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Originally posted by ceranko
You should not work for anything less than ten dollars and hour, because your going to have to get two jobs to live, unless you bunk with four people in a one bedroom apt and share rent you can do this if you can rough it and live with your bunkmates. I did this two guys in the "Living Room and Two in the bedroom seperated by partitions. It sucks yeah but when you consider it just a place to sleep and wash its not so bad. We had plenty of money to party and travel. But you have to do this with people you trust no freeloaders. Its like living in a hostel. I miss college.edit on 17-11-2012 by ceranko because: (no reason given)
Originally posted by Urantia1111
Oh Terrible Walmart! If only you didn't exist! Then Mom&Pop Inc could employ those millions of people and pay them $50k a year with generous benefits and retirement package to jocky registers, stock shelves and sweep floors.
Walmart is the new paradigm of employment for unskilled workers. They're paid what they're worth. Since practically anyone can do the job and there are thousands who WILL do it for what Walmart pays, a strike is pointless.
Originally posted by camaro68ssif you dont like the pay, dont work there! if everyone left because of pay, Wal-Mat would be forced natural to raise wages to entice new employees. its the basic laws of supply and demand.
Simple economics here but apparently it’s a hard lesson to a lot of people to learnedit on 16-11-2012 by camaro68ss because: (no reason given)
So you can afford a place to live, all associated bills, clothe, feed and pay for transportation on a ~$600 paycheck every two weeks without government assistance (food stamps, ect)?
Do you live with five other people? Do you sleep in a dresser drawer?
Originally posted by fleabitAre you suggesting that Wal-Mart is a long term career choice for many people? Who do you think works there? I think people going to school, younger people, older people, and 2nd income folks work there. If someone has say, a family.. say a wife and 2 kids.. and this is their sole source of income, they are doing it wrong. Unless you pick a corporate route trying to work your way up in that company, it is hardly going to be the sole income for most people. Either it contributes to someone getting money in another way (social security, school loans, etc.), it's a second income, or it's someone just out of school with no other skills.
"If retailers pass half the costs of a wage raise onto their customers, the average household would pay just 15 cents more per shopping trip -- or $17.73 per year," the study found. "If firms pass 25 percent of the wage costs onto their customers, shoppers would spend just seven cents more per shopping trip, or $8.87 per year."
That's a tiny price to pay for an initiative that would have a potentially revolutionary impact on the standards of living of millions of Americans and the economic prospects of the nation at large. The $25,000-a-year wage floor would lift more than 700,000 people out of the harrowing precincts of poverty. And it would boost the pay of hundreds of thousands more who currently are struggling just a notch or two above the official poverty line.
The increased spending anticipated from the pay hikes would give a badly needed boost to an economy that has been advancing only in fits and starts since the recession ended in June 2009. As the study explains: "U.S. corporations are cash-flush, but hesitant to make investments on products they are not sure will sell. As a result, their gloomy outlook becomes a self-fulfilling prophesy: firms do not expand production, keeping the job market slack, pocketbooks closed, and investments unappealing."
This would not be a heavy lift for the industry. Retail is booming and profitability reached a ten-year high in the first half of 2012. The largest retail firm, Walmart, earned nearly $16 billion in the last year alone. While the U.S. economy and millions of American families have been struggling, Walmart has seen its net sales grow by more than $70 billion since the start of the Great Recession in December 2007.
According to the Demos study, the cost of the wage increases to major retailers would be $20.8 billion, which amounts to about one percent of the sector's $2.17 trillion in total annual sales. But the study also estimates that the increased purchasing power accruing to low-wage workers as a result of the pay raises would generate $4 billion to $5 billion in additional annual retail sales.
@ alicehines : Chanting, drumming and dancing at Walmart in Wheatland, TX #walmartstrikes