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Live by the CBO, die by the CBO

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I'll let the Michael Jordan of Economics speak .

 

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Be patient, he's googling.

And how much would it cost taxpayers if Walmart wasn't around to provide jobs and pay corporate taxes. Do you have ANY idea at all how big those numbers are?

I suppose a myriad of small businesses would pop up and replace Wal-Mart -- you know, those mom-and-pop hardware stores, independent grocers and tire stores that Wal-Mart put out of business with competitive pricing and a mix of minimum wages and public assistance.

 

That really wasn't the best question to ask, 75.

And everybody pays more. Great idea. :lol:

 

I'm sure you do your part and NEVER patronize any of the evil big box stores right?

I suppose a myriad of small businesses would pop up and replace Wal-Mart -- you know, those mom-and-pop hardware stores, independent grocers and tire stores that Wal-Mart put out of business with competitive pricing and a mix of minimum wages and public assistance.

 

That really wasn't the best question to ask, 75.

 

Wrong. It's apparent by your responses that you lack an in depth knowledge of our economic system and markets.

 

By the way, do you have those numbers for employment, employee taxes paid, and corporate taxes paid generated by Walmart, including their suppliers on down the chain? I'm still waiting.

Or evil food chains, or evil movie chains, or evil medical chains, or evil service chains, or evil......

 

Behind the times about 50 years or more.

I suppose a myriad of small businesses would pop up and replace Wal-Mart -- you know, those mom-and-pop hardware stores, independent grocers and tire stores that Wal-Mart put out of business with competitive pricing and a mix of minimum wages and public assistance.

 

That really wasn't the best question to ask, 75.

You mean the stores that charged exhorberent prices for goods that were as much as 50% cheaper at KMart, Target, Kroger and Walmart...Independent's also had a bad habit of having hours that were not conductive to keeping their customers. Can't close hardware store at 5pm every day and get mad because someone bought paint at Lowes at 7pm because they didn't get off work until 6pm.

 

The Ol' tried and true "Mom and Pop" argument has been disproved so many times it will make your head spin, but again your stuck with 6-10 year old talking points that were outdated when they came out 6-10 years ago.

Wrong. It's apparent by your responses that you lack an in depth knowledge of our economic system and markets.

 

By the way, do you have those numbers for employment, employee taxes paid, and corporate taxes paid generated by Walmart, including their suppliers on down the chain? I'm still waiting.

I'll answer because it's un-telling what he'll come up with.

 

Walmart pays over $8 Billion a year in taxes and collect Billions and Billions more in sales taxes for the states.

 

Here are some numbers just for Kentucky

Suppliers:

Spent with suppliers: $1.5 billion

Supplier jobs supported: 32,386

*Supplier figures provided by Dun & Bradstreet for FYE 2013

 

Taxes and Fees:

Collected: $235.7 million

Paid: $40.6 million

*Collected on behalf of the state of Kentucky as part of transactional sales of taxable goods and services for FYE 2013

Or evil food chains, or evil movie chains, or evil medical chains, or evil service chains, or evil......

 

Behind the times about 50 years or more.

Wal-Mart's business model isn't as robust as it used to be, which is why Bentonville has embraced the public assistance solution in order to satisfy Wall Street. Every company has an expiration date. Back in the '60s, A&P and Montgomery Ward were top dogs. Now they're just memories.

Wal-Mart's business model isn't as robust as it used to be, which is why Bentonville has embraced the public assistance solution in order to satisfy Wall Street. Every company has an expiration date. Back in the '60s, A&P and Montgomery Ward were top dogs. Now they're just memories.

 

Once again just repeating talking point drival...Walmart stock is near an all time high, sales are at record levels even in bad or slow months.

 

What exactly does "Embrace the public assistance solution" mean?

You mean the stores that charged exhorberent prices for goods that were as much as 50% cheaper at KMart, Target, Kroger and Walmart...Independent's also had a bad habit of having hours that were not conductive to keeping their customers. Can't close hardware store at 5pm every day and get mad because someone bought paint at Lowes at 7pm because they didn't get off work until 6pm.

 

The Ol' tried and true "Mom and Pop" argument has been disproved so many times it will make your head spin, but again your stuck with 6-10 year old talking points that were outdated when they came out 6-10 years ago.

I've also read that in addition to keeping a vast number of employees on "part-time status" in order to rein in benefits, Wal-Mart also requires said employees to be "on call" if needed at odd hours. The latter tactic precludes these workers from obtaining second jobs. Care to comment?

I've also read that in addition to keeping a vast number of employees on "part-time status" in order to rein in benefits, Wal-Mart also requires said employees to be "on call" if needed at odd hours. The latter tactic precludes these workers from obtaining second jobs. Care to comment?

 

You have read wrong, if they are not scheduled the time clock will not allow them to even clock in with out a managers over ride. The "On Call" comment let's me know just exactly out of touch with this subject your information is. As far as the part time benefits remark, part time employees qualify for insurance and Walmart unlike the majority of retailers is well over 50% full time. The stores that I know exact numbers on were in the 65-75% FT range.

 

Associate's can also set their availability on their schedule to be off any time they want if done at least three weeks in advance as schedules are made three weeks out. So if you have a second job working at the local school and can't work until after 5pm any day you can set your availability so that your never scheduled before 5pm.

 

Most Part time employees are PT because they don't want to work that many hours per week, not because Walmart is cutting cost by keeping them down at PT.

 

Turnover is a big issue and the more pay and benefits that you give someone the better chance you have of retaining their employment.

Ironically, I just treated a part time Walmart employee this morning who had insurance provided by Walmart

She's now minus 3 teeth, but still....

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