http://galacticconnection.com/wave-black-friday-strikes-kicks-walmart-ceo-steps/

When big companies like Wal-Mart don't pay their employees living wages, taxpayers take up the slack in the form of welfare benefits.  I've heard that the Walton family made $17 Billion in profits last year.  To pay their employees $12/hr ($25,000/yr) would cost $2 Billion.  If these numbers are correct, you have to wonder why they can't "afford" to pay their employees a living wage.

E-mail me when people leave their comments –

You need to be a member of Earthchangers College to add comments!

Join Earthchangers College

Comments

  • It would be interesting to see Walmart's financials. I'm curious if they paid off all the building costs of those massive box stores or if they have a huge mountain of debt.

  • They are no better than common Heroin dealers.

  • Yep. That's how they make their $17 Billion in profits.
  • Cheryl  to add to that while purchasing non American items to sell to Americans.

  • You're right, Jason.  And they know.  But I don't think the largest employer in the U.S. should get their employees' pay subsidized by the taxpayers when they are capable of doing it themselves, and still make generous profits. 

  • If Walmart can do price checks to make sure a gallon of milk beats the price of a competitor, then they can do gross/net pay checks to make sure their employees (internal customers) are as valuable as their external customers.

  • Today China Mart tomorrow the White house.

This reply was deleted.

Blog Topics by Tags

Monthly Archives