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Walmart Gives 500,000 Workers A Raise

jet57

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Both on line and through ABC news we learn that walmart has capitulated:

WASHINGTON -- In a move that could alter the minimum wage debate and improve the image of the world's largest retailer, Walmart announced it will raise the baseline wage of its current store employees to $10 per hour, bringing pay hikes to an estimated 500,000 workers.

Walmart has long been saddled with a reputation as a low-wage employer, and its battles with labor unions -- in particular the United Food and Commercial Workers union -- stretch back decades. In recent years, labor groups have organized high-profile worker strikes to coincide with the company's Black Friday shopping events, pillorying the retailer over its pay practices.
Walmart Gives 500,000 Workers A Raise


For some time in these discussions about walmart abuses and organizing drives I predicted that the pressure would defeat them. Within a year the starting wage at walmart will be $10 an hour. This will of course increase the strength of the organizing drive and have a good effect on the drives for Mcdonald's as well.

Nice work.
 
Both on line and through ABC news we learn that walmart has capitulated:


Walmart Gives 500,000 Workers A Raise


For some time in these discussions about walmart abuses and organizing drives I predicted that the pressure would defeat them. Within a year the starting wage at walmart will be $10 an hour. This will of course increase the strength of the organizing drive and have a good effect on the drives for Mcdonald's as well.

Nice work.

Capitulated ? To what ?

The lefts BS narratives and their dishonest demonizations of a Corporation that employees thousands of Americans ?

Their " abuses " are manufactured by the same idiots who believe " Bush lied " about WMD.

The people that bought into this BS about Wal-Marts " abuses " are the same morons that drone on about the destructive effects of " austerity " and the effectiveness of " stimulus to increase aggregate demand ".

Capitulated....Lol !!
 
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Capitulated ? To what ?

The lefts BS narratives and their dishonest demonizations of a Corporation that employees thousands of Americans ?

Their " abuses " are manufactured by the same idiots who believe " Bush lied " about WMD.

The people that bought into this BS about Wal-Marts " abuses " are the same morons that drone on about the destructive effects of " austerity " and the effectiveness of " stimulus to increase aggregate demand ".

Capitulated....Lol !!

You have no idea what you're talking about.

walmart has been under public pressure and a large union organizing drive for some time due to their pay abuses and employees having to file for public assistance - as suggested by walmart. walmart has cracked under the pressure and is being jerked into reality. So good for the organizing drive.
 
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It was going to happen, but social and political pressure to increase wage rates without any real economic pressure to do so may cause an adverse affect. By economics it will come down to what others do, such as Target and other national retail & food service chains. If they all go up to follow suit then we could see less demand for that wage rate employee. This may be compounded by large fast food chains such as McDonald's and the Yum Brands group (KFC, Taco Bell and Pizza Hut... who as a group employs more than McDonald's does.)
 
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?
 
This won't take anyone off government subsidies and it won't satisfy the unions.
 
Good. They deserve more though. This is a start.
 
That should save some tax money as fewer employees will be eligible for government subsidies.

How does price effect demand?

Does a low-income worker consume more? or less in government subsidies?
 
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.
 
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.


cut him a break... he's coming from an ideological perspective, not a business perspective.
That ideology needs to be exposed as well.
 
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"
 
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.
 
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
 
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
:lamo

Berkeley? :doh
iLOL
Dismissed.
 
:lamo

Berkeley? :doh
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.
 
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.
 
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.

Unions are working very hard to get people off of public assistance. I guess you want people earning peanuts, if anything and on the dole so you can gripe about how lazy they are.
 
cut him a break... he's coming from an ideological perspective, not a business perspective.

California's In & Out Burgers have been using that same ideological perspective for many years now and it's worked quite well for them. No wlamrt is going to use the same ideological perspective adn watch it work for them.

You're just sour grapes about it.
 
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.
You seem to be confused.
First of all, it was you who was dismissed.
Secondly, what you provided had nothing to do with our exchange.
Let me remind you.
Nope its from: "My views on morality, my political opinions, and belief in a strong livable wage"
Yep! What you said was; My ..., my ..., (my) ..., not Berkeley ..., Berkeley ..., Berkeley.

As for the article you provided citing Berkeley. :doh
Entry level wages were never meant to survive on.
And frankly the consumer should not be saddled with any price increase because greedy unskilled workers want more than they are worth.
What exactly do you and others not understand about that?

So back to your original nonsensical statement. You haven't shown they deserve any such thing. Or didn't you know there is a difference between deserve and desire?
 
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No; fact. walmart has raised the wages in concert with that very idea.
Not. They raised wages. Not in concert with the idea.
 
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