Hutch Starskey
Diamond Member
- Mar 24, 2015
- 35,391
- 9,170
Is WalMart causing inflation by voluntarily raising wages? Are they wrong for doing so?You are consistently failing to answer the question of how stupid you are. So I guess I'll have to. Very very very stupid.You havent answered my question: Just how stupid are you?How stupid are you? This is a serious question.
How stupid are you?? You're the one that wants to cut spending on infrastructure and science that make up around 5% of our entire federal budget. Both things are necessary for the success of this nation and add a hell of a lot more to our national success then giving the super rich another tax cut.
We tried to measure it with the meter we used for Jake, but that would-be contributor would not even tickle the scale. We sent for a smaller, more sensitive model, but they warehouse just laughed and laughed, then they hung up.
So says the one that wants to defund all entire first world science infrastructure, cut funding for building infrastructure and believe our children shouldn't all be educated.
You have some nerve. I couldn't measure your intelligence on a dogs ass.
WalMart just proposed a pay increase for 500k employees of about 1.50/hr.
Now, you wrote:
The pay raise of 1.50hr for 500k employees works out to over $2 billion a year in extra wage expense, and that's just the 1.50 hr the employee gets. It does not count payroll taxes the company must pay. WalMart's CEO, whom you cannot name, earned about $2.2 million dollars last year.No, they're spending some of that money they would of giving to their ceo on their employees. They'd be dumb to raise the cost of things as that would drive down demand.
So if WM decided they would pay their CEO one dollar for the entire year they still would not have saved the money they are planning on spending on incresaed salaries.
You dont understand this because you are way fucking stupid, bleating about infrastructure and research in every fucking post like you have a pig's idea what those things even mean.
I think you know that an increase in wages is not a zero sum undertaking. There isn't a equal and opposite price hike that negates the whole undertaking. How many items are for sale in the average WalMart? Raising the price a few cents across the board is sufficient. They have other areas they could cut as well. They could easily say that they will freeze or reduce the amount paid out in shareholder dividends for a year or two. They could freeze executive salaries for the same period. The point is, it's not if you do A then the result must then only be B.