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originally posted by: mOjOm
originally posted by: NthOther
You guys do know that if they pay their employees more their prices will go up, right?
Americans are addicted to cheap useless crap. Walmart is their cheap useless crap dealer. One isn't going anywhere without the other.
Yes, but do you realize that the reason they would raise their prices isn't because they need to in order to balance the overhead with the profit. It's because their greed to get absolutely everything for themselves is too much for them to handle. Paying the employees of Walmart a living wage would mean the Waltons would have to sacrifice some of their own Multi Billion Dollar Profit which they take in. They would still be Rich beyond belief, but that isn't enough for them. They must have it all for themselves.
Do you really think they would Have to Raise prices to make it???? Not even close. They just choose to.
originally posted by: Stuship
a reply to: AzureSky
This middle class of Russia is salaries between 15k-30k a year per person. America's poverty line is 23k for a family of four, but that 23k isn't the poverty line for a smaller family. Russia has a lower standard of living compared to the United States, and the people there expect less than Americans.
15k a year is working our minimum wage 40 hours a week, so our minimum wage job is the lower scale of the middle class in Russia.
Do not believe the hype, poor people here, are the middle class in other countries. Our standard of living has vastly surpassed most other countries.
originally posted by: spurgeonatorsrevenge
And why and the hell do conservatives always come in and shill for the rich Elites?
WTF is that all about?
It is like a compulsion to rush in and bash the working class and also defend the rich, why???
originally posted by: mOjOm
a reply to: NthOther
Look at it from this perspective. The Walton's are using the System to Subsidize their own payroll. Meaning that the Walton's themselves essentially are the one's who are on public assistance by not paying their employee's enough and therefore the tax payers make up the rest for them. That money the Walton's are "Saving" by paying low wages is actually the Tax Payers money which they are in effect stealing by using a completely corrupt and broken system. That "Savings" or "Subsidized Profit" is in addition to their actual profits that they make by selling crap.
That is the Lie that Corporations use and then spin to make it seem like Welfare is the evil born because of the poor. Actually it's the Evil which is born from the Rich and Their Greed.
originally posted by: Metallicus
a reply to: links234
Maybe Wal-mart should just close and make all those people unemployed.
Don't get paid enough then work somewhere else.
Seriously, no one expects to make a living working at a discount store, do they? You probably should be on Federal assistance if you are too stupid to get a better job. It sounds about right.
originally posted by: Stuship
a reply to: AzureSky
This middle class of Russia is salaries between 15k-30k a year per person. America's poverty line is 23k for a family of four, but that 23k isn't the poverty line for a smaller family. Russia has a lower standard of living compared to the United States, and the people there expect less than Americans.
15k a year is working our minimum wage 40 hours a week, so our minimum wage job is the lower scale of the middle class in Russia.
Do not believe the hype, poor people here, are the middle class in other countries. Our standard of living has vastly surpassed most other countries.
originally posted by: RKWWWW
Shouldn't we be advocating that government benefits be abolished?
originally posted by: jacobe001
originally posted by: RKWWWW
Shouldn't we be advocating that government benefits be abolished?
Our government is run by an oligarchy consisting of heads of banks and corporations that have every loop hole known to man to skirt the responsibility of paying for the policies they helped create.
They would never abolish it because with 40 million people on some sort of welfare buying their products, it would not be only the poor that would be hurting. They want the middle class to pay for it and point the finger at the poor as the ones that passed these policies that got us where we are at.
originally posted by: RKWWWW
Do you think Wal-Mart would pay their employees more if we took away the government benefits?
This week’s credit check: A record 43.6 million Americans are using food stamps. JPMorgan’s segment that makes food stamp debit cards made $5.47 billion in net revenue in 2010.
You might think that if you’re on food stamps, big banks won’t be very interested in you. What could they possibly want with someone who’s struggling just to put food on the table? But it turns out that you’re actually part of a profitable business for big bank JPMorgan. While the money to pay for the stamps comes from the government, the technology to access it lies in private hands. Food stamps used to be literally stamps — that is, pieces of paper — but in this day and age paper is so old fashioned. Now you get your food stamps with a debit card, and JPMorgan knows all about creating plastic credit products.
As the head of this division at JPMorgan, Christopher Paton, told Bloomberg, “They act and feel very much like a debit card. A lot of stores increasingly take food stamps.” What convenience! And Paton points out that his bank is the largest processor of food stamps in the country. These are boom times for such services — a new report from the US Department of Agriculture reports that 43.6 million Americans are now using food stamps, nearly 14% of the population, which is a record number. Paton notes this trend himself: “Volumes have gone through the roof in the last couple of years,” he says. “This business is a very important business to JPMorgan in terms of its size and scale.” And the numbers bear him out. According to the company’s most recent quarterly filing with the SEC, the Treasury & Securities Services segment, which is the division that includes the food stamp business, was up 2% in the last three months of last quarter and brought in $5.47 billion in net revenue for most of 2010.
In an ever-growing number of states, if you crave a taco or fried chicken from a fast-food restaurant, you can pay for it with food stamps.
Food stamps - known more formally as the USDA’s Supplemental Nutrition Assistance Program - have been in use for grocery staples, such as bread and milk, since 1934, but now, for the first time, they can be used for fast food in four states across the country.
The number of businesses – including convenience and discount stores, gas stations and pharmacies – that have been approved to accept food stamps has increased by a third over the course of three years from 2005 to 2010, USA Today reports, and fast-food chains are working hard to get a cut of the federal dollars in Florida, California, Arizona and Michigan.
The funds allocated to the food stamp program have increased exponentially, from $28.5 billion to $64.7 billion in that same time frame, according to USA Today, and at a time when people have less money to spend, the bump in federal dollars can mean a lot to the fast-industry.
Yum! Brands, based in Louisville, Ky., which operates a string of restaurants that includes Taco Bell, KFC, Long John Silver’s and Pizza Hut, are among those applying for inclusion in the food stamp program, saying that elderly, disabled and homeless people have difficulty preparing meals, ABC affiliate WHAS reported.
originally posted by: RKWWWW
Are you seriously saying the origin our public safety net was from the scheming heads of banks and corporations? That's laughable. I have another wild, crazy theory. Hold on, cuz this is gonna blow your mind!
In the study, “Testing Theories of American Politics: Elites, Interest Groups and Average Citizens,” researchers compared 1,800 different U.S. policies that were put in place by politicians between 1981 and 2002 to the type of policies preferred by the average and wealthy American, or special interest groups.
Researchers then concluded that U.S. policies are formed more by special interest groups than by politicians properly representing the will of the general people, including the lower-income class.
“The central point that emerges from our research is that economic elites and organized groups representing business interests have substantial independent impacts on U.S. government policy, while mass-based interest groups and average citizens have little or no independent influence,” the study found.
originally posted by: Stuship
a reply to: AzureSky
This middle class of Russia is salaries between 15k-30k a year per person. America's poverty line is 23k for a family of four, but that 23k isn't the poverty line for a smaller family. Russia has a lower standard of living compared to the United States, and the people there expect less than Americans.
15k a year is working our minimum wage 40 hours a week, so our minimum wage job is the lower scale of the middle class in Russia.
Do not believe the hype, poor people here, are the middle class in other countries. Our standard of living has vastly surpassed most other countries.