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The current time is Wed Jul 18 07:54:39 2018

Utopia Talk / Politics / Walmart Is Going
Hot Rod
Revved Up
Thu Jan 11 07:39:28

to raise their minimum wage from $9 to $11 an hour.

Plus they are going to give a $1,000 (?) bonus to an additional 1,000,000 making over 2,000,000 to get the bonus.

Thanks to President Trump's new tax law.


Frankly so many firms are looking out for their employees I'm sure that none of us have heard of all of those very special companies that are looking out for their employees.

If you have heard of any, please post them below.

yankeessuck123
Member
Thu Jan 11 07:45:25
" Frankly so many firms are looking out for their employees I'm sure that none of us have heard of all of those very special companies that are looking out for their employees. "

Corporate profits are at record highs and your average worker makes the same in real terms as they did 40 years ago.
Hot Rod
Revved Up
Thu Jan 11 07:51:17

Not necessarily so.

Since the new tax law has passed millions of employees and future employees have benefited from bonuses to higher wages.


The more corporations that raise their wages the more smaller firms will have to raise their starting wage to compete for good employees.



yankeessuck123
Member
Thu Jan 11 07:55:11
I'm speaking of a 40 year trend, and I can certainly link facts and figures to back it up.

Do you have any sort of backing, at all, to support your claims of "millions" of employees benefiting from the tax law, and all these big companies taking great care of their employees as a result of this tax law?
hood
Member
Thu Jan 11 08:01:56
It was pretty obvious that AT&T and Verizon (it was Verizon, right? Whichever other cable company it was) were just buying good will to the tune of a small fraction of their tax savings. I haven't looked into Walmart, but considering they don't pay their employees a livable wage, I hardly care about them increasing their minimum wage. People will still be forced to get help from the government because Walmart refuses to pay respectable wages.
Hot Rod
Revved Up
Thu Jan 11 08:02:14

And I am talking of the future that the new Trump Tax Law will bring to the American worker.

Delude
Member
Thu Jan 11 08:05:32
You're so dumb.
CrownRoyal
Member
Thu Jan 11 08:07:47
Walmart raised its minimum wage to $9 hour in 2015, $10 per hourr in 2016, and now $11/hr in 2018.

pace of increases slowing?
yankeessuck123
Member
Thu Jan 11 08:14:02
Do you at least have a solid theoretical basis for why trickle-down economics will work this time when it never has in the past, Hot Rod?

Or are you simply parroting right-wing talking points?
Hot Rod
Revved Up
Thu Jan 11 08:22:22

yankee, can you provide a ;theoretical basis' as to why the Japanese are investing Billions to build a new auto plant in Alabama that will employ 4000 new workers when the have announced they are doing it because of the new tax law.


BTW, Walmart is also giving more benefits to new mothers.

CrownRoyal
Member
Thu Jan 11 08:26:21

New layoffs at Indiana Carrier factory a year after Trump deal

Tom Davies, Associated Press Published 11:08 pm, Wednesday, January 10, 2018

NDIANAPOLIS - A new round of layoffs is taking effect this week at the Carrier Corp. factory in Indianapolis a little more than a year after President Donald Trump touted a deal that staved off the plant's closure and saved some of its jobs.

About 215 people are being let go starting Thursday, leaving about 1,100 workers at the plant, according to the company. That's down from the some 1,600 factory, office and engineering jobs at the facility when Carrier announced plans in early 2016 to move production to Mexico.

This week's previously announced layoffs follow about 340 job cuts at the factory in July.

Trump frequently criticized Carrier's plant closing plans during the 2016 campaign. He traveled to the Indianapolis factory three weeks after his election win to announce a tax-incentive agreement partially reversing the closure and keeping some 800 furnace production jobs...
..Trump and other Republicans maintain the business tax cuts included in the $1.5 trillion tax overhaul he signed into law last month will lead to more jobs and higher wages across the country."
cont
https://www.chron.com/business/article/New-layoffs-at-Indiana-Carrier-factory-a-year-12489577.php
CrownRoyal
Member
Thu Jan 11 08:29:18
Also, US workers should prepare for the usual fallout, once the tax revenues plunge due to the tax cuts, and republicans rediscover their budget deficit concerns. That $1/h raise better cover for all the social program cuts that are coming
hood
Member
Thu Jan 11 08:31:32
"yankee, can you provide a ;theoretical basis' as to why the Japanese are investing Billions to build a new auto plant in Alabama that will employ 4000 new workers when the have announced they are doing it because of the new tax law."

Yeah. Making cars is expensive. But more expensive is freight delivery across the Pacific. If Japan believes they'll see an uptick in demand, they aren't going to build assembly plants in Japan, they'll build them here.

Japan wouldn't be opening a plant unless they needed to meet North American demand (i.e. the US). The tax law is just an excuse.
Hot Rod
Revved Up
Thu Jan 11 09:02:45

I can't believe you guys are such ostriches.

yankeessuck123
Member
Thu Jan 11 10:48:51
^says the guy going ad hom instead of debating on intelligent terms...?
Paramount
Member
Thu Jan 11 12:25:00
"can you provide a ;theoretical basis' as to why the Japanese are investing Billions to build a new auto plant in Alabama"


They are probably building it there because they feel they can make a lot of money from you. The Japanese company are going to use your cheap labor and low taxes to enrich themselves and Japan.
patom
Member
Thu Jan 11 13:07:43
Japanese auto makers much like US automakers and EU automakers have no loyalty to any country. They will move their manufacturing or assembly plants where ever they can to make more money.
Sam Adams
Member
Thu Jan 11 13:40:48
There is a trend towards slightly too much skewed income to the very top in our economy at this time.
swordtail
Anarchist Prime
Thu Jan 11 14:25:39
The Latest: Walmart closing more than 60 Sam's Club stores

http://ca....closing-more-60-200250888.html
Forwyn
Member
Thu Jan 11 14:28:48
Walmart plans to create 10,000 new jobs and open 59 new stores in the coming year, officials announced Tuesday.

The nation's largest private employer is planning some $6.8 billion in capital investments in 2017, including construction of new and remodeled stores and expansion of its popular Online Grocery Pickup service.

The new jobs will be additions to store personnel, as well as staffing for e-commerce services.

http://www...rt_plans_to_open_59_new_s.html
tumbleweed
the wanderer
Thu Jan 11 14:40:14
& Trump will take credit for all 59!

fun fact: they said they'd be opening 50-60 new stores last year too
Paramount
Member
Thu Jan 11 14:43:41
When will Ivanka Trump move the production of her products to America? Does anyone know?
tumbleweed
the wanderer
Thu Jan 11 14:45:09
(...well not last year, Jan 2016 i meant)
Forwyn
Member
Thu Jan 11 14:56:24
Most of the openings and closings are simply reorganization, of course. In Jan 2016 they announced those openings at the same time they said they've be closing dozens of Express stores.

Depending on the rag you read, either Wal-Mart is going to save us all, or they're about to go under.

Retailers are moving to e-commerce models to compete with Amazon. Small stores and mammoth membership wholesalers run contrary to this.
Cthulhu
Tentacle Rapist
Thu Jan 11 15:30:16

'Frankly so many firms are looking out for their employees I'm sure that none of us have heard of all of those very special companies that are looking out for their employees. '

Do you mean firms that took care of their employees before the tax reform, or firms that are giving a small fraction of their savings to their employees, hoping for even bigger breaks later?
Sam Adams
Member
Thu Jan 11 15:37:27

swordtail
Anarchist Prime Thu Jan 11 14:25:39
The Latest: Walmart closing more than 60 Sam's Club stores

Those fucking aholes!
patom
Member
Thu Jan 11 18:24:58
The Waltons Giveth and the Waltons taketh away.

The Twitterman will take credit for the pay raises and blame the Clintons for the Sams club closings.
Dukhat
Member
Thu Jan 11 18:58:22
Bread and Circuses for all!
delude
Member
Thu Jan 11 22:19:03
so the trump tax plan; give raises, and bonuses then fire employees.
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