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Old 02-23-2014, 05:11 PM
  #71  
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Originally Posted by evilboy
You math is super wrong here.

1,530,000 mil employees/10500 stores = @146 employees/ store.
10,770,000 mil profit per store/146 employees per store = $73,767 dls profit per employee annually (not $738.56 you stated). And again PROFIT, After ALL operational expenses paid.

Your numbers.

On a related note, Walmart numbers in the US only:

Wal-Mart Company Statistics | Statistic Brain

Just stating facts here. Nothing else.
Thank you for taking the time to correct those numbers and the attempt from that person to make it sound like big business is fair.



The "me" mentality and the greed is what has this country in ruins.

We do not need people defending "big business" or greed

We need people defending the weak, the poor and the abused

Enough with paying starving wages in the name of free business and other bs.

Enough with more and more profit no matter what the cost for the ones at the bottom.

Enough with more and more pay to management and less and less to the employees.
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Old 02-23-2014, 05:20 PM
  #72  
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Originally Posted by HermannGraf
Thank you for taking the time to correct those numbers and the attempt from that person to make it sound like big business is fair.



The "me" mentality and the greed is what has this country in ruins.

We do not need people defending "big business" or greed

We need people defending the weak, the poor and the abused

Enough with paying starving wages in the name of free business and other bs.

Enough with more and more profit no matter what the cost for the ones at the bottom.

Enough with more and more pay to management and less and less to the employees.
Who's going to decide how much money you're allowed to make? There has been & always will be "income inequality". Income inequality is "boob bait for bubbas" The real problem is lack of economic growth and the attendant job opportunities that come from economic growth.
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Old 02-23-2014, 05:29 PM
  #73  
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Originally Posted by Sum Ting Wong
Who's going to decide how much money you're allowed to make? There has been & always will be "income inequality". Income inequality is "boob bait for bubbas" The real problem is lack of economic growth and the attendant job opportunities that come from economic growth.
What's should decide the minimum a person or a family should make per month or per year are laws set forward by our government to protect the bottom paid workers after calculating each year the minimum a family needs to survive taking into consideration inflation and other things. Slavery is over or at least it should be. As long as that is respected and the bottom paid workers can survive on their salaries then the top are free to make as much as they can.

It's a matter of dignity, honor and Christianity to care about the weakest and the least fortunate

The ones at the top do not need more

The ones at the bottom need your help, they are already working full time.......and not making it
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Old 02-23-2014, 05:34 PM
  #74  
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Originally Posted by HermannGraf
Thank you for taking the time to correct those numbers and the attempt from that person to make it sound like big business is fair.



The "me" mentality and the greed is what has this country in ruins.

We do not need people defending "big business" or greed

We need people defending the weak, the poor and the abused

Enough with paying starving wages in the name of free business and other bs.

Enough with more and more profit no matter what the cost for the ones at the bottom.

Enough with more and more pay to management and less and less to the employees.

Sir, my respect and admiration to you.
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Old 02-23-2014, 05:59 PM
  #75  
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Originally Posted by evilboy
You math is super wrong here.

1,530,000 mil employees/10500 stores = @146 employees/ store.
10,770,000 mil profit per store/146 employees per store = $73,767 dls profit per employee annually (not $738.56 you stated). And again PROFIT, After ALL operational expenses paid.
Something doesn't add up here. .

10+ million profit per store X 10,000+ stores would be over 100 Billion in profit.

Walmart doesn't make that much profit.
http://money.cnn.com/magazines/fortu...hots/2255.html

15 Billion in profit divided by 10,500 stores is about 1.4 million per store.
Just pointing out the math.
I have no other points to make and I can understand both sides of the argument here.
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Old 02-23-2014, 06:07 PM
  #76  
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Originally Posted by Sum Ting Wong
Who's going to decide how much money you're allowed to make? There has been & always will be "income inequality". Income inequality is "boob bait for bubbas" The real problem is lack of economic growth and the attendant job opportunities that come from economic growth.





The "real problem" is that the "lack of economic growth" stems from the lack of decent well paid jobs. The upper 10% have managed to continue increasing their piece of the pie, by cutting or freezing pay and benefits for the other 90%. This stagnation/shrinkage of income for those not in the top tier has resulted in slower growth as many struggle just to make ends meet. Thereby causing the feds attempt to artificially stimulate the economy with "cheap money", and allowing people with no extra cash to go further into debt to allow them to make purchases, in the hope this cause economic growth(and not just runaway inflation down the road).
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Old 02-23-2014, 07:02 PM
  #77  
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Originally Posted by HermannGraf
Thank you for taking the time to correct those numbers and the attempt from that person to make it sound like big business is fair.



The "me" mentality and the greed is what has this country in ruins.

We do not need people defending "big business" or greed

We need people defending the weak, the poor and the abused

Enough with paying starving wages in the name of free business and other bs.

Enough with more and more profit no matter what the cost for the ones at the bottom.

Enough with more and more pay to management and less and less to the employees.
Winner winner, chicken dinner.

The idea that "it's just business" is not a valid excuse for a complete lack of moral compass.

The free market system does not relieve you of your responsibility as a human being.
Originally Posted by Paid2fly
The "real problem" is that the "lack of economic growth" stems from the lack of decent well paid jobs. The upper 10% have managed to continue increasing their piece of the pie, by cutting or freezing pay and benefits for the other 90%. This stagnation/shrinkage of income for those not in the top tier has resulted in slower growth as many struggle just to make ends meet. Thereby causing the feds attempt to artificially stimulate the economy with "cheap money", and allowing people with no extra cash to go further into debt to allow them to make purchases, in the hope this cause economic growth(and not just runaway inflation down the road).
100% true.

If you want to stimulate the economy, you have to actually work to change the average person's financial well-being. A handful of wealthy people can't stimulate the entire economy. A rising tide lifts all ships, but you can't afford a raft, all you do is drown.
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Old 02-23-2014, 08:37 PM
  #78  
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Originally Posted by Likeabat
Something doesn't add up here. .

10+ million profit per store X 10,000+ stores would be over 100 Billion in profit.

Walmart doesn't make that much profit.
Wal-Mart Stores - Fortune 500 - WMT

15 Billion in profit divided by 10,500 stores is about 1.4 million per store.
Just pointing out the math.
I have no other points to make and I can understand both sides of the argument here.
No argument here. Just took a few lines from that person's entry to debunk his accounting statement.. You went further, making it all baseless.
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Old 02-24-2014, 12:26 PM
  #79  
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The free market system does not relieve you of your responsibility as a human being.
I think that the "Free Market" system DOES relieve you of any responsibility to anyone other than yourself.

And, that is why we don't have totally Free Markets...they are all constrained by various factors, including government regulations and criminal laws and investigative bodies. The question is, how much regulation is the correct amount?

I think that the US is going too far towards the Free Market, and allowing the 1%, and especially the top of the 1%, to wield too much power.

Many of them are screwing others for their benefit, and too many times doing it legally, but immorally. One example of illegal but immoral, would be to pay enough money to our Congress and other government officials, to get laws changed so that previously illegal actions are now legal. Then, they can legally take advantage of others for their own personal gain. This is WRONG!

The more a government is corrupt, the worse off the country is, as a whole.

The three most corrupt countries on earth are North Korea, Somalia and Afghanistan. I would not want to live in those countries. The least corrupt countries are the Scandinavian countries.
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Old 02-24-2014, 12:40 PM
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Originally Posted by atpcliff
I think that the "Free Market" system DOES relieve you of any responsibility to anyone other than yourself.

And, that is why we don't have totally Free Markets...they are all constrained by various factors, including government regulations and criminal laws and investigative bodies. The question is, how much regulation is the correct amount?

I think that the US is going too far towards the Free Market, and allowing the 1%, and especially the top of the 1%, to wield too much power.

Many of them are screwing others for their benefit, and too many times doing it legally, but immorally. One example of illegal but immoral, would be to pay enough money to our Congress and other government officials, to get laws changed so that previously illegal actions are now legal. Then, they can legally take advantage of others for their own personal gain. This is WRONG!

The more a government is corrupt, the worse off the country is, as a whole.

The three most corrupt countries on earth are North Korea, Somalia and Afghanistan. I would not want to live in those countries. The least corrupt countries are the Scandinavian countries.
This is where we are in America! Like in third world countries, our elected member of government rely on the campaign contributions of the very rich to run expensive campaigns and get themselves elected. They then spend most of their time in office paying back for campaign contributions by making laws that help the 1% at our expense. Our industry and its RLA is a great example of that. In some instances, labor groups(non-ariline industry) today are even loosing the right to collective bargaining, made illegal by new state laws lobbied by...you guessed it-very rich business owners.
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