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Thread: Walmart Gives 500,000 Workers A Raise

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    Walmart Gives 500,000 Workers A Raise

    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.
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    Re: Walmart Gives 500,000 Workers A Raise

    Quote Originally Posted by jet57 View Post
    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 !!
    Last edited by Fenton; 02-19-15 at 09:09 PM.

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    Re: Walmart Gives 500,000 Workers A Raise

    Quote Originally Posted by Fenton View Post
    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.
    Last edited by jet57; 02-19-15 at 09:41 PM.
    “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

    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.)
    "Every time something really bad happens, people cry out for safety, and the government answers by taking rights away from good people." - Penn Jillette.

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    Re: Walmart Gives 500,000 Workers A Raise

    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?
    "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

    This won't take anyone off government subsidies and it won't satisfy the unions.
    TANSTAAFL

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    ― Robert A. Heinlein, Beyond This Horizon

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    Re: Walmart Gives 500,000 Workers A Raise

    Good. They deserve more though. This is a start.


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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.
    How does price effect demand?

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

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    Re: Walmart Gives 500,000 Workers A Raise

    Quote Originally Posted by TheDemSocialist View Post
    Good. They deserve more though. This is a start.
    Deserve? Where do yo come up with such nonsense?
    “The law is reason, free from passion.”
    Aristotle
    (≚ᄌ≚)

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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?
    My views on morality, my political opinions, and belief in a strong livable wage


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