Li: ritual, propriety, etiquette. Hsiao: love within the family (parents for children and children for parents. Yi: righteousness--the noblest way to act in a situation. Xin: honesty and trustworthiness. Jen: benevolence, humaneness towards others. Chung: loyalty to the state and authority. --Confucius (Kong Fuzi)

All articles appear in reverse chronological order [newest first].

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I believe the past is relevant, sometimes more than others of course. In most cases we are seeing history being repeated, so it is most relevant.

Thursday, July 26, 2018

Is a living wage so unreasonable?

liv·ing wage /liviNG ˈwāj/bnoun

  1. a wage that is high enough to maintain a normal standard of living.


The Economist says: "America's minimum wage has long been low by international standards, equaling just 38% of the median wage in 2011, close to the lowest in... Congress changes it only occasionally, and in the interim inflation eats away its value. The wage was last raised, to $7.25 per hour, in 2009. Since then its real value has slipped back to where it was in 1998."   read more States That Raised Minimum Wage See Faster Job Growth, Report Says


“What retailer wouldn’t want to be Costco Wholesale Corp. Costco has a strong customer following, loyal employees and makes money without even selling a single product.”   Read more: Walmart Will Never Be Costco 


"Walmart told analysts last year that the company has captured 18 percent of the SNAP market," it reads. "Using that figure, we estimate that the company accounted for $13.5 billion out of $76 billion in food stamp sales in 2013."  read more Report: Walmart Workers Cost Taxpayers $6.2 Billion In Public Assistance

zz2Walmart’s CEO is making bank.
In a filing with the U.S. Securities and Exchange Commission on Friday, Walmart disclosed that CEO Doug McMillon’s compensation for fiscal 2018 was $22.8 million — a figure that is 1,188 times the annual total compensation of its median associate. (The median salary for that role — which includes more than 2 million workers — in fiscal 2018 was $19,177.)

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