House votes to raise minimum wage...

[Deleted User 1018]

Well, I see more stores going to self checkouts, so they dont have pay more employees. One employee for 6-8 self check out stations. It is already being implemented in Walmart and grocery stores.

And to be able to afford to pay the employees the new wage, businesses will raise the prices of their product, cut hours, and leave positions unfilled.

[Lemons]

Well, I see more stores going to self checkouts, so they dont have pay more employees. One employee for 6-8 self check out stations. It is already being implemented in Walmart and grocery stores.

And to be able to afford to pay the employees the new wage, businesses will raise the prices of their product, cut hours, and leave positions unfilled.

Again, they just received a massive tax break. They should be paying employees livable wages. And if Walmart isn’t, maybe people should stop shopping there. Those stores are filthy anyway.

[Deleted User 969]

Walmart is trash.

Well, I see more stores going to self checkouts, so they dont have pay more employees. One employee for 6-8 self check out stations. It is already being implemented in Walmart and grocery stores.

And to be able to afford to pay the employees the new wage, businesses will raise the prices of their product, cut hours, and leave positions unfilled.

Again, they just received a massive tax break. They should be paying employees livable wages. And if Walmart isn’t, maybe people should stop shopping there. Those stores are filthy anyway.

[Deleted User 1344]

That's The standard excuse every time a livable wage is discussed. Families living on minimum wage jobs typically get food stamps, free health care and possibly free daycare. So if corporations don’t pay livable wages they government picks up the slack.

And the whole “small business” argument is bullshit. If they cant pay a livable wage they aren’t successful enough to hire employees.

Stores like Sears and Toys r us paid minimum wage and they still went bankrupt. Let’s stop blaming livable wages.

Exactly!

[AllofFive19]

They will always find a way not to pay a decent living wage. That's why minimum wage was established in the 1st place is because stores refused to pay their employees a livable wage. Corporations become too greedy, that is something that has been a thing since the beginning of time and is a bigger thing now.

[Deleted User 1039]

Uh....I’m sorry, but we’re there no small businesses 30-40 years ago when minimum wage was proportional to cost of living? I don’t remember hearing about that....

Stop being an uneducated corporate cocksucker and place blame where blame is due- megacorporations and the laziness of the American consumer. It has JACK SHIT to do with Americans being allowed to afford life on only one full time job.

[Lemons]

They will always find a way not to pay a decent living wage. That's why minimum wage was established in the 1st place is because stores refused to pay their employees a livable wage. Corporations become too greedy, that is something that has been a thing since the beginning of time and is a bigger thing now.

Democracies are unsustainable if the imbalance of wealth is too severe. You can’t sustain a healthy economy if the top 5% of a corporation are being paid 8 figures a year while the bottom 50% are being paid $20,000 per year.

So many working class people think that the CEOs would love to pay $15 per hour but they just can’t. Yeah, right.

[DSamuels]

That's The standard excuse every time a livable wage is discussed. Families living on minimum wage jobs typically get food stamps, free health care and possibly free daycare. So if corporations don’t pay livable wages they government picks up the slack.

And the whole “small business” argument is bullshit. If they cant pay a livable wage they aren’t successful enough to hire employees.

Stores like Sears and Toys r us paid minimum wage and they still went bankrupt. Let’s stop blaming livable wages.

And stores have raised wages, but to offset the higher payroll cost they cut hours. Now people are bringing home smaller paychecks, but they are making $3 more an hour!

I thought the economy was booming and that massive tax cut was going to trickle down to increased wages? Why would stores be doing that in this economy, the greatest economy in the history of the world?

If the economy is that fantastic and currently there are no major issues with the economy, then there’s no reason not to pay livable wages. Hopefully they can work something out.

This is a large nationwide retail store. Shareholders want profits. Sales are great. But there is only so much payroll available. When you increase 300K workers to $12, then $13 and soon $15 an hour that is a massive amount of money. They are cutting hours of just about everyone to control operating costs. They basically have very few full time employees, most are part time. When you take the CEO pay and bonuses and divide it by the number of employees you get $26 per employee. So if you paid him nothing, every worker would get 2 hours. Whoopie!

[AllofFive19]

They will always find a way not to pay a decent living wage. That's why minimum wage was established in the 1st place is because stores refused to pay their employees a livable wage. Corporations become too greedy, that is something that has been a thing since the beginning of time and is a bigger thing now.

Democracies are unsustainable if the imbalance of wealth is too severe. You can’t sustain a healthy economy if the top 5% of a corporation are being paid 8 figures a year while the bottom 50% are being paid $20,000 per year.

So many working class people think that the CEOs would love to pay $15 per hour but they just can’t. Yeah, right.

Nope, they simply can't afford to pay $15 per hour, that would mean giving up their $15.5 million per year.

[Lemons]

And stores have raised wages, but to offset the higher payroll cost they cut hours. Now people are bringing home smaller paychecks, but they are making $3 more an hour!

I thought the economy was booming and that massive tax cut was going to trickle down to increased wages? Why would stores be doing that in this economy, the greatest economy in the history of the world?

If the economy is that fantastic and currently there are no major issues with the economy, then there’s no reason not to pay livable wages. Hopefully they can work something out.

This is a large nationwide retail store. Shareholders want profits. Sales are great. But there is only so much payroll available. When you increase 300K workers to $12, then $13 and soon $15 an hour that is a massive amount of money. They are cutting hours of just about everyone to control operating costs. They basically have very few full time employees, most are part time. When you take the CEO pay and bonuses and divide it by the number of employees you get $26 per employee. So if you paid him nothing, every worker would get 2 hours. Whoopie!

As usual very vague. . Walmart got a huge tax cut from Trump’s tax cut plan and saved about 2 billion in 2017. If Walmart raised salaries to $15 hourly it would cost them about $5 billion dollars per year. In 2016 they had about $480 billion in revenue. Their net income was almost $15 billion.

So if they raised their employees salaries to $15 hour, their net income would drop to $10 billion dollars per year. The waltons own about half the shares of Walmart meaning their yearly net income would drop from about 7.5 billion to $5 billion per year.

It’s simple greed that keeps vile people like the Waltons from being good Christians and treating people decently. Without their employees they have nothing.