SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : A US National Health Care System?
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Road Walker who wrote (38772)3/12/2015 9:47:34 AM
From: TimF1 Recommendation

Recommended By
i-node

   of 42652
 
They're also successful by keeping employee cost below a living wage. And having government, you and me, take up the slack.

Several problems with that statement.

1 - Its the government's action to decide to pay welfare, food stamps, etc. Not Walmart's.

2 - Walmart doesn't increase the cost to the government it reduces it. The government pays out less in benefits because of Walmart jobs.

3 - Benefits paid by the government probably increase the cost of low skilled labor by increasing the reservation rate of potential low skill/pay employees.

So you have an action by government, not Walmart, that isn't made more costly by Walmart, and that increases cost for employers of entry level employees (and might have contributed to Walmart's decision to go to $10/hour).
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News