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a few Repugs are on board with spending a little more on heating assistance to prevent cuts in food stamps: http://www.nytimes.com/2014/03/21/op...f=opinion&_r=0
Probably need to read page one of this thread, Sparky.
a few Repugs are on board with spending a little more on heating assistance to prevent cuts in food stamps: http://www.nytimes.com/2014/03/21/op...f=opinion&_r=0
The four Walmart family members are given, without working a second, enough money to employ over one hundred thousand associates who do work 30-40 hours a week.
I do find that shocking to the conscience.
Last edited by RandomGuy; 03-21-2014 at 12:23 PM. Reason: stupid decimal places.
Walton family stuffing their pockets by not paying their low-end employees living wages and benefits, while taxpayers top up the Walton employees.
double post
3.1bn / 25,000 = 1,240,000
http://stock.walmart.com/faqs/"At the end of fiscal year 2013, Walmart and its subsidiaries employed approximately 2.2 million associates worldwide, with approximately 1.3 million associates in the United States."
Consider "most" to be 60% to be conservative.
2,200,000 * .6 = 1,320,000
Let's take half of those dividends, and give them to the associates making under 25k per year. After taxes that is an extra 700 bucks or so a year. Not exactly chump change to people having to triage what bills they can pay. A 2% raise after taxes essentially.
Pretty much. 15% tax rate on dividends, versus the 24% FICA and SS tax rate before any income tax kicks in.
Kinda leaves a lot of the whining about punishing success more than a little hollow, IMO.
Educate yourself to move beyond working at Walmart.
Also, stop shopping at Walmart if you don't believe in what they do.
This is a very difficult topic for people to discuss because there are morals, feelings and business all mixed up into one giant conversation. By believing that people control their own destinies (especially in America) you run the risk of coming off as callus. On the other hand, I don't believe many people despite a strong devotion to the ideology of "work harder if you don't like your cir stances" feel good when they see someone starving.
Plus, everyone's experiences play a role in what they believe. When I read the "Walmart" articles what always strikes me as odd is how the articles seem to paint the picture that the rich are "bad" and the worker is "good". Why not just say they aren't wrong, but paint the same picture on how they could influence things better if they choose to? Also, I have witnessed a lot of the lifestyles of the so called poor such as the Walmart employee. My girlfriend works strictly with this segment of the population on a daily basis. You would be shocked how that same person in the article complaining about their month to month bills will have a 50' Samsung HD TV and full cable with HD and movie channels. Not to mention pretty damn expensive clothes. There's a lot of lack of education there and no knowledge of wealth management in many of these homes and that is an issue. This isn't conjuncture either - while it doesn't speak to everyone, I can only speak to what I've seen on a regular basis.
simpleton! or better, dumb !
ditto my previous post!
Do you work with this segment of the population? If so, how much do you see inside their homes and lives? Honest question as I am trying to gauge your working knowledge of the people we are discussing.
I don't shop at Walmart by the way.
Do you?
So you commented on my post without actually reading it? I guess that answers the question.
So your point is that the low-paid poor (esp blacks and browns, of course) are really lazy and not actually poor (same bull as Heritage stink tank) and only have to lift themselves up by the self-educating bootstraps to escape poverty and the horrible familial and social culture they were raised in and live in.
No
So you have no commented on my post without reading it while managing to dodge the very simple question posed to you. You are the largest problem in this country IMO. Stupid and loud.
you seem earnest, but
Edit...too late. lol
My current consulting gig would pay about 10 Walmart salaries.
How many should I bail out?
Although...that's kinda apples/oranges. Maybe I could subsidize some of the accounting clerks....they aint pulling down alot of coin.
The family of walmart makes more money than tens of thousands of associates.
Serious question:
When does it become a problem for you?
The concentration is accelerating.
How much poor to rich wealth transfer will have to take place before you are shocked or concerned?
(edit)
Please take this an honest, non-snarky question. I mean it earnestly, because it seems a question that should be answered by anyone, when considering how our political system should be structured.
And if someone can't?
The number of working poor who are holding down more than one job kind of belies the "they need to work harder" schtick.
Blaming the victim is intellectually lazy, and morally reprehensible, IMO.
The rich aren't "bad" and the worker "good".
People should work hard if they want to improve their situation.
People who make poor decisions, will always be poor.
That doesn't make them less than human.
I would push for financial education as part of a poverty solution, and I think most would agree.
Question:
How do we go about providing that to adults who are poor now, and/or their children?
There is a pretty good argument to be made that such education would more than pay for itself in economic growth and improving living standards.
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