Tornado Alley (PROG)

[sortagreen]

Walmart is raising wages in response to serious pressure from competition and worker unrest. It still amounts to little or nothing for their workers. Read the actual details in my post.

US corporations have been sitting on $2.3 trillion in cash reserves. Are you suggesting that handing them another $1.7 is going to change their treatment of workers?

Consider the Walmart sham.

"Walmart CEO Doug McMillon said the corporate tax cuts passed by Congress and signed by Trump inspired Walmart “to accelerate a few pieces of our investment plan” in the United States, as if these moves might have been in the planning stages. Rolling out paid maternity leave across 4,752 stores is hardly something you can do in 20 days."

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"three big new benefits—fully paid maternity leave of 10 weeks for full-time employees; fully paid parental leave for spouses of newborns, of six weeks; and up to $5,000 to employees who want to adopt a child. Those are “sticky” benefits—the kind that might keep you from leaving Walmart just to earn 50 cents or $1 an hour more, or might woo you to Walmart in the first place. Walmart might not have needed to worry about that in a weak economy with plenty of people looking for work, but they clearly understand they’ll have to fight for employees going forward—and that’s a sign of a strong economy that’s been long in the works. "

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"Walmart has powerful business reasons for being more generous to its workers. Four years ago, McMillon looked around and concluded that the company’s employees were long undervalued, and that cutbacks during the recession had made their lives even worse. He’s lifted wages across the company, improved training, and—as important as anything else—increased staffing store-by-store. Working for modest wages, in a busy, understaffed Supercenter, is discouraging—bad for morale, bad for customers, bad for Walmart’s business. McMillon is trying to change that."

https://www.politico.com/magazine/story/2018/01/12/wal-mart-pay-increase-tax-boost-216307

Not to say (as the article concedes) the the benefits are not real to the people working for the Waltons, but your facile bullshit regurgitation of Fox talking points is, frankly disgusting and basically just shows you for the mouth-breathing hater you always are.

What did you give your workers?