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RE: Wal-Mart Employees' Thanksgiving Food Drive... - 11/19/2013 11:32:09 AM   
DomKen


Posts: 19457
Joined: 7/4/2004
From: Chicago, IL
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quote:

ORIGINAL: kdsub

Wouldn’t it be refreshing if a large box store would hire only full time employees and pay them a living wage. I bet they could still compete and make a decent profit.

I’ve always thought that the worth and desirability of a job promotes loyalty…good attendance…and good job performance. These qualities would project to higher profits in my opinion.

Butch


Costco does.
http://money.cnn.com/2013/08/06/news/economy/costco-fast-food-strikes/
That's one of the reasons I do most of my shopping there.

(in reply to kdsub)
Profile   Post #: 41
RE: Wal-Mart Employees' Thanksgiving Food Drive... - 11/19/2013 11:36:07 AM   
DomKen


Posts: 19457
Joined: 7/4/2004
From: Chicago, IL
Status: offline
quote:

ORIGINAL: Yachtie


quote:

ORIGINAL: Anuser

The entire point of the holiday is celebrating how hard it was to immigrate to a new country, and how generous the Native Americans were for sharing their food with the Pilgrims when they could have easily said, "If they can't put together a nice dinner for themselves then they're obviously too stupid to live and don't deserve food."



That's news to me.


You're unaware of who provided most of the food, and most of the know how to grow and gather the food they didn't bring, to the first Thanksgiving feast?

(in reply to Yachtie)
Profile   Post #: 42
RE: Wal-Mart Employees' Thanksgiving Food Drive... - 11/19/2013 11:37:45 AM   
DesideriScuri


Posts: 12225
Joined: 1/18/2012
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quote:

ORIGINAL: DomKen
quote:

ORIGINAL: DesideriScuri
What happens if supply doesn't decrease?

Then a bunch of suppliers fail when their products don't sell (and the prices of the products from the failed supplier are sold off on the cheap). If prices go down throughout an economy, not just on the odd over produced good, that economy either has suffered a serious reduction in the money supply, as happened in 2009 and the early 1930's, or it is falling apart.


OR.... prices fall to stimulate more demand.


Price is tied to supply and demand. In a very simplified way, Price = Demand/Supply. So, when Demand drops, supply will have to drop if the price doesn't change. But, if supply doesn't change, the only way to clear all that excess inventory (through the market) is to reduce price.

_____________________________

What I support:

  • A Conservative interpretation of the US Constitution
  • Personal Responsibility
  • Help for the truly needy
  • Limited Government
  • Consumption Tax (non-profit charities and food exempt)

(in reply to DomKen)
Profile   Post #: 43
RE: Wal-Mart Employees' Thanksgiving Food Drive... - 11/19/2013 11:49:48 AM   
DomKen


Posts: 19457
Joined: 7/4/2004
From: Chicago, IL
Status: offline

quote:

ORIGINAL: DesideriScuri

quote:

ORIGINAL: DomKen
quote:

ORIGINAL: DesideriScuri
What happens if supply doesn't decrease?

Then a bunch of suppliers fail when their products don't sell (and the prices of the products from the failed supplier are sold off on the cheap). If prices go down throughout an economy, not just on the odd over produced good, that economy either has suffered a serious reduction in the money supply, as happened in 2009 and the early 1930's, or it is falling apart.


OR.... prices fall to stimulate more demand.


Price is tied to supply and demand. In a very simplified way, Price = Demand/Supply. So, when Demand drops, supply will have to drop if the price doesn't change. But, if supply doesn't change, the only way to clear all that excess inventory (through the market) is to reduce price.

And all those businesses will fail because profits in a healthy economy should be razor thin. Deflation is always a disaster. Imagining otherwise ignores both economic theory and history.

(in reply to DesideriScuri)
Profile   Post #: 44
RE: Wal-Mart Employees' Thanksgiving Food Drive... - 11/19/2013 11:59:52 AM   
DesideriScuri


Posts: 12225
Joined: 1/18/2012
Status: offline
quote:

ORIGINAL: DomKen
And all those businesses will fail because profits in a healthy economy should be razor thin. Deflation is always a disaster. Imagining otherwise ignores both economic theory and history.


And, you are wrong. Profits don't have to be "razor thin." Profits should be healthy enough to lure people into supplying the market, but not so high as to lure too many suppliers, leading to oversupply and resource misallocation.

"Imagining otherwise ignores both economic theory and history."


_____________________________

What I support:

  • A Conservative interpretation of the US Constitution
  • Personal Responsibility
  • Help for the truly needy
  • Limited Government
  • Consumption Tax (non-profit charities and food exempt)

(in reply to DomKen)
Profile   Post #: 45
RE: Wal-Mart Employees' Thanksgiving Food Drive... - 11/19/2013 12:37:09 PM   
mnottertail


Posts: 60698
Joined: 11/3/2004
Status: offline
If the corporations don't like razor thin profits they can quit.

_____________________________

Have they not divided the prey; to every man a damsel or two? Judges 5:30


(in reply to DesideriScuri)
Profile   Post #: 46
RE: Wal-Mart Employees' Thanksgiving Food Drive... - 11/19/2013 1:29:27 PM   
farglebargle


Posts: 10715
Joined: 6/15/2005
From: Albany, NY
Status: offline
Pretty much. No-one is demanding they stay in business, and when they're gone, new healthier businesses will take their place.

Think of it as "Economic Calvinism". If they fail, it's because G-d hates them and they were predestined for failure. And there's NO POINT IN SUPPORTING A CORPORATION DESTINED FOR FAILURE, is there? It only MAKES THEM DEPENDENT, right?

_____________________________

It's not every generation that gets to watch a civilization fall. Looks like we're in for a hell of a show.

ברוך אתה, אדוני אלוקינו, ריבון העולמים, מי יוצר צמחים ריחניים

(in reply to mnottertail)
Profile   Post #: 47
RE: Wal-Mart Employees' Thanksgiving Food Drive... - 11/19/2013 1:35:15 PM   
farglebargle


Posts: 10715
Joined: 6/15/2005
From: Albany, NY
Status: offline
To those who don't understand the idea of Wal-mart fradulently claiming tax credits:

Here's a link to more than 10 million dollars in taxpayer funds wal-mart is getting, which they don't need. And I say that their claim that they need it, in light of their executive bonuses, is nothing less than criminal fraud in violation of 18 USC 371.

http://www.walmartsubsidywatch.org/subsidy_report.html?sub=U2FsdGVkX19IWzvnf4V0SJB*C4YTLrKV



_____________________________

It's not every generation that gets to watch a civilization fall. Looks like we're in for a hell of a show.

ברוך אתה, אדוני אלוקינו, ריבון העולמים, מי יוצר צמחים ריחניים

(in reply to farglebargle)
Profile   Post #: 48
RE: Wal-Mart Employees' Thanksgiving Food Drive... - 11/19/2013 1:36:38 PM   
mnottertail


Posts: 60698
Joined: 11/3/2004
Status: offline
Well, no, unfortunately its because corporations are people too.  You know, fair playing ground, if the corporation does not pay living wages, the people can quit.  That is the nutsacker remedy. Freedom for all.

If the corporations dont like razor thin margins, well by god, they are people to, and they can quit.  Fuck em.

Freedom for them too.

_____________________________

Have they not divided the prey; to every man a damsel or two? Judges 5:30


(in reply to farglebargle)
Profile   Post #: 49
RE: Wal-Mart Employees' Thanksgiving Food Drive... - 11/19/2013 1:49:10 PM   
kalikshama


Posts: 14805
Joined: 8/8/2010
Status: offline
quote:

I'm glad that those of you who think Walmart employees don't deserve charity


Actually, the argument is mostly whether or not Walmart should be paying a living wage so that their employees are not in need of charity.






< Message edited by kalikshama -- 11/19/2013 1:51:44 PM >

(in reply to Anuser)
Profile   Post #: 50
RE: Wal-Mart Employees' Thanksgiving Food Drive... - 11/19/2013 1:49:32 PM   
joether


Posts: 5195
Joined: 7/24/2005
Status: offline
quote:

ORIGINAL: DomKen
quote:

ORIGINAL: kdsub
Wouldn’t it be refreshing if a large box store would hire only full time employees and pay them a living wage. I bet they could still compete and make a decent profit.

I’ve always thought that the worth and desirability of a job promotes loyalty…good attendance…and good job performance. These qualities would project to higher profits in my opinion.

Butch

Costco does.
http://money.cnn.com/2013/08/06/news/economy/costco-fast-food-strikes/
That's one of the reasons I do most of my shopping there.


Yes, I do as well. The people are usually friendly, helpful and can direct you to what your looking for (including walking you to the spot). Wal-Mart employees often seem taxed, burden, stressed, unhappy, tired, worn down, tortured and yearning for something better in life. It says a lot of a business owner or corporation that takes care of its employees rather than exploit them. Would you associate with someone that cruelly beats their pets? Or one that keeps them healthy, happy, and lots of attention (without it being obsessive)? Companies are the same way towards its employees.

(in reply to DomKen)
Profile   Post #: 51
RE: Wal-Mart Employees' Thanksgiving Food Drive... - 11/19/2013 1:51:26 PM   
kalikshama


Posts: 14805
Joined: 8/8/2010
Status: offline
The 10 Companies Paying Americans The Least: 24/7 Wall Street

...Companies that pay employees poorly fall into one of three industries: retailers such as Walmart and Sears, restaurant chains such as McDonald’s and Yum! Brands, and grocery stores such as Kroger. These industries are customer-facing and rely on a fleet low- and minimum-wage workers to take orders, stock clothing and goods and wait tables. “The service sector across the board — the retail and restaurant industries — those are the core of the low-wage labor market,” explained Jack Temple, policy analyst at the National Employment Law Project (NELP).

To reinforce the argument that the low wages these companies are paying are unfair, Temple points to the large compensations most of the chief executive officers at these companies receive. CEOs at nine of these 10 companies are paid more than $10 million annually, while Michael Duke and Howard Schultz, CEOs of Walmart and Starbucks, each receive more than $20 million per year.

Perhaps a fairer measure that may indicate whether a company can afford to increase its employees’ wages is the profitability of these companies. Net income in all but one of these companies has increased over the past five fiscal years. Kroger’s net income more than tripled since fiscal year 2008 to nearly $1.4 billion. Sears’ net income, on the other hand, has declined significantly during that time. The company recorded a net loss of $930 million this year.

Temple explained: “Low-wage companies have choices. They can continue making a lot of profits, and can continue paying their CEOs an incredible amount of money by paying low wages to their employees. But they have the resources to operate profitably and pay high wages as well.”

Read more: http://www.huffingtonpost.com/2013/11/16/companies-pay-americans_n_4288090.html

(in reply to kalikshama)
Profile   Post #: 52
RE: Wal-Mart Employees' Thanksgiving Food Drive... - 11/19/2013 1:56:04 PM   
directiveerror


Posts: 128
Joined: 11/17/2013
Status: offline
my retailer is 24 hours and no only full time employees get holiday bonuses i believe... could be wrong but thats what the boss told me(also the company pays for the new required health care if you are full time but part-timers are still on their own). but its fine i like working and it keeps me out of the kitchen and my other jobs dont usually have holiday hours so its a needed break.

(in reply to DesideriScuri)
Profile   Post #: 53
RE: Wal-Mart Employees' Thanksgiving Food Drive... - 11/19/2013 2:08:09 PM   
joether


Posts: 5195
Joined: 7/24/2005
Status: offline
quote:

ORIGINAL: DomKen
quote:

ORIGINAL: Yachtie
quote:

ORIGINAL: Anuser
The entire point of the holiday is celebrating how hard it was to immigrate to a new country, and how generous the Native Americans were for sharing their food with the Pilgrims when they could have easily said, "If they can't put together a nice dinner for themselves then they're obviously too stupid to live and don't deserve food."

That's news to me.

You're unaware of who provided most of the food, and most of the know how to grow and gather the food they didn't bring, to the first Thanksgiving feast?


The Whole Point of the holiday is less about being 'PC' and 'neighborly' than it is violent, racist and a bit of capitalism thrown in for good effect. Not to mention when American has Thanksgiving is a date decided on by a Democrat!

(in reply to DomKen)
Profile   Post #: 54
RE: Wal-Mart Employees' Thanksgiving Food Drive... - 11/19/2013 2:14:45 PM   
kalikshama


Posts: 14805
Joined: 8/8/2010
Status: offline
Joe, you're in Massachusetts, right? Ever been to the annual National Day of Mourning in Plymouth? My mother, brother and I went one year. I was going to go this year, but it looks like I have a command performance with the future in-laws.

(in reply to joether)
Profile   Post #: 55
RE: Wal-Mart Employees' Thanksgiving Food Drive... - 11/19/2013 3:17:57 PM   
DomKen


Posts: 19457
Joined: 7/4/2004
From: Chicago, IL
Status: offline

quote:

ORIGINAL: DesideriScuri

quote:

ORIGINAL: DomKen
And all those businesses will fail because profits in a healthy economy should be razor thin. Deflation is always a disaster. Imagining otherwise ignores both economic theory and history.


And, you are wrong. Profits don't have to be "razor thin." Profits should be healthy enough to lure people into supplying the market, but not so high as to lure too many suppliers, leading to oversupply and resource misallocation.

"Imagining otherwise ignores both economic theory and history."


If the profit margin on any item is higher than a couple of percent then, in the theoretical free market, other competitors will move in and under cut prices until that razor thin margin is achieved. That's how people who understand economics knows that at its very most basic heart the US economy is corrupt and has been since sometime in the early 80's when the idea of a 2% profit margin became unacceptable to the investment class.

(in reply to DesideriScuri)
Profile   Post #: 56
RE: Wal-Mart Employees' Thanksgiving Food Drive... - 11/19/2013 3:25:55 PM   
DomKen


Posts: 19457
Joined: 7/4/2004
From: Chicago, IL
Status: offline

quote:

ORIGINAL: joether

quote:

ORIGINAL: DomKen
quote:

ORIGINAL: kdsub
Wouldn’t it be refreshing if a large box store would hire only full time employees and pay them a living wage. I bet they could still compete and make a decent profit.

I’ve always thought that the worth and desirability of a job promotes loyalty…good attendance…and good job performance. These qualities would project to higher profits in my opinion.

Butch

Costco does.
http://money.cnn.com/2013/08/06/news/economy/costco-fast-food-strikes/
That's one of the reasons I do most of my shopping there.


Yes, I do as well. The people are usually friendly, helpful and can direct you to what your looking for (including walking you to the spot). Wal-Mart employees often seem taxed, burden, stressed, unhappy, tired, worn down, tortured and yearning for something better in life. It says a lot of a business owner or corporation that takes care of its employees rather than exploit them. Would you associate with someone that cruelly beats their pets? Or one that keeps them healthy, happy, and lots of attention (without it being obsessive)? Companies are the same way towards its employees.

It having been years since I last set foot in a Wal-Mart I cannot comment on the status of their employees but Costco employees make saving a lot of money on stuff a pleasure. Anyone with a family to feed or who can freeze fresh meats etc. should join just for the groceries, the booze and wine section is just gravy.

(in reply to joether)
Profile   Post #: 57
RE: Wal-Mart Employees' Thanksgiving Food Drive... - 11/19/2013 3:29:34 PM   
DomKen


Posts: 19457
Joined: 7/4/2004
From: Chicago, IL
Status: offline
quote:

ORIGINAL: joether

quote:

ORIGINAL: DomKen
quote:

ORIGINAL: Yachtie
quote:

ORIGINAL: Anuser
The entire point of the holiday is celebrating how hard it was to immigrate to a new country, and how generous the Native Americans were for sharing their food with the Pilgrims when they could have easily said, "If they can't put together a nice dinner for themselves then they're obviously too stupid to live and don't deserve food."

That's news to me.

You're unaware of who provided most of the food, and most of the know how to grow and gather the food they didn't bring, to the first Thanksgiving feast?


The Whole Point of the holiday is less about being 'PC' and 'neighborly' than it is violent, racist and a bit of capitalism thrown in for good effect. Not to mention when American has Thanksgiving is a date decided on by a Democrat!

I wasn't saying that the later interactions between whites and natives wasn't bloody and ugly, I was simply establishing that the 1621 feast was due to the friendship between the Plymouth colonists and the neighboring tribe that essentially taught them how to survive. Though it does make you wonder, what kind of morons sail across an ocean to settle a wilderness with no idea how to farm, hunt or fish?

(in reply to joether)
Profile   Post #: 58
RE: Wal-Mart Employees' Thanksgiving Food Drive... - 11/19/2013 4:32:16 PM   
deathtothepixies


Posts: 683
Joined: 2/19/2012
Status: offline

quote:

ORIGINAL: DesideriScuri

quote:

ORIGINAL: deathtothepixies
quote:

ORIGINAL: Yachtie
fr
No one is forced to work for WM.

Indeed not, given as there are millions of better jobs out there with no one wanting them maybe they should get their shit together and do those wonderfully well paid jobs instead.
Or.....maybe it's the only fucking job they can do


If that is the only job they can do, why do they merit a higher wage?


They don't merit a higher wage, after all someone has to do the shit jobs but ( this is a bit of a cross thread ) if someone is prepared to work 40/50/60 or more hours a week at a low wage level don't they deserve a little protection possibly in the form of free health care?

Or do you believe that if for some reason they can't work and support their family then they and their family should just be left to rot? Sell everything they have? Beg, borrow or steal just to stay alive?

Which one of those 2 scenarios is better for them AND the whole country in the long run?

(in reply to DesideriScuri)
Profile   Post #: 59
RE: Wal-Mart Employees' Thanksgiving Food Drive... - 11/19/2013 4:42:07 PM   
kalikshama


Posts: 14805
Joined: 8/8/2010
Status: offline
Attend a Black Friday Protest Near You!

Join Walmart workers around the country on Black Friday (Nov. 29th), the biggest shopping day of the year, as they stand up to Walmart and call for an end to retaliation against those who bravely speak out and a real wage of $25,000/yr.

Don't forget to download all of your protest materials.

Last year you told us you wanted more support and training to make sure you knew what to do. We heard you - and so we're having trainings all across the country - check them out here. If you're not near these, we'll also be having a phone training too (details coming soon).

If you have any questions, email us at support at changewalmart.org

Sign up to visit a store near you on Black Friday!

< Message edited by kalikshama -- 11/19/2013 4:43:50 PM >

(in reply to deathtothepixies)
Profile   Post #: 60
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