Costco pays their employees a livable wage and gets sales per employee at double what Walmart subsidiary Sam's Club gets from their employees who work for lousy pay.

Maybe the time has come for Wal-Mart to take a lesson from Costco and consider the potential upside of treating employees like human beings.

It might just prove to be good for business.

http://www.forbes.com/sites/ri...-get-what-you-pay-for/

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I was right.

The above is from 2013, do you think Wal Mart raised wages from the goodness of their hearts?

http://money.cnn.com/2015/02/1...lmart-wages/index.html

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I was right.

The big lie is that cutting taxes on the wealthy and corporations creates jobs and stimulates the economy. The top tiers hold their gains, or invest overseas.

Raising wages for the low earners drives demand, which stimulates business naturally. These people can't afford to save, so nearly every penny increase they get in wages goes right back into the economy, much of it local.



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“It is the heart of US policy to use fascism to preserve capitalism while claiming to be saving democracy from communism “ - Michael Parenti

Bean counter politics.

A spreadsheet can't measure human feelings.

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Wiki wiki

With all due respect, that is ridiculous. It assumes that the extra pay comes from heaven or something. If you pay someone one dollar more, someone else has one dollar less, whether it be from less profit or higher costs. If your theory were true, those states with the highest average wages would be booming. If you take DC out of the equation, the states with the highest wages are Ca., Ma., Il., Ct., NY, NJ, and Wa. Guess what? Five of those states are in the top ten of states losing native population. In other words, people are fleeing them in droves. Explain why people are leaving these paradises.

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I :heart; Q

Your zero sum game claim also applies to moving capital upward, doesn't it?

If it doesn't matter where we move it, stop complaining.

But obviously, there is some optimal distribution of capital for maximum economic activity.

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There are many reasons why people move from place to place. Provide your source and I'll look into it. If you belong to the school of tax cut and low wage policy, explain what happened in Kansas. It should be a right wing workers paradise by now. (It's not).


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“It is the heart of US policy to use fascism to preserve capitalism while claiming to be saving democracy from communism “ - Michael Parenti

New prog dogma; don't get an education. Take it from people who earned it. School ? heck get a loan and do not pay it back, need health care done, meds, done, contraceptives done,
When will it end and will one of you explain how it will be paid for, newsflash money does not grow on trees.

... I'll just leave this here:

Costco pays their employees a livable wage and gets sales per employee at double what Walmart subsidiary Sam's Club gets from their employees who work for lousy payCostCO earnings $496 Million....   with 67600 employeesWalMart earnings $118 BILLION.... with 500,000 employees    My brother has 2 employees and pays them double what Costco pays their employees and earns 3 times per employee for his 2 guys than Costco gets per employee...    Therefore Costco should double the pay of all their employees to the level my brother pays his 2 guys and lo and behold liberal economics being what they are Costco will immediatly triple its profits...

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Nothing terrible going on in Kansas. It is in much better shape than the states I mentioned. You know, of course, that we have 31 governorships. In all of them the governor is reducing taxes and cutting gov't. Let's talk about the other 30.

And the reason that people are leaving the progs states is that they can't earn a decent living there.

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I :heart; Q

That is telling. Our tax system is screwed up. The GOP wants to change that. Dems, of course, want to make it worse so as to force more American companies to leave.

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I :heart; Q

Apples to oranges comparison for the most part, but it's nice to see the free market work and reward those who innovate and take risks.

I swear you guys just want to be the Alabama of the world. Kansas was the grand experiment and it failed miserably.

Obedient republican sheep, grateful for the scraps from your master's plate.

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“It is the heart of US policy to use fascism to preserve capitalism while claiming to be saving democracy from communism “ - Michael Parenti

From an oblective viewpoint, you can't link the higher wages to the higher profits. Anything that links those two directly is simply listing propaganda. 

The are way too many variables included in what makes a business profitable. It is an impossible and faulty jump to make. Now, to say those workers might be happier with their wages, yes. That does affect a business positively, (and some negatively too). 

A decent wage means the employes stays longer; that means less training for new employees, better service from experience, more upward mobility in the company and a happier, more productive employee.

If what Costo does is wrong, why is Wal Mart (the World's largest retailer) following suit?

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I was right.

And if the market is figuring it out, why are people pushing for a law?

A big problem occurs when people get paid the same for doing lesser work.

A mandatory push for minimum wage up to $15 effectively demotes and demotivates every worker who was somewhere between the old minimum and the new, unless they also get a bump up over the people below them.

Inflation and salary compression come to mind as unintended consequences.

Why the heck is any working person for a $7 per hour minimum wage?

Your corporate masters are pleased.

Maybe you will be invited to dinner at the club?

Agreed they are happier, most good employers see the hard workers and reward them for performance. Your model raises slugs to hardworkers, raises the 7.68% the employer has to pay. Whatever happened to work harder, earn it? Now the employer has to pay an outrageous rate to a 15_16 year old with no work ethic or experience, again punishing a business owner trying to make it on his or her 10_15% net profit. How fair is that?

... a separate group of workers - food & beverage - makes $2.35 and, the theory goes, tips average it out to a higher wage.

Several restaurants have been slapped with suits where employer's "pooled" the tips at the end of the day and averaged everyone out, thereby, tipping the busboys, barbacks & kitchen staff all who make the minimum wage.