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To: napscoordinator
So giving a raise resulted in Walmart making 16 million instead of 15 million. Sounds like it was a great decision

Where's the great decision? Their stock price retreated when they announced the poor earnings outlook. Shrinking profits are rarely good news, unless there are some MAJOR accounting maneuvers happening. Are you saying that since they still made billions, the decision to increase wages was a good thing?

So if that round of raises was good, more rounds are better, as long as they make some billions? Not in this pro-capitalism FReeper's opinion. Businesses are in bidness (SIC) to make money, not employ people. The employment is simply a win-win. But shrinking profits can be interpreted as a sign of shrinking payrolls and other cost cutting. That's a lose-lose.

55 posted on 10/14/2015 8:08:33 PM PDT by GreenAccord (Bacon Akbar)
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To: GreenAccord

You know what? Conservatives are not against pay raises. This is ridiculous that you are bashing people getting pay raises which was really just 10 percent. So 9 dollars an hour ended up being 9.90 an hour. I think that is an awful wage. However, this hatred for giving raises to employees is one reason why Bernie is so popular. We are stupid if we bash Walmart for raising the wage of their employees. We never did this before. We HATE the government making them do it but we LOVE when they do it on their own. Sometimes we are our worst enemy.


56 posted on 10/14/2015 8:46:14 PM PDT by napscoordinator (Walker for President 2016. The only candidate with actual real RESULTS!!!!! The rest...talkers!)
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