Open Side Menu Go to the Top
Register
Is There A Flaw In This Walmart/Minimum Wage Column? Is There A Flaw In This Walmart/Minimum Wage Column?

12-09-2013 , 03:56 PM
Quote:
Originally Posted by JayTeeMe
?

I thought the problem was these people didn't have enough money. Seems like the simplest solution is to give them money.
It will never ever be implemented though, which makes it the literal opposite of the simplest solution.

We could debate its merits from a fundamentally theoretical standpoint but raising min wage is actually an achievable solution. As is taxing corporate profits and giving them money, fwiw, but the negative income tax will never happen in America under the current paradigm.
12-09-2013 , 04:05 PM
Quote:
Originally Posted by Liberty Lost
A victim of circumstance is someone killed in a robbery at a bank. Someone who doesn't take the time to learn to read or who has 3 children before they are 18 are not victims of circumstance. Keys to success in this country is not rocket science. Graduate high school and don't have kids before you are established in life is pretty much it. Apparently that is too much to ask of people though.
Profoundly ignorant, but i'm not sure what else i expected
12-09-2013 , 04:38 PM
The article makes the assumption that if Walmart workers could do better they would and Walmart would be forced to offer more to attract workers. And in theory this is correct but in practice low wage workers have virtually zero leverage unless they want to martyr themselves and Walmart (as do all companies where low wage employees are a sizable chunk of there staff) uses this fact.

It's the problem with all these articles where they spell out perfectly reasonable positions as long as you can ignore some important factors because your average reader couldn't possibly imagine a situation where the choices being presented aren't available.
12-09-2013 , 04:45 PM
Quote:
Originally Posted by [Phill]
Advocating for the NIT in this discussion is like advocating magical replicators from star trek are used to clothe and feed the poor.

Except there is a chance the replicators could exist at some point in our lifetimes in some rudimentary form as 3D printing.
Huh? It is very easy to implement, it is simpler than the current tax code.
12-09-2013 , 05:40 PM
Quote:
Originally Posted by JayTeeMe
Well, it also ignores that if McDonalds could make more money by charging more per Big Mac they'd already be doing so.
You think McD's experiments with the price of a Big Mac to find the perfect price point? I doubt it. They probably use someone trained in neoclassical economics, who pretended that the only reason someone picks a Big Mac over a Whopper or whatever is price and that if they cost the same, all consumers will be identically indifferent between them.
12-09-2013 , 05:59 PM
Quote:
Originally Posted by Monkey Banana
You think McD's experiments with the price of a Big Mac to find the perfect price point? I doubt it. They probably use someone trained in neoclassical economics, who pretended that the only reason someone picks a Big Mac over a Whopper or whatever is price and that if they cost the same, all consumers will be identically indifferent between them.
So basically you have the secret formula that could increase McDonalds (and basically every other company in the world's) profits by significant amounts, which would no doubt get you a nobel prize and lift countless millions out of poverty worldwide and you're just gonna keep it secret because you're just that principled?

Seems legit.
12-09-2013 , 06:20 PM
Quote:
Originally Posted by Monkey Banana
You think McD's experiments with the price of a Big Mac to find the perfect price point? I doubt it.
They do, all the time.

Quote:
Originally Posted by Monkey Banana
They probably use someone trained in neoclassical economics, who pretended that the only reason someone picks a Big Mac over a Whopper or whatever is price and that if they cost the same, all consumers will be identically indifferent between them.
They run armies of stat heads too. And believe me, they don't believe consumers treat Big Macs and Whoppers the same.
12-09-2013 , 06:55 PM
Quote:
Originally Posted by pvn
So basically you have the secret formula that could increase McDonalds (and basically every other company in the world's) profits by significant amounts, which would no doubt get you a nobel prize and lift countless millions out of poverty worldwide and you're just gonna keep it secret because you're just that principled?

Seems legit.
Ha ha, Shame Trolly, you are much better at constructing strawmen than this. Come on son.
12-09-2013 , 07:31 PM
Quote:
Originally Posted by SenorKeeed
Huh? It is very easy to implement, it is simpler than the current tax code.
Can you name even 10 Congressmen who would likely support the NIT if some bill were introduced tomorrow?

Both political parties would hate it for different reasons.
12-09-2013 , 07:33 PM
what the hell is going on here guys
12-09-2013 , 07:35 PM
Quote:
Originally Posted by superleeds
The article makes the assumption that if Walmart workers could do better they would and Walmart would be forced to offer more to attract workers. And in theory this is correct but in practice low wage workers have virtually zero leverage unless they want to martyr themselves and Walmart (as do all companies where low wage employees are a sizable chunk of there staff) uses this fact.
Shouldnt this worry you a lot if you want to raise the minimum wage tho? I understand that you can make an argument about monopsony power, but if minimum wages workers only have this option you should be very careful not to put it in jeopardy.
12-09-2013 , 08:29 PM
Quote:
Originally Posted by [Phill]
Can you name even 10 Congressmen who would likely support the NIT if some bill were introduced tomorrow?

Both political parties would hate it for different reasons.
I can't name ten congressmen total I don't think. Barney Frank, Boehner, ummmmmmmmmmm...

It won't get implemented in the next few years for sure but it's insane to be as certain as you seem to be as to what the political climate in the US will be say twenty years from now.
12-09-2013 , 08:32 PM
Barney Frank is not a congressman.
12-09-2013 , 08:33 PM
Barney Frank is no longer a congressman AFAIK

Last edited by rjoefish; 12-09-2013 at 08:33 PM. Reason: ponied!
12-09-2013 , 08:34 PM
Damn, so I can literally name one congressman. Is Grayson still a congressman?
12-09-2013 , 08:35 PM
Apparently yes, but I missed when he was out of office like three years ago....
12-09-2013 , 08:36 PM
OH WAIT NANCY PELOSI BOOM THREE
12-09-2013 , 08:45 PM
I am literally scrolling through a list of members and including the ones I can like vaguely put a face/state/party affiliation to:

Maxine Waters
Loretta Sanchez
John Dingell
John Conyers
Michelle Bachmann
Peter King
Charlie Rangel
Mark Sanford (wat when did this happen???)
Paul Ryan

That is all
12-09-2013 , 09:34 PM
This is why we get the government we deserve.
12-09-2013 , 11:05 PM
Quote:
Originally Posted by daca
Shouldnt this worry you a lot if you want to raise the minimum wage tho? I understand that you can make an argument about monopsony power, but if minimum wages workers only have this option you should be very careful not to put it in jeopardy.
Because Wal-Mart just wouldn't bother with staff if it had to pay them more?

Hint: if they could manage with fewer staff, they already would be doing.

This ish works both ways even if rightists pretend it doesn't.
12-09-2013 , 11:10 PM
the house is an absolute joke right now, its like 40% idiotic liberals, 55% idiotic right wingers, 5% terrified of primaries
12-09-2013 , 11:11 PM
Quote:
Originally Posted by zikzak
This is why we get the government we deserve.
Naw man I don't vote
12-09-2013 , 11:28 PM
lol @ not knowing who Bernie Sanders is

Last edited by Paul McSwizzle; 12-09-2013 at 11:29 PM. Reason: among others obv
12-09-2013 , 11:40 PM
I know enough about Bernie Sanders to know he is not a congressman.
12-10-2013 , 12:03 AM
Are people against inheritence also against lotteries and bad beat jackpots or people who find priceless antiques at garage sales?

Does it really rustle your jimmies that badly that some people just acquire welath through dumb luck and chance?

      
m