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You’ve cherry picked the one bad yearwalmart has had in recent memory: 2019. From 2006 to 2020 they have made over 10 billion per year except for 2018 (9ish bil

• dragonwriter 6y ago
  > Again, by describing the choice as bad job (walmart) or no job, you are ignoring the fact that walmart did not CREATE jobs - they merely consolidated jobs from many small businesses. Driving up the minimum cost of labor isn’t going to bring back smaller, less-efficient businesses, it will make them less viable, too. Higher minimum wage actually reinforces the advantages of scale, since smaller acheivable average returns means the importance of being able to internally diversify (e.g., against regional problems) becomes more important to survival. > It’s a choice between an exploitive business model, or non-exploitive business models. It's a choice between a government model that chooses to actively harm the employed, the unemployed, and employers irrespective of business model to express moral outrage at certain business models and one that wants to use the power of taxation and spending to reduce the power of business models to be oppressive.