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<blockquote data-quote="Bagels" data-source="post: 1186036" data-attributes="member: 43436"><p>Kinda like if all the gas stations raised the price of gas to $20/gallon, or all the markets raised the price of food 1000%: nobody's forcing you to buy gas or eat. </p><p></p><p>Walmart has single handily slashed the wage pool in this country. I agree that minimum skills should earn minimum pay, but $7.25 isn't realistic for minimum pay, hence why most workers wind up collecting government assistance. In other words, Walmart's profiting billions to its management & investors, but I'm subsidizing their operation. If $7.25 was realistic, and the market really did dictate wages, then Walmart wouldn't have had problems filling these jobs (prior to the economy collapsing). Fact remains that real compensation, across all professions, has declined over the past 10+ years, while corporate productivity & profits & exec compensation is at an all-time high.</p></blockquote><p></p>
[QUOTE="Bagels, post: 1186036, member: 43436"] Kinda like if all the gas stations raised the price of gas to $20/gallon, or all the markets raised the price of food 1000%: nobody's forcing you to buy gas or eat. Walmart has single handily slashed the wage pool in this country. I agree that minimum skills should earn minimum pay, but $7.25 isn't realistic for minimum pay, hence why most workers wind up collecting government assistance. In other words, Walmart's profiting billions to its management & investors, but I'm subsidizing their operation. If $7.25 was realistic, and the market really did dictate wages, then Walmart wouldn't have had problems filling these jobs (prior to the economy collapsing). Fact remains that real compensation, across all professions, has declined over the past 10+ years, while corporate productivity & profits & exec compensation is at an all-time high. [/QUOTE]
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