Posted on 07/11/2013 6:22:37 AM PDT by servo1969
“For every action there is an equal and opposite reaction.” Isaac Newton’s Law of Motion
Washington DC Democrats passed a bill that would require retailers to pay workers at least $12.50 per hour.
Within hours of the decision Wal-Mart announced it was canceling three store openings in the area. Nice work, Democrats. WTOP reported:
The D.C. Council has passed a bill that would require large retailers like Wal-Mart to pay workers at least $12.50.
The bill now goes to Mayor Vincent Gray for his consideration. The 8-5 vote was short of the votes needed to override a veto from the mayor.
In a statement, Wal-Mart says the Council has forced the retailer’s hands and it will abandon three planned projects in the District.
“We will not pursue Skyland, Capitol Gateway, and New York Avenue and will start to review the financial and legal implications on the three stores already under construction. This was a difficult decision for us – and unfortunate news for most D.C. residents – but the Council has forced our hand,” the written statement says.
Maybe they can have the Bakers Union come in and represent them with those non-existent jobs. What’s really sad is the D.C. Council doesn’t care if people work or not because they always have the Federal Government as Nanny to make sure the welfare spigot is never turned off.
If I were WalMart I would not just be canceling construction of new stores, I would be closing one already in operation (as a cost saving measure of course).
I don’t care if its a union company. Their prices are very competitive with Meijer and they bring jobs period. BTW other stores that will be built on site are Marshall’s and K&G Fashion.
They aren't......with their own money. But they get elected by "sticking it to the man" and their minions stumble over each other voting for them.
In DC, you either are an SEIU Government "employee" (I use the term very loosely), or, you collect Food Stamps, EBT's, Daycare/Childcare/Child subsidies and FREE Medical, Section 8 housing, etc., etc.
We need a civil war to get the country back on the track of personal responsibility, and EARN YOUR OWN WAY.
How can anyone live on $12.50/hr. Why not $100 or $200? Now that’s a living wage. Attica! Attica! Free Mumia! Attica! Attica! Down with Evil Walmart! Attica! Attica!....jackasses.
Who was the wacko who wanted $25 an hour? Was that the imaginary indian Elizabeth Warren? Yeah I think it was her, she wanted $25 an hour minimum wage lol! “Hey why does a Big Mac at McDonalds cost $20 bucks?”
And, the people making $8.25 / hr at other places get to pay government-inflated prices for necessities.
And the real estate hustler pals of the council are circling the commercially developed sites to be divested by wally world. Graft, corruption and maintaining the extreme cost of living DC is known for so that only the few elite and foreign cantonments can be there served by people who are made poor and the dope dealers who prey on them. Nice work DC.
The price advantage of simple day to day things wallmart could have delivered greatly outweighed a “labor” wage issue. This was a cabal of socialist union types and true thugs pushing this. The rainbow coalition.
It’s a fine line. I’m sure WalMart studies every possible financial of each store. “It’s only business” still applies and the leadership I’m sure is looking at near-term and extended-term regarding profit margins. If they could make a profit with $12.50 it would be irresponsible to the stockholders not to proceed. Of course other factors like shoplifting exposure needs to be addressed as will as the potential of flash-mobs. I suppose WalMart insures itself but they still would have cost-center to address increased risk with D.C. Bottom line is they didn’t get to be where they are by being emotional but rather analytical.
Largely because they started out with trust funds and never had to work— the leaders anyway. And their co-marketers for a “decent wage” carried water for the unions.
Someone needs to tell them about “profit-sharing” models, but then, profit is a dirty word.
LOVE this kind of stupidity.
Wally World should open up locations 50 feet outside the DC border. DC gets their box box retailers and the DC city council can go on with this nonsense.
There are few jobs in a big box retailer that are really worth 12-50 an hour. Truth be known, there are few jobs inside a big box retailer that are worth 8-25 an hour. Legislating a “living wage” results in less jobs.
But, as pointed out aptly by others, they feel good about it, so that’s all they really need.
If you have a problem with making 8-25 an hour, don’t apply there. If you have a problem with companies that pay 8-25 an hour, then don’t shop there. Let the free market decide. The DC council will lose every time.
We don't save the US unless economic balance comes back. I'm not saying a person can't be rich and successful, but they can't do it the Walton way. JMHO
it’s kind of like the union worker mentality that no job is better than a job at less than they want to make. You’re out of work, but at least you “won”.
Try writing a check to your mortgage company for a moral victory, idiots.
Put them up in fly over country where the people will appreciate the jobs.
Well, if a baker can be sent to jail for not baking a cake for some lesbians, and an innkeeper can be fined for not letting lesbians fornicate at his inn, and a church can be made to fund abortions, what’s to stop Walmart from being FORCED to build and do business in an area that demands a certain minimum wage? I know, I know, completely different scenarios, but it seems to be the same kind of logic: don’t do what the PC/government/dictator wants, and you’ll be forced to.
The next step for the enemy is to use the force of law to compel businesses to open in hostile climates. You just know that they are thinking it.
Oh, you forgot “JUSTICE FOR SAINT TRAYVON!!
Although the St. Mumia reference was awesome.
I loved shopping at Meijer when I lived in Michigan. As you say, they are competitive. I have no particular issue with them being union either. Just pointing out this store is likely the result of some back-room deal than it making actual business sense.
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