Sooner or later it's going to happen to Wal-Mart.
I don't blame poor wages on McDonald's and Wal-Mart. Raising the minimum wage is just a band-aid; some businesses can raise it, and others will go out of business.
I blame the poor economy on the government, with its inflation, debt, regulations, Affirmative Action for incompetents.
One of my friend's father got an Associate Degree in I-Don't-Remember. He was old enough to have been in the Navy during WWII (which he said was "a waste of four years of my life").
He went to work for Sears (which is now owned by K-Mart, otherwwise it would have gone under), got regular raises, had benefits, and made a good middle-class living.
Of course, those days are now gone, and I don't blame it on the businesses. Again, I blame it on the government.
McDonald's in trouble. Wal-Mart is in trouble.
The middle-class is being destroyed, courtesy of the government, and it's affecting businesses from its stupidity and ignorance.
Some people think this is all due to a conspiracy by the "Powers That Be." There is no conspiracy, just a bunch of competing special-interest groups. Who decided to damage McDonald's and Wal-Mart, and to choose Amazon as a success? The market, that's who, and those businesses who made poor decisions.
If we had a really good economy wages would go up from competition for workers.
The get-a-good-job-be-taken-care-of-for-your-career lasted about 70 years. These days, you just about have to be a entrepreneur to make a decent living.
Wages stopped going up in January, 1974.
Thank you, you dipshit government bureaucrats!
5 comments:
"Raising the minimum wage is just a band-aid; some businesses can raise it, and others will go out of business."
And some will invest in more automation.
Seems like the only area that even sees regular raises are the government jobs.
If that isn't backwards.
"I blame the poor economy on the government, with its inflation, debt, regulations, Affirmative Action for incompetents. "
I don't think you are being serious about this subject if you aren't talking about women in the workforce, illegal immigration and "free trade". Labor is subject to supply and demand like anything else. Deport the illegals, build the wall and most importantly start making life tough economically and socially for working women.
Corporations have gotten fat off of the labor of women who should be busy raising the next generation. Instead these women are doing wage slave work that pad the company's bottom line at the expense of their husband's paychecks and society in general. And when the birth rate plummets because of it, of course that is when the calls to bring in foreigners to replace the children that white women never got around to having because of their busy careers or the degrees that kept them in school through early middle age. It's the ultimate example of privatizing profits and socializing costs.
Who are the biggest supporters of big government and things like Democracy/Socialism?
Its both government and big business. Big business benefits from the "regulatory capture" that results from government regulation.
The current-day silicon valley scene (Google, Facebook, etc.) has little in common with that of the early 1980's or even the late 90's. I think most of the current tech giants are actually intelligence contractors, analogous to the defense contractors of the Cold War. Google has been in bed with the NSA since the 90's and Facebook got their early rounds of finance from the CIA's venture capital fund, In-Q-Tel.
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