Walmart Giving All Employees a Raise to $10/Hour

[Oswald Acted Alone, You Kook]

Of course they'd do this, anything to hurt small business.

[Oswald Acted Alone, You Kook]

Why is it that people feel that the practical cold-hearted reason Walmart gave in their press release isn't cold-hearted enough to be the real reason?  If Walmart is having problems with employee churn, then raising wages to reduce that churn will end up saving them money in the long term.

And of course, raging wages hurts small businesses, which Walmart loves to do.

[Oswald Acted Alone, You Kook]

Ugh.  Not enough.  The min. wage should be $15 at the least but all we are going to hear is "praise Money-Jesus the invisible hand has saved us all again!"

I didn't know you hated small businesses.

[Oswald Acted Alone, You Kook]

Ugh.  Not enough.  The min. wage should be $15 at the least but all we are going to hear is "praise Money-Jesus the invisible hand has saved us all again!"

I didn't know you hated small businesses.

I didn't know your grasp of economics was that...well...loose.

Small businesses can't afford such a high wage without damaging themselves, and everything would also become more expensive as more money means higher prices.

[Oswald Acted Alone, You Kook]

Even ignoring the effect on small businesses, the overall cost of life should be higher. Has that happened since then?