Thursday, November 15, 2012 8:21:18 PM
Normally I would say, go work somewhere else or whatever, but these people have a point. The Wal-Mart family is a small group of money-grubbing whores. I thank God I'm in a recession proof business that pays well, but these people are getting the shaft. These are the things we should all unite with others for. 1 family has so much wealth. There is nothing wrong with having a ot of money from your business doing extremely well, but pass some of that on to your employees. This is the very definition of greed.
Wednesday, November 14, 2012 2:28:00 AM
@VirtualParty "They need a union. Crackr jack, unions are simply good things."
I disagree, some unions are good and work with employers to improve conditions and do affordable wage increases. Others such as RMT and Bob Crow are downright irresponsible. Do you know why Tube drivers earn more then teachers and bunch of other respectable professions despite the fact the UK tube has been upgraded to run on computers? The RMT. Their Union leader who earns 100k+ a year and yet still lives in social housing(designed for people who don't have living wages) freely admits he`ll never stop no matter how good a deal he get`s for his workers. Contrast that with German unions who work very well with their businesses. But we in London are held hostage every Xmas(triple pay) every big event or whenever they want another holiday or pay rise. It`s insane! Unions are not inherently good or bad. As Walmart managers are not inherently good or bad depends on the bastard in charge.
Tuesday, November 13, 2012 8:54:22 PM
If American employers paid there workers enough then they'd have more money to buy things and so companies would make more. It`s a simple positive feedback loop. This is a common fallacy held by people who lack even the most rudimentary understanding of economics. Let me explain:
Let`s say Amy works in a dildo factory. After the cost of labor, materials, wages, taxes, insurance, utilities, rent, advertising, etc., a dildo costs $5 to make, and they sell for $10. Dick decides to give Amy a $10 raise. Amy decides to celebrate by buying herself a brand new $10 dildo. Dick got his $10 back, but now he`s short a dildo, which means when the dust settles, he`s out $5. If next week Amy decides to use her $10 windfall to buy a 12-pack of malt liquor, Dick doesn`t get dick. He`s just out $10.