The Wal-Mart debate

[sickdsm]

When does a big company become to big…??? = Wal mart................

No, a big company is to big when its bigger than yours.


Same as everthing in life.

[RandomGuy]

If a company came out and stated that their feduciary responsibility to the shareholders was secondary to their responsibilities to their customers, their employees and their community it would be interesting to see what happened to their stock.

It depends on the shareholders, and board of directors.

[ShackO]

Their stock is up 20 bucks a share in the last three years. Isn't that pretty good?

[Clandestino]

if you pay extra for the same product that you could by at walmart, but don't for bull reasons, then you're just a ing idiot...

[Clandestino]

click on the picture to enlarge.. walmart is on top...

[Extra Stout]

I avoid shopping at Wal-Mart because it's worth it to pay a little more not to be around so much white trash.

[Obstructed_View]

if you pay extra for the same product that you could by at walmart, but don't for bull reasons, then you're just a ing idiot...

So it's okay if walmart is avoided for legitimate reasons, right?

[Obstructed_View]

click on the picture to enlarge.. walmart is on top...

So in addition to what I already said, Walmart is down 10 in the last three years. I'm still waiting for someone to explain how being up 20 bucks a share in three years is bad.

[ShackO]

if you pay extra for the same product that you could by at walmart, but don't for bull reasons, then you're just a ing idiot...

Much of the crap (made in AMerica) wmt sells is just that crap..... I am not impressed with selling a cheap shirt cheap.......

You shop were you want.... ANd I will as well..... I can afford to buy local and not drive 20 miles to save 15 cents............

Many communities across the country are choosing NOT TO HAVE A WAL-MART..

[Yonivore]

I don't think the original article hates on Walmart, it just says that Walmart needs to learn to balance profits, wages for employees, and low prices. Nothing wrong with that, I think everyone would rather that employees who are working hard should earn a living-wage rather than having to collect all sorts of benefits from the government.

Define "living wage."

[DarkReign]

I avoid shopping at Wal-Mart because it's worth it to pay a little more not to be around so much white trash.

Bingo.

But me personally, I dont struggle financially. i can choose where I shop based on principles alone.

If that makes me stupid by your definition, I dont give a .

[Obstructed_View]

Define "living wage."

A wage that, when everyone is earning it, isn't enough to live on.

[sickdsm]

I think its funny that most of the people locally that say "I don't shop at Wal-Mart because..........." for whatever reason, you end up seeing there hypocritical ass's slinking away in some department or another.

[Yonivore]

A wage that, when everyone is earning it, isn't enough to live on.

Exactly.

Raise the minimum wage and you raise prices or increase unemployment. Basic economics.

[Yonivore]

neoconomics

So, where does the money come from to pay higher wages without reducing labor?

[NBA Junkie]

..... I can afford to buy local and not drive 20 miles to save 15 cents............

With gas prices being what they are, you'd defeat the purpose anyhow.

[Yonivore]

....unless the minimum wage is Way TOO RIDICULOUSLY LOW already

Even having a minimum wage is ridiculous.

Prices are driven by the costs to deliver products bearing the prices. Raise wages and prices rise accordingly and, uh oh, all of a sudden, a $15/hour minimum wage is no longer a "living wage."

However, establishing a minimum wage artificially keeps wages low because, well, everyone knows that all they have to pay people. If you removed the minimum wage altogether, there'd be more compe ion between retailers to keeps qualified employees.

No one has to work for Wal-Mart.

[RandomGuy]

Bingo.

But me personally, I dont struggle financially. i can choose where I shop based on principles alone.

If that makes me stupid by your definition, I dont give a .

I agree, profanity and all.

My soul is worth more than any money saved at walmart. If you don't have enough of a ing conscience to realize that people are worth more than a few pennies saved, god have mercy.

[Extra Stout]

So in addition to what I already said, Walmart is down 10 in the last three years. I'm still waiting for someone to explain how being up 20 bucks a share in three years is bad.

I guess I stand corrected.

[cecil collins]

Even having a minimum wage is ridiculous.

Prices are driven by the costs to deliver products bearing the prices. Raise wages and prices rise accordingly and, uh oh, all of a sudden, a $15/hour minimum wage is no longer a "living wage."

However, establishing a minimum wage artificially keeps wages low because, well, everyone knows that all they have to pay people. If you removed the minimum wage altogether, there'd be more compe ion between retailers to keeps qualified employees.

No one has to work for Wal-Mart.

That's a bunch of bull . If there were no minimum wage, with unemployment like it is, in' corporations would be paying 3 dollars an hour. You are so incredibly stupid if you think that minimum wages cause wages to stay low.

[Extra Stout]

Even having a minimum wage is ridiculous.

Prices are driven by the costs to deliver products bearing the prices. Raise wages and prices rise accordingly and, uh oh, all of a sudden, a $15/hour minimum wage is no longer a "living wage."

However, establishing a minimum wage artificially keeps wages low because, well, everyone knows that all they have to pay people. If you removed the minimum wage altogether, there'd be more compe ion between retailers to keeps qualified employees.

No one has to work for Wal-Mart.

There is a case that a minimum wage, rather than forcing employers to pay more, instead simply eliminates jobs that would earn less than the minimum.*

There is no evidence that employers would be paying $7 a hour rather than $5.15 were there no minimum.

*Of course, illegal immigration makes the whole point moot.

[01Snake]

Who the makes minimum wage anyway? I worked at HEB when I was 16 and made more than minimum wage.

[01Snake]

*Of course, illegal immigration makes the whole point moot.

[Guru of Nothing]

if you pay extra for the same product that you could by at walmart, but don't for bull reasons, then you're just a ing idiot...

I'll meet you at the buffet.

[RuffnReadyOzStyle]

Why does everyone hate on Wal-Mart? They are simply capitalizing on American's excessive needs to have everything at a low price.

Well, the answer to your question is in the article.

However, in response to your statement, ain't that the truth.

The elephant in the room not under discussion though is what ever happened to a guarunteed minimum living wage??? The people at the bottom of the pile are being squeezed more than Paris Hilton's breasts in a Las Vegas backroom, corporations make more and more money without any semblance of social responsibility (which is understandable given the requirements of fiduciary responsibility)... the problem is not what Walmart are doing, THE PROBLEM IS THAT THE LAW ALLOWS THEM TO DO IT!

What ever happened to a legally mandated minimum living wage? No-one but goverments can force employers to give their employees decent minimum conditions. Unfortunately for the poor old worker though, both sides take huge political donations from Big Business, so their rights have been sold to the highest bidder.

The days of fairness are long gone, the days of oligopoly/monopoly power have just begun...