Asclepias
Diamond Member
You may believe that but i dont. Thats why your link lacks any credibility.It was doing great and then they announced that there would be a wage increase. Walmart crunched the numbers, realized it was unsustainable, and closed their doors.How can the specific store being doing great but the wage was unsustainable? Its retaliation because it takes that tax revenue out of the city that raised the minimum wage. Why dont you have someone explain how cities get their revenue in regards to businesses.The point is that they retaliated like I pointed out from your own link. How did you lose sight of my point?And the point is......what? Why did they choose to work somewhere that they didn't make enough money to put food on their table? If everyone left, then Walmart would have no choice but to raise their pay rates to attract labor. That's the beauty of the free market. The people working their were clearly happy with their employment as they not only agreed to work for that much but chose to stay there.For Oakland city counsel considering raising the MW. Didnt you read your own link?
"Hundreds of Wal-Mart employees fasted this past November in protest for a $15 minimum wage, arguing that Wal-Mart employees do not make enough money to put food on the table.
Oakland Mayor Libby Schaaf, a Democrat, has been leading statewide efforts to raise the minimum wage to $15."
People don't cut off their nose to spite their face when it comes to money and successful businesses. You view everything like an immature 6th grader. Walmart shut down their business because the minimum wage made it unsustainable. How is it "retaliation" to close the doors of a successful business?