Wal-Mart Gave In To Liberals’ Minimum Wage Demands And Now Their Employees Are Paying The Price

Further proof that the laws of economics don’t give a flying leap about FEEEEELINGS, we have this news from Wal-Mart.walmart stock collapse

(Watch – some butthurt Social Justice Cultist is going to start protesting the natural way the economy works. Sorry, kiddos. You can’t legislate human nature).

According to this, Wal-Mart has announced the closure of 269 stores and over 10,000 employees are going to lose their jobs. This comes nearly a year after Wal-Mart capitulated to the masses of liberal whiners demanding they increase wages for their workers. Last February, they raised the base hourly wage to $10/hour and made other changes meant to improve work conditions – which cost them over $1 billion.

But that doesn’t matter anymore to the workers at those 269 stores, ’cause now they’re going to be making precisely $0/hour.

And it’s not like this was an “all of a sudden” thing, either. Late last year, Wal-Mart had to cut back employees’ hours after raising wages because – SHOCKER – they couldn’t afford to keep hours at the rate they’d been.

I don’t expect advocates of the “living wage” (whatever that means) to understand why this happened. They’re probably just happy that the EEEEEEEEVIL Wal-Mart is having to shut down a bunch of its locations. It’s not like those employees had rent to pay or mouths to feed. Everything is Wal-Mart’s fault and all big corporations TOTALLY deserve this misfortune (not like corporations are run by actual people who are just trying to make a living or anything).

Way to ruin people’s lives, liberals.

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One Comment

  1. Look at the list of Walmart stores to be shut-down. It’s a business operation which works on a low percentage of profit per item. Rather, its operation is based upon volume.

    Then, Walmart was jarred into reality! Amazon, a business without retail stores, became the #1 business with Walmart becoming #2. It meant that Amazon was earning a higher profit percentage per item, per sale. Its payroll? Whatever “online” costs, which is lower cost than a retail workforce which needs C.O.L. pay increases just to keep pace with minimum wages.

    There are items I can purchase from Walmart which don’t require my seeing the products on store display. It’s really most of what my family and I need. A dressy ladies’ item or men’s suit? Neither are Walmart’s forte. I’d usually go to a specialty operation. However, that still leaves many items I can order from Walmart (or Amazon) and either operation has reasonable merchandise return policies.

    Retail marketing is undergoing changes. That’s the way it is!

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