1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

What's better than thousands of part-time jobs paying minimum wage or slightly more? Answer--NO jobs

Discussion in 'The OT' started by Lord Vader, Jul 11, 2013.

  1. dpeters11

    dpeters11 Hall Of Fame

    16,345
    503
    May 30, 2007
    Cincinnati
    I think they have different customers though. Average Costco member has a household income in the 70s.

    Personally, I stay away from Sams and Walmart, the places just irritate me. Though it wouldn't be much of a stretch for me to say that with most stores.
     
  2. carlsbad_bolt_fan

    carlsbad_bolt_fan Icon

    803
    16
    May 18, 2004
    Carlsbad, CA
    I've never been a big fan of Nader. When it comes to Walmart, he's spot on:

    http://www.huffingtonpost.com/ralph-nader/walmart-dc-living-wage-bill_b_3588380.html

    Too long to post here, but I'll share some of the highlights:

     
  3. James Long

    James Long Ready for Uplink! Staff Member Super Moderator DBSTalk Club

    46,197
    1,075
    Apr 17, 2003
    Michiana
    There should not be a special minimum wage for certain employers. If DC cared about their workforce they would raise the minimum wage for ALL employees ... not just those working for certain companies. The trouble is that they know that wouldn't work.

    Nader's complaints about the minimum wage should be directed at ALL employers ... not just the big ones.

    So now all of the investment WalMart and other big box stores have put in to stores in DC either goes to waste (good luck filling those boxes with other retailers) or WalMart and the other larger retailers pay the ransom. Perhaps WalMart should open the stores and charge 50% more for their products there than outside DC? Let the community know that all forcing a higher wage requirement does is raise prices.

    Or they could look at the area as less profitable and INVEST their money and time in communities that are more profitable.
     
  4. Lord Vader

    Lord Vader Supreme Member DBSTalk Club

    8,761
    42
    Sep 20, 2004
    Galactic Empire
    Living wage is ridiculous, as well. What Costco does is simple market economics--pay your employees well, better than your competitors, and you will reap the rewards. That's how it should be done.
     
  5. armophob

    armophob Difficulty Concen........

    7,393
    65
    Nov 13, 2006
    Fort Pierce, FL
    yep, drive a man until he breaks, and then press him further, The American way.
     
  6. djlong

    djlong Hall Of Fame

    4,343
    57
    Jul 8, 2002
    New Hampshire
    Here's the problem, Vader. Companies like Wal-Mart operate in other countries with more liberal laws and still make a profit. But, in this country, they act more like robber-barons BECAUSE THEY CAN.

    People say you can't hike taxes or it'll cause unemployment and disaster. Except that there are countries that show how false that is (Canada and Germany come to mind immediately).

    An example of how disgusting these companies CAN be... There's an arthritis drug, Enbrel, that costs around $20K/year ($18K-$25K depending on how much a dose you need) in this country - and that's what Medicaid pays. Mind you, all Enbrel IN THE ENTIRE WORLD until recently made at the same factory in Rhode Island, owned by Amgen (Wyeth bought some overseas rights). In Canada, the cost is $800.

    Think about that. Amgen charges our citizens and our government $1500/mo for Enbrel but charges the Canadian government (and their single-payer system) $800. If they couldn't afford to sell it to Canadians at that price, they wouldn't.
     
  7. Lord Vader

    Lord Vader Supreme Member DBSTalk Club

    8,761
    42
    Sep 20, 2004
    Galactic Empire
    They wouldn't act such way if we didn't let them, and I'm not talking about regulations/laws like minimum wage, etc. People need to speak with their feet and their wallets. That is more powerful and more effective than minimum wage/living wage laws.

    The market can be an extremely powerful weapon.
     
  8. Bronxiniowa

    Bronxiniowa Member

    122
    11
    Apr 14, 2013
    Iowa
    Agree. One way would be to cut back on taxing earned income and begin penalizing conspicuous consumption. We can introduce a value-added sales tax that is based not on a flat rate, which is regressive, but on an escalating rate based on the value of the item. In other words, you would pay a higher rate of tax on a BMW than you would a Chevy. The income tax rate could be pared as this value-added sales tax is ramped up, making it all revenue-neutral.

    As far as business are concerned, we can tax the difference between what they pay for domestic vs. out-shored jobs. If a business wanted to cut this tax, they would either bring out-shored jobs home or pay their out-shored employees more.
     
  9. carlsbad_bolt_fan

    carlsbad_bolt_fan Icon

    803
    16
    May 18, 2004
    Carlsbad, CA
    And what about the fact that we as tax payers seem to subsidize current Walmart employees?
     
  10. James Long

    James Long Ready for Uplink! Staff Member Super Moderator DBSTalk Club

    46,197
    1,075
    Apr 17, 2003
    Michiana
    Drugs sent overseas do not need to meet FDA standards. While in some cases it may be the same drug in different packaging, the overseas drugs are not always the same.

    Any more than we subsidize other employees making the same wage (or less)? There is nothing special about Walmart except, like the big banks the "99%" people hated, they are big enough to get noticed. I as a tax payer subsidize a lot of people ... many of them don't have a job at all. But I can afford to pay my taxes thanks to the low low prices of WalMart and other retailers.
     
  11. tsmacro

    tsmacro Hall Of Fame

    2,380
    59
    Apr 28, 2005
    East...
    Regarding the ridiculous nature of our tax system I did a little online research and came across the following: http://www.fairtax.org/site/PageServer

    Seems to be a vast improvement over the convoluted mess we have now.

    Also there's the wikipedia page regarding the FairTax which seems to a pretty good job of being even handed in discussing the pros and cons and doesn't include the one-sided hype that of course you're going to get with their own website: https://en.wikipedia.org/wiki/FairTax

    I know there's been some discussion regarding taxation in this thread but if a moderator thinks this is too much of a departure from the topic feel free to break it off into it's own thread.
     

Share This Page