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Thread: Walmart Gives 500,000 Workers A Raise

  1. #251
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    Re: Walmart Gives 500,000 Workers A Raise

    Quote Originally Posted by Dittohead not! View Post
    The issue of wages is not a simple thing, very complex in fact.
    On the one hand, there are some people who aren't worth even $7.50 an hour. Anyone who has worked in an entry level job, or supervised people who do, will agree with that one.
    On the other hand, if people don't have money, then business doesn't have a market.
    And automation has eliminated a whole lot of jobs that people used to do, which affects supply and demand for labor.
    Of course, there's SS disability, which some seem to consider a career, along with a variety of other government handouts that in aggregate cost us around a trillion a year.
    But, even people who are not worth minimum wage need to have something worthwhile to do. Idleness, the old saying goes, is the Devil's workshop. Whether or not you believe in the Devil, it's pretty obvious that people with nothing to do tend to get in trouble and/or engage in self destructive behaviors.
    But, eliminate that trillion in means tested welfare, eliminate the minimum wage, and we have a limited market for people who do produce.
    And business, whether it is a large retailer like WalMart, or the local deli, are in business to make money. The bottom line is profit, and not social welfare. If they don't make money, they're soon out of business.
    So, now: Is there a simple solution to this rather complex issue?
    Sure...I have a simple solution.

    If the government wants to pay those people to live, then require them work for their pay. Now, I don't mean "look for a job", I mean put in 8 hours of labor for the money they get from the government. If they don't want to do that then they get nothing.

    It all goes back to personal responsibility.
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  2. #252
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    Re: Walmart Gives 500,000 Workers A Raise

    Quote Originally Posted by Mycroft View Post
    Sure...I have a simple solution.

    If the government wants to pay those people to live, then require them work for their pay. Now, I don't mean "look for a job", I mean put in 8 hours of labor for the money they get from the government. If they don't want to do that then they get nothing.

    It all goes back to personal responsibility.
    which sounds a lot like what I said a couple of posts back: Make the government the employer of last resort. Anyone who can't find a job in the private sector can go to work cleaning up the highways, clearing brush, whatever, and at least have the dignity of working for a living instead of depending on the dole. In the process, that person just might learn enough of a work ethic to become employable at a higher wage. That way, the only people who would need free assistance would be people who are totally unable to work.
    "Donald Trump is a phony, a fraud... [he's] playing the American public for suckers." Mitt Romney

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    Re: Walmart Gives 500,000 Workers A Raise

    Quote Originally Posted by Mycroft View Post
    Sure...I have a simple solution.

    If the government wants to pay those people to live, then require them work for their pay. Now, I don't mean "look for a job", I mean put in 8 hours of labor for the money they get from the government. If they don't want to do that then they get nothing.

    It all goes back to personal responsibility.
    Quote Originally Posted by Dittohead not! View Post
    which sounds a lot like what I said a couple of posts back: Make the government the employer of last resort. Anyone who can't find a job in the private sector can go to work cleaning up the highways, clearing brush, whatever, and at least have the dignity of working for a living instead of depending on the dole. In the process, that person just might learn enough of a work ethic to become employable at a higher wage. That way, the only people who would need free assistance would be people who are totally unable to work.
    Public sector labor unions would militarize against the US government before they would allow something like this to happen, and they have government by the balls. Public sector union workers already have jobs working for the government for 8 hours a day, and they do not want competitors from outside the union encroaching on the labor over which they have monopoly. Their goal is to restrict the supply of public labor so that they can jack up its price. What you're proposing would explode the supply of labor in the public sector and drag down its price.

  4. #254
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    Re: Walmart Gives 500,000 Workers A Raise

    Quote Originally Posted by Neomalthusian View Post
    Public sector labor unions would militarize against the US government before they would allow something like this to happen, and they have government by the balls. Public sector union workers already have jobs working for the government for 8 hours a day, and they do not want competitors from outside the union encroaching on the labor over which they have monopoly. Their goal is to restrict the supply of public labor so that they can jack up its price. What you're proposing would explode the supply of labor in the public sector and drag down its price.
    not even close
    the federal work force has its pay and benefits established by congress
    added workers will not change that
    additionally, the civil servants are doing jobs the government needs done, whereas these low skill employees made to work for their basic living wage would be performing low wage activities
    it would be the contracting community, those who now receive federal monies to do the custodial and other menial tasks required, that would lose by the influx of low skilled workers into federal employment
    however, even they could benefit, by being contracted to manage this new hoard of conscripts
    i doubt the low skilled employees would be made members of the civil service, because they would not have to qualify for their jobs. they would likely be more like draftees performing work and acquiring skills with tools other than arms. and at such a low level of compensation that they would leave the make-work federal jobs for higher paying ones in the private sector, if those jobs opened up to them

    while i prefer the volunteer army, when we did away with the draft we eliminated one of the best means of moving the underclass into the middle class. more so for minority draftees. once drafted, the 'recruit' was made to acquire life and work skills. something that much of our underclass is without
    requiring work - by those who are physically/mentally/emotionally able to perform it - for basic sustenance benefits would be a huge advance for the least among us and for our nation
    we are negotiating about dividing a pizza and in the meantime israel is eating it
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    Re: Walmart Gives 500,000 Workers A Raise

    Quote Originally Posted by poweRob View Post
    If you go to the link it has a calculator of what a living wage is down to every county in the nation. Not a nationwide one.
    thank you for once again not making an argument just like every other person out there that screams living wage.

    please tell me how you pay a bag boy 20 bucks an hour? or even 15 an hour?
    what skill does he provide to earn that type of money?

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    Re: Walmart Gives 500,000 Workers A Raise

    Quote Originally Posted by imagep View Post
    Nope. Walmart and other companies will adjust their prices to whatever they feel is the profit maximizing amount. They don't seek to maintain their profit %, they seek to make as much profit as they can. If this means less profit (due to whatever reasons), then that's the best they can do, and if it means more profit then they certainly aren't going to pass on more profit.

    Companies care much more about the bottom line, than they do profit margins.

    think about it, if you owned a business, and you could chose between two different business models, one which would result in a million dollar bottom line but a very small margin, and the other resulting in a half million dollar bottom line but a huge margin, which would you chose?

    If you were an investor, and you had to make a choice between two different stocks which were priced identically per share and were otherwise equal, would you chose the stock of a company that had a large profit margin as a percentage of sales but only made $1/year/share, or the one with a lower profit margin that made $2/share/year?

    I think I wouldn't give a rats arse about margin on sales, I would go for the more profitable company in both cases.
    If you don't think walmart has a minimum % of profit on each item you are fooling yourself. anything they charge above that is better for them.
    however every item they sale they make money on otherwise they would go out of business.

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    Re: Walmart Gives 500,000 Workers A Raise

    Quote Originally Posted by ludin View Post
    If you don't think walmart has a minimum % of profit on each item you are fooling yourself. anything they charge above that is better for them.
    however every item they sale they make money on otherwise they would go out of business.
    ever hear of a loss leader?
    Loss leader - Wikipedia, the free encyclopedia
    we are negotiating about dividing a pizza and in the meantime israel is eating it
    once you're over the hill you begin to pick up speed

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    Re: Walmart Gives 500,000 Workers A Raise

    Quote Originally Posted by ludin View Post
    If you don't think walmart has a minimum % of profit on each item you are fooling yourself. anything they charge above that is better for them.
    however every item they sale they make money on otherwise they would go out of business.
    I'm sure that Walmart has loss leader items, just like every store does.

    Regardless, of that exception, of course they make money on most everything they make, and I would think that they generally would have a minimum margin. They set their prices based upon what they feel is the profit maximizing price. Some items will most certainly have a larger margin than others. If they increase prices in order to compensation for higher costs, unless the profit maximizing price has increased for some reason (like maybe many of their competitors have also increased price), then they will end up making less net profit. No business desires to make less net profit, and making less net profit would certainly not help them with higher cost of labor any.
    Quote Originally Posted by ocean515 View Post
    ...I'm not interested in debating someone who is trolling for an argument....
    Quote Originally Posted by Papa bull View Post
    I see a big problem with the idea that whatever the majority wants is OK.

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    Re: Walmart Gives 500,000 Workers A Raise

    Quote Originally Posted by justabubba View Post
    Great minds think alike.

    And apparently maybe some not so great minds.
    Quote Originally Posted by ocean515 View Post
    ...I'm not interested in debating someone who is trolling for an argument....
    Quote Originally Posted by Papa bull View Post
    I see a big problem with the idea that whatever the majority wants is OK.

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    Re: Walmart Gives 500,000 Workers A Raise

    An interesting take from Mike Rowe

    Back in 1979, I was working as an usher for United Artists at a multiplex in Baltimore. The minimum wage was $2.90, and I earned every penny.
    When I wasn’t tearing tickets in half and stopping kids from theater hopping, I was cleaning out the bathrooms, emptying the trash, and scrapping dubious substances off the theater floor with a putty knife. I wore a silly outfit and smiled unnaturally, usually for the entirety of my shift....

    After three months, I got a raise, and wound up behind the concession stand. Once it was determined I wasn’t a thief, I was promoted to cashier. Three months later, I got another raise. Eventually, they taught me how to operate a projector, which was the job I wanted in the first place.

    The films would arrive from Hollywood in giant boxes, thin and square, like the top of a card table, but heavy. I’d open each one with care, and place each spool on a separate platter. Then, I’d thread them into the giant projector, looping the leader through 22 separate gates, careful to touch only the sides. Raging Bull, Airplane, The Shining, Caddyshack, The Elephant Man – I saw them all from the shadowy comfort of the projection booth, and collected $10 an hour for my trouble. Eventually, I was offered an assistant manager position, which I declined. I wasn’t management material then, anymore than I am now. But I had a plan. I was going to be in the movies. Or, God forbid, on television.

    I thought about all this last month when I saw “Boyhood” at a theater in San Francisco. I bought the tickets from a machine that took my credit card and spit out a piece of paper with a bar code on it. I walked inside, and fed the paper into another machine, which beeped twice, welcomed me in mechanical voice, and lowered a steel bar that let me into the lobby. No usher, no cashier. I found the concession stand and bought a bushel of popcorn from another machine, and a gallon of Diet Coke that I poured myself. On the way out, I saw an actual employee, who turned out to be the manager. I asked him how much a projectionist was making these days, and he just laughed.

    “There’s no such position,” he said. I just put the film in the slot myself and press a button. Easy breezy.”....

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