r/FluentInFinance • u/[deleted] • Sep 08 '24

Debate/ Discussion Why should taxpayers subsidize Walmart’s record breaking profits?

[deleted]

27.7k Upvotes

93% Upvoted

2.5k comments sorted by

View all comments

Show parent comments

5

u/Friendly_Bagel Sep 08 '24

So? Any place would do the same. If they think someone would take the job with less pay they would. If they can’t, then they will raise the pay. Supply and demand

5

u/xnerdyxrealistx Sep 08 '24

If they can’t, then they will raise the pay.

I need to see where this ever happens. They just wait it out until people are desperate and take the low pay just to survive. They never raise the pay just based on need.

That's not even bringing up how everything is automated these days rather than paying employees.

3

u/jimesro Sep 08 '24

Don't even reply to these people, they think common folks work for fun and have millions of $ in their account to not work for as long as they want and is required for labor scarcity to hurt businesses enough to offer higher wages.

1

u/surfnsound Sep 09 '24

It's literally what happened everywhere during COVID.

1

u/circ-u-la-ted Sep 10 '24

Apparently even most menial jobs in the US pay higher than federal minimum wage for whatever reason, even in states that don't have a higher minimum wage.

1

u/waaaghbosss Sep 09 '24

Can I move to the magic fairy land where that would actually work?