Doug, you’re such an optimist. Walmart just announced the closure of 63 stores that will likely lay off 11,000 employees. Let’s see, 11,000 x <$24,000/yr> = loss of $264 million in salaries alone. Plus billions in lost tax revenue. This doesn’t look so rosy.
After the announcement from @Walmart today, we're over $1.5 billion in employee bonuses anounced so far. The #TaxCutsandJobsAct is already proving to be good for American workers and the economy.pic.twitter.com/gQgVF490y5
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not to mention the fact that some portion of those people will now have to go on public assistance of some kind.
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And then they promptly closed several
#Samsclub stores nationwide to off-set the costs!#fakenews#baitandswitch -
Several...63 is the figure I saw. But hey, at least they closed the stores with no warning, so people had a chance to save up and plan for the famine ahead.
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Nice try. Too bad your math doesn't add up when...........http://money.cnn.com/2018/01/11/news/companies/walmart-sams-club-pr-mess/index.html …
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What about the 63 stores they are closing?
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Unless you work at sams club. Or carrier. Or AT&T
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