Posted on 10/04/2018 8:26:52 AM PDT by SeekAndFind
I have no problem with that but they could have done this privately. Where I see red flags big time is when they first made a big public deal about it then they said they would be lobbying government for wage hikes across the board.
Amazon's competitors like Walmart can't afford to be forced into mandatory $15 and hour. They probably would not survive and walmart was previously the strongest retailer in country. Amazon is attempting to put tremendous pressure on their competitors with this move. It's predatory in nature and could be very harmful for all businesses in the long run. People need to recognize this tactic and the danger it represents.
——competitors like Walmart ——
Walmart might not be the target.
There are others who have set up online strores that offer more select lines. We now are subjected to TV ads for online retailers of furniture and of all things used cars. They even show a used car vending machine. In all instances the target is women, especially young women that live on their phones and are susceptable to an ad showing a young woman in bed eating bon bons while buying a used car.
These businesses are likely to have problems paying staff in competition with Amazon. Then when they are down, Amazon can kick them and buy them out.
“Amazon’s competitors like Walmart can’t afford to be forced into mandatory $15 and hour.”
That’s Walmart’s problem.
It’s not Amazon’s fault that they have smarter people and better ideas than Walmart.
Well then maybe Amazon should go all in and pay their workers $20 an hour, lobby congress to force all big retailers to pay $20 an hour minimum wage and Walmart will go out of business. Then when all their major competition is gone they can lower the wage back down to a more reasonable rate and also raise their prices for everything. In the interim Amazon can afford to sell tens of thousands of products at a loss which will quickly knock Walmart and other retailers out of the market. Then once the competition is gone raise prices back up above where they originally were and recover any losses and more. Why not? Amazon easily has the funds to do this so why not allow them to just use their competitive advantage to the fullest?
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