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15$ an hour minimum wage?
Walmart, the largest retailer in the world, can't pay this without going out of business......so why do Liberals think unskilled entry level jobs meant for teenagers should pay that much?
Walmart operates on a 5-6% profit margin. a 50% hike in wages would force them to raise prices...which would hurt their business model and cause them to lose cusotmers.
Walmart Employs 2,000,000 people. If their 10$ an hour wage is increased to 15$ that amounts to $10,000,000 an hour or $80,000,000 more each 8 hour day. Roughly 360 days a year… that costs Walmart and extra $28,800,000,000 28 Billion 800 Million dollars a year. If they have to raise wages….. a lot of people going to lose their jobs.
8 Answers
- 6 years ago
The only liberal who's responded so is a low life who's done nothing to actually debate your point. ( lord only knows if he's understood it )
That is actually the main problem with liberals; their tactic is to ignore problems, and hope that they can just go away on their own. Just look at how they dwell on the internet in some tumbler fantasy land, its perfect for them.
The answer is, Walmart can afford to pay, but unlike what the idiots can not understand, is that if they CAN AFFORD to pay their workers that, it will be because there are LESS workers.
So now, people are being paid 15 dollars an hour, but a LOT more people are unemployed. Some of us need a lesson about cause and effect.
- ?Lv 76 years ago
sentence fragment
"Definition. A SENTENCE FRAGMENT fails to be a sentence in the sense that it cannot stand by itself. It does not contain even one independent clause. There are several reasons why a group of words may seem to act like a sentence but not have the wherewithal to make it as a complete thought."
- Anonymous6 years ago
Yes and index it. Walmart can pay that much and not go out of business.
If those jobs are not necessary then eliminate the jobs and let higher paid workers do the necessary jobs.
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- Anonymous6 years ago
results in a $0.17 increase in the price of Big Mac and a 2% reduction in McDonald's profit margin
Source(s): Perdue University and the NRA