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Wal-Mart Wage Hikes Backfire (Again) As Angry Employees Threaten To Quit
Zero Hedge ^ | 08/07/2015 | Tyler Durden

Posted on 08/07/2015 9:41:25 AM PDT by SeekAndFind

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1 posted on 08/07/2015 9:41:25 AM PDT by SeekAndFind
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To: SeekAndFind

The majority of people working at Walmart are on public assistance of some sort.

So quite frankly, I am paying for them even if I don’t show there.


2 posted on 08/07/2015 9:47:14 AM PDT by redgolum ("God is dead" -- Nietzsche. "Nietzsche is dead" -- God.)
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To: SeekAndFind
BOOKMARK - ECONOMICS 101

Thanks for posting this!

3 posted on 08/07/2015 9:53:58 AM PDT by celmak (Long live the Non-Demorat Christian Conservative South !!!)
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To: redgolum
The Waltons are worth more than almost all nations on the planet. That's more than they need, and it's on the back of employee wages, both their own and their suppliers. As you said, we're paying for this scheme because the workers aren't making enough to survive, so they collect benefits on the taxpayer dime. Then there's all the cheap foreign crap that is all Walton (and such) workers can afford, putting the US in impossible debt with the trade deficit.

While all this has been going on for decades, small businesses in local communities have been decimated. The government is complicit by there being so many laws that it's almost impossible for a business to get started. Sure does seem like fascism....government hand-in-hand with huge corporations to control everyone else.

I don't see anything in that scheme that supports conservative values of self-reliance and the ability to make a living wage if one works hard.

4 posted on 08/07/2015 9:55:10 AM PDT by grania
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To: SeekAndFind

Just as with the Seattle wage hikes (not Gravity), a bunch of the newly-enriched employees are also going to ask for hourly cuts, so they don’t endanger their bennies.

Additionally, I find it hard to believe senior mgt didn’t expect this. More likely, they want to temper the disquiet just enough to keep the more effective “senior” employees, while allowing the deadwood and serial whiners to bail, thus opening up a bunch of slots that they can then fill with proportionally-lower-paid replacements, thus lowering the overall cost burden of salaries while “promoting” employees and “increasing” their income.


5 posted on 08/07/2015 9:59:52 AM PDT by Little Pig
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To: SeekAndFind

Bump


6 posted on 08/07/2015 10:03:48 AM PDT by lowbridge
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To: SeekAndFind

Sorry Peter, we have to let you go so we can give Paul some more money


7 posted on 08/07/2015 10:05:08 AM PDT by GeronL (Phony Crony Trump is a Chump, Cruz is for real, 100%)
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To: grania

Well it is their company and people are free not to shop or work for them.

I don’t.


8 posted on 08/07/2015 10:07:58 AM PDT by VanDeKoik
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To: grania

“The Waltons are worth more than almost all nations on the planet. That’s more than they need” - Karl Marx

“As you said, we’re paying for this scheme because the workers aren’t making enough to survive” - They agreed to work for that pay I think. They should quit and start working elsewhere then.

“government hand-in-hand with huge corporations to control everyone else” - The values that Donald Trump loves right there.


9 posted on 08/07/2015 10:11:55 AM PDT by GeronL (Phony Crony Trump is a Chump, Cruz is for real, 100%)
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To: Little Pig
<""Just as with the Seattle wage hikes (not Gravity), a bunch of the newly-enriched employees are also going to ask for hourly cuts, so they don’t endanger their bennies.""

and the ones who work hard are taking home less, because the free meals, free parking and tips are getting cut off.

10 posted on 08/07/2015 10:13:08 AM PDT by GeronL (Phony Crony Trump is a Chump, Cruz is for real, 100%)
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To: SeekAndFind

Good news, Comrades!

The new minimum wage is now $9/hour!

The bad news is the maximum wage is $9/hour.


11 posted on 08/07/2015 10:27:41 AM PDT by seowulf (Cogito cogito, ergo cogito sum. Cogito.---Ambrose Bierce)
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To: SeekAndFind

No one who couldn’t see this coming should be running a billion dollar company. They shouldn’t be running a mom and pop grocery store.


12 posted on 08/07/2015 10:32:46 AM PDT by VerySadAmerican (Since you're so much smarter than me, don't waste your time insulting me. I won't understand it.)
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To: VanDeKoik

I don’t shop or work for WalMart either. But we both because we pay taxes subsidize their workers who get such lousy wages that they’re eligible for food stamps and other benefits.


13 posted on 08/07/2015 10:35:24 AM PDT by grania
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To: GeronL

Read my #8. You and I and every US taxpayer are subsidizing the benefits they get because their wages are too low for self-sufficiency.


14 posted on 08/07/2015 10:37:13 AM PDT by grania
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To: grania

and if they weren’t working, that would change how


15 posted on 08/07/2015 10:38:42 AM PDT by GeronL (Phony Crony Trump is a Chump, Cruz is for real, 100%)
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To: grania

Wal-Mart workers are paid more than at most other supermarket, fast food and convenience store chains.


16 posted on 08/07/2015 10:40:11 AM PDT by GeronL (Phony Crony Trump is a Chump, Cruz is for real, 100%)
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To: grania
I don't see anything in that scheme that supports conservative values of self-reliance and the ability to make a living wage if one works hard.

There are people unwilling to work hard enough to make what you would consider a "living wage".

There are people who are just intellectually incapable of doing something that will give them what you consider a "living wage".

This is especially true is by "living wage" you mean the ability to support not just yourself, but multiple kids. The only real solution may be "Don't breed them if you can't feed them".

17 posted on 08/07/2015 10:40:31 AM PDT by PapaBear3625 (You don't notice it's a police state until the police come for you.)
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To: grania

***That’s more than they need, and it’s on the back of employee wages,***

Sam Walton alone was responsible for breaking the economic stranglehold the Chicken processors had in this area. They paid LOWER than Minimum agricultural starvation wages, keeping this area in abject poverty. You worked for their wages or you starved. Too poor to move you had no choice.

The Sam bought out some bankrupt Ben Franklin stores and started WALMART, and paid a much better wage.

Soon the Chicken Men could not get anyone to work for their starvation wages as evryone was working for that upstart Walmart. So they went to Mexico and brought in the first load of legal Mexicans. Then Marshallese Islanders, then Hmong, now Somalis. They finally learned agricultural wages don’t keep workers and started paying a fairly competetive wage.

Now thanks to Walmart, we no longer live in a poverty stricken area but one of the richest areas in the southwest.

Oh, by the way, I’ve NEVER worked for Walmart.


18 posted on 08/07/2015 10:43:17 AM PDT by Ruy Dias de Bivar (Let Baal plead for Baal because one has destroyed his altar!)
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To: GeronL

So you end up with a sore Peter.


19 posted on 08/07/2015 11:29:55 AM PDT by noinfringers2
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To: SeekAndFind

If employees could do better elsewhere that is where they would be working.

That holds true for every employer and employee.


20 posted on 08/07/2015 11:30:40 AM PDT by Iron Munro (We may be paranoid but that doesn't mean they aren't really after us)
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