If Walmart Paid Its Employees a Living Wage, How Much Would Prices Go Up?

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Picture of mosfet2333 achievements

+3 1. mosfet23 commented 10 years ago

Corporate greed knows no limits

/Cut out the middleman, Uncle Sam, and start voting with your dollars.
Picture of ughlah41 achievements

+11 2. ughlah commented 10 years ago

The american poverty line is completly virtual. It is totally different in norway, germany or angola. Basically a part of society is always poor by that countries own standards. The video totally neglects the effects of inflation, which would move the poverty line thus wages thus prices thus the poverty line thus....

I'm not saying Wal Mart is paying fair wages, as i just don't know what life Looks like in the us with 9 dollars per hour, but imagine living in nicaragua just a little south, where 99% of population are poor by american standards.
Picture of ihateregistering26 achievements

+5 3. ihateregistering commented 10 years ago

I think it is a totally absurd loop, at least for people who work at wallmart. Wallmart pays nothing but does get stamp money in return.
And it's probably the only cheap store in a 50 mile radius.

I think Wallmart would love something like this: http://en.wikipedia.org/wiki/Pullman,_Illinois

But I dont live in the states, and maybe I'm making things up.
Picture of h3rrKarlsson22 achievements

+2 4. h3rrKarlsson commented 10 years ago

#3. This is the correct link I think, am I right? :) http://en.wikipedia.org/wiki/Pullman_Chicago
Picture of fjwjr62 achievements

+3 5. fjwjr commented 10 years ago

So what happens when that single mom suddenly makes $20,500 and no longer qualifies for food stamps? She's now making $394 per week (before taxes are taken out), still has to pay bills with that. She has to pay for childcare that can run up to $200 per week. Now she also looses $40 per week for food. (We all know it's much more than that) What does she cut to make up the loss of food money? How did Walmart bumping her over the minimum income level help her? Is Walmart the problem or is it the cost of daycare? Is it the 'all or nothing' policy of the food stamp program? Where is the father? The mother is free to work somewhere that pays better if she wants. She wasn't forced to apply for and accept a job there. She knew the conditions of employment when she accepted the job. So how is it all laid on Walmart?
BTW, aside from food stamps, what other help would this mother lose at that income level?
OK, here comes the hate........
Picture of LQoQK44 achievements

-1 6. LQoQK commented 10 years ago

instead of passing the increase to the consumer take from the owners
Picture of 5ubZer035 achievements

-2 7. 5ubZer0 commented 10 years ago

jaw dropping
Picture of Judge-Jake53 achievements

0 8. Judge-Jake commented 10 years ago

And this is not just in America. let me introduce you to a real misery of a company in the UK. I'm sure there are many others but take a look at one of the favourite places on the high street COSTA COFFEE owned by Whitbread. I'm sure most of you will have been in a COSTA at some point in your lives, usually you will find them busy, busy, busy! The staff run around all day long often going without breaks. The hourly rate for a Barista is just over £6. They can be sent home at anytime if things get quiet (without pay of course) and if they are off sick they don't get paid. 2014 UK :(
Picture of dvandok29 achievements

0 9. dvandok commented 10 years ago

#5, it's not just about Walmart. It's just a nice, big, common company people are familiar with so it serves as an example. The takeaway message is that the American people can probably afford to set (or raise) minimum wages. It's just going to raise prices on the order of 1%–2% for most consumer products. Walmart would simply act as a tax collector in order to help the poor, they're not going to lose money over it.

#1, for a true example of corporate greed that ruins lives, search 'GM' and 'faulty ignition switch.'
Picture of drienuldrie36 achievements

+1 10. drienuldrie commented 10 years ago

Why not lower the top wages at Walmart, to increase the lowest wages to just above foodstamp limits?
Picture of fjwjr62 achievements

+2 11. fjwjr commented 10 years ago

#9 You didn't read what I wrote did you? What's the difference between Walmart raising her pay or the government raising minimum wage? The affect on her will be the same. She gets bumped off food stamps and other programs because her gross income is now as little as $1 over the program's minimum without the wage increase making up the difference. Not to mention that as you pointed out, her food bill just increased by 1%-2%.
Picture of vaq19827 achievements

-1 12. vaq1982 commented 10 years ago

Instead of a pony tail that single mom character should have had a weave or cornrows.
Picture of ughlah41 achievements

0 13. ughlah commented 9 years ago

walmart should pay 4.8 billion, so that america hasn't got to pay 0.3 million?