If Walmart Paid Its Employees a Living Wage, How Much Would Prices Go Up?
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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.
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.
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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.
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.
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4. h3rrKarlsson commented 10 years ago
#3. This is the correct link I think, am I right? http://en.wikipedia.org/wiki/Pullman_Chicago
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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........
BTW, aside from food stamps, what other help would this mother lose at that income level?
OK, here comes the hate........
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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
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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.'
#1, for a true example of corporate greed that ruins lives, search 'GM' and 'faulty ignition switch.'
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10. drienuldrie commented 10 years ago
Why not lower the top wages at Walmart, to increase the lowest wages to just above foodstamp limits?
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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%.
+3 1. mosfet23 commented 10 years ago
/Cut out the middleman, Uncle Sam, and start voting with your dollars.