"Walmart currently rakes in over $15 billion in profits each year and pays its employees so little that they only get by because of federal welfare programs such as food stamps. The outrageous greed demonstrated by the Wal-Mart heirs would have Sam Walton spinning in his grave. There’s no reason to deny workers $12.50 an hour when your profits are so great. One study conducted by the UC Berkeley Center for Labor Research and Education found that Walmart could easily pay its employees the wage D.C. wants to institute and still be highly profitable enough to keep its corporate executives fat and rich. But the greed of these executives keeps wages too low, and puts added stress on taxpayers who have to pick up the tab to help its struggling workers get by."
Posted on: Sat, 27 Jul 2013 16:23:59 +0000
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