Stop Walmart Act

Bernie loves the loss of jobs that always happen with 15.00 per hr.

Bullshit. Amazon just raised their minimum to $15.00. Chick-fil-A is paying a minimum of $17.00. My companies pay a minimum of $23.50. All three are doing very well.

You really need to back-off the Putin concept of companies can't afford to pay their employees a living wage.
Bernie loves the loss of jobs that always happen with 15.00 per hr.

Bullshit. Amazon just raised their minimum to $15.00. Chick-fil-A is paying a minimum of $17.00. My companies pay a minimum of $23.50. All three are doing very well.

You really need to back-off the Putin concept of companies can't afford to pay their employees a living wage.
Bernie loves the loss of jobs that always happen with 15.00 per hr.

Bullshit. Amazon just raised their minimum to $15.00. Chick-fil-A is paying a minimum of $17.00. My companies pay a minimum of $23.50. All three are doing very well.

You really need to back-off the Putin concept of companies can't afford to pay their employees a living wage.

You need to.
Some jobs are not suppose to be a living wage.
You get full time permanent jobs in order to get a decent living wage.
It is a fact that some get laid off and some locally owned resturants and businesses close down when 15.00 an hour is forced.
 
Researchers at University of Washington, New York University, and Amazon studied the effects on 25,000 low-wage workers. They released a paper a year ago that estimated that the wage increase $9.47 to $13 harmed low-skill workers most. A new update with more data, released as a working paper today (Oct. 22), finds some low-wage workers did benefit, after all.

The researchers estimate that low wages went up more in Seattle than in the counties that didn’t increase wages, meaning they could attribute the gains to the minimum wage, and not broader economic conditions. But they also noticed a drop in hours worked. Some workers still came out ahead, working fewer hours but at higher hourly wage to make up for it. Those tended to be more experienced workers with more time on the job. Less experienced workers were more likely to end up with lower earnings over all, or with no gains.

The economists also looked at rates of entry, or how many people, who did not work before and have no skills, entered the labor market following the wage increase. The estimate that right after the minimum wage went up, entry rates flattened and eventually fell as the minimum wage went up further, suggesting less experienced workers were offered fewer opportunities for work. Meanwhile, in neighboring counties, entry rates continued to increase before leveling off in 2017. This leads them to conclude, “Seattle’s minimum wage ordinance appears to have delivered higher pay to experienced workers at the cost of reduced opportunity for the inexperienced.”

A new study of Seattle’s minimum wage hike shows who it helps, and who it hurts

Way to keep people trapped in low paying jobs! :clap:
 
Equivalent to a Walmart tariff that consumers will ultimately pay. You know, those middle class and poor customers?

Make an argument that Walmart can't afford to raise pay and buy-back stock while never touching their prices.

Make an argument that Walmart can't afford to raise pay

Create your own WalMart, pay as much as you'd like.
Let me know when your IPO is ready.

That's not an argument, that's bloviating.

You make it sound easy to create a WalMart and pay an arbitrary wage.
Is it?

Make an argument that Walmart can't afford to raise pay and buy-back stock while never touching their prices.

Why would I do that?
The owners of Walmart are free to pay as much or as little as they'd like to meet their hiring needs.
You don't like how much they spend on stock buybacks? Arrange a shareholder vote on your "idea" or sell your shares. Don't own any shares? Mind your own damn business.
 
The years 2013 to 2015 were during the BushCo economic crash recovery. Much different today.

The issue is Walmart, NOT one-size-fits-all.

Did you bother to read your own article idiot? This applies to all big to medium size corporations. Not just Walmart. :lol:

My issue is Walmart. But the fact remains that there aren't any companies that can't afford to pay a $15.00 an hour minimum wage.

You're lying.

Prove it.

I agree, you should prove that every business can afford to pay $15 an hour.
 
In terms of magnitude, they find that a 1% increase in wages leads to a 0.3% to 1% decrease in the employment rate depending on whether wages increase citywide or in only one industry.

The authors find that most of the negative employment effects that result from wage increases (which are cost increases) are due to more firms closing rather than firms laying off workers. Since more firm closings and fewer openings take longer to show up in the data than less hiring and more firing, it makes sense that the long-term effects of wage increases on employment are larger than short term effects.

The idea that higher wages affect employment via firm closings is also consistent with a study that finds lower quality restaurants are more likely to close following a minimum wage increase. Another study also finds that minimum wage increases reduce employment primarily through firm closings.

How Higher Minimum Wages Impact Employment
 

The issue is stock manipulation, $4 trillion since 2009.
The issue is stock manipulation, $4 trillion since 2009.

And Walmart is the ONLY ONE in the world doing it.

Moron.
 
I am against this bill.

Government should never, EVER meddle in the economy.
 
The years 2013 to 2015 were during the BushCo economic crash recovery. Much different today.

The issue is Walmart, NOT one-size-fits-all.

Did you bother to read your own article idiot? This applies to all big to medium size corporations. Not just Walmart. :lol:

My issue is Walmart. But the fact remains that there aren't any companies that can't afford to pay a $15.00 an hour minimum wage.

You're lying.

Prove it.

A lot of business where I live would either go under or fire staff if they had to pay $15 an hour.

Which businesses?
 
Did you bother to read your own article idiot? This applies to all big to medium size corporations. Not just Walmart. :lol:

My issue is Walmart. But the fact remains that there aren't any companies that can't afford to pay a $15.00 an hour minimum wage.

You're lying.

Prove it.

A lot of business where I live would either go under or fire staff if they had to pay $15 an hour.

Which businesses?

Probably the ones with low profit margins and low skilled workers.
 

The issue is stock manipulation, $4 trillion since 2009.

$4 trillion hasn’t been returned to shareholders. Sorry.

Do the math.

buybacks.png

I thought you were referencing Walmart.

If the government passed a law making buybacks prohibitively expensive like in that bill, companies would stop buying back stock and start paying their cash out in dividends. They wouldn’t increase the pay of their employees.

The reason why is because what shareholders want is cash returned to them. Right now, it’s more tax efficient to return cash via buybacks than dividends. But if you made it more tax efficient to return cash via dividends by raising taxes on buybacks, companies will just increase dividends.

The Walmart seven are taking the company private. A shareholder either takes the market offer or stands the risk of their stock losing value. To pay for this, Walmart has paid their employees crap, taught their employees to live off of public assistance, and manipulated government subsidies to build stores. Once the subsidy ran out, the majority of the subsidized stores developed a nationwide plumbing problem and closed.

I think the absolute least Walmart can do is paying their employees $15.00 per hour.
 
Maybe the socialist could sell a few of his homes to help the poor.

The issue is stock manipulation, $4 trillion since 2009.

$4 trillion hasn’t been returned to shareholders. Sorry.

Do the math.

buybacks.png

I thought you were referencing Walmart.

If the government passed a law making buybacks prohibitively expensive like in that bill, companies would stop buying back stock and start paying their cash out in dividends. They wouldn’t increase the pay of their employees.

The reason why is because what shareholders want is cash returned to them. Right now, it’s more tax efficient to return cash via buybacks than dividends. But if you made it more tax efficient to return cash via dividends by raising taxes on buybacks, companies will just increase dividends.

The Walmart seven are taking the company private. A shareholder either takes the market offer or stands the risk of their stock losing value. To pay for this, Walmart has paid their employees crap, taught their employees to live off of public assistance, and manipulated government subsidies to build stores. Once the subsidy ran out, the majority of the subsidized stores developed a nationwide plumbing problem and closed.

I think the absolute least Walmart can do is paying their employees $15.00 per hour.

The Walmart seven are taking the company private.

You're lying.
 
Starbucks is holding a massive stock buy-back program?

Starbucks (SBUX) plans to use proceeds from its marketing deal with Nestle (NSRGY) to accelerate share buybacks and return $20 billion in cash to shareholders in the form of share buybacks and dividends through fiscal year 2020.

Starbucks Accelerates Buybacks, Targets $20 Billion Cash Returns

Guess it depends on what you consider massive...

The Stop Welfare for Any Large Monopoly Amassing Revenue from Taxpayers Act effects/affects Starbucks how?
 
Bernie loves the loss of jobs that always happen with 15.00 per hr.

Bullshit. Amazon just raised their minimum to $15.00. Chick-fil-A is paying a minimum of $17.00. My companies pay a minimum of $23.50. All three are doing very well.

You really need to back-off the Putin concept of companies can't afford to pay their employees a living wage.
Bernie loves the loss of jobs that always happen with 15.00 per hr.

Bullshit. Amazon just raised their minimum to $15.00. Chick-fil-A is paying a minimum of $17.00. My companies pay a minimum of $23.50. All three are doing very well.

You really need to back-off the Putin concept of companies can't afford to pay their employees a living wage.
Bernie loves the loss of jobs that always happen with 15.00 per hr.

Bullshit. Amazon just raised their minimum to $15.00. Chick-fil-A is paying a minimum of $17.00. My companies pay a minimum of $23.50. All three are doing very well.

You really need to back-off the Putin concept of companies can't afford to pay their employees a living wage.

You need to.
Some jobs are not suppose to be a living wage.
You get full time permanent jobs in order to get a decent living wage.
It is a fact that some get laid off and some locally owned resturants and businesses close down when 15.00 an hour is forced.

Some jobs are not suppose to be a living wage.

Who told you that, the Walmart seven?
 

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