Trickle Down Does Still Work

[Ransom]

Can't speak about the entire left, but yeah, according to the parables of Jesus too.

Yeah, suuuure they say that.

 

[qwerty]

So, Smellin', step up and pay the rent and the C-Section.

Yeah... Not going to happen. It's easier to just demand others to pay for it.

 

[Smellin Coffee]

Perhaps the stores that are being closed are under-performing stores and the closures have been in the works for a while. If that's the case, I'll admit that it's bad timing on Walmart's part to announce bonuses and higher starting wages and then announce store closings.

I've been in one of the Sam's Club stores that is slated for closure in Illinois (Matteson) and I have to admit that it's not the best Sam's Club I've ever been in. It's also in an economically depressed area that has seen a lot of stores going out of business, so I'm sure that hasn't helped.

So rather than infusing $ into an economically-depressed area by fixing the issues, it just makes more people in that area unemployed. So what happens? The club members go to the more "economically productive" (i.e, white) areas to do their business. Hurts both the patrons in the area who are transportationally challenged as well as the former employees of the store.

Life sucks, doesn't it?

For some, yes.

Just like the family I know who is expecting their 4th child next month (the eldest died two years ago at age 10) and are facing eviction the 9th of February (her scheduled C-section date is Feb 2). He hasn't worked since October due to an injury because his employer won't let him work "until he is 100%" and deemed so by a doctor).

This is a refugee family from Sudan who moved here 15 months ago without knowing a word in English and neither with an education past 9th grade. No skill set, language barrier, no education and no Internet (except for his Obamaphone which has very limited data).

So yeah, life does suck for some.

And who's paying for the C- section?  Was he injured at work? 

It used to be immigrants had to have support here before they come. 

This is exactly who we DON'T want immigrating.  So, Smellin', step up and pay the rent and the C-Section.  And get them internet.

He was not injured at work.

Glad you are being the hands and feet to Jesus to these folks by wanting to send them back to their pillaged village, risking their lives again. Pro-life Christianity at its finest, folks!

Yet another example of why I am Exvangelical. And yes, I have been personally helping them financially by paying what I am able to, some of their expenses.

 

[Smellin Coffee]

Wikipedia says Walmart employs 2.3 million employees. $400 million divided by 2.3 million folks brings the average to about $175 per employee. Considering some have been there over 20 years to get the full $1000 bonus, those who work there 5 years or less don't get much.

The left complains that Walmart underpays its employees.
Then the left complains that Walmart gives its employees a bonus.

Some people are never satisfied.

Apparently, the only money that can do someone any good is what the government gives them.

Laying off is "underpaying" employees. I'm glad they are raising their hiring wage to a more livable wage. I'm also not complaining the company is giving out a bonus. What I am saying is they shouldn't be giving out bonuses (primarily at corporate level where most 20-year employees work) at the expense of cutting the jobs of others, especially the lower-waged jobs. The bonus is nothing more than a shell game, not true "trickle down".

To help you with your math Walmart has 1.4 million employees in the US. The raises and bonuses apply to US employees only. Walmart has 4672 stores in the US (660 Sams clubs). The stores they are closing are under performing stores many in difficult areas to do business. The number of employees they employee at their world headquarters is minimal as a % of the total number.

So 40% of their employees are not eligible simply because they don't live in the US. Their value to the company shouldn't be rewarded. Who works 20 years at Walmart? The greeter at the front door? The cashier? They stockroom guy? There might be a couple. The majority of folks are those in either corporate positions or management.

Trickle down never goes as deep as needed. It is like putting coffee creamer in a cup of coffee. If it isn't stirred equally, the top portion gets the benefit whereas the middle is barely effected and there is little to no effect at the bottom of the cup where it is needed the most.

 

[Smellin Coffee]

Evil corporations wanting to make a profit!
That surely will change the direction of the flotillas!

You have to understand that to the left, a business proprietor is not running a means of making himself money and hiring employees to help him do so. He is a social worker running a charity for their benefit.

Can't speak about the entire left, but yeah, according to the parables of Jesus too.

You are my go to guy as to what the Bible says and doesn't say.... :
You are not only biblically ignorant, you are economically challenged as well.
Your number was no doubt 1!

I don't want to be your go-to guy for what the Bible teaches. Those should be the words in red. You should be using that as your strainer through which the rest of the canon is being filtered. Jesus' parables are clear about economics and about how to treat those who are less fortunate. I'm sorry your god of capitalism can't see through the Benjamins to recognize Jesus' teaching.

 

[Smellin Coffee]

Wikipedia says Walmart employs 2.3 million employees. $400 million divided by 2.3 million folks brings the average to about $175 per employee. Considering some have been there over 20 years to get the full $1000 bonus, those who work there 5 years or less don't get much.

The left complains that Walmart underpays its employees.
Then the left complains that Walmart gives its employees a bonus.

Some people are never satisfied.

Apparently, the only money that can do someone any good is what the government gives them.

Laying off is "underpaying" employees. I'm glad they are raising their hiring wage to a more livable wage. I'm also not complaining the company is giving out a bonus. What I am saying is they shouldn't be giving out bonuses (primarily at corporate level where most 20-year employees work) at the expense of cutting the jobs of others, especially the lower-waged jobs. The bonus is nothing more than a shell game, not true "trickle down".

To help you with your math Walmart has 1.4 million employees in the US. The raises and bonuses apply to US employees only. Walmart has 4672 stores in the US (660 Sams clubs). The stores they are closing are under performing stores many in difficult areas to do business. The number of employees they employee at their world headquarters is minimal as a % of the total number.

You don't understand business like #1 does.
Walmart should not consider whether or not the stores show profit or loss...they simply keep them going.
Until America is like Venezuela!

Again, sometimes closing stores has to take place. But this whole ploy was a shell game, to eliminate jobs to the top tier of employees in the US make a higher profit. This isn't completely the "trickle-down" from the tax break. That's all I was pointing out.

 

[Tarheel Baptist]

Evil corporations wanting to make a profit!
That surely will change the direction of the flotillas!

You have to understand that to the left, a business proprietor is not running a means of making himself money and hiring employees to help him do so. He is a social worker running a charity for their benefit.

Can't speak about the entire left, but yeah, according to the parables of Jesus too.

You are my go to guy as to what the Bible says and doesn't say.... :
You are not only biblically ignorant, you are economically challenged as well.
Your number was no doubt 1!

I don't want to be your go-to guy for what the Bible teaches. Those should be the words in red. You should be using that as your strainer through which the rest of the canon is being filtered. Jesus' parables are clear about economics and about how to treat those who are less fortunate. I'm sorry your god of capitalism can't see through the Benjamins to recognize Jesus' teaching.

Yet again, I remind you of reality:

 

[LongGone]

Evil corporations wanting to make a profit!
That surely will change the direction of the flotillas!

You have to understand that to the left, a business proprietor is not running a means of making himself money and hiring employees to help him do so. He is a social worker running a charity for their benefit.

Can't speak about the entire left, but yeah, according to the parables of Jesus too.

You are my go to guy as to what the Bible says and doesn't say.... :
You are not only biblically ignorant, you are economically challenged as well.
Your number was no doubt 1!

I don't want to be your go-to guy for what the Bible teaches. Those should be the words in red. You should be using that as your strainer through which the rest of the canon is being filtered. Jesus' parables are clear about economics and about how to treat those who are less fortunate. I'm sorry your god of capitalism can't see through the Benjamins to recognize Jesus' teaching.

Yet again, I remind you of reality:

Actually people do risk their life to leave Mexico (a free market economy) to come to the United States.  Good government and prosperity is more than just being a free market economy.

 

[Twisted]

Who works 20 years at Walmart?

I have a relative that worked 40 years for Walmart.

 

[4everfsu]

Truck drivers who started with Walmart with their stock programs many retired as millionaires.

 

[Twisted]

And who's paying for the C- section?  Was he injured at work? 

It used to be immigrants had to have support here before they come. 

This is exactly who we DON'T want immigrating.  So, Smellin', step up and pay the rent and the C-Section.  And get them internet.

He was not injured at work.

Glad you are being the hands and feet to Jesus to these folks by wanting to send them back to their pillaged village, risking their lives again. Pro-life Christianity at its finest, folks!

Yet another example of why I am Exvangelical. And yes, I have been personally helping them financially by paying what I am able to, some of their expenses.

I'll post this here, but I'm wasting my time as people like Smellin' have zero comprehension on such matters.  Of course he didn't answer who's paying for their medical care.  We all know that answer.  WE ARE.

http://youtu.be/LPjzfGChGlE

 

[qwerty]

https://youtu.be/6mfEJ-j2pNo

 

[sword]

Apple to add 20,000 jobs, pay $38B US tax bill to repatriate cash and establish a new U.S.-based campus as part of $350 billion in new "direct contribution" due to changes enacted by the recently-passed GOP tax reform bill.

They also announced opening a new U.S.-based campus.

 

[sword]

1/15/18
Lawrence Paper Co. President Justin Hill Jr. announced in a news release that he?d give a $500 bonus to each of the company?s 300 employees and invest more than $5 million in new equipment at a plant in Fremont, Nebraska, because of the Tax Cuts and Jobs Act.

 

[sword]

1/15/18
UnitedHealth Group Inc, raised its outlook for 2018 earnings per share by more than 16 percent due to the U.S. corporate tax cut and said it will speed up technology investments that aim to cut customer costs.

 

[sword]

12/20/2017
AT&T said Wednesday that it plans to invest an additional $1 billion into its U.S. networks in 2018 and give hundreds of thousands of employees a one-time bonus after the passage of the Republican-led tax bill in Congress.

The additional funding is expected to support AT&T's expanding high-speed Internet networks, as well as the next generation of wireless data, known as 5G, the telecom company said.

 

[sword]

12/20/2017
Comcast announced that it will give $1,000 to more than 100,000 of its employees as a result of the passage of tax-cut legislation in Congress, as well as the Federal Communications Commission's repeal of net neutrality.

They also announced they would invest $50 billion over the next five years in infrastructure.

 

[sword]

12/20/2017
Fifth Third Bancorp announces plan "to raise its minimum hourly wage for all employees to $15, and distribute a one-time bonus of $1,000 for more than 13,500 employees" following passage of tax bill.

 

[sword]

Boeing announces $300M employee-related and charitable investment as a result of Tax Reform legislation.

 

[sword]

12/20/2017
Wells Fargo raises its hourly pay rate to $15 & will aim for $400M in donations next year.