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Old 12-12-2014, 09:23 PM
 
Location: Pine Grove,AL
24,990 posts, read 12,754,717 times
Reputation: 4642

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Quote:
Originally Posted by afoigrokerkok View Post
Yep. See I have a little secret...I don't want anyone to make minimum wage. The lefties don't believe me I'm sure but I don't. I simply think the market can better address this. And, look at this, the economy in at least some areas is allowing people to say no to working at Walmart. (When the economy is worse its better that they're working than not.)
I believe you, i just disagree that the market is always the best solution as the "market" is not designed to pay the workers what they are worth, but simply what Wal Mart can get away with.
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Old 12-12-2014, 09:25 PM
 
Location: Texas
14,969 posts, read 14,829,122 times
Reputation: 4573
Quote:
Originally Posted by dsjj251 View Post
I believe you, i just disagree that the market is always the best solution as the "market" is not designed to pay the workers what they are worth, but simply what Wal Mart can get away with.
The market itself determines what Walmart can get away with. The more options their employees have, the better for them.

Note: I do not think the market is always, 100% of the time, the solution.
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Old 12-12-2014, 09:28 PM
 
9,742 posts, read 9,685,981 times
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Quote:
Originally Posted by Frank DeForrest View Post
Do you think politicians are a good judge of wages?
Are you a good judge of sarcasm?
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Old 12-12-2014, 09:31 PM
 
Location: Richmond/Philadelphia/Brooklyn
1,265 posts, read 1,346,942 times
Reputation: 759
Breaking news: Walmart actually did something good today.
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Old 12-12-2014, 09:35 PM
 
1,809 posts, read 1,252,741 times
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I wonder if this is at all related to the court finding against wai-mart for their treatment of employees trying to unionize?
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Old 12-12-2014, 09:41 PM
 
Location: Pine Grove,AL
24,990 posts, read 12,754,717 times
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Quote:
Originally Posted by afoigrokerkok View Post
The market itself determines what Walmart can get away with. The more options their employees have, the better for them.

Note: I do not think the market is always, 100% of the time, the solution.
The bold is exactly my point, the market said for years that wal mart could get away with sub 8 dollar wages.

At one point, when jobs were scarce, they could pick and choose who to hire. The market no longer allows that, but they will still be paying less than their competitors.
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Old 12-12-2014, 09:45 PM
 
Location: Texas
14,969 posts, read 14,829,122 times
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Quote:
Originally Posted by dsjj251 View Post
The bold is exactly my point, the market said for years that wal mart could get away with sub 8 dollar wages.

At one point, when jobs were scarce, they could pick and choose who to hire. The market no longer allows that, but they will still be paying less than their competitors.
And if they hadn't been working at Walmart then when the economy was in worse shape they'd likely have not been working at all. I noted that earlier and the variation in what the market will bear is precisely why it's most efficient for the market to handle this.
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Old 12-12-2014, 09:46 PM
 
Location: The Republic of Texas
74,278 posts, read 38,167,274 times
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Quote:
Originally Posted by pknopp View Post
What Wal Mart pays is up to them but I did get a chuckle.

Walmart’s average sale Associate makes $8.81 per hour, according to IBISWorld, an independent market research group. This translates to annual pay of $15,576, based upon Walmart’s full-time status of 34 hours per week1. This is significantly below the 2010 Federal Poverty Level of $22,050 for a family of four. The Wall Street Journal reported that the average Walmart cashier makes just $8.48 an hour, far below the $11.22 national average for all cashiers.

Making Change at Walmart » Fact Sheet – Wages

How many employee's are only making $7.25? Probably very few if any so he pretty much said nothing but people will cheer like they accomplished something.


It just depends which Walmart...

To start here, Walmart is paying $15 and hour with full benefits and a 401K.
Double the states minimum wage law.
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Old 12-12-2014, 09:56 PM
 
Location: Pine Grove,AL
24,990 posts, read 12,754,717 times
Reputation: 4642
Quote:
Originally Posted by afoigrokerkok View Post
And if they hadn't been working at Walmart then when the economy was in worse shape they'd likely have not been working at all. I noted that earlier and the variation in what the market will bear is precisely why it's most efficient for the market to handle this.
See, thats what i mean.

The market allows Wal Mart to pay lower wages, but that has nothing to do with whether Wal Mart can pay more or not.
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Old 12-12-2014, 09:59 PM
 
Location: Texas
14,969 posts, read 14,829,122 times
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Quote:
Originally Posted by dsjj251 View Post
See, thats what i mean.

The market allows Wal Mart to pay lower wages, but that has nothing to do with whether Wal Mart can pay more or not.
"Can" doesn't mean "will." Also, are you not aware that people spend less (though perhaps not at Walmart) when the economy is worse?
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