Should salaries be capped?

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anthony022071 said:
Wal-Mart doesn’t create jobs so much as it re-allocates existing jobs
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Wrong – we show a net increase in jobs merely from within Wal-Mart. When you look at the new businesses that have started and the expanded older businesses, the Super Wal-Mart has had a major beneficial impact on this town.
anthony022071 said:
– and the turnover rate of employes is about 45 percent per year. If the Wal-Mart in that town closes,which they often do without announcement,those businesses that were dependent on Wal-Mart’s presence will probably close as well.
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Do you read what you write?

Why would a Wal-Mart close? Only if it wasn’t making money – and if Wal-Mart ain’t making money, that means the town is already dead.
 
stinkcat_14 said:
Fortunately in the US, we have a lot of community colleges, which offer education very cheaply. Now, of course, it does take time and sacrifice to pursue education when you have little money, but it certainly can be done. In general, having skills gives the worker more bargaining power in the marketplace.
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and you also have a minimum wage (to which even moderately higher wages are tied to), overtime rates and health and safety laws.

If the neo-cons had their way these would be done away with, and there’d be less opportunity for the low paid to move forward.
 
cynic said:
and you also have a minimum wage (to which even moderately higher wages are tied to), overtime rates and health and safety laws.

If the neo-cons had their way these would be done away with, and there’d be less opportunity for the low paid to move forward.
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Actually, the lower paid people in my wife’s nursing home did not get raises – their raises went to those on minimum wage when the minimum wage went up. The same is true for several other businesses around here.

And several consequences of high minimum wages are:
  • Many jobs disappear (when was the last time you pulled into a service station and someone came out and asked, “Fill 'er up and change your oil?”
  • Many jobs have been exported – these hills are full of little shirt factories that cannot operate at a profit and have closed.
  • Many jobs have gone into the labor black market – so much so now that most construction work is done by illegals
And, by the way, what’s a “neo-con?”
 
anthony022071 said:
You have to read the study.
Wal-Mart sells most of the products and brands that people would want to shop for,and they sell cheap. So other businesses are adversely effected and go out of business,and the people who worked for them are unemployed.
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Remember too that Wal-Mart, because it so massive, has exraordinary buying power. Often, they can sell products cheaper than a small or medium sized retailer can buy them!

As for the unemployed, don’t worry. They can always work for Wal-Mart! (Hey, big guy drives out little guy and little guy is forced to become minor manager for big guy who does not actually know his name–isn’t that the scenario Belloc envisioned?)
 
vern_humphrey said:
Do you read what you write?

Why would a Wal-Mart close? Only if it wasn’t making money – and if Wal-Mart ain’t making money, that means the town is already dead.
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It has been known to happen, even to Wal-Mart…
 
vern_humphrey said:
And, by the way, what’s a “neo-con?”
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“A liberal who’s been mugged.” Oh, and who happens to think America is the most superior nation history has ever produced, bar none, and is virtually unsurpassable in strength, wealth, and general moral superiority.

Hence why we can attack other nations virtually unprovoked.

Off topic, but hey, you asked 😉
 
< Wrong – we show a net increase in jobs merely from within Wal-Mart. When you look at the new businesses that have started and the expanded older businesses, the Super Wal-Mart has had a major beneficial impact on this town. >

If the town gets too dependent on it for goods and jobs,there will be a major adverse effect when it closes.

< Do you read what you write?

Why would a Wal-Mart close? Only if it wasn’t making money – and if Wal-Mart ain’t making money, that means the town is already dead. >

That’s not necessarily true. They have a habit of closing smaller stores just in order to build a larger store,or in a nearby city,and then preventing the old building from being re-used. They will close a store before they have to start paying into the tax base,when tax-abatements they get from localities expire. They close stores where the employees try to unionize. If they close a store because of declining profits,it’s probably because they saturated the local market.

newrules.org/retail/neumarkstudy.pdf
 
anthony022071 said:
Wal-Mart doesn’t create jobs so much as it re-allocates existing jobs – and the turnover rate of employees is about 45 percent per year. If the Wal-Mart in that town closes,which they often do without announcement,those businesses that were dependent on Wal-Mart’s presence will probably close as well.
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The only walmarts that close are the older stores which are immdediately replaced with a nearby super walmart. Lets be honest hers the left doesnt oppose walmart for any other reason than they arent unionized. period. The rest of the complaints are just smokescreens.
 
estesbob said:
The only walmarts that close are the older stores which are immdediately replaced with a nearby super walmart. Lets be honest hers the left doesnt oppose walmart for any other reason than they arent unionized. period. The rest of the complaints are just smokescreens.
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I’m not “the left,” but there are plenty of other reasons to oppose WalMart. The loss of a truly local economy, for one; low wages for another. (Since when is paying your people insufficient wages a Christian virtue?)

Not to mention the sqeeze they put on their suppliers, forcing them to lower their wages in order not to lose their biggest, and in some cases only, market.
 
anthony022071 said:
If the Wal-Mart in that town closes,which they often do without announcement,those businesses that were dependent on Wal-Mart’s presence will probably close as well.
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If such a hypothetical thing were to actually occur, in spite of Wal-Mart making a profit and just up and deciding to close, some other sharp entrepreneurs would likely take note of the opportunity to supply the void caused by its closure. Unless of course, Wal-Mart is closing because there isn’t the profit or demand for its presence in the first place. Then its closure does make much difference anyway.
 
consumedconvert said:
I’m not “the left,” but there are plenty of other reasons to oppose WalMart. The loss of a truly local economy, for one; low wages for another. (Since when is paying your people insufficient wages a Christian virtue?)

Not to mention the sqeeze they put on their suppliers, forcing them to lower their wages in order not to lose their biggest, and in some cases only, market.
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The truly local economy that cost people a lot more money to support. Walmart providses jobs and affordable food and goods. It is a win win situation for a community.
 
vern_humphrey said:
Actually, the lower paid people in my wife’s nursing home did not get raises – their raises went to those on minimum wage when the minimum wage went up. The same is true for several other businesses around here.

And several consequences of high minimum wages are:
  • Many jobs disappear (when was the last time you pulled into a service station and someone came out and asked, “Fill 'er up and change your oil?”
  • Many jobs have been exported – these hills are full of little shirt factories that cannot operate at a profit and have closed.
  • Many jobs have gone into the labor black market – so much so now that most construction work is done by illegals
And, by the way, what’s a “neo-con?”
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:dts:
and how exactly does somebody survive on less (or at) $5.50 per hour? Jobs have been exported because of the option of using cheap labor in developing nations. Those people live in worker dorms, work 14 hour days, 6 days a week, so how much opportunity for upskilling or advancement do they have and how much would an american worker have if they were forced to compete.
 
cynic said:
and how exactly does somebody survive on less (or at) $5.50 per hour? Jobs have been exported because of the option of using cheap labor in developing nations.
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Would you say raising the minimum wage solves the problem of exported jobs?
 
estesbob said:
The truly local economy that cost people a lot more money to support.
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Agreed. So mega-corps like Wal-Mart are great, IF the purpose of an economy is to encourage rampant materialism and bring the maximum number of possessions to the highest number of people for mimimum cost. If, however, the purpose of an economy is to support the people of an area and provide them a satisfactory standard of living while promoting community and not driving their neighbor’s job overseas, then a mega-corp like Wal-Mart is a very harmful thing.
estesbob said:
Walmart providses jobs and affordable food and goods. It is a win win situation for a community.
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It’s definitely not win-win for the community; at best it’s win-lose–the consumer wins, the supplier loses his job to the Chinese. It becomes lose-lose when a particular consumer’s job gets either shipped overseas or taken down in the aftermath of a major closing (lots of subsidiary industries depend on plants and suppliers). Wal-Mart has doubled its Chinese imports in the past five years–anyone else concerned?

"[Steve] Dobbins’s [CEO of Carolina Mills] customers have begun to face imported clothing sold so cheaply to Wal-Mart that they could not compete even if they paid their workers nothing.

“People ask, ‘How can it be bad for things to come into the U.S. cheaply? How can it be bad to have a bargain at Wal-Mart?’ Sure, it’s held inflation down, and it’s great to have bargains,” says Dobbins. “But you can’t buy anything if you’re not employed. We are shopping ourselves out of jobs.”

Great article. fastcompany.com/magazine/77/walmart.html
 
Edited:

< Wrong – we show a net increase in jobs merely from within Wal-Mart. When you look at the new businesses that have started and the expanded older businesses, the Super Wal-Mart has had a major beneficial impact on this town. >

If the town gets too dependent on the store for jobs and for the business that it generates or attracts,there will definitely be a major adverse effect when it closes.
When the store closes,the dependent businesses which owe their existence to the store will be in trouble.
 
mapleoak said:
Would you say raising the minimum wage solves the problem of exported jobs?
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no I would say that keeping*** a*** minimum wage ensures that those workers are treated like human beings and have a standard of living that would allow them to move forward (ie they aren’t just occupied with finding enough to eat). Posters like vern want it done away with altogethor, alonf with every other labor restriction, harming the opportunites of the people they think should be “fulfulling their potential”.
 
cynic said:
no I would say that keeping*** a*** minimum wage ensures that those workers are treated like human beings and have a standard of living that would allow them to move forward (ie they aren’t just occupied with finding enough to eat). Posters like vern want it done away with altogethor, alonf with every other labor restriction, harming the opportunites of the people they think should be “fulfulling their potential”.
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Keeping a minimum wage does nothing to ensure workers are treated like human beings nor does it ensure any sort of standard of living.
 
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