Meandering
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If you can't see it, there is no sense in further explaining it. I've long ago given up on "light bulb" moments.
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All Solar, Et Al, In 12 Years?
- Thread starter Terrel L. Shields
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If you can't see it, there is no sense in further explaining it. I've long ago given up on "light bulb" moments.
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Meandering
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- Real Estate Agent or Broker
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Speaking of which,
I was listening to the stock market reports this morning when the reporters suddenly realized, plastic things are made from oil and should be cheaper since oil prices have been low for so long, and yet, they're not. And transportation stocks should have moved higher on better profitability for reduced costs because oil prices are so low, and yet they are not, and that the manufacturing that remains here should be benefiting from reduced oil prices, lowering their costs and making them more profitable, and yet they're not. And, same store sales should have increased to due greater consumer disposable income because of the low price of oil, and yet, they didn't
BANG!
Change the subject. Twitter is just not ever going to be facebook and everyone should get over that. They still don't have a CEO and we won't talk about oil anymore today.
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ucbruin
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If you see the pattern and yet those in power don't recognize or care about the pattern, then what does it all mean?
As Mr. Natural would say..."It don't mean $hit?"
Meandering
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Who said they don't see it, know it , or instigate it?
It's those who ARE NOT in power that need to recognize it.
Both ends of the see saw can not be up at the same time, else, something is very broken.
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Randolph Kinney
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When you pay your taxes, that does not really impact what you can spend on your family, does it? Think of yourself as the COE and your family are your employees.
Randolph Kinney
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One study estimates $2.50 is lost in wages for every $1 of tax collected. Corporate income taxes generated $274 million, or only 10 percent of total federal tax revenue last year.
U.S. corporations face high tax liabilities when they bring their overseas profits "home" to America so, predictably, many companies do not. Right now there is more than $2 trillion in unremitted earnings abroad.
http://www.delawareonline.com/story...0/01/connection-tax-inversions-jobs/16542157/
You did not get $2.50 in wages for every $1 of tax collected from a company. Why would that be?
Randolph Kinney
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When Wal-Mart Stores Inc. chief Doug McMillon announced plans to boost store workers’ minimum wage earlier this year, he said the move was intended to improve morale and retain employees.
Yet for some of the hundreds of thousands of workers getting no raise, the policy is having the opposite effect.
In interviews and in hundreds of comments on Facebook, Wal-Mart employees are calling the move unfair to senior workers who got no increase and now make the same or close to what newer, less experienced colleagues earn. New workers started making a minimum of $9 an hour in April and will get at least $10 an hour in February.
Some workers also said they suspect their hours are being cut and annual raises reduced to cover the cost of the wage increase for newer workers. Wal-Mart denies that.
Several U.S. retailers have raised the minimum wage for their workers in recent months, among them Gap Inc., TJX Cos. and Target Corp. The moves were widely hailed amid calls to combat wage inequality -- an issue that even reached the U.S. Securities and Exchange Commission, which on Wednesday voted to force companies to reveal the pay gap between the chief executive officer and their typical worker.
Additional pay bumps could put further strain on profits, which Wal-Mart said last quarter were dragged down by the $1 billion it’s already spending on raises. Last year, the Bentonville, Arkansas-based chain generated $486 billion in annual sales and a profit of about $16 billion.
http://www.bloomberg.com/news/artic...equence-of-wal-mart-pay-raise-unhappy-workers
At the end of the day, it all comes back to one simple thing: this money has to come from somewhere, and since this is one instance where rising labor costs absolutely can't be passed on to customers, it will need to be extracted elsewhere. Many workers clearly understand this: "... workers also said they suspect their hours are being cut and annual raises reduced to cover the cost of the wage increase for newer workers."
Their suspicions would be correct. It's economics 101. It's also common sense.
Of course, there can be store closings for the less profitable stores and an effort to automate where that makes financial sense. Joy is not found by raising the minimum wage, only.
Yet for some of the hundreds of thousands of workers getting no raise, the policy is having the opposite effect.
In interviews and in hundreds of comments on Facebook, Wal-Mart employees are calling the move unfair to senior workers who got no increase and now make the same or close to what newer, less experienced colleagues earn. New workers started making a minimum of $9 an hour in April and will get at least $10 an hour in February.
Some workers also said they suspect their hours are being cut and annual raises reduced to cover the cost of the wage increase for newer workers. Wal-Mart denies that.
Several U.S. retailers have raised the minimum wage for their workers in recent months, among them Gap Inc., TJX Cos. and Target Corp. The moves were widely hailed amid calls to combat wage inequality -- an issue that even reached the U.S. Securities and Exchange Commission, which on Wednesday voted to force companies to reveal the pay gap between the chief executive officer and their typical worker.
Additional pay bumps could put further strain on profits, which Wal-Mart said last quarter were dragged down by the $1 billion it’s already spending on raises. Last year, the Bentonville, Arkansas-based chain generated $486 billion in annual sales and a profit of about $16 billion.
http://www.bloomberg.com/news/artic...equence-of-wal-mart-pay-raise-unhappy-workers
At the end of the day, it all comes back to one simple thing: this money has to come from somewhere, and since this is one instance where rising labor costs absolutely can't be passed on to customers, it will need to be extracted elsewhere. Many workers clearly understand this: "... workers also said they suspect their hours are being cut and annual raises reduced to cover the cost of the wage increase for newer workers."
Their suspicions would be correct. It's economics 101. It's also common sense.
Of course, there can be store closings for the less profitable stores and an effort to automate where that makes financial sense. Joy is not found by raising the minimum wage, only.
George Hatch
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The one place the money won't come from is the rich.
Terrel L. Shields
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Vendors will bear much of the cost - WalMart will take a vendor and give them a long term contract. The vendor ramps up production by borrowing money. Then WalMart pulls the product or demands a lower price. Truth is, they likely know the production cost of the item far better than the vendor. And they shave it to the penny. So you capitulate or go under. Sometimes you go under anyway. Only a few times does the vendor come out of top. When WM refused to pay Panasonic prices, and switched to Hitachi, after six months and lagging sales, they went back to panasonic with humble hat in hand and paid what panasonic demanded. That's one of the very rare times Walmart did not win.
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