Here's How Much A Wal-Mart Pay Increase Would Cost Shoppers Per Trip

[xchrom]

http://www.businessinsider.com/what-a-walmart-wage-hike-would-cost-you-2013-7



Wal-Mart said last week that it would halt plans to open stores in D.C. because of a minimum-wage hike that would mandate a minimum hourly pay of $12.50.

Executives said the pay increase would drive up prices for consumers.

So how much would a higher minimum wage cost shoppers at Wal-Mart?

About 46 cents per trip, reports Caroline Fairchild at The Huffington Post.



Read more: http://www.businessinsider.com/what-a-walmart-wage-hike-would-cost-you-2013-7#ixzz2ZUUVAzt3

[theHandpuppet]

1. Higher wages should be shaved off the proft margin

Not passed on to consumers.

[liberal N proud]

2. What does the pay increase for the executives cost us?

I guarantee that when it comes time for their pay raises, they don't run this rhetoric through the news.

[theHandpuppet]

3. +1

[ceonupe]

4. Most of there bonus pay

Comes from stock options for the really high up executives.

[liberal N proud]

5. Bonus pay, they still get a huge salary

While justifying not paying their employees a living wage.

[stillwaiting]

8. Yes, so upper level mgmt become obscenely wealthy BECAUSE they pay their workers peanuts. nt

[ceonupe]

9. In many ways you can say that is the retail business model

The biggest threat to it is amazon but that introduces other problems because where will the 8.50-10per hour employees work at once we have same day delivery for amazon.com orders?

[Kingofalldems]

11. So the workers should just do what the republicans say

Last edited Fri Jul 19, 2013, 02:24 PM - Edit history (1)

and be thankful for $8 an hour?

[ceonupe]

12. no thats not what i am saying

what i am saying is we as a country MUST find/create industry to employ limited/no skilled labor. A retail job for far to many are the only realistic jobs out there and those jobs are never going to pay more than slightly more than min wage.

the reason is these jobs in many cases dont add significant value. They just help process transactions or do human inputs for which machines are to expensive or cant do yet. We need to train and develop a work force that can actually be used.

Wit amazon and other e-retailers with large distribution networks gearing up the death of the big box retailer is very close. What happens to the 300 workers at your local walmart when it closes or goes kiosk only or functions like a pick upstation for online orders only (like old catalog stores from back in the day). We all know for many they work at walmart because other job/career options just arent available for many of them. what do we do next.


Have no fear i am a little cynical that the powers that be will let the middle class disappear. who will build the wealth for the .0001%. You see everything in the "middle class" life is a proxy for indebtedness and enrichment of the upperclass.

typical "middle class"
House mortgage
2 car payments
student loans
credit card debt
you see all the above make the lenders way more over the life of the loan that what you get pretty much. and poor people cant afford any of the above.
I know it does not get lots of mention on the board but Dave Ramsey's whole program is based on breaking this "middle class"cycle down to the point of if u cant cash flow it community college maybe a better option than school loans.

a better take on this is (NOTE extreme language and some may find offensive but the message is as real as you will get it)


DU video linking acting crazy here is the url

&feature=share&list=UU14AIyq_mGphI3gs8HMxXNA

[pinto]

6. Ha. Great factual counter to WM claims.

[KG]

7. how bout the costs come off thier obscene profits

[MisterP]

10. just wait 'til the race-baiting Walmartyrs hear about this

"NNNNOOOOOO THIS IS LIKE HITLER AND STALIN ROLLED INTO ONE"