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Debates Forum

  1. Joined
    05 Nov '06
    Moves
    81319
    04 Jun '18 00:15
    http://www.informationliberation.com/?id=58503
  2. Standard memberHandyAndy
    Non sum qualis eram
    At the edge
    Joined
    23 Sep '06
    Moves
    18031
    04 Jun '18 01:17
    Originally posted by @mott-the-hoople
    http://www.informationliberation.com/?id=58503
    My hand says this is a garbage source popular among conservatard mouth-breathers.
  3. Standard memberwolfgang59
    Mr. Wolf
    at home
    Joined
    09 Jun '07
    Moves
    45641
    04 Jun '18 03:551 edit
    Originally posted by @mott-the-hoople
    http://www.informationliberation.com/?id=58503
    Unemployment rates have been declining since 2010 and a natural result
    of low unemployment is employers chasing employees. Of course wages
    will go up as they try to keep staff. The mystery is why - with the tax breaks,
    wages are not accelerating faster.

    https://data.bls.gov/pdq/SurveyOutputServlet?request_action=wh&graph_name=LN_cpsbref3
  4. Subscriberno1marauder
    Humble and Kind
    In the Gazette
    Joined
    22 Jun '04
    Moves
    39965
    04 Jun '18 04:12
    Originally posted by @mott-the-hoople
    http://www.informationliberation.com/?id=58503
    From the Seattle Times article mentioned in your cite:

    About 90 percent of Costco’s employees are paid hourly, and earn $22.50 an hour, on average,

    https://www.seattletimes.com/business/retail/costco-employees-anticipate-benefits-news-with-quarterly-earnings-thursday/

    So in a tight labor market Costco is increasing wages 1-2 per cent for its average worker. Of course, it likes the tax cut, so it's going to say that this small increase in wages is due to it, but it seems highly likely that economic conditions would have mandated some sort of pay raise irregardless of the tax cut.

    Even at that, these wage increases will cost the company about $110-120 million a year while they are estimating tax savings at $300 million a year.
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