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Originally posted by littled16
reply to post by MuzzleBreak
All this will do is cause Walmart to move their businesses elsewhere, taking the jobs they brought with them. I'm sorry but all this will do is hurt the people by taking away jobs in an already struggling jobs market.
Originally posted by MuzzleBreak
D.C. lawmakers gave final approval Wednesday to a bill requiring some large retailers to pay their employees a 50 percent premium over the city’s minimum wage, a day after Wal-Mart warned that the law would jeopardize its plans in the city.
The retail giant had linked the future of at least three planned stores in the District to the proposal. But its ultimatum did not change any legislators’ minds. The 8 to 5 roll call matched the outcome of an earlier vote on the matter, taken before Wal-Mart’s warning.
articles.washingtonpost.com...
Forget supply and demand. Typical childish thinking from Usual Suspects. Some jobs that require little skills or knowledge simply aren't worth even minimum wage. No one should expect to be able to live independently on minimum wage jobs. Without incentive, motivation, our society will be more screwed than it is.
Originally posted by Wrabbit2000
reply to post by benrl
It's not about crying for Walmart. I could care less about the Walton family and they will have money like nothing more than an abstract concept at those levels, whether they pay Min. wage or $500 an hour. If they are artificially forced to raise wages outside market forces though? Two things will happen. They always do, historically.
Stores and operations (like distribution centers out in rural areas giving badly needed jobs out there) will close where they were borderline or questionable to begin with. In a case like this, with local stupidity, they'll just close the whole operation. Is Walmart hurt? Hardly... They count pennies and make Lincoln scream like a school girl on each one of them, but that's given them enough pennies to throw dollars and not personally care either way. WORKERS get hurt. No one else.
Where they don't shut down? They raise prices. The cute little price chopper with the sword becomes the little price fixer with the hammer and nails. Inflation and economics 101 tho...and rooting for the fall of the big guy is self defeating when the big guy is THAT BIG and tends to fall ONTO the little people it was all supposed to be about. 'edit on 30-7-2013 by Wrabbit2000 because: (no reason given)
Originally posted by woodwardjnr
In the UK there was a show on called The Mill. About life in the cotton mills of northern England. The owners used the same excuse as your using for not wanting to ease the rule on 10 hr working days for children.
It would be nice if Walmart and other companies take their products and JOBS elsewhere when confronted with crappy legislation like this.
I Always love when a municipality sticks it to Walmart.
Portland has done so on similar matters, not allowing them to build where they want etc.
All that would do is put small businesses out of business and force the surviving businesses to raise prices to astronomical levels to compensate. Say hello to a $20 happy meal, $10 gallon of milk, etc.
Be nice if they implemented a living minimum wage everywhere, but that will never happen.
Originally posted by JohnPhoenix
Originally posted by benrl
Yea there's level of survival I could manage as well on minimum wage, I call that homeless or starving, because at that rate your gonna have to chose.
I edited my above post to reflect more info. That 16.000 dollar condo I bought 12 years ago could still have been paid for with minimum wage. Now it's worth 40.000 dollars. I just have to pay maintenance fees which are below 300 dollars, water and electricity included.. and no, it's not in the slums, it's in the middle of Metairie a large suburb of New Orleans not far from our lake (about 2 miles) My wife does work a minimum wage job - she buys the food and I pay the condo fees and everything else. Together we make less than 12.000 a year. I can easily see a normal couple making it on minimum wage if they know how to use the finances wisely.
Originally posted by seabag
All that would do is put small businesses out of business and force the surviving businesses to raise prices to astronomical levels to compensate. Say hello to a $20 happy meal, $10 gallon of milk, etc.
Originally posted by FlyersFan
Originally posted by Garkiniss
That company isn't hurting. They can afford to pay their workers more.
Just because they COULD, doesn't mean that they SHOULD. The purpose of a business is to make money and pay the stock holders with profits ... not to give it away with uber-high salaries that unskilled/uneducated workers don't earn.
Originally posted by littled16
Originally posted by woodwardjnr
In the UK there was a show on called The Mill. About life in the cotton mills of northern England. The owners used the same excuse as your using for not wanting to ease the rule on 10 hr working days for children.
The difference is that the children were physically forced to work. Last time I checked no one was forcing anyone to settle for a crappy job at the local Walmart store.
After four months in the military, the brand new E-1 will be receiving about $29,959.80 per year in annual salary (Note: This figure includes the value of free housing, free food, and income-tax advantage). On the other hand, the E-6 with four kids, who has 10 years experience in the military will only be making about $54,952,86.
Originally posted by Garkiniss
Paying employees that work in your place of business is not "giving it away."
Wal-Mart's CEO, Mike Duke, received $20 million this past year as he gave himself yet another pay raise, while his distribution workers earned 10% less than the market standard.
The "you're uneducated, thus not entitled to fair wages" argument is damn near a pro-slavery remark.
Originally posted by littled16
reply to post by buster2010
That would work, but unfortunately what Walmart will most likely do is move right outside of the legislated area- just far enough away that public transportation doesn't reach them so most employees wont be able to transfer. They will hire new employees at the lesser rate but they will consist of suburbanites who dont need the jobs as much as inner city people do. They will however stay close enough so as to keep away any smaller competition.
Originally posted by FlyersFan
Originally posted by Tazkven
A simple No, I have no proof of any of this would suffice bro
I said it ... INFLATION. That ruins economies. Learn to read. Go to school and get educated.
BTW .. I"m not a 'bro'. :shk:
Originally posted by MystikMushroom
The thing is, some people will never be able to learn/gain high value skills.