Showing posts with label Walmart. Show all posts
Showing posts with label Walmart. Show all posts

Monday, August 31, 2015

Economics 102: Walmart Cuts Workers Hours After Hike In Minimum Wage

Economics 102: Walmart Cuts Workers Hours After Hike In Minimum Wage - Zerohedge.com

Excerpt from this article:

"And then there’s Wal-Mart. Earlier this year, the retail behemoth became one of several corporate heavyweights to raise wages for its meagerly compensated workers, around 500,000 of which are now set to receive at least $9/hour and $10/hour by Q1 2016. The move will cost somewhere around $1 billion this year. Now one thing that should have been abundantly clear from the start is that if ever there were an employer that could ill-afford a $1 billion across-the-board pay raise without immediately making up the difference by either firing some employees, cutting hours, or squeezing the supply chain it’s Wal-Mart. After all, they’re the 'low price leader', and you don’t hold on to that title by passing labor costs on to customers."
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Recommended reading:

Florida Gov. On Gov't Medicaid Expansion; 'Trillion Dollar Deficits -- Would You Do Business With Them?' - cnsnews.com
Total US Debt Rises Over $18 Trillion; Up 70% Under Barack Obama - zerohedge.com
Nancy Pelosi: I'm All for Balancing the Budget...in a Few Decades!" - michellemalkin.com
The $17 Trillion Dollar Party - theeconomiccollapseblog.com
University of California Study: National Debt Really $70 Trillion  - thenewamerica.com
Explaining the Obama Economy to 6th Graders

Saturday, March 28, 2015

Why Do Walmart Haters Hate Customers?

Why Do Walmart Haters Hate Customers? - lewrockwell.com

Excerpt from this article:

"I recently had some feedback, bashing Wal-Mart – the typical stuff: they aren’t fair to suppliers, they aren’t fair to employees, they are cut-throat with competitors...The employees and suppliers are not forced to work at Wal-Mart.  Full stop.  As to the competitors, they have no property right in customers....Wal-Mart directly has impacted the competitive nature of every other retailer.
Virtually every individual in the United States benefits from Wal-Mart." 
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I used to to go to an eye doctor that was a Walmart hater - he would tell me that he has never stepped inside of a Walmart before - and never would. He didn't elaborate, but I'm sure it had something to do with the fact that Walmart offers eye exams and glasses cheaper than he was able to.

Personally, I love Walmart and shop there frequently. Don't hate Walmart. Hate the politicians - on both sides of the isle - that turned America into a "Walmart Nation!"

Patrick Buchanan has written many good books, but one of his best is:

The Great Betrayal: How American Sovereignty and Social Justice Are Being Sacrificed to the Gods of the Global Economy

Here is an excerpt from this great book:

"No site better captures yesterday's America than Detroit, forge and furnace of America's democracy. Detroit is the burned out case of American cities. The Empire of the Sun has its revenge. Japanese imports helped kill the city that built the weapons that destroyed the empire. Now grandsons of the soldiers of the imperial army work at high paying manufacturing jobs once held by the fathers of ten-dollar-an-hour retail clerks in Macomb County.

"But why blame the Japanese? We did it to ourselves. We Americans created a post war trading regime, in which, over 25 years, Japan bought 400,000 American cars while selling us 40 million Japanese cars, a ratio of 100:1. One president after another sat still while a third of America's greatest industry was shipped off to Japan...

"Americans no longer make their own cameras, shoes, radios, TVs, toys. A fifth of our steal, a third of our autos, half our machine tools, and two-thirds of our textiles are made abroad...

"The decline and fall of Middle America was neither preordained nor inevitable. It was engineered in Washington D.C. Wages have fallen and the standard of living of American families has stagnated because of a basic law: the law of supply and demand. The price of labor has been dropping because the supply of labor has exploded...

"Having declared free trade and open borders to be American policy, why are we surprised that corporate executives padlocked their plants in the Rust Belt and moved over seas?  Why keep your plants here when you can manufacture at a fraction of the cost abroad, ship your goods back, and pocket the windfall profits that come from firing $20 an hour Americans and hiring fifty-cent-an-hour Asians? A pair of Nike's that sells for $150 in the United States costs $5 in wages to make in Indonesia. Any wonder that Nike president Philip Knight is the fifth richest man in America, with $5.2 billion, while his Indonesian workers make 31 cents an hour?" (Emphasis mine)

Recommended reading:

What Walmart Knows about Hispanics that Liberals Don't - nationalreview.com
The $2.6 Billion Dollar Welfare Payment That The U.S. Government Gives To Walmart - thedailysheeple.com


Tuesday, December 30, 2014

The $2.6 Billion Dollar Welfare Payment That The U.S. Government Gives To Walmart

The $2.6 Billion Dollar Welfare Payment That The U.S. Government Gives To Walmart - thedailysheeple.com

Excerpt from this article:



"Because Wal-Mart does not pay them enough money, hundreds of thousands of Wal-Mart employees enroll in Medicaid, food stamps and other social welfare programs.  Even though Wal-Mart makes enormous profits, they refuse to properly take care of their employees so the federal government has to do it.  And of course this is not just a Wal-Mart problem.  There are hundreds of other major corporations doing exactly the same thing."

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Recommended reading:

The Great Betrayal: How American Sovereignty and Social Justice Are Being Sacrificed to the Gods of the Global Economy

Here is an excerpt from this great book:

"No site better captures yesterday's America than Detroit, forge and furnace of America's democracy. Detroit is the burned out case of American cities. The Empire of the Sun has its revenge. Japanese imports helped kill the city that built the weapons that destroyed the empire. Now grandsons of the soldiers of the imperial army work at high paying manufacturing jobs once held by the fathers of ten-dollar-an-hour retail clerks in Macomb County.

"But why blame the Japanese? We did it to ourselves. We Americans created a post war trading regime, in which, over 25 years, Japan bought 400,000 American cars while selling us 40 million Japanese cars, a ratio of 100:1. One president after another sat still while a third of America's greatest industry was shipped off to Japan...

"Americans no longer make their own cameras, shoes, radios, TVs, toys. A fifth of our steal, a third of our autos, half our machine tools, and two-thirds of our textiles are made abroad...

"The decline and fall of Middle America was neither preordained nor inevitable. It was engineered in Washington D.C. Wages have fallen and the standard of living of American families has stagnated because of a basic law: the law of supply and demand. The price of labor has been dropping because the supply of labor has exploded...

"Having declared free trade and open borders to be American policy, why are we surprised that corporate executives padlocked their plants in the Rust Belt and moved over seas?  Why keep your plants here when you can manufacture at a fraction of the cost abroad, ship your goods back, and pocket the windfall profits that come from firing $20 an hour Americans and hiring fifty-cent-an-hour Asians? A pair of Nikes that sells for $150 in the United States costs $5 in wages to make in Indonesia. Any wonder that Nike president Philip Knight is the fifth richest man in America, with $5.2 billion, while his Indonesian workers make 31 cents an hour?" (Emphasis mine)



Because Wal-Mart does not pay them enough money, hundreds of thousands of Wal-Mart employees enroll in Medicaid, food stamps and other social welfare programs.  Even though Wal-Mart makes enormous profits, they refuse to properly take care of their employees so the federal government has to do it.  And of course this is not just a Wal-Mart problem.  There are hundreds of other major corporations doing exactly the same thing. - See more at: http://www.thedailysheeple.com/the-2-6-billion-dollar-welfare-payment-that-the-u-s-government-gives-to-wal-mart_122014#sthash.GdvfYAoJ.dpuf
Because Wal-Mart does not pay them enough money, hundreds of thousands of Wal-Mart employees enroll in Medicaid, food stamps and other social welfare programs.  Even though Wal-Mart makes enormous profits, they refuse to properly take care of their employees so the federal government has to do it.  And of course this is not just a Wal-Mart problem.  There are hundreds of other major corporations doing exactly the same thing. - See more at: http://www.thedailysheeple.com/the-2-6-billion-dollar-welfare-payment-that-the-u-s-government-gives-to-wal-mart_122014#sthash.GdvfYAoJ.dpuf
Because Wal-Mart does not pay them enough money, hundreds of thousands of Wal-Mart employees enroll in Medicaid, food stamps and other social welfare programs.  Even though Wal-Mart makes enormous profits, they refuse to properly take care of their employees so the federal government has to do it.  And of course this is not just a Wal-Mart problem.  There are hundreds of other major corporations doing exactly the same thing. - See more at: http://www.thedailysheeple.com/the-2-6-billion-dollar-welfare-payment-that-the-u-s-government-gives-to-wal-mart_122014#sthash.GdvfYAoJ.dpuf
Because Wal-Mart does not pay them enough money, hundreds of thousands of Wal-Mart employees enroll in Medicaid, food stamps and other social welfare programs.  Even though Wal-Mart makes enormous profits, they refuse to properly take care of their employees so the federal government has to do it.  And of course this is not just a Wal-Mart problem.  There are hundreds of other major corporations doing exactly the same thing. - See more at: http://www.thedailysheeple.com/the-2-6-billion-dollar-welfare-payment-that-the-u-s-government-gives-to-wal-mart_122014#sthash.GdvfYAoJ.dpuf

How I Found Christ?

 How I Found Christ? by Charles Spurgeon (1834-1892)