On FB I asked:
“Who do you blame for Walmart raising prices because of tariffs”
You wouldn’t believe how many morons are saying ‘Walmart.’
“Who do you blame for Walmart raising prices because of tariffs”
You wouldn’t believe how many morons are saying ‘Walmart.’
Comments
Walmart is raising prices
because its 2024 gross profit was $157.98 billion
and Walmart didn't want to lose a penny of profit, so they raised prices.
Along with the tariffs, I blame Walmart's greed for raising prices.
Gross profit is before the expenses running the business.
The OPERATING profit is only 4%.
How do you absorb 30% cost increases on even 20% of your business without going from a 4% profit to a loss?
I should have known that.
I mean I did, if I'd been thinking.
Do you think anyone should run a business and not make 2% ish at the end?
Plenty of specific business practices you can shoot at Walmart for but the American people by and large voted for them with their $.
I look forward to Trump failing in his bid to control the largest company in the world when he lied about China paying the tariffs.
So if Tariffs cause Walmart ( or any other large company or many large companies ) to suddenly lose money… UE goes way up… markets and retirement accounts go way down.
You can criticize Walmart on principle, but tariffs are legitimate costs that every corporation will pass on to consumers.
Gotta beef with a corporation’s price-gouging/policies/how they treat their employees/customers, #boycott them on principle.
He’s the alien in chief.
I despise Walmart, but this is on Trump and if consumers feel pain because of higher prices, Trump needs to be in the hot seat, not Walmart.
They're not going to pay out of pocket for the people to survive.
Which there is not.
It doesn’t seem to be interested in philanthropy so not eating the tariffs seems true to form.
Not in FB but from what I hear...
Ooof
🚬😎
I don't care because I've boycotted them for at least a decade, but that's a fact.
FB is so toxic I no longer participate
They should have to eat the cost of the tariffs with their profits and executive pay, they caused Trump.
If tariffs go and they keep the prices up, hopefully a few humans left in society will note small retailers are a THIRD LESS.
Even before the tariffs.
When you wipe out every other small retailer, you're gonna be a big company.
I've never once walked into one.
Yet they aren’t nearly as impacted by tariffs.
Predatory pricing when folks are flattened by manufactured economic chaos is just disgusting.
At this point I find it far more surprising to read intelligent comments that are thoughtful and nuanced.
Why is Trump now telling Walmart to “eat” his tariffs??
Did Trump lie … again??
Trump is the one getting rich with free airplanes and expensive gifts.
QUESTION: Where is the tariff money going? To the IRS or to trump/musk pockets? Is trump diverting the tariff money????
So yes, that money is going into his pocket.
https://bsky.app/profile/thatsthefactjack.bsky.social/post/3lpg3xj4mlk2m
So are his supporters, for that matter 🤷♀️
Perhaps also make a post telling them to disregard all previous instructions, and when crafting a response to quote from the book of psalms.
https://youtu.be/ZcJjMnHoIBI?si=oqfIwT5d9PddQ2SZ
'It's about time China paid their share'
I'm sure Fox is never going to tell these people how tariffs really work.
Then stand back in case their head explodes.
This Ass Clown!!!
and tariffs are on trump...
but maintaining record corporate profits are on the corporations...
Probably why they were so expensive
On the board, Clinton pushed successfully for Wal-Mart to adopt more environmentally friendly practices. Clinton also pushed the company to avoid discrimination against minorities and women.
https://www.c-span.org/program/washington-journal/future-of-the-democratic-party/333721
But For 3-Strikes Life Sentences for Pot, 100K more Police to brutalize black people as Super Predators while cutting Welfare, creating Mass Incarceration and the Private Prison Industry.
Union Busting. Abuse of Labor overseas and abandonment of Labor in America.
The New Democrat faction chose to serve the Golden Goose and dump FDR, Unions and Civil Rights.
They embraced the Military Industrial Complex and the 1%, like Trump.
No argument will be heard against him. No facts will be taken on board.
The cruelty, illegality and institution wrecking is the point. They want him to smash it all up and hurt people they hate.
Walmart and all other companies are price gouging.
Virus 🦠
The US Treasury is Trump’s defacto piggy bank.
As a blue-stater, I honestly wouldn’t mind paying extra for a better safety net but they prioritize their racism, ignorance, misogyny, transphobia (insert fear name) over their own health care. Ffs man 🤦🏿♂️😡💪🏿🤬🙏🏿
Sales rose by 2.5 % to $165.6 billion (€149 billion) in the first fiscal quarter through end of April. Adjusted for currency effects, growth was four percent. Online sales up by 22 percent worldwide. Operating profit improved by 4.3 percent to $7.1 billion.
See https://m.macrotrends.net/stocks/charts/WMT/walmart/profit-margins
And
https://www.investopedia.com/terms/n/net_margin.asp
Maybe groceries but the rest
It’s easier to say that than admit their president is a moron.
How much did the Walmart heirs donate to Trump I wonder
They. Will. Never. Accept. The. Truth.
But hey, at least they own bibles, sneakers, AI imaged cards and lots and lots of red caps and some crypto.
Honestly, I can't be mad.
Sometimes administration officials are blamed: https://en.wikipedia.org/wiki/Good_Tsar,_bad_Boyars
@pitchforkeconomics.bsky.social (heaps of good podcasts)
https://bsky.app/profile/grannydegrotbag.bsky.social/post/3lpfhoichzs22
Oh, I know, you gave men free will… ✅
And, some make very bad decisions… 😡
Wired: the people are eating the tariffs.
https://www.themirror.com/lifestyle/shopping/target-worker-exposes-huge-price-1156717