Walmart: America's real 'Welfare Queen'

miss-lurker:

At over $446 billion per year, Walmart is the third highest revenue grossing corporation in the world. Walmart earns over $15 billion per year in pure profit and pays its executives handsomely.

Wal-Mart’s poverty wages force employees to rely on $2.66 billion in government help every year, or about $420,000 per store. In state after state, Wal-Mart employees are the top recipients of Medicaid. As many as 80 percent of workers in Wal-Mart stores use food stamps.

…In effect, Wal-Mart is shifting part of its labor costs onto the public.

-DailyKos Diary - Oct 10, 2012

#THIS #this is what pisses me off about the current assholery re: CEOs and Obamacare #some corporations have built their success on the backs of their employees #forcing them into the economic margins of society #and constantly leveling the ones who manage to spike past average #in order to maximize profits #and minimize dissent #it’s gross and unethical and under no circumstances should the employees be villified #or reduced to takers #when it’s the richest who are taking the most

(via ouyangdan)

Source: miss-lurker

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    This is why I’m sad that there isn’t a Costco here in Springfield. ‘Cause I’d love to shop at a warehouse store, but...
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    At over $446 billion per year, Walmart...third highest revenue grossing corporation...
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