And pay their employees better.
Bunk. I worked there for 4 years and left there making 7.25 an hour. And was a good employee for them. At the time, Mcdonalds across the street was hiring at 7.50 an hour. That same McDonalds is now hiring around 6.00 an hour and is giving no full-time positions. That's what happens when you compete based on wage. And in an economy that is now largely based on consumption... You figure it out. Walmart already sees the writing on the wall. If people don't have the income to afford the consumption, then the economy is gonna reflect it. It does, which is why they're speaking. But the minimum wage isn't what needs fixed.. it's the attitudes that ran wages into the ground to begin with as a tool for competition. And those profiting from it aren't going to either care what they've wrought, nor change to fix the problem. They will raise their own wage, bail, and stick the public with the bill first.. just like Delphi, Enron, Worldcom.....