Wal-Mart Relies On Taxpayers To Subsidize Low Wages Read more: http://www.businessin

[EdwardBaiamonte]

I support Wal-Mart. It helps a lot of people!!!

this is true of all corporations since we shop there and work there only because we decide it helps us. Its the essence of freedom.

 

[AmazonTania]

I remember reading an article in The Atlantic Monthly the mid-90s called "The Walmarting of America" that accurately predicted Walmart's effect on wages for the working class.
The attached chart reflects the working class's share of the National Income. I would guess a large portion of posters here fall in the category of working class and so will their children. If I was part of the working class, I'd be very concerned about not only my future but also the future of my children.
Behold, the Walmarting of America"!

Labour Share is not the same as Real Compensation. While the compensation of employees in the business sector may be getting smaller and smaller relative to GDP (Which is getting larger), real incomes are still increasing.

​

Why don't we have a look at how gains were distributed from 1967-2003?
[FONT=&quot]Data[/FONT]
[FONT=&quot]Total gain[/FONT]
[FONT=&quot]% gain[/FONT]
[FONT=&quot]2003[/FONT]
[FONT=&quot]2000[/FONT]
[FONT=&quot]1991[/FONT]
[FONT=&quot]1982[/FONT]
[FONT=&quot]1973[/FONT]
[FONT=&quot]1967[/FONT]
[FONT=&quot]20th pctl[/FONT]
[FONT=&quot]$3,982 [/FONT]
[FONT=&quot]28%[/FONT]
[FONT=&quot]$17,984 [/FONT]
[FONT=&quot]$19,142 [/FONT]
[FONT=&quot]$16,580 [/FONT]
[FONT=&quot]$15,548 [/FONT]
[FONT=&quot]$15,844 [/FONT]
[FONT=&quot]$14,002 [/FONT]
[FONT=&quot]50th pctl[/FONT]
[FONT=&quot]$9,980 [/FONT]
[FONT=&quot]30%[/FONT]
[FONT=&quot]$43,318 [/FONT]
[FONT=&quot]$44,853 [/FONT]
[FONT=&quot]$39,679 [/FONT]
[FONT=&quot]$36,811 [/FONT]
[FONT=&quot]$37,700 [/FONT]
[FONT=&quot]$33,338 [/FONT]
[FONT=&quot]80th pctl[/FONT]
[FONT=&quot]$31,602 [/FONT]
[FONT=&quot]57%[/FONT]
[FONT=&quot]$86,867 [/FONT]
[FONT=&quot]$87,341 [/FONT]
[FONT=&quot]$74,759 [/FONT]
[FONT=&quot]$66,920 [/FONT]
[FONT=&quot]$64,500 [/FONT]
[FONT=&quot]$55,265 [/FONT]
[FONT=&quot]95th pctl[/FONT]
[FONT=&quot]$65,442 [/FONT]
[FONT=&quot]74%[/FONT]
[FONT=&quot]$154,120 [/FONT]
[FONT=&quot]$155,121 [/FONT]
[FONT=&quot]$126,969 [/FONT]
[FONT=&quot]$111,516 [/FONT]
[FONT=&quot]$102,243 [/FONT]
[FONT=&quot]$88,678 [/FONT]
[FONT=&quot][FONT=&quot]SOURCE: U.S. Census Bureau, 2004[66] (Page 44/45)[/FONT][/FONT]


The bottom 40% isn't keeping pace. Why?
Voodoo economics subsidizing corporate wages.

Income inequality is a rather misunderstood topic, and you've chosen that you don't really understand it. Most of what you have shown is mere snapshot data which doesn't tell very much. Just because a particular group has a smaller share of wealth doesn't make this group absolute poorer. For example, what if I were to ask you if you wanted a 1/6 slice of a pie or 1/9, which would you take? Your answer might be different depending upon how large the pie is.

If you take the time to look at flesh and blood individuals and track them overtime, you will see that people at the very bottom incomes have increased substantially within a 30 year time frame. Also within a 10 year time frame, you will see that people at the very top have had their incomes decreased by a pretty significant margin.

 

[EdwardBaiamonte]

The bottom 40% isn't keeping pace. Why?


Simple, the liberals destroyed the American family and created millions of poor single mothers, unions shippped 30 million jobs offshore, the highest corporate taxes in the world keep pushing whole corporations off-shore, and record deficits and debt allow Japan and China to buy our debt and deficit rather than our products.

Way over your liberal head- right?

 

[DaGoose]

The bottom 40% isn't keeping pace. Why?


Simple, the liberals destroyed the American family and created millions of poor single mothers, unions shippped 30 million jobs offshore, the highest corporate taxes in the world keep pushing whole corporations off-shore, and record deficits and debt allow Japan and China to buy our debt and deficit rather than our products.

Way over your liberal head- right?

You're kidding, right?

How can anyone "create poor single mothers"?

How can unions "ship" jobs overseas?

And you have no clue on how corporate taxes work.

According to the financial site NerdWallet, the 10 most profitable U.S. companies paid an average federal tax rate of just 9 percent last year. The group includes heavyweights Exxon Mobil, Apple, Microsoft, JPMorgan Chase and General Electric.

10 Most Profitable U.S. Corporations Paid Average Tax Rate Of Just 9 Percent Last Year: Report

I guess you're pretty clueless on everything you posted, aren't you?

Class dismissed.

 

[Oddball]

The bottom 40% isn't keeping pace. Why?


Simple, the liberals destroyed the American family and created millions of poor single mothers, unions shippped 30 million jobs offshore, the highest corporate taxes in the world keep pushing whole corporations off-shore, and record deficits and debt allow Japan and China to buy our debt and deficit rather than our products.

Way over your liberal head- right?

You're kidding, right?

How can anyone "create poor single mothers"?

How can unions "ship" jobs overseas?

And you have no clue on how corporate taxes work.

According to the financial site NerdWallet, the 10 most profitable U.S. companies paid an average federal tax rate of just 9 percent last year. The group includes heavyweights Exxon Mobil, Apple, Microsoft, JPMorgan Chase and General Electric.

10 Most Profitable U.S. Corporations Paid Average Tax Rate Of Just 9 Percent Last Year: Report

I guess you're pretty clueless on everything you posted, aren't you?

Class dismissed.

You don't give a fuck....You're just here to do your union hack ragging on Wally World.

Dismissed, party man tool.

 

[itfitzme]

Idjit lolberals make the qualification threshold for food stamps 165% of the poverty level, then bitch when people (most of whom don't work at Wally World) take advantage of the program.

Does the nincompoopery ever end?

Let's get some numbers in here. *130% of poverty level doesn't mean anything because it doesn't say what the povety level is. *Of course, these are SNAP references and then poverty level varies from region to region. *Some states use a different standard. *These are monthly standards.

135% poverty gross income, 100% of poverty for net income. SNAP expects 30% of income contribution to food. 130% of poverty is gross income of $1211, which equates to $7.00 an hour full time. Net income is 100% of poverty or $931 per month.

SNAP households are expected to spend about 30 percent of their resources on food. SNAP covers the rest. *So at best $847 of the gross covers all other living expences, basically.

There are other adjustments to gross income to get to net.

Eligibility

Oh....130% of the poverty level...I stand corrected....What's the other 30% for, since we do know that people making that little damn sure don't pay anything in income taxes?....In fact, they get a "refundable" (read: handout) EITC tax credit.

In any case, most of the positions at Wally World are entry-level jobs...And they're certainly nowhere near any kind of a large percentage of the entry-level jobs in the nation.

Long and the short of the matter is that the OP is just another boilerplate hit piece screed against Wal-Mart, by another in a long line of lolberal union hater goofs.

You will have to actually read the eligibility requirement if you want to know what "the other 30%" is for.

 

[Dont Taz Me Bro]

Wal-Mart Relies On Taxpayers To Subsidize Low Wages

.....Wal-Mart’s wages are so low that many of its workers must rely on food stamps and other government aid programs, costing taxpayers as much as $900,0000 at just one Wal-Mart Supercenter in Wisconsin

Wal-Mart has long been criticized for its pattern of offering wages that force its workers to take advantage of public-assistance programs. This recent study argues that the criticism is warranted. The company had more workers enrolled in the state’s public health care program in last year’s last quarter than any other employer.

Nevertheless, Wal-Mart stands by its current wage levels and the “opportunities it provides for its workers.”

Wal-Mart Relies On Taxpayers To Subsidize Low Wages - Business Insider

Don't work there.

 

[syrenn]

Wal-Mart Relies On Taxpayers To Subsidize Low Wages

Walmart does not rely on anyone to subsidize their employees. The lazy employees who dont want to get a second job rely on taxpayers to subsidize their income.

.....Wal-Mart’s wages are so low that many of its workers must rely on food stamps and other government aid programs, costing taxpayers as much as $900,0000 at just one Wal-Mart Supercenter in Wisconsin

just like everyone else in this country, not just low rent walmart workers.

Wal-Mart has long been criticized for its pattern of offering wages that force its workers to take advantage of public-assistance programs. This recent study argues that the criticism is warranted. The company had more workers enrolled in the state’s public health care program in last year’s last quarter than any other employer.

No one forces them to take pubic assistance. They do that all on their own.

Nevertheless, Wal-Mart stands by its current wage levels and the “opportunities it provides for its workers.”

walmart is paying government standard minimum wages. If anyone has a problem with that they can take it up with the government. Or better still, dont work for walmart and find a different job.

Wal-Mart Relies On Taxpayers To Subsidize Low Wages - Business Insider

idiot.

 

[EdwardBaiamonte]

How can anyone "create poor single mothers"?

feminism, no fault divorce, welfare, abortion, hip-hop culture, minimum wage. Ever wonder why the back family was as intact as the white family until the near genocidal liberal War on Poverty and Great society???

Is it just coincidence that now 72% of black kids are born to poor single mothers???

See why we say a liberal will be slow??

 

[EdwardBaiamonte]

How can unions "ship" jobs overseas?

by raising wages further and further versus the foreign competition. You may be the only person in America not to know that. Sorry!!

 

[EdwardBaiamonte]

And you have no clue on how corporate taxes work.

dear, US tax rates are the highest in the world!!!! What corporations pay is quite low. To pay so little they do what Apple just testified it does, namely, move to Ireland and many other places.

No need to feel slow, you are a liberal, and you have come to USMB, the place where liberals come to feel slow.

IF ever you see a liberal win an argument here please let me know.

 

[Dugdale_Jukes]

Wal-Mart Relies On Taxpayers To Subsidize Low Wages

Walmart does not rely on anyone to subsidize their employees. The lazy employees who dont want to get a second job rely on taxpayers to subsidize their income.




just like everyone else in this country, not just low rent walmart workers.






No one forces them to take pubic assistance. They do that all on their own.

Nevertheless, Wal-Mart stands by its current wage levels and the “opportunities it provides for its workers.”

walmart is paying government standard minimum wages. If anyone has a problem with that they can take it up with the government. Or better still, dont work for walmart and find a different job.

Wal-Mart Relies On Taxpayers To Subsidize Low Wages - Business Insider

idiot.

Not much question who the idiots are. It is the people who believe the contemptibly beyond-ignorant white trash nutball blather in blue above.

 

[EdwardBaiamonte]

Not much question who the idiots are. It is the people who believe the contemptibly beyond-ignorant white trash nutball blather in blue above.

are you too slow to say why it is blather?? You call names like a child indicating you have no brains at all. You're a Nazi like ego manic child who feels in your heart that when "you" call names it somehow has meaning. Please grow up.

 

[Dugdale_Jukes]

Not much question who the idiots are. It is the people who believe the contemptibly beyond-ignorant white trash nutball blather in blue above.

are you too slow to say why it is blather?? You call names like a child indicating you have no brains at all. You're a Nazi like ego manic child who feels in your heart that when "you" call names it somehow has meaning. Please grow up.

Edmund, Edouard, Eddie...

For some months I have published the facts about your New Dealer hero, the bobbleheaded puppet, Ronald Reagan. From publishing that voodoo economics is debt-fueled Keynesian horseshit to noting that "supply side" and "trickle down" are Madison Avenue-created sales propaganda, to publishing the precise words Reagan excreted on his final increase in the EITC, I have published the facts.

If you don't like the filigree and shadow around the facts, well, that's the whole idea. How does it feel to bumble onto something real, Ed?

(((FYI, Syrenn could possibly be a woman and not a man in drag, so your Sir Guyahead move might be for naught.)))

 

[EdwardBaiamonte]

How does it feel to bumble onto something real, Ed?

real??? you're an idiot for whom name calling is the only thing real. Its easy to prove that's all you are about: please make a short substantive argument in favor a substantive political or economic idea you support.

 

[Dugdale_Jukes]

Sure, Eddie.

Nutball hero Ronald Reagan's claim to fame is the "new economy".

George Bush described it as "voodoo economics".

Here is how it worked: Borrow a trillion dollars to pay out to military industrial corporations and finance sector parasites directly and another trillion dollars to pay out in workforce subsidies like the Earned Income Tax Credit, Food Stamps, CHIP, and so on, then cut taxes on high earners and increase taxes on the middle class and last but not least describe the FAKE PROSPERITY created by asset inflation a great success.

Effectively what Reagan did was trade America's future for about twenty-five years of mediocre success by post-WWII standards. How he did it is described accurately above.

Happy now, are we, Edouard?

 

[EdwardBaiamonte]

Sure, Eddie.

Nutball hero Ronald Reagan's claim to fame is the "new economy".

Too stupid as usual, he was a politician who had to make many compromises with liberals so in the end produced an economy that was mixed as it always had been between capitalism and socialism. Nevertheless, he is considered a great great beloved hero of ours because he ended the cold war, ended the threat of nuclear anniliation, freed 2 billion people, introduced capitalism to billions, and spoke the truth about economics although as a mere president was not able to implement much capitalism on his watch.

 

[midcan5]

The right wing in American are the greatest apologists for corporate greed in the history of the world. Brain washed puppets. Imagine for a moment if some company's primary supplier of manufactured materials were a communist country - oh yea, that is Walmart. Communists are fat and happy that America's largest corporation supports them and not the American manufacturer (see excerpt below) or worker. Isn't that wonderful. Add to that the puppet singers on the right, and the commies must be very happy. Odd that the same idiots accuse our current administration of socialist leaning while they sing alleluia for Walmart's Chinese junk. The commies love you wingnuts, you're all about that free market thing.

http://www.nytimes.com/2011/10/21/business/wal-mart-cuts-some-health-care-benefits.html
[ame=http://www.amazon.com/Wal-Mart-Effect-Powerful-Works---Transforming/dp/0143038788/ref=sr_1_1?s=books&ie=UTF8]The Wal-Mart Effect: How the World's Most Powerful Company Really Works--and HowIt's Transforming the American Economy: Charles Fishman: 9780143038788: Amazon.com: Books[/ame]
Making Change at Walmart
WAL-MART: The High Cost of Low Price
Value and Values at Wal-Mart -- Behind That Implacable Smiley Face
As Union Nears Win, Wal-Mart Closes Store
Majority Says Wal-Mart Bad for America: Poll
Wal-Mart Subsidy Watch - brought to you by Good Jobs First

Another example.

"It was here in the 1920s that Rubbermaid engineered its famed rubber dust pans, an eminently practical item that became the first of many products that made Rubbermaid a household name. The company opened plants elsewhere, but the big gray stone building on Akron Road remained its heart and soul. Together with the company's nearby corporate staff, Rubbermaid's 1,600 employees made it the largest employer in the northeastern Ohio town of24,000.

A good corporate citizen, Rubbermaid contributed to the arts, led a drive to refurbish an old movie theater into a cultural center, and sparked a downtown renaissance by opening a retail store on Market Street. It was perennially named one of America's finest companies and more than once snared Fortune magazine's top honors as "America's Most Admired Company." No one who worked the factory floor was getting rich. But it was steady work, and it was not uncommon to find three generations of a family on the payroll. Judy Bowman, who worked there for thirty-two years, recalled, "It was like a big family."

The forces eroding America's industrial base did not hit Rubbermaid in full until the 1990s. One of the most severe tests came in 1995 when the company lost a contract to supply Walmart with dozens of household items. Walmart, famous for squeezing suppliers for the lowest possible price and pressuring them to go offshore to keep costs down, balked at a proposed price hike from Rubbermaid. Rubbermaid had opened plants in Mexico, Korea, and Poland, but the bulk of its manufacturing was still in the United States. When negotiations failed, Walmart severed the relationship and turned to other suppliers, delivering a body blow to the company's U.S. manufacturing.

Later that year, Rubbermaid cut its workforce by 9 percent and closed nine facilities-the first significant retrenchment in its history. Four years later, the company was bought by Newell Corporation, a global consumer products giant known for costcutting and cutthroat management. Newell shifted work from Wooster's rubber division to Mexico and relocated the corporate staff to Atlanta. The Rubbermaid workforce in Wooster was reduced to less than 1,000.

None of the Wooster workers had any illusions about their new bosses, but even so, they were in for a shock. On December 10, 2003, Newell announced that the Wooster plant would be shut down within months. Shock and disbelief swept through the Rubbermaid community. Many employees had never worked anywhere else. All of them wondered what they would do." p41 'The Betrayal of the American Dream' by Barlett / Steele

 

[Dugdale_Jukes]

Sure, Eddie.

Nutball hero Ronald Reagan's claim to fame is the "new economy".

Too stupid as usual, he was a politician who had to make many compromises with liberals so in the end produced an economy that was mixed as it always had been between capitalism and socialism. Nevertheless, he is considered a great great beloved hero of ours because he ended the cold war, ended the threat of nuclear anniliation, freed 2 billion people, introduced capitalism to billions, and spoke the truth about economics although as a mere president was not able to implement much capitalism on his watch.

Jeez, Edgar, your response is a an excuse followed by a lie.

Is that how they teach you nutballs to explain Reagan's failure to control spending? To lie about his willingness to spend like a syphilus ridden drunken sailer on a dead ender binge, then blame it on the whore he paid for it?

Did I mention how offensive your name calling is, Ed? It just really hurts me a lot.

 

[EdwardBaiamonte]

Is that how they teach you nutballs to explain Reagan's failure to control spending?

It would have been a lot easier if Reagan had not been so worried about world peace, winning the cold war, nuclear annihilation, freeing 2 billion people, introducing capitalism to Russia and china, saving 30 million from starvation, etc. and of course if Democrats believed in less welfare rather than more.

See why we are 100% positive a liberal will be slow??