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01-12-2018, 07:56 AM
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#107
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Registered User
Join Date: Feb 2012
Posts: 2,956
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01-12-2018, 09:53 AM
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#108
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Registered User
Join Date: Oct 2001
Posts: 46,883
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Quote:
Originally Posted by JustRalph
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And 2K bonuses to 60,000 workers! When it rains it pours! 
__________________
Consistent profits can only be made on the basis of analysis that is far from obvious to the majority. - anonymous guru
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01-12-2018, 10:06 AM
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#109
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Registered User
Join Date: Mar 2013
Posts: 5,414
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Quote:
Originally Posted by upthecreek
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it's a mirage ask mostie
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01-12-2018, 12:04 PM
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#110
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Registered User
Join Date: Feb 2012
Posts: 2,956
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Pelosi-stupid or mentally ill?
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01-12-2018, 12:12 PM
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#111
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Registered User
Join Date: Aug 2001
Location: Lehigh Valley, PA.
Posts: 7,464
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That's a good one!
Walmart's $2 an hour increase on min. salaries from 9 to 11 is huge. Anyone who doesn't think it is is an elitist.
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01-12-2018, 12:18 PM
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#112
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Registered User
Join Date: Oct 2001
Posts: 46,883
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Quote:
Originally Posted by pandy
That's a good one!
Walmart's $2 an hour increase on min. salaries from 9 to 11 is huge. Anyone who doesn't think it is is an elitist.
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And it's huge in more ways than one. Wally World is the largest retailer and as such they are showing leadership in the retail industry by giving this kind of increase. Don't think for a moment other retailers aren't feeling the pressure as we speak. Their employees are all thinking..."Well...where is your concrete expression of appreciation for us? What are you going to do for us?"
__________________
Consistent profits can only be made on the basis of analysis that is far from obvious to the majority. - anonymous guru
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01-12-2018, 12:37 PM
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#113
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Registered User
Join Date: Aug 2001
Location: Lehigh Valley, PA.
Posts: 7,464
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Yes, and these salary increases will result in a battle over employees, which will increase salaries across the board. The labor market is tightening. My wife works for Lowes, designs and sells kitchens, and she has gotten calls recently from other kitchen design companies asking if she is looking for a job. She hasn't gotten calls like that in years.
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01-12-2018, 01:08 PM
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#114
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Registered User
Join Date: Oct 2007
Location: North Riverside, Il.
Posts: 16,103
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Quote:
Originally Posted by JustRalph
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The corporate tax rate dropped by 60%. I don’t know what the typical monthly electric bill is in Baltimore, but if this were Chicago, $2.31 would be about a 4% savings.
Since utility rates are regulated, I’m guessing they are doing this in anticipation of being told to do it.
__________________
"When you come at the King, You'd best not miss." Omar Little
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01-12-2018, 01:11 PM
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#115
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Just another Facist
Join Date: Mar 2002
Location: Now in Houston
Posts: 52,785
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Quote:
Originally Posted by pandy
Yes, and these salary increases will result in a battle over employees, which will increase salaries across the board. The labor market is tightening. My wife works for Lowes, designs and sells kitchens, and she has gotten calls recently from other kitchen design companies asking if she is looking for a job. She hasn't gotten calls like that in years.
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Tough market here in Houston. There is a Walmart two blocks from our business. 2 of our employees told me last night that they heard about the Walmart starting wage and it was slightly more than they make working for us. I told them to go......  in reality I would just match the 11 bucks. They make 10.45 already.
It’s an interesting game. I actually told a few employees about the Walmart wage. Let’s just say.....they aren’t our best.......
__________________
WE ARE THE DUMBEST COUNTRY ON THE PLANET!
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01-12-2018, 01:20 PM
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#116
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Registered User
Join Date: Oct 2007
Location: North Riverside, Il.
Posts: 16,103
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Quote:
Originally Posted by JustRalph
More terrible news
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Looking at Wisconsin; 6450 workers will receive pay raises, bonuses, etc. The working population is 3,000,000. So good for that two tenths of one percent who are benefiting from this tax cut. And good for the one percent who are really benefiting.
__________________
"When you come at the King, You'd best not miss." Omar Little
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01-12-2018, 01:34 PM
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#117
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Registered User
Join Date: Feb 2012
Posts: 2,956
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Quote:
Originally Posted by mostpost
Looking at Wisconsin; 6450 workers will receive pay raises, bonuses, etc. The working population is 3,000,000. So good for that two tenths of one percent who are benefiting from this tax cut. And good for the one percent who are really benefiting.
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And Hillary raising taxes would have been better? 
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01-12-2018, 01:37 PM
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#118
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Registered User
Join Date: Jun 2008
Posts: 10,170
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Quote:
Originally Posted by upthecreek
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Why do the choices need to be mutually exclusive?
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01-12-2018, 01:41 PM
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#119
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Registered User
Join Date: Oct 2001
Posts: 46,883
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Quote:
Originally Posted by upthecreek
And Hillary raising taxes would have been better? |
Maybe Mostie can tell us who would have benefited by higher taxes. He'll probably tell us at least 99% of all Americans (and illegals, of course) would.
__________________
Consistent profits can only be made on the basis of analysis that is far from obvious to the majority. - anonymous guru
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01-12-2018, 01:42 PM
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#120
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Registered User
Join Date: Jun 2008
Posts: 10,170
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I think many of you here and in society in general are woefully underestimating the magnifying effect this tax cut will have on economic growth due to business expansion, wage growth, and retirement saving growth. This will obviously lead to robust spending by consumers. My biggest concern going forward will be inflation and when and how strongly the Federal Reserve will need to increase interest rates by end of year.
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