steveh_131
Grandmaster
What do you think "absorbed" means?
I think it's a poor choice of words. It implies to the uninformed that this behemoth corporation is so massive that they can pay employees more and just not even notice. Next, these folks will start to wonder why more large companies won't just 'absorb' wage increases. Then they'll decide that the government will have to force them to 'absorb' wage increases.
That is not what is happening. Walmart believes that increased wages will increase sales. Probably for two reasons:
1. They get to perform this publicity stunt, and
2. They'll get better employees.
I hope it works out for them, I really do. But if it doesn't then I think we need to all understand what is going to happen. They will raise prices or lower product quality. Liberals want to believe that the executive will just sell a jet and it's a happy ending for everybody, but that's not how the real world works.