2016 Presidential Primaries [ SUPER TUESDAY | 3-1-'16]

2 votes for Trump.

I think it odd how people talk out of one side of their mouth and dismiss Trump (Palin) then out of the other side validate them.

Concerning the greed attached to the Walton Family, you two are willing to discard people without the bootstraps to pull themselves out of nothing more than the 21st century form of slavery.
 
57Brave said:
2 votes for Trump.

I think it odd how people talk ou of one side of their mouth and dismiss Trump (Palin) then out of the other side validate them.

Concerning the greed attached to the Walton Family, you two are willing to discard people without the bootstraps to pull themselves out of nothing more than the 21st century form of slavery.
Click to expand...

I'm willing to discard them? I'm not the one trying to legislate them out of the job market.

Not sure what you see in my concerns that would make you think I support Trump, but that's quite a leap. Your response is a perfect example of why I would rather anyone else win the election. If he wins, folks like yourself will incorrectly attribute the inevitable economic decline to capitalism and free-markets, despite him being at least as much of an interventionist as the Dem candidates (45% tariff on Chinese imports...Trump's as big a donkey as Sanders).
 
What tells you a raise in minimum wage would legislate them out of the labor force ? The same mind set that tells you about the haves and have not ?

I'm not surprised you don't see the line from Reagans welfare queens to Trumps wall and the economics attached. Somebody is getting something for nothing while reality tells a different story
 
Walmart attributed at least one of their store closings to the minimum wage hike in Oakland... they said the cost of labor simply couldn't justify keeping the store open. So now those folks are making $0 an hour.
 
adjust your thought to Wal Mart didn't see outrageous profits in paying a living wage. The people spending money at the WM you mention will still buy the Chinese overpriced junk they bought st WM. Labor statistics tell us those people layed off by WM will not stay layer off long.

Is your notion to relegate the bottom rung of the economic system to virtually a form of free labor ?
 
My notion would be to let adults decide if they want to work for a wage offered to them from an employer... if they are willing to work, then do it.

Walmart makes their massive profits on their incredible profit margins of... 1.56%... One of the lowest in the world
 
This would be after Wal-Mart moves into town undercuts existing business' / employers and becomes the only game in town.

Then the adults you are talking about are left with a take it or leave it option.
Gotta love the Wal-Martization of the free market

This was the practice employed by coal companies immortalized by Tennessee Ernie Ford.

Please see Trumps record with golf courses and his labor / community relations.
Not what he says but what he does. Kinda falls in line with your Wal-Mart logic

You bought a boat load of Wal-Mart stock recently --- correct ?

edit note:
I googled Wal-Mart profit for ****s and giggles and your 1.56% number is a fabrication.
Why would you or any one buy into a struggling company ?
 
57Brave said:
This would be after Wal-Mart moves into town undercuts existing business' / employers and becomes the only game in town.

Then the adults you are talking about are left with a take it or leave it option.
Gotta love the Wal-Martization of the free market

This was the practice employed by coal companies immortalized by Tennessee Ernie Ford.

Please see Trumps record with golf courses and his labor / community relations.
Not what he says but what he does. Kinda falls in line with your Wal-Mart logic

You bought a boat load of Wal-Mart stock recently --- correct ?

edit note:
I googled Wal-Mart profit for ****s and giggles and your 1.56% number is a fabrication.
Why would you or any one buy into a struggling company ?
Click to expand...

I don't know why you keep bringing up Trump. In facT, I'm pretty sure Trump has always been an advocate for raising minimum wage... just like he's an advocate for universal healthcare, and an advocate for raising taxes on the wealthy... maybe you keep bringing him up because he's your perfect candidate?

I'm up 11.8% since buying WMT stock... plus the dividend

You are right about the profit margin... I believe they had one quarter recently where they were 1.56%... but usually they rest in the 3-4% range... still one of the lowest in the world.

Oh, one of the reasons their stock got killed so much was because they said they're going to raise every employee's pay. THOSE BASTARDS
 
sturg33 said:
Oh, one of the reasons their stock got killed so much was because they said they're going to raise every employee's pay. THOSE BASTARDS
Click to expand...

And that's the rub. At the root of this issue isn't one family or a few families or anything like that who own the company, it's the stockholders who bitch and moan and want to cut costs at all means. And I'm not talking about owners like you and I but the ones who have enough say to get the owners attention. The stock market has failed the US at this point. It was a way to fund companies for expansion, and has since become a way for rich to get richer by trading off stocks to people who're more naive/dumb than them.
 
to piggy back the above, suppose your (and other stock holders ) profit was say 9%.
Still not a bad return

and that other 2.8% was turned back into the company ...

from where I sit there is enough for everyone
 
57Brave said:
What tells you a raise in minimum wage would legislate them out of the labor force ?
Click to expand...

Basic supply and demand analysis. What tells you that a 50-100% increase on the price of labor wouldn't price some/many of those workers out of the labor force?
 
Sturg getting an 11.8 % return on a short term investment
The money is there

Dont get me wrong, congrats to sturg on his success but ...
.............

Questions for you ace.

Who pays for these people's food stamps?

Once the people get the raise in minimum wage, what do you think they will do with that money?

When Trump says he will make America Great Again, is he talking about a living wage comparable to that of the 1950-60's ?
......................
The minimum wage would be over $18 had it risen along with productivity

http://www.epi.org/publication/charting-wage-stagnation/
 
57Brave said:
to piggy back the above, suppose your (and other stock holders ) profit was say 9%.
Still not a bad return

and that other 2.8% was turned back into the company ...

from where I sit there is enough for everyone
Click to expand...

So you want to take 25% of my gains... then have the government take another 28%...

What are you going to give me when the stock goes down? (like many of mine have done)
 
your gains from borderline / statistical slave labor ?

Suppose you invested $10K. A return of $900 as opposed to $1100.

Not talking survival money here but, gained money.

I find myself in a weird way looking for a return of the draft and a notion of shared responsibility that looks to be lacking
 
Answers to your three questions for me from post 1772

1) Taxpayers - the same people who will have to pay for those who lose their jobs or see their hours cut because the mandated minimum wage is in excess of their value produced

2) Broken window fallacy. Further, if you believe all the money paid to min wage workers (well, the ones who weren't laid off or had their hours reduced) will be pumped back into the economy and create some sort of virtuous cycle, I'm not sure why you're stopping at $15/hr. This argument also assumes that the money now going to firms/shareholders (in the form of higher profits) or customers (in the form of lower prices) is not being spent in the economy.

3) I'm not sure what Donald means, but I'm entertained by the notion that you somehow think you're portaying me as one of his supporters. As for your min wage/productivity chart, I've seen a similar version published by the same (left-leaning) EPI. They don't cite it in your link, but they use different metrics (which account for inflation differently) to adjust for productivity and wages (they use the CPI for one and the IDP for the other). I'm sure it's just a coincidence they chose the respective metrics that would produce the largest gap in real min wage earnings and productivity. And I'm not sure why we should accept the assumption that low skilled labor would track economy wide productivity over a 40-50 year span.
 
57Brave said:
your gains from borderline / statistical slave labor ?

Suppose you invested $10K. A return of $900 as opposed to $1100.
Not talking survival money here but, gained money.

I find myself in a weird way looking for a return of the draft and a notion of shared responsibility that looks to be lacking
Click to expand...

You didn't answer my question.

Also, my gains have nothing to do with Walmart executives... it's how the market values Walmart... so I'm not sure how you would distribute that 25% you want to take from me over to Walmart employees. My assumption is that you want to tax it more (surprise surprise)
 
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1. Walmart Stores
Walmart GivingTotal cash donations: $311,607,280

Giving as a percentage of pre-tax profit: 1.3%

Philanthropic priorities:

Food Security
Environmental sustainability
Women’s Issues
Community Development
Corporate giving program highlight: After Walmart employees volunteer 25 hours with an organization, Walmart provides a volunteer grant of $250 to that organization.

Learn more about Walmart’s volunteer grant programs >
 
Employment by Public Company in the United States
The United States' Largest Private Employers
Rank Employer Employees
1 Wal-Mart Stores 2,200,000
2 Yum! Brands 523,000
3 McDonald's 440,000
4 United Parcel Service 399,010
5 International Business Machines 379,592
6 Kroger 375,000
7 Target 361,000
8 The Home Depot 340,000
9 Hewlett-Packard 331,800
10 General Electric 305,000
 
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