Wyatt earp
Diamond Member
- Apr 21, 2012
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- #581
Walmart is closing dozens of stores in states where the WALMART minimum wage is higher than the state minimum wage.
Have you forgotten this?
Walmart is raising its minimum wage for more than 100,000 U.S. workers
Read the article. Next month, claims Walmart, its own minimum wage will be $10.
And yet, you idiots claim that this big store closing plan is about minimum wage.
You're stupid.
Well... it is.
That makes perfect sense to me.
Think about it.... because of all this "Fight for 15" crap, Walmart instituted a corporate wide minimum wage.
Well in states where the labor cost is significantly lower, they are closing stores.
That is perfectly logical. If other stores are paying their employees lower wages, that places Walmart at a competitive disadvantage. Thus, they are being driven out of those markets.
So all your poor employees that are supposedly soaking up tons of government benefits and welfare while working at Walmart, are now so much better off, earning ZERO, and getting tons MORE welfare and benefits.
I'm not sure why you people on the left can't think that through. Economic education must be terrible.
Slavery was full employment for black people.
Since you are using the race card, you are aware that the Minimum wage was instituted to prevent the minority from working, are you not?
On The Historically Racist Motivations Behind Minimum Wage
The business-friendly National Center for Policy Analysis points out “the 1931 Davis-Bacon Act, requiring ‘prevailing’ wages on federally assisted construction projects, was supported by the idea that it would keep contractors from using ‘cheap colored labor’ to underbid contractors using white labor.”
African-American economist Thomas Sowell with Stanford University’s Hoover Institutiongives an uncomfortable historical primer behind minimum wage laws:
“In 1925, a minimum-wage law was passed in the Canadian province of British Columbia, with the intent and effect of pricing Japanese immigrants out of jobs in the lumbering industry.
A Harvard professor of that era referred approvingly to Australia’s minimum wage law as a means to “protect the white Australian’s standard of living from the invidious competition of the colored races, particularly of the Chinese” who were willing to work for less.
In South Africa during the era of apartheid, white labor unions urged that a minimum-wage law be applied to all races, to keep black workers from taking jobs away from white unionized workers by working for less than the union pay scale.”