No, they became #1 because they pay their workers like shit, and we pick up that tab. Walmart made $14B in profit last year, yet Walmart workers cost American taxpayers $6B in welfare. So we subsidize nearly half of Walmart's profits because they pay their workers like shit. That's how they got to #1. Not because they offer anything worthwhile (they're just a retailer), but because we subsidize their profits by providing welfare to their under-paid workers.
Walmart pays their workers no less than similar stores like Target or K-Mart. You've been brainwashed by the left to believe that Walmart is somehow different. They are not.
Walmart offers employees the best shot at advancement. I knew one person who left his industry job to work at Walmart full time. He was part-time making extra money, but they offered him a management position that had better pay and medical benefits. Speaking of which......
The Democrats have you hypnotized on shelf stockers and floor sweepers. The truth is Walmart treats their management very well, they treat their office personnel very well, their warehouse people do great, and so do Walmart truck drivers.
If you believe we are subsidizing Walmart workers, vote conservative, because Walmart doesn't control our social programs--government does. Walmart has nothing to do with it.
******* bullshit there too! No union helped move an $18/hr job from Ohio to China where workers get $18/day. That's all about corporate greed. Unions have nothing to do with that. You seem to be arguing that in order to keep jobs, we should accept the same wage that workers in third world nations get. Is that what you truly believe? Because that's the only way to bring the jobs back...by paying American workers the same wage they pay Chinese workers, and reduce standards to the same conditions of that in third world nations. Is that what you think? That American workers should work for the same wages those in China work for? Really?
I never said that. What I said is that unions out priced us in the world market. Back in the day, when unions got American workers a dollar more an hour, other countries went up three cents. The next year the same, and the next year the same........
When a business decides (or is forced) to move overseas, they have to calculate transportation costs back to the US and other places. While the Chinese workers make a pittance compared to US workers, transportation costs eat up a lot of that savings. If they are a multinational company and serve other countries outside of the US, their new location may cost them even more money.
For instance, when I get a call to go to a container company and pick up freight, I have to transport that freight to a warehouse somewhere. Prior to that, the freight came in on a boat which had to be counted and checked in. A container driver had to haul that freight to the container port. Paperwork has to be processed. After I drop off the freight to a warehouse, some company has to pickup that freight to deliver to the stores or businesses for other processing work.
What specific regulation? Do you have an example? Do you mean those awful government regulations that make workplaces safe? Or the awful government regulation of having to make buildings wheelchair-accessible? What the holy **** regulations are you talking about???? Because frankly, your arguments sound like they came right from your ass. I think you think you can skirt by on just vaguely referring to "regulations" because you don't want to do the hard work of identifying those regulations you find so onerous, and justifying their removal despite the negative consequences of doing so. Admit it...that's what you're about, right? Too lazy to do the work so you sloppily cobble together a perspective from shit.
Red Tape Rising 2016: Obama Regs Top $100 Billion Annually
Small businesses hope to see Obama-backed rules scrapped
https://www.usnews.com/opinion/econ...s-small-businesses-with-excessive-regulations
Again, that's bullshit. Outsourcing jobs is purely, 100% about increasing profit margins and nothing more. It's not about lowering product costs to consumers...PLEASE! Who ******* believes that shit? Nike has outsourced its sneaker manufacturing for decades, are the price of Nike sneakers now lower? **** no. So what the holy **** are you talking about??? You're just pulling this shit from your ass, right?
No, I'm trying to explain to you how business works.
Companies are not all in cahoots with each other, they compete against each other. They try to out beat each other out to get customers.
Outsourcing is only a part of the problem. The larger problem is automation. Robots and industrial equipment keeps coming down in price while labor keeps going up. Like outsourcing, eventually it comes down to cheaper labor by investing in automation.
Automation doesn't ask for raises. Automation doesn't fall under Commie Care. Automation doesn't complain or ask for days off. Automation works 24/7.
Do businesses try to create more profit? Yes they do, but it's not a dollar factor, it's a growth factor.
Businesses (especially large ones) depend on investors to keep their business running. Example: let's say that you ran across a small fortune: a lottery ticket, a wealthy relative dying, a lawsuit. Now everything you have is paid for, so the only smart thing to do would be to invest your money.
But you know nothing about investments, so you seek help. You want something safe, something that has reasonable growth, and something that is long term.
Your agent comes up with two companies for you to choose from. One is a company that has a 3% growth rate. The second company has a 7.5% growth rate. Which company will you choose to invest your money in?
Before you answer, there is another thing: the first company has a gross of 4.5 billion dollars a year. The second has a gross of 2.5 million a year. Does that change your mind any? Of course it doesn't. You could care less how much they gross, you only care about their growth since that's what you are investing your money for.
For the first multibillion dollar company to compete against the second, they need to increase their growth anyway they can, because other investors will do the exact same thing as you did.