Wal-Mart Considering Support Of Federal Minimum Wage Hike

[ProSense]

Wal-Mart Considering Support Of Federal Minimum Wage Hike

The nation's biggest retailer said Wednesday it was considering supporting a federal minimum wage hike as advocated by the Obama administration.

A Wal-Mart spokesman told Bloomberg it was "looking" at the increase, which would boost the income of millions of people that shop at the company's stores.

“That’s something we’re looking at. Whenever there’s debates, it’s not like we look once and make a decision. We look a few times from other angles," David Tovar said in a phone interview.

President Obama's proposal to lift the minimum wage to from $7.25 an hour to $10.10 an hour ran into some resistance this week after a CBO report claimed it could cost 500,000 jobs while increasing the earnings of 16.5 million low-wage workers.

The White House disputed the report's analysis of minimum wage hikes on employment, however.

http://talkingpointsmemo.com/livewire/wal-mart-considering-support-of-federal-minimum-wage-hike

WH: Congressional Budget Office Report Finds Minimum Wage Lifts Wages for 16.5 Million Workers
http://www.democraticunderground.com/10024522796

[Agschmid]

1. You will see more of this soon.

[Egalitarian Thug]

2. More pablum.

This is how you win the war after it is clear that you've lost the battle.

So many suckers, so much TV.

[yeoman6987]

3. I worked for Walmart for a Summer

I did work at Walmart in 1995 for the Summer. I was being paid 6.25 and thought I was rich as anything...it was a second job so of course it was extra money. However, to think that they only have gone up a dollar in almost 20 years is amazing. I don't think I was getting minimum wage but still that is amazing.

[Cha]

4. K&R!

Consider hard, walmart.

[upaloopa]

5. Walmart is losing business to Dollar Stores

because people are so poor they can't afford to shop there.
Eventually the right has to see they have put the country in a self district mode.

[2naSalit]

6. Still won't encourage me

to spend a damned dime in their stores.

[libdem4life]

7. Would it be so hard not to hate WalMart? If they do the right thing, they set a might big example,

clearly in response to PBOs challenge and plea to private industry. Do I hear a bid from Target? Costco is already there.

It's an awful lot like LGBT rights. Once the proverbial barn door is opened by some brave souls (PBO and Michael Sam come to mind, along with many others) it's hard to close it again.

We should be supporting the fact they are even looking at it. If nothing else, it will be great PR...and I agree that they need it.

[1StrongBlackMan]

8. So, I guess ...

the accountant that can actually read a spread-sheet, won the argument?