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Omaha Steve

(99,074 posts)
Sat Jun 28, 2014, 12:54 PM Jun 2014

Walmart’s Food Stamp Scam Explained in One Easy Chart


http://www.jwj.org/walmarts-food-stamp-scam-explained-in-one-easy-chart




June 25, 2014

Walmart, the nation’s most profitable corporation, may also be the greatest beneficiary of the taxpayer-funded Supplemental Nutrition Assistance Program (SNAP), commonly referred to as food stamps.

But how has Walmart managed to make so much money off of taxpayers? For the short answer, take a look at the chart below where we’ve illustrated the scam. For the long answer, keep reading.




Step One: Pay your employees so little that they are forced to rely on food stamps to survive.

Even at Walmart’s definition of a full-time job, an employee earning the company’s average wage of $8.81/hour makes just $15,500 per year, placing them well below the federal poverty line for a family of four. With such low wages, even when working full-time hours, many associates are forced to depend on taxpayer-funded assistance such as food stamps and Medicaid to survive. In other words, Walmart is shifting responsibility onto the public for ensuring their associates’ basic needs are met. One study showed that a single Walmart can cost taxpayers anywhere from $904,542 to nearly $1.75 million per year, or about $5,815 per employee for these programs all because one of the world’s most profitable retailers is paying substandard wages and benefits. A more recent report by Americans for Tax Fairness revealed that Walmart’s reliance on programs like food stamps cost federal taxpayers an estimated $6.2 billion a year.

Snip: “The same company that brings in the most food stamp dollars in revenue – an estimated $13 billion last year – also likely has the most employees using food stamps.”

FULL story at link.



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Sunlei

(22,651 posts)
1. all congress has to do is raise the Federal minimum wage, then all states will have to match that.
Sat Jun 28, 2014, 01:20 PM
Jun 2014

At least Walmart has decent food prices for those on food stamps.

Got some corner stores near my house that people in poverty walk to get their groceries. Poor people don't have cars & people usually walk to pick up some food. Their food prices are triple! what walmart charges. nothing is fresh foods except some sad looking fruit in a basket that are a dollar each.

Not quality foods either, I think the stores owner goes to the dollar store and then marks up for more profit. I've bought milk there that went bad a day after it was opened.

Two 'corner stores' right across the street from each other (both owned by the same person!)

Sunlei

(22,651 posts)
2. reply to myself. all stores grab for the food stamp bonanza, many have high prices AND bad quality.
Sat Jun 28, 2014, 01:39 PM
Jun 2014

good article and interesting. I hate going to walmart, haven't been there in years.

I blame the number of people in poverty on Congress and Mr. Boehner! They can raise the Federal minimum wage today if they cared to.

Republicans want more Americans to be in poverty, get their federal/state benefits and spend that federal money in our stores!

Makes the stocks go up for any business that receives millions/billions of income.

.

Bickle

(109 posts)
6. Hillary used toms it on Wal-Marts board
Sat Jun 28, 2014, 03:11 PM
Jun 2014

People forget that the Clinton's are extremely corporate friends, and got moving a lot of our job exodus

Sitting on Wak marts board is a ten year sentence in my ok, and that's assuming you out at least 3 more on the executive level in jail

nolabels

(13,133 posts)
8. There seems to be thousands of reasons to boycott them
Sat Jun 28, 2014, 03:38 PM
Jun 2014

I got at least that many years into it also If the brothers and sisters in our unions were at the same percentages they were back in the 60's Wallmart would have been run out of town on rail.

Just that they make inferior products on purpose would be enough for me.

Is your stuff falling apart? Thank Walmart
http://www.democraticunderground.com/1002665701

barbtries

(28,702 posts)
9. one of these days,
Sat Jun 28, 2014, 04:43 PM
Jun 2014

something's gonna give. i don't think it will be the people. that's assuming that greed doesn't destroy the planet first.

icarusxat

(403 posts)
11. people who work for walmart and give them a singel penny of their paltry paycheck or food stamps...
Sat Jun 28, 2014, 10:56 PM
Jun 2014

are in the same category as those people who are covered in leeches and buy iron supplements...from walmart...along with an extra box of leeches...

NickB79

(19,114 posts)
16. Walmart gives them employee discounts
Sun Jun 29, 2014, 12:31 PM
Jun 2014

Which make shopping at Walmart cheaper than most other stores around. So, while it's easy to call them idiots for supporting such a fucked up system with their hard-earned money, at the end of the day their families still need food and clothes.

icarusxat

(403 posts)
17. What they really need is an education worthy of this once great nation. I can buy a box of pasta for
Tue Jul 1, 2014, 01:16 AM
Jul 2014

$1.59 at Walmart (although I never will) or I can buy eggs and flour and salt, and with a little education, (which I provide as often as I am able, and in Utah for less than half of what the rest of the country is happy to pay) make the same amount of pasta, better tasting and more satisfying in its creation than just boiling water will ever be, at a tenth of the cost. What people need is a life worth living. It is not about, nor should it be, about just surviving.

tooeyeten

(1,074 posts)
15. We fund business
Sun Jun 29, 2014, 11:24 AM
Jun 2014

What a huge success for the party of Reagan, fund the rich while eviscerating the entire middle class through legislative representation.

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