Bernie Sanders Blasts Walmart Over Minimum Wage, Just One Problem

Bernie Sanders is a huge advocate for a federally mandated $15 minimum wage. There are numerous reasons that’s a horrific idea, including but not limited to higher consumer prices, reduced employee hours and ultimately, layoffs.

If a business wants to offer its employees more, then it should. However, it shouldn’t be forced to by the US government. That’s my stance. More government involvement, more problems.

Bernie doesn’t share that idea. He looooooves him a steaming mug of big government in the morning!

While Walmart claims it cannot afford to pay its workers $15 an hour, it was able to find enough money to pay its CEO more than $22 million last year.

Tomorrow @RepRoKhanna and I will be introducing The Stop WALMART Act to put an end to their outrageous greed.

— Bernie Sanders (@SenSanders) November 14, 2018

Here’s the thing…Walmart doesn’t have a handful of employees. It employees 1.4 million in the United States alone. Do the math. If the CEO’s salary was evenly distributed among the 1.4 million US employees, it would amount to…less than a $16 bonus. We’re talking about three Starbucks coffees MAX.

Walmart employs 1.4 million people.

If you took the entire $22 million and divided it equally between the employees it would equal a bonus $15.71 for the year.

I get trying to help the poor and start livable wage talks, but this wasn’t it. https://t.co/1AQPvKiTnY

— Benjamin Allbright (@AllbrightNFL) November 16, 2018

That’s not how that works. Walmart profits were $14bil last year. A raise of $1 per hour on hourly workers would add $2.14 billion in costs. That’s 20% of profit.

— Benjamin Allbright (@AllbrightNFL) November 16, 2018

Their profits will also go up accordingly with the raise. Where do you think this extra money will be spent?

— Matt (@haas84) November 16, 2018

How so? That makes no sense. If you raise the wage, profits will suddenly go up? Since when? It’s more expensive for the company. If everything else stayed the same, profits would go down.

No, theyll go down. By 20%. Profits go up when operating expenses go down, not up.

— Benjamin Allbright (@AllbrightNFL) November 16, 2018

Workers making more money = more sales for Walmart

— Matt (@haas84) November 16, 2018

That’s not how this works. You can’t assume that employees will automatically spend their raises at Walmart. That’s incredibly stupid.

This is a tweet that preys on people’s misunderstanding of the scale of large corporations. Walmart’s CEO could donate his entire salary to the workers, and their hourly salary would go up half a penny. https://t.co/shhmHTdKN5

— Alex Griswold (@HashtagGriswold) November 15, 2018

If the Walmart CEO donated his entire $23,000,000 salary to employee hourly wages, he would give each of his 1 million hourly US workers a $0.014/hour raise.

This simple math alone exposes that Bernie and his flock are driven by nothing more than ENVY.

— Andy Swan (@AndySwan) November 15, 2018

Half a penny, Bernie. HALF A PENNY.

Math iz hard when you’re a socialist.