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Thread: Walmart Gives 500,000 Workers A Raise

  1. #71
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    Re: Walmart Gives 500,000 Workers A Raise

    Quote Originally Posted by ludin View Post
    please answer the question what's a livable wage. 10 20 30 50 dollars an hour please actually define living wage.
    That depends on the price of stuff.

    Sometimes I think that maybe we should get away from valuing stuff in dollars, and start valuing it in work hours. Obviously, the phrase "living wage" is going to be somewhat subjective, and may vary depending on location, and exactly how well we expect someone to be able to live. Someone who's compensation package includes great insurance totally paid for by the employer obviously doesn't need as high of a per hour salary.
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    ...I'm not interested in debating someone who is trolling for an argument....
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    I see a big problem with the idea that whatever the majority wants is OK.

  2. #72
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    Re: Walmart Gives 500,000 Workers A Raise

    Quote Originally Posted by jmotivator View Post
    I hope the Walmart employees who will be laid off can find some solace in their sacrifice.
    I must have missed the layoffs in the article. Can you show me exactly where it said that Walmart was going to have to lay off employees in order to offer a slightly better wage?
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    I see a big problem with the idea that whatever the majority wants is OK.

  3. #73
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    Re: Walmart Gives 500,000 Workers A Raise

    Quote Originally Posted by jmotivator View Post
    TDS was filing cabinets filled with employee profiles of these 500,000 Walmart employees, apparently.

    I don't know that I have ever met a Walmart empoloyee worth $10.00 and hour.
    "Worth" is subjective. If an employee can create $12/hr in production, then they are certainly "worth" $10/hr.

    A typical cashier can check out about 20 people an hour. What's it worth to walmart to be able to conduct an average size transaction (my guess around $100)? A dollar, ten dollars, a half dollar? I dunno, but Walmart knows, and they will pay their employees less than that amount. If Walmart pays a mininimum wage of $10/hr, the value of that employee to Walmart is obviously higher than $10/hr.

    You really come across as nasty and negative and mean and angry towards people, maybe you should lighten up a little. Life is too short to live every minute in anger.
    Quote Originally Posted by ocean515 View Post
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    Quote Originally Posted by Papa bull View Post
    I see a big problem with the idea that whatever the majority wants is OK.

  4. #74
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    Re: Walmart Gives 500,000 Workers A Raise

    Quote Originally Posted by Gill View Post
    The cost of living is not a single number.
    Sure, I agree. So why are some posters pressing for a particular fixed number?
    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.

  5. #75
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    Re: Walmart Gives 500,000 Workers A Raise

    i advocate that no one shop at Walmart or fast food business, shutting them down and putting anyone out of a job.
    Last edited by Master PO; 02-20-15 at 04:19 PM.

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    Re: Walmart Gives 500,000 Workers A Raise

    Quote Originally Posted by imagep View Post
    I must have missed the layoffs in the article. Can you show me exactly where it said that Walmart was going to have to lay off employees in order to offer a slightly better wage?
    It didn't say, I am just projecting the outcomes the same way you are projecting outcomes.
    Give a man a fish and he eats for a day. Teach a man to fish and he stops voting for the Free Fish party.

  7. #77
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    Re: Walmart Gives 500,000 Workers A Raise

    Quote Originally Posted by jmotivator View Post
    I think the crowing about Walmart's capitulation is rather premature. Will you still crow if Walmart starts laying off employees within the next year?

    I find it funny when the spread the wealth crowd is happier with one employee making $10 an hour than they are with two employees making $7.
    Walmart will employ as many workers at it needs, no more and no less. It will pay employees whatever it thinks is the optimal pay.

    As the unemployment rate drops, companies have to compete harder for workers, and thus compensation tends to become greater. I agree this this likely has nothing to do with "capitulation", and has much more to do with maximizing profits.

    A half million workers just got a raise, if you want to pretend that this raise was caused by politics, then THANKS OBAMA!

    But these decisions are business decisions, not political decisions.
    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.

  8. #78
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    Re: Walmart Gives 500,000 Workers A Raise

    Quote Originally Posted by jmotivator View Post
    It didn't say, I am just projecting the outcomes the same way you are projecting outcomes.
    What outcomes did I project?

    And in what post did I make those projections?

    The truth is, you are just making up stuff, stuff that doesn't even make sense.

    I bet you are one of those people who totally bought into Rush L.'s lies about "every employer is going to drop insurance because it's going to be cheaper for the employers to pay the fine".
    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.

  9. #79
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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
    That was study that started with a premise and then tired to prove it true, not to prove WHETHER it was true. WM is cold-hearted, soulless corporation that will do anything to make a buck. If they could make more money by paying their employees $50/hr than they do now, they would do so. See, my wife works for WM and I've seen the extent to which they will go to make money. Everything from refusing to paint their breakrooms and offices, leaving them bare sheetrock, to restrooms w/o paper towels. WM will do whatever they can to make more money and if this "study" was accurate, then WM would have done it. Stupidity like this study and actually thinking that there's any chance that's it's accurate is a pet peeve of mine. All you have to do is stop and think for a minute and you'll see that it's dead wrong. WM simply wouldn't let this kind of money slip through it's fingers. WM is all about $$$ and if this study accurate, they would be doing exactly what it says. This company has whole depts. committed to looking for these kind of improvements in profitability and if they don't see this as a money-maker, then my guess is that it isn't, since WM cam throw FAR more resources into the study than Berkley can and when they do, they want to find out IF it's profitable, not find a way to show that their premise is correct.
    Our nation has not always lived up to its ideals, yet those ideals have never ceased to guide us. They expose our flaws, and lead us to mend them. We are the beneficiaries of the work of the generations before us and it is each generation's responsibility to continue that work. - Laura Bush

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    Re: Walmart Gives 500,000 Workers A Raise

    Quote Originally Posted by jet57 View Post
    No; fact. walmart has raised the wages in concert with that very idea.
    Nope. WM is not raising it's base to $12/hr, it's raising it to ~$10/hr. If the study was accurate, they would have raised the base wage to $12/hr, since that would have them more money.
    Our nation has not always lived up to its ideals, yet those ideals have never ceased to guide us. They expose our flaws, and lead us to mend them. We are the beneficiaries of the work of the generations before us and it is each generation's responsibility to continue that work. - Laura Bush

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