Thread regarding Sears layoffs

@1vkr Thats what I meant people leave or if they dont leave they work for what minimum wage is worth. The lack of quality goes down which hurts the business in the long run is what I mean. Their is course no law about giving raises, but when i say moral I say its the right thing to do reward the hard workers and give them something to look forward to.

Getting a raise is not a moral issue. Where does it say that any business has to give you a raise? I will agree that it would help employees work harder and give some incentive, but there is no legal or moral reason that an employer has to give raises or owes you a certain wage. If you dont like what they pay then leave and find a better paying job. If that business has crap employees they will soon go out of business. And the businesses that treat their employees better will flourish.

By staying and working for a business that treats it employees unfairly and without incentive you and everyone else are just supporting the problem and keeping the business going longer

I think it has to do more with morals is the thing. I believe in working hard not socialism, but when you worked for a company many years and not got a single raise its just disgusting. If they actually gave a reason to motivate workers get than maybe workers would care more and do more for the job. Look at a prime example Costco pays their employees above minimum wage and their you actually have a chance to move up in life.

Never got a job from a poor man.

Well, we did kind of see exactly the reverse in the Reagan years. Those at the top saw extravagant tax cuts and realized just how good it felt to keep more money for themselves rather than pay it out to their workers. I realize that wage stagnation was starting prior to Reagan, but only with Reaganomics did it truly flourish. Now rather than the dirty masses making sufficient wages to actually go out and spend, as many economists agree is necessary for an economy to prosper as a whole, most of the wealth remains at the top, being spent in part to feed the propaganda machine that says that if only we keep letting that happen, maybe someday, by some minor miracle, some of the money will magically come back to the rest of us.

You are correct too many people believe it's owed to them without working for it . Bravo to you it's their for the taking.

Yeah, sounds like a socialist, and socialism has never worked in the history of civilization! It's amazing how people with an education in America can honestly believe In this nonsense, even if CEOs of all of the top 10 Fortune 500 companies all took 50% pay cuts, the average worker there would receive about enough for a meal one day of the week at best. If you want to be rich, work hard it's not difficult if money is your motivation it's there

Yes, you are a socialist

You have no idea what you are talking about.

Lets just say execs are making $500 million per your which is way more than they make in salaries and bonuses

Lets say SHC has 50 k employees which is way less employees than they actually have

5% of $500,000,000.00 = $25,000,000.00

$25,000,000,00 / 50,000 employees = $500.00 per employee

$500.00 / 52 weeks = $9.61

You see, penalizing the top sounds great but it isn't going to make us rich by any stretch.

Correct the rich never have enough and want more .the rich get richer , poor get poorer the American way plain and simple