Please disable your Ad Blocker to better interact with this website.

Image Image Image Image Image Image Image Image Image Image

Affluent Christian Investor | December 4, 2023

Select a Page:
Select a Page:
Scroll to top

Top

Uncategorized
No Comments

Wal-Mart Proves Higher Minimum Wage Kills Jobs

Walmart Minimum Wage

And quite a few, in this case.  It’s just one glaring example of how this plays out nationwide.

According to this story, Wal-Mart is set to cancel the building of three new stores in the DC area if the Democrat-controlled legislators follow through with their plan to raise minimum wage to $12.50 an hour, a more than four-dollars an hour increase from the current minimum.  Three other Wal-Mart stores, already under construction in the area, are also in jeopardy.

Adding to the insanity, the law only applies to big stores, like Wal-Mart.  It’s more of the Democrats’ belief that large companies are the rich uncle who refuses to share.  So the new law is destined to eliminate many jobs at once – around 600 per store in the case of Wal-Mart.  This has one council member frustrated as she notes unemployment is rather high in her ward.  The council member?  Yvette Alexander, a far-left Democrat who said a few months ago she had “concerns” about the massive wage increase.

These stories seem to have forgotten, Yvette Alexander was one of the original sponsors of the bill earlier this year.  Oh, it’s all fun and games until your voter gets hurt.  Liberals like Alexander are suddenly getting a lesson on basic economics: Money doesn’t grow on trees.  Even big trees.

Also not noted in the story, it will kill buying power in the area as Wal-Mart stores regularly keep prices down.

Fewer jobs, higher prices.  Well done, Democrats.

As for the rest of you, join me in encouraging Wal-Mart to stick to their guns.  As unemployed voters stare at big empty lots that pay $12.50 an hour for jobs that don’t exists, the next town might be grateful.  And maybe just a few people in Alexander’s ward will vote differently.

 

Join the conversation!

We have no tolerance for comments containing violence, racism, vulgarity, profanity, all caps, or discourteous behavior. Thank you for partnering with us to maintain a courteous and useful public environment where we can engage in reasonable discourse.

Trending Now on Affluent Christian Investor

Sorry. No data so far.

Right Report

Ireland Proposes Radical Anti-Hate Speech Law That Would Make Memes And Common Phrases Like “Irish Lives Matter” Illegal (Video)
Conservative Firing Line
Ireland Proposes Radical Anti-Hate Speech Law That Would Make Memes And Common Phrases Like “Irish Lives Matter” Illegal (Video)
Jack Smith Under Fire for Potential Crimes
The Black Sphere
Jack Smith Under Fire for Potential Crimes
Whistleblower Calls For WEF Founder Klaus Schwab To Be ARRESTED For “Crimes Against Humanity”
Conservative Firing Line
Whistleblower Calls For WEF Founder Klaus Schwab To Be ARRESTED For “Crimes Against Humanity”
U.K. government data reveals young people are DYING of cancer at “explosive” rates, following COVID years and vaccine push
DC Clothesline
U.K. government data reveals young people are DYING of cancer at “explosive” rates, following COVID years and vaccine push
Laurie: Unlike That Gift Card, This Gift Doesn’t Expire
Conservative Firing Line
Laurie: Unlike That Gift Card, This Gift Doesn’t Expire

What We’re Looking At Today

  • Full video: Jordan Peterson on the Channel 4 Controversy and Philosophy of "How to be in the World"
    January 28th, 2018
  • Be Grateful for the Intelligent Design of Your Eyes
    December 23rd, 2017
  • TAX REFORM: The Most Important Things You Need to Know
    December 22nd, 2017
  • What Is 6th Gear? » Intermittent Fasting And Keto
    December 18th, 2017
  • DiscoveryInstitute
    December 7th, 2017
  • The King’s Choice – SAMUEL GOLDWYN FILMS
    October 12th, 2017

    • Follow Us

    Facebooktwitterrss

    Like us on Facebook

    Affluent Investor

    The Affluent Mix

    Become An Insider!

    Sign up for Affluent Investor's free email newsletter and receive a free copy of our report, "The Christian’s Handbook For Transforming Corporate America."