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Fri Nov 28, 2014, 09:27 AM

If Walmart can spend this much on lobbyists ...

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http://www.dailykos.com/story/2014/11/28/1347657/-If-Walmart-can-spend-this-much-on-lobbyists#

22 replies, 2434 views

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Always highlight: 10 newest replies | Replies posted after I mark a forum
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Arrow 22 replies Author Time Post
Reply If Walmart can spend this much on lobbyists ... (Original post)
kpete Nov 2014 OP
alc Nov 2014 #1
DetlefK Nov 2014 #2
pangaia Nov 2014 #4
RiverLover Nov 2014 #6
pangaia Nov 2014 #8
RiverLover Nov 2014 #9
PeoViejo Nov 2014 #12
RiverLover Nov 2014 #3
pangaia Nov 2014 #5
RiverLover Nov 2014 #11
pangaia Nov 2014 #18
niyad Nov 2014 #14
RiverLover Nov 2014 #16
BlancheSplanchnik Nov 2014 #17
SomethingFishy Nov 2014 #20
grahamhgreen Nov 2014 #21
RiverLover Nov 2014 #7
taught_me_patience Nov 2014 #19
grahamhgreen Nov 2014 #22
oldandhappy Nov 2014 #10
PeoViejo Nov 2014 #13
classykaren Nov 2014 #15

Response to kpete (Original post)

Fri Nov 28, 2014, 09:57 AM

1. a extra $12/year is a living wage?

Actually, the first site I found said they have 2.2 million employees so putting that $12.5 million into wages is an extra $6/year per employee.

I may be stats/numbers snob but when I see something like this my initial reaction is "whoever created it doesn't understand magnitudes" rather than whatever feelings they wanted to invoke.

I'll admit I can't do any better at bumper-sticker-sized statements: "Walmart paid lobbyists $12.5 million in part to keep wages down" doesn't sound as good as the statement in the image.

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Response to alc (Reply #1)

Fri Nov 28, 2014, 10:03 AM

2. A way better number would have been the gross profit: $129 billion in 2014.

Take $2.2 billion of those and each employee gets $1000 a year more.

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Response to DetlefK (Reply #2)

Fri Nov 28, 2014, 10:43 AM

4. I think the number to look at should be NET profit.

If I am not mistaken.
Maybe I am mixing the two up.
But, in my business, gross profit is the profit after materials for sale are deducted.
Net is the amount after everything else is deducted... salaries, utilities, advertising, travel, legal fees, booze on friday afternoons, etc etc etc..

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Response to pangaia (Reply #4)

Fri Nov 28, 2014, 10:51 AM

6. They average $4 billion per quarter in net income.

More than enough to be a decent workplace.

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Response to RiverLover (Reply #6)

Fri Nov 28, 2014, 10:53 AM

8. Thanks for saving me from looking like

I might be supporting Walfart.

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Response to pangaia (Reply #8)

Fri Nov 28, 2014, 10:55 AM

9. LOL No prob!! ~nt

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Response to DetlefK (Reply #2)

Fri Nov 28, 2014, 12:08 PM

12. If the Bean-Counters at Wally World could save a Dollar a Year.....

 

The problem is that they misunderstood Public Opinion and Activism's effect on the Bottom Line, still, I expect them to take it into account in the future and pare their costs accordingly.

The current Business model is Profit over Social Responsibility.

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Response to alc (Reply #1)

Fri Nov 28, 2014, 10:06 AM

3. This won't fit on a bumper sticker either

Why Walmartís Death Grip on Our Food System Is Intensifying Poverty




http://ilsr.org/walmarts-death-grip-food-system-intensifying-poverty/

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Response to RiverLover (Reply #3)

Fri Nov 28, 2014, 10:50 AM

5. How can I copy this graphic?

I went to the ILSR site but do not find it.
I can not copy and paste it from here.. doesn't seem to work.

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Response to pangaia (Reply #5)

Fri Nov 28, 2014, 11:08 AM

11. http://ilsr.org/infographic-walmart-food/

Sorry pangaia, I'm not sure what happened when I copied the link.

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Response to RiverLover (Reply #11)

Fri Nov 28, 2014, 12:53 PM

18. Thanks.

Ocean Lover.

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Response to RiverLover (Reply #3)

Fri Nov 28, 2014, 12:18 PM

14. would you post this as its own op--for greater visibility, and so that we can kick and rec?

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Response to niyad (Reply #14)

Fri Nov 28, 2014, 12:33 PM

16. Done.

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Response to RiverLover (Reply #16)

Fri Nov 28, 2014, 12:45 PM

17. thanks!

Going to look for it now.

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Response to alc (Reply #1)

Fri Nov 28, 2014, 02:45 PM

20. Ok.. lets not act like the Waltons don't personally control as much

wealth as the bottom 40% of people in the US. Lets also not pretend that they seem to think that's not enough. Wal-Mart is cutting hours and hence insurance to tens of thousands of employees to increase their bottom line.

Do you understand that statement? They don't have enough wealth so they are going to take paychecks and insurance from poor people so they can have more

Try finding the "stats" in that.

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Response to alc (Reply #1)

Fri Nov 28, 2014, 05:22 PM

21. Hell no, extra 12/hr.! They need to pay their fair share.

 

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Response to kpete (Original post)

Fri Nov 28, 2014, 10:52 AM

7. $1 Billion: Thatís How Much Walmart Avoids Paying in Taxes Each Year Through Loopholes

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Response to RiverLover (Reply #7)

Fri Nov 28, 2014, 02:39 PM

19. Walmart pays a very high tax rate

 

Effective tax rate they pay is 32-34% vs. the corporate rate of 35%.

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Response to kpete (Original post)

Fri Nov 28, 2014, 10:57 AM

10. Stunning graphs. Thank you.

We are getting a WinCo locally and that will provide some competition for WM. But WOW, greedy fingers have already got a firm hold on the system. I am sort of speechless at the moment.

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Response to kpete (Original post)

Fri Nov 28, 2014, 12:11 PM

13. Like Monsanto says: Feeding the World

 

..by eliminating competition until they are the only one in the Game.

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Response to kpete (Original post)

Fri Nov 28, 2014, 12:18 PM

15. This would make a great Bumper Sticker for our cars.

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