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A comment on Why Are Corporations Hoarding Trillions?. Parent comment

Re:Why Are Corporations Hoarding Trillions? by onion2k on Thursday January 21, 2016 @04:35PM (#10948580)
No more than I do now. I want the wage increase to come from lowering the company's profitability. And it is... In 2016 Walmart is spending $1.2bn more on wages, and in 2017 it'll spend $1.5bn more. That's without putting prices up. The 2014 wage hike hit the share price quite hard, but Walmart has the cash to do it and I imagine the shares will bounce back. I hope other businesses follow their lead.

http://www.theguardian.com/business/2015/oct/14/walmart-prof...

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Re:Why Are Corporations Hoarding Trillions? by dxhdr on Thursday January 21, 2016 @04:46PM (#10948651)
They aren't raising prices, however they are firing 16,000 employees:

http://www.zerohedge.com/news/2016-01-15/walmart-fire-16000-...

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Re:Why Are Corporations Hoarding Trillions? by wavefunction on Thursday January 21, 2016 @05:21PM (#10948954)
According to Walmart themselves (as reported by NPR) the hike in wages has nothing to do with the store closures, most of which are a failed concept of smaller Walmarts.
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