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To: central_va
I saw a study that said WalMart could raise wages 50% and the retail price on goods would only go up 1%.

And I suppose you believed it?

Did you ever think to look up the facts yourself, to figure things out?

41 posted on 04/14/2017 10:11:36 PM PDT by mountn man (The Pleasure You Get From Life, Is Equal To The Attitude You Put Into It)
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To: mountn man

http://www.investopedia.com/articles/investing/020916/walmarts-biggest-liability-labor-costs-wmt.asp

http://money.cnn.com/2015/10/14/investing/walmart-outlook-wages/

https://www.forbes.com/sites/timworstall/2016/01/16/dcs-minimum-wage-really-does-cost-jobs-at-walmart/#7dc06f2f1e95


42 posted on 04/14/2017 11:01:26 PM PDT by mountn man (The Pleasure You Get From Life, Is Equal To The Attitude You Put Into It)
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To: mountn man

I ran the numbers and the price would go up 5% not 1%. Basically Walmart is a self service warehouse with labor not being a huge factor.


44 posted on 04/15/2017 5:02:52 AM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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