Peter Schiff Pushes for $15/hr for Walmart Employees



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this is stupid.

the raise is about the gap from bottom to top.......... not taking more money from people who have to shop at walmart.. a large percentage which probably work at the places that pay comparable to Wally's world
 
"That don't even sound right!" lol

I kept imagining Serious Schiff walking up and confronting Troll Schiff. It would be like matter touching antimatter.


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Question: how much should Walmart pay its employees?
 
I'd prefer that Peter Schiff would stick to economic theory and analysis, instead of comedy stunts.

That's because I like him, not because I don't.
 
Question: how much should Walmart pay its employees?

Shelves should be stocked by robots, floors should be swept by robots, checkout should all be self checkout with 1 person monitoring 4 to 6 stations. Employees that work the floor should be making next to nothing for a mindless job.
 
Shelves should be stocked by robots, floors should be swept by robots, checkout should all be self checkout with 1 person monitoring 4 to 6 stations. Employees that work the floor should be making next to nothing for a mindless job.


Where can I buy these robots?
 
Shelves should be stocked by robots, floors should be swept by robots, checkout should all be self checkout with 1 person monitoring 4 to 6 stations. Employees that work the floor should be making next to nothing for a mindless job.

Sadly, we do not yet live in a Jetsons world.

Assuming that making the transition from blood and tissue to gears and chips would require considerable testing and expense, let's preclude robots as an option for now.

2014... How much should Walmart employees be paid?*


* In dollars, Moxie. Dollars.
 
The foundation for my understanding of economics is really weak. It consists of:

Microeconomics 101
Rich Dad, Poor Dad by Robert Kiyosaki
How an Economy Grows and Why it Crashes by Peter Schiff
Making $2,400 peddling cigarettes in Afhganistan
/r/anarcho_capitalism
Guerilla and JakeStratham posts
Running my first business now

That said, I got a world of perspective from Peter Schiff's book. But this trolling is more obnoxious than it is informative.

Anyone recommend some good grout for the ol' foundation?
 
Anyone recommend some good grout for the ol' foundation?


This book is short and fantastic...


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I have read it several times, and plan to read it again and again. If you dig deep into economics and start testing things, you'll inevitably find yourself getting trapped in theoretical cul-de-sacs. Economics In One Lesson is like a compass. It gets you back to home base so you can start anew.

A link to the PDF can be found here.

If you've never read the book, and you rarely spend time thinking about economics, go through it without thinking too deeply about the individual chapters. Just let it simmer like a pot roast. Then sit down, and read each chapter carefully. Try to poke holes in Hazlitt's reasoning. See if you can do so while remaining logically consistent.

It's a fun exercise.

With time, you will want to punch Krugman in the throat every time he posts on his blog.
 
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I don't care about economics or what is right or wrong.

But if walmart was paying $15/hour, I know my target audience would have a lot more money to pay me with... and it would not affect my expenses.

So, I'm all for it! Fuck idealism, long live pragmatism.
 
1st and 3rd Editions of "What Works on Wall Street"

Profit Magic Stock Transaction Timing

Little Book that Still Beats the Market


- There you go, three books to get started with. Good luck finding em
 
LOL No.

If you're over 18, and working at Walmart. You're working there for a reason...

On the other hand mega retailers will exploit the shit of the min wage, regardless of how amazing an employee is; bunch of cheap fucks.

Scale needs to be balanced, it won't.