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Where Would Wal-Mart Be Without Socialism?

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lame54 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-03-09 09:16 AM
Original message
Where Would Wal-Mart Be Without Socialism?
Edited on Sat Oct-03-09 09:16 AM by lame54
http://ufcw.blogspot.com/2009/09/walmart-tops-state-assistance-rolls-in.html

Wednesday, September 30, 2009
Walmart Tops State Assistance Rolls in Ohio
Free enterprise isn't really free enterprise when American taxpayers are subsidizing corporations.

But in Ohio, responsible employers are being undercut by irresponsible big businesses who rely on the state to make up for the wages or health care they don’t provide to their workers.

And no surprise to regular readers of this blog--Walmart is at the top of the list.

A new report released by Ohio Department of Job and Family Services, and promoted by the Ohio UFCW locals shows that Walmart has more employees on any kind of state assistance than any other employer. In fact, about 28% of Walmart's employees are on Medicaid alone! That's not counting Walmart workers on food stamps, CHIP, or other numerous taxpayer-funded program.

The truth of the matter, is that Walmart's "competitive" business model can't compete without taxpayer subsidies. All of us have to bear the burden for their irresponsible corporate behavior.


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xchrom Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-03-09 09:17 AM
Response to Original message
1. indeed. nt
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Deja Q Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-03-09 09:21 AM
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2. K&R
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madokie Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-03-09 09:22 AM
Response to Original message
3. They'd a folded as soon as ole Sam died is where they'd be
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AllentownJake Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-03-09 09:26 AM
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4. California employers are about to learn a similar lesson
Without the state assistance, most of their employees couldn't afford to work.
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AzDar Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-03-09 10:00 AM
Response to Original message
5. K & R
:kick:
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Subdivisions Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-03-09 10:05 AM
Response to Original message
6. Also, it can be deduced that Walmart also is the benefactor of
not only the taxpayer subsidies that allow them to pay peasant wages but also of very benefits afforded their employees. Here's how: A Walmart employee is barely getting by on $7.50/hr and applies for food stamps. The food stamps subsidize the empoyees wage. That employee then takes the food stamps and buys groceries at...you guessed it...Walmart.
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lame54 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-03-09 01:28 PM
Response to Reply #6
7. because it's so cheap...
Edited on Sat Oct-03-09 01:55 PM by lame54
race to the bottom
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