"What about all this money here?" "I have a family to feed Rick, I can't be bothered by someone who only does stuff and things."
@MisterSir, if I was still alive I'd give you a medal.
It's the $250B walmart is going to invest in AMERICAN jobs. You can say corporate greed but $250b is going to employ a large number of people and it will make more revenue for walmart allowing them to do another expansion afterwards to employ even more people. This is capitalism/economic growth not corporate greed and I've always wondered when Americans lost the ability to discern between the two.
@DeadLogic, yes its a cycle. Key thing is we are employing people but overall not increasing purchasing power which is why the economy still lags. Even if we were to higher a million people a quarter for a year I do not beleieve we will the see growth needed to sustain those jobs. Mainly because of debt that has accumulated.
@Implicit88, We need to focus on streamlining corporate tax and getting new factories to increase exports in order to build up the economy but the current system is promoting outsourcing jobs overseas.
@DeadLogic, yes a simpler tax code for corporations and individuals and also perhaps a tax break for each full time employee you add to the year minus each one you fire. The tax break would increase for each employee that is hired. The percent would be low but even .1% is a lot for huge corps that make billions.
@Implicit88, yea but if they take in 1bil a year, then the tax break would be 10mil for one employee (unless you meant .1% of the tax is reduced. Big companies would just hire tons of potentially unneeded people on the governments dime
@Sceptic cat, I meant as a reduction in tax. And .1 would be the maximum tax deduction. Of coirse its just for example purposes.
Too bad Sochi didn't have this much money. Maybe they too could afford doorknobs.
*Swims to the door*
1 of paper = 4 of coin
That's so much money that it could be used as Scrooge Mcducks swimming pool... No joke, just awesome memories...
Is it weird that the first thing I think about after this picture is all the ways that guy could get a paper cut in that room?
@The Akron AWOL, Yes, considering how difficult it would be to get a cut from the soft edges of a dollar bill made of a blend of cloth and paper
And yet there is no cap for momey individual s can male from a publicly owned company. 15 times the lowest paid worker would seem a good place to start.
@Implicit88, Are you kidding me? That's called socialism, sir. Who in the world would want to work that hard to grow a company like that just to make 15 times the lowest paid worker? Can you imagine the CEO of McDonald's making 15 times what a burger flipping high school student makes? This concept makes me sick to my stomach. Do you have any understanding of economic growth?
@A Studly Muffin, thank you!
@A Studly Muffin, pay is different than shared and other ways big shots get money. Using your logic elected positions in all branches of the government should be getting paid in the 20 million range. Maybe they will get something done if they get paid that. My comment was made as a joke and by no means does pay equal work.
@Implicit88, I don't care if "big shots" get paid in shares as well as getting actual spending money. It's still socialism. You have a very lazy mentality. I'm sorry if you think that minimum wage workers don't get paid enough, but those jobs that they have obviously aren't meant to be permanent. And even if you were to just raise minimum wage (and this is just if I were a corporate board member, or "big shot" as you seem to want to refer to them) there is no way that I'd be taking a hit in my paycheck just because some idiots in Washington think that burger boy doesn't get paid enough. So guess what? I would be raising the price of everything that I sell to compensate. So if minimum wage goes up, you can expect two things: 1. Since the price of literally everything goes up, the wage hike will be meaningless. And 2. Small businesses will just be struggling to pay their workers even more than they already are. Also, if you could explain how I said that people in government should
@Implicit88, Sorry... I actually hit the character limit. .. didn't even know there was one... anyway. If you could explain how I said everyone in government should be paid 20 million, that would be awesome. And no... they wouldn't get anything done. They'd probably actually get worse
@A Studly Muffin, you are correct on the minimum wage issue. Raising it will solve nothing. People nowadays expect to be able to live like a king while not finishing high school. Instead we need programs to help those who need it. We need to completely revamp aid in this country. And no one should get "free" money unless you are mentally or physically handicalped. And again my first comment was meant as a joke.
@Implicit88, I'm still not seeing how it was a joke... you defended it and then said it was a joke.
@A Studly Muffin, And raising gas prices would be horrible because farmers would raise their prices on crops because they have tractors to power and then they sell their crops to other farmers who have to increase their prices for beef, chicken, pork , eggs , and milk. So then they might even have to raise minimum wage and raise gas prices to compensate for gas stations having to pay workers. A cycle. But the last bit is just my theory that's how I explain how everything is more expensive now then back then
@Implicit88, not going to argue with anyone. Just going to state some facts, ratios of highest paid vs. lowest paid. Apple : 6,258 to 1. AT&T : 558 to 1. Best Buy : 666 to 1. CVS : 769 to 1. Walmart : 779 to 1. Target : 824 to 1. Gap : 924 to 1. Dollar General : 1,007 to 1. Starbucks : 1,096 to 1. McDonald's : 1,196 to 1. National Average : 379 to 1. The best investor in the world Warren Buffet : 11 to 1. Are these people really worth that much compared to the front line workers who have to apply for food stamps ( as one McDonald's employee was instructed to do by corporate) and get 2nd jobs? Should their be a ceiling to how much one makes? Of course not. But if a company can afford to pay these astronomical CEO salaries, they can also afford to pay a reasonable living wage. These ratios are fact. You can't argue about them, period.
@Lazy Mercenary, agreed. And it doesnt help that people no longer fight and sacrifice for the better good. imagine if all workers of all mc donalds had a strike all at once. The company would lose so much money. No way those spots can be filled that quickly. Which is why food went up so quickly after gas prices went up. Another fact is that companies will always raise prices but will lower prices relatively slow to the market. So if gas become.free to gas companies they would not instantly change the price per gallon to 15 cents.
@Funny Pics Janitor, so apples ceo makes at least 104 million a year? Wow. I bet he still pays less taxes than I do amd I make under 50k.
@Implicit88, his total compensation of package was valued at $378 million.
@Funny Pics Janitor, Do you know what the "lowest paid worker" means? That means that those are jobs for people who are in high school. Not people who are actually trying to live on their own.
@A Studly Muffin, Over 50% of people on minimum wage are over 20 and supporting a family
@Funny Pics Janitor, that also doesn't account for the fact that the people at the top are the cream of the crop and have put hundreds of thousands of dollars in to education. They are also the innovators that allow America to be great. They deserve every penny of what they get. The people at the very bottom (in the ratios) are pretty much just part time workers or ones who aren't making a career out of the job so they truly don't need or deserve more anyway.
@Funny Pics Janitor, thats enough to higher about 19k low wage jobs lol.
@A Studly Muffin, thank you kind sir no only if the government could see what you wrote and maybe it would knock some sense into them
This guy's office is like my Chief's office. Oh wait, no it's completely the opposite, silly me.
Don't trust banks
11 February 2014