposable income would also go to tens of millions of other low-wage American workers. McDonald's MCD -0.41% might need to raise the price of its cheeseburgers by a dime and American-grown agricultural products would cost 2% more on the grocery shelves, but some $150 billion of extra income would flow each year to the sort of households that spend every dollar they earn, producing an enormous, ongoing economic stimulus program, a stimulus program funded entirely by the private sector.... And a large share of those tens of billions in additional disposable income would go toward boosting the revenues at Wal-Mart, McDonald’s, and the other corporations that employ those same workers... Corporate executives have sometimes recognized these facts over the years. In 2006, Wal-Mart CEO Lee Scott testified before Congress in favor of a large hike in the minimum wage, arguing that even then Wal-Mart shoppers were becoming too poor to shop at Wal-Mart.... The American taxpayer would also be a huge beneficiary. Each year, over $250 billion in social welfare spending goes to working-poor households via government programs such as Food Stamps, EITC checks, and Medicaid. As millions of those workers became much less poor, they would automatically lose their eligibility for anti-poverty assistance, saving taxpayers many tens of billions of dollars each year." Raising The Minimum Wage Would Be Good For Wal-Mart, And America - Forbes


    Berkeley?
    iLOL
    Dismissed.
    “The law is reason, free from passion.”
    Aristotle
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    Re: Walmart Gives 500,000 Workers A Raise

    Quote Originally Posted by Excon View Post


    Berkeley?
    iLOL
    Dismissed.
    Hmmm so it was first, "fanciful imagination". Now shown with information its, "meh dismiss the study". Even tho, hey Walmarts CEO even testified for a large hike in the minimum wage... But hey, its a lot easier to dismiss everything than actually respond with a substantial response.


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    Re: Walmart Gives 500,000 Workers A Raise

    Quote Originally Posted by Dittohead not! View Post
    That should save some tax money as fewer employees will be eligible for government subsidies.

    I wonder how many of them work enough hours to be eligible for employer paid health insurance?
    That's the whole idea: get the American economy to fix the American economy. Works every time. The fewer that have go on the dole because they can afford not to is the fix we're looking for. Mcdonald's will be the next to wake up.
    “The people do no want virtue; but they are the dupes of pretended patriots” : Elbridge Gerry of Mass; Constitutional Convention 1787

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    Re: Walmart Gives 500,000 Workers A Raise

    Quote Originally Posted by Excon View Post


    Berkeley?
    iLOL
    Dismissed.
    No; fact. walmart has raised the wages in concert with that very idea.
    “The people do no want virtue; but they are the dupes of pretended patriots” : Elbridge Gerry of Mass; Constitutional Convention 1787

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