Only 28% of
Americans view Walmart unfavorably. I was shocked when I read this statistic.
Holy Kattootie, I thought to myself. Why would anyone not be critical of the
largest employer in America when the low wages it pays costs taxpayers $900,000
each year in subsidies for the employees at each Walmart superstore? The average “associate” at Walmart makes $8.81 an hour — poverty
wage — according to the market-research firm IBISWorld, as of 2011. These poverty-level
wages force thousands of employees to look to food stamps, Medicaid and other
forms of welfare. The various subsidies cost taxpayers more than five thousand
dollars ($5000) per employee. The huge total cost to taxpayers is staggering as
the 1.4 million hard-working employees of Walmart look for help from the
government just to get by. Walmart made $17 billion in profits last year. Executive
compensation for one man at the top of the food chain was more than $20 million
a year, and the six heirs of the founding Walton family are now worth at least
$150 billion.
The up-shot; Working at Walmart may not make one poor,
but it certainly keeps one poor — at the expense of the rest of us. Unless your
last name is Walton!
Just saying . . .