Wal-Mart says it will pull out of D.C. plans should city mandate ‘living wage’

Discussion in 'Too Hot for Swamp Gas' started by GatorGrowl, Jul 10, 2013.

  1. GatorGrowl
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    GatorGrowl Forum Admin Staff Member GC Staff VIP Member

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    http://www.washingtonpost.com/local...a7e710-e8d0-11e2-a301-ea5a8116d211_story.html


    So Wal Mart will take its jobs go else where....
  2. MichiGator2002
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    MichiGator2002 VIP Member

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    Good for Wal-Mart. Hopefully DC is teachable, but sometimes people don't learn until after they touch the stove.

    Six Wal-Marts in DC could employ 1800 people, but also provide a great deal of affordability and convenience to the entire population there. But that's not going to be happening at $12.50/hr, and those six stores are not going to successfully bully Wal-Mart into drinking the arsenic of unionization.
  3. GatorGrowl
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    The blatant targeting of Wal Mart is amazing
  4. wgbgator
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    wgbgator Sub-optimal Poster Premium Member

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    Why is it amazing? They're one of the largest employers on Earth, so they have a great deal of influence over the labor market.
  5. brainstorm
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    Wage controls. Price controls. Do they actually work? Ever?
  6. oragator1
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    $12.50 in DC is barely a living wage, the average household income is around 85k.
    The question I guess is whether a non livable wage is better than no wage at all.
  7. wgbgator
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    wgbgator Sub-optimal Poster Premium Member

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    Sure, in some situations.
  8. GatorGrowl
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    So why not Macy's, Home Depot, Lowes....
  9. MichiGator2002
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    Leaving aside the fact that unquantified, unquantifiable political rhetoric like "living wage" are BS from the word "go", that question isn't much of a question.

    Money > Not Money. We could do one of those AT&T commercials about it -- "is making money better than not making money?"
  10. MichiGator2002
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    MichiGator2002 VIP Member

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    Wage controls work great. Assuming they're put in place to run off entrepreneurs or major companies expanding into the areas under them.

    Price controls work great. Assuming they're put in place to create shortages.
  11. wgbgator
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    wgbgator Sub-optimal Poster Premium Member

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    Home Depot employees: 340,000, ~2,250 locations

    Wal Mart Employees: 2.2 million, ~8900 locations

    Is it targeting? Or is it just that with more workers and locations, more cities and gov't entities deal with Wal Mart?
  12. GatorGrowl
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    So the law states this, but stores already there grandfathered in making Wal Mart the only one--that is targeting... WM leaving will settle the matter...


  13. wgbgator
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    Some businesses with "wage controls:" NFL, NBA, MLS ...

    Some businesses with "price controls": Every auto insurer, most agribusiness, utilities ...
  14. wgbgator
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    wgbgator Sub-optimal Poster Premium Member

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    Wal Mart meets with a lot of resistance when it wants to do business somewhere, for various reasons. "1800 jobs" sounds nice, but that doesnt happen in a vaccuum. What happens with mom and pops? Other grocery chains? What does it do to wages overall in the labor market? These are things city councils look at too.
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  15. GatorBen
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    Just FYI, I think getting Walmart to abandon their plans to open DC stores was the entire point of this legislation...

    A lot of DC has been fairly resistant to the idea of Walmart opening stores there at all, and they had finally gotten approval to do so.
  16. brainstorm
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    I'm all "eyes".
  17. rivergator
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    rivergator Well-Known Member

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    yeah, I question the job growth, too. it's not like all of a sudden people in DC will start buying groceries. it's possible that some will shop in the city rather than driving outside of it. but many will just quit going to one store to go to Wal-mart.
  18. wgbgator
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    Yeah, that's my thinking too. Also, Wal Mart doesnt want a wage floor much higher than the national minimum. I mean, the average wage for a Wal Mart employee is about $12/hr already. $12.50 isnt a non starter if it was just DC. They just dont want to set a precedent for other stores nationwide.
  19. wgbgator
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    See #13
  20. GatorGrowl
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    Maybe, maybe no..

    That is what happened in Chicago, NY

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