Dad2three
Gold Member
No danger of that happening with Progressives in power...Sad isn't it that more and more people become worth less and less every year?You really don't understand how businesses are run, do you? Walmart operates on a 3% profit margin; minuscule in American business, yet it's their fault people are poor.Companies like Walmart and McDonalds are the ones creating the “poverty trap”. While making record profits and their CEO’s making record salaries their employees need to supplement their income with using taxpayer funded anti-poverty programs ….AFDC, child tax credits, earned income credits, Section 8, school meals, Medicaid, WIC & home energy assistance to supplement income.
And as long as folks continue to whine about the "lazy" people who don't want to work, they are doing the bidding of the wealthy who want us to keep fighting among ourselves so that they can continue to screw us all. Maybe one of them has found a way to take their wealth with them after they die. That might explain this mentality of continuing the acquisition of wealth over all else.
The GOP does not help people unless they are a corporation.
If you dropped out of high school when you got knocked up or arrested for selling dope and have learned no marketable skills, you are worth very little in the labor market. Just about anyone can put boxes on a shelf or move items past a scanner and count out change that a cash register computes for you. Your wage is figured, not on your skills and marketability in the labor force, but on how long it will take to train your replacement.
Walmart keeps labor costs low in order to keep the price of that 60" Vizio at $898 so you unskilled, unmotivated morons can afford one.
Let's say Target decided to pay a minimum of $15/hour to all employees. Where would you buy your flat screen? There, for $1,400 or at Walmart for $900?
Walmart is successful because there is a glut of cheap labor. They did not make their employees only qualified for minimum wage jobs.
Weird, PRE Reaganomics ('free trade', Corp WELFARE expansion, LARGE tax breaks for 'job creators AS they sucked out nearly 300% of the pie than they had held historically, war on unions, etc) did the US wages of the bottom 90% stagnate or fall? Or did it grow? Were there high school drop outs then?
Third World countries. One of the things they all had in common was a small, very rich elite, small middle class, and a large lower class. They also shared very low economic growth as a result. This has been known for at least 50 years. The US has been going in this direction for at least the last 30 years as we have gradually de-industrialized and government policies (such as trickle down economics) have promoted the shift of wealth from the lower and middle classes to the economic elite
In 1980 the top 1% earned 8.5% of total income. In 2007 they earned 23%.
In 1980 the bottom 90% earned 68% of total income. In 2007 they earned 53%.
Summary of Latest Federal Income Tax Data Tax Foundation
Again, idiot. The fact that you are only worth $6.50/hour is because your only skill is flipping burgers. That is NOT Walmart's fault.
WORTH? lol
"The only orthodox object of the institution of government is to secure the greatest degree of happiness possible to the general mass of those associated under it." Thomas Jefferson
"Unhappy events abroad have retaught us two simple truths about the liberty of a democratic people.
The first truth is that the liberty of a democracy is not safe if the people tolerate the growth of private power to a point where it becomes stronger than their democratic State itself. That, in its essence, is fascism — ownership of government by an individual, by a group or by any other controlling private power.
The second truth is that the liberty of a democracy is not safe if its business system does not provide employment and produce and distribute goods in such a way as to sustain an acceptable standard of living. Both lessons hit home. Among us today a concentration of private power without equal in history is growing."
- FDR - Simple Truths message to Congress (April 29, 1938).
The standard of living seems to be acceptable to the employees of Walmart, McDonald's Burger King etc. If it weren't, they would me sufficiently motivated to get the training and education necessary to promote themselves into a higher paid position.
Again, Walmart didn't make you drop out of school. Walmart didn't force you to refuse to learn marketable skills, but since you did, they will pay you what you are worth, just like you will continue to shop where you get the best value for your dollar.
IF the majority of jobs the 'job creator' CHOOSE to bring US is low wage jobs, as they have for a long time, how do we fight this? AS the 'job creators have TAKEN nearly 300% MORE of the pie than they had historically taken AND cut their tax burden on the total by 40%???
Honesty, try it. Libertarian bullshit has NEVER worked