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08-24-2011, 06:29 PM | #1 |
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..and why we're so fucked right now, just check out Sarah's economic theories..
Sarah on WalMart, Subsidies and Food Stamps http://news.yahoo.com/usa-becomes-fo...160645036.html Exactly...it is a busywork job for the oil industry, and do NOTHING to solve energy issues or creat jobs These wild, faith based theories of yours are why you're still blaming George W Bush three years in... Instead of taking credit for a recovery. |
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08-24-2011, 06:30 PM | #2 |
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08-24-2011, 06:31 PM | #3 |
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..and why we're so fucked right now, just check out Sarah's economic theories.. Got it ! |
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08-24-2011, 06:35 PM | #4 |
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08-24-2011, 06:41 PM | #5 |
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You like rewarding Wal Mart with your tax dollars for artificially deflating wages, and you want to allow a project by a FOREIGN company your tax and energy dollars are going to end up paying for inm the long run I don't know anything about the pipeline so I'll reserve judgement. |
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08-24-2011, 06:43 PM | #6 |
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08-24-2011, 06:45 PM | #7 |
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You like rewarding Wal Mart with your tax dollars for artificially deflating wages, and you want to allow a project by a FOREIGN company your tax and energy dollars are going to end up paying for inm the long run |
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08-24-2011, 06:49 PM | #9 |
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08-24-2011, 06:55 PM | #11 |
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08-24-2011, 06:55 PM | #12 |
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08-24-2011, 06:56 PM | #13 |
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You like rewarding Wal Mart with your tax dollars for artificially deflating wages, and you want to allow a project by a FOREIGN company your tax and energy dollars are going to end up paying for inm the long run Wal-Mart contributes to a low-wage economy in other ways too. Its business practices force suppliers to cut costs, so in turn these firms cut wages. Other retailers (who may not have such influence over their suppliers) are forced to cut the wages they pay to compete with Wal-Mart. Another Berkeley study estimates that in 2000, the total earnings of retail workers in the United States dropped by $4.7 billion due to Wal-Mart’s presence. |
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08-24-2011, 06:59 PM | #14 |
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Even Wal Mart knows the extent of the damage, and know they have to bend a little, before they shoot themselves in their OWN foot
My smiley face has not quite perked up over this news. After all, Wal-Mart pays low wages. A 2004 UC Berkeley study found that over half of Wal-Mart workers earned under $9 per hour, while other large retailers pay $14 on average. As a result, the families of Wal-Mart employees are more likely than other retail workers to need food stamps and other public assistance programs. Usually Wal-Mart must be forced kicking and screaming to pay something like a living wage—as Chicago city council has just done. Wal-Mart contributes to a low-wage economy in other ways too. Its business practices force suppliers to cut costs, so in turn these firms cut wages. Other retailers (who may not have such influence over their suppliers) are forced to cut the wages they pay to compete with Wal-Mart. Another Berkeley study estimates that in 2000, the total earnings of retail workers in the United States dropped by $4.7 billion due to Wal-Mart’s presence. And now Wal-Mart, the icon of the low-wage economy, wants to raise minimum wages? Has Wal-Mart got some kind of multiple personality disorder? Believe it or not, this makes a kind of sense in the wacko realities of the low-wage economic model. Wal-Mart loves low wages, but it starts to be a problem if wages go too low. From Wal-Mart’s perspective, more highly paid workers can afford to shop at fancier places than Wal-Mart. So Wal-Mart is content when a higher-paid workforce gets its wages cut. For Wal-Mart, union bashing is A-OK because unions might actually fight for wages that are high enough to allow workers to shop at places other than Wal-Mart. But if wages get too low, then too many people have too little purchasing power. Would-be Wal-Mart customers will be frequenting food banks and Dumpsters instead of its stores. At US $5.15 (less than $6 Canadian) per hour, the US minimum wage hasn’t risen since 1997. After adjusting for inflation, the purchasing power of the minimum wage is at its lowest level since 1955. |
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08-24-2011, 07:05 PM | #15 |
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08-24-2011, 07:08 PM | #17 |
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You like rewarding Wal Mart with your tax dollars for artificially deflating wages Wages are a function of the market.. and you want to allow a project by a FOREIGN company your tax and energy dollars are going WAT? You think they're just going to give us the oil? Why wouldn't they sell it to us? It's THEIR OIL, dingbat. |
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08-24-2011, 07:13 PM | #18 |
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A paragraph that sums it up...... Your choice. Other retailers (who may not have such influence over their suppliers) are forced to cut the wages they pay to compete with Wal-Mart. Another Berkeley study estimates that in 2000, the total earnings of retail workers in the United States dropped by $4.7 billion due to Wal-Mart’s presence. It's all evil Walmart.. Let me ask you a question.. If there weren't a gross, over supply of low skill labor, wouldn't WalMart have to raise their opening wage to attract workers? Why is WalMart suddenly exempt from the law of supply and demand? Why can they just command a wage, and workers comply? I'll tell you: Because it's a statement about the labor market in general.. Not walmart in particular. And fuck Berkley.. Who in the hell listens to anything that comes out of Berkley these days? |
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08-24-2011, 07:14 PM | #19 |
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08-24-2011, 07:16 PM | #20 |
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Your ridiculous grasp of simple economic concepts is why you are failing, liberals..
Laws, and especially the basic law of supply and demand, won't bend to your silly ideological bent and crazy theories.. You can't call it "racist" and make it move either. It's a LAW, and nothing will change that.. I'm sorry. |
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