Jimmer | Arkansas news, politics, opinion, restaurants, music, movies and art

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Re: “Walmart taking all workers to at least $9 an hour. Context supplied.

Revenue is significantly different than Net Income, so the 1/3 of 1% stat is super misleading. Also, Walmart isn't just sitting on piles of cash, succeeding business's don't do that—my point being that the extra cash will come from somewhere, and I'm willing to bet that cost of living will increase to offset that. Essentially, this is inflation in motion. And the $15/hr movement is ridiculous.

1 like, 0 dislikes
Posted by Jimmer on 02/20/2015 at 5:15 PM


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