How much are we willing to sacrifice Christie Waltons lifestyle to ensure the people running the stores that create her profits are compensated to support their family and not receive welfare.
Anyone who has seen the Documentary on Wal-Mart knows that Wal-Mart pushes it's Managers to give under paid employee's Welfare paper "hand outs" when they ask for a raise.
Why is it ok that Christie keeps so much yet the tax payers have to compensate for America's biggest employer?
You must be new to the thread, because we covered this already.
First off, you are *NOT* going to sacrifice Christie Walton lifestyle no matter what you do. There is no law you can make, no regulation you can enforce, that is going to cause Christie Walton the slightest discomfort.
You keep forgetting... she OWNS this company. If she and her fellow owners, are not compensated to the degree they wish, they could close the company, walk off with billions, and retire to small island with private servants to spend the rest of their lives in luxury.
Do you want jobs, or not? Do you want Walmart's 2.1 Million employees employed, or not?
It's like just yesterday, a guy at work was b!tch and moaning about the CEO going out and buying stuff for a work trip to Florida, and how wasteful it was.
Whether it was or not, is irrelevant. It's not his money. It's not your money. It's not your company. What part of this do you people on the left not get? It's not yours! "well blaw blaw blaw" Doesn't matter. IT IS NOT YOUR MONEY.
We used to have this concept in America "Nonya". Nonya business. You have no right whatsoever to talk about what other people should do with their money. Nonya.
And we both know right now, that if I came to your home and started complaining "you shouldn't have that, you could feed 15 orphan kids in Uganda with that money! You shouldn't buy those things. That's wasteful! How dare you spend all that money! Blaw blaw"
If I did that, you would tell me to shut up, and get off your property... AND RIGHTLY SO. It's none of my business what you do with your money.
How about we start applying those fundamentals to business owners as well? Nonya business what they do with their money. How America ended up with such nosy busy-bodies that run around sticking their fingers in everyone's business, is beyond me. How did we end up with such childish pathetic whiny people in our culture?
Secondly, and I have said this numerous times, any chain business, is setup so that each individual store is a separate business.
I don't know why this concept is so hard. Each store.... is run like a separate business. If your store doesn't have $10,000 extra, so that you can get a raise, then you can't get a raise. Doesn't matter what Walmart Corporate has. They could have TRILLIONS of dollars.
Your individual store has to make, or break payroll on it's own. Your store has to pay out it expenses alone. Doesn't matter what Corporate has. Corporate could have trillions, and if your individual store doesn't have money to pay you more, then it can't pay you more. Period.
And this last point proves it.
Thirdly, and this has been mentioned dozens of times, every single time that you try and harm the company, you only harm yourself.
I said at the very start, you are not going to 'sacrifice Christie Walton's lifestyle', and I meant it.
Every time that you pass a law, the only result is that the people harmed are yourself.
The reason is because every single penny that a company gets, is either by paying employees less, or charging customers more. And every time you pass a higher minimum wage, that is exactly what happens.
I was working at Wendy's back in the 90s. After Clinton increased the minimum wage, over the next year or two, Wendy's fired off all their part time employees. The remaining employees had to cover the jobs the fired employees did.
Further, they slowly over months and month, reduced the portion sizes. They shrank the size of the small medium and large, and then introduced the "Biggie" size with a higher price. The Biggie was actually the size of the original large. Large became the size of the medium, and the Medium the small, and Small was eliminated. For several years, Wendy's only had a medium, large and Biggie size drinks and fries.
In other words, they increased their prices.
Fast forward to today. Same thing happened after 2009. I just read an article just last week, that the average employees per Walmart store in 2007 when the minimum wage was $5.25, was 330 employees per store.
In 2010, when the minimum wage was up to $7.25, the average number of employees per store, was down to 270.
Walmart has 11,000 locations. That's a loss of 60 jobs per store. That's over half a million unemployed people that could have had jobs.
Now who 'sacrificed lifestyle' because of that minimum wage increase? Christie Walton? Or those half million unemployed? (hint: Not Christie. She's doing fine)
I just read yesterday, the retailers across the country are reducing the net-weight of consumer goods. So a box of Cherios at the store, now holds less Cherios, for the same price.
Again, who is 'sacrificing lifestyle' because of that minimum wage increase? Christie Walton? Or the 300 million people of the US that now have to pay a higher price for goods? (hint: Not Christie.)
Minimum wage hurts absolutely everyone, and especially the employees, EXCEPT for the rich and wealthy.
When you try and hurt the rich and wealthy, the only one you hurt is the poor and middle class. That's the way it ALWAYS works.
