Get the Facts on:

The Walmart Economy by the Numbers

Walmart is powerful…

1
Walmart’s rank (PDF) as employer of retail workers and rank in size of private U.S. employers

$408.2 billion
Walmart’s 2010 revenue as the number one Fortune 100 company

But America is paying the price…

196,000
Number of U.S. jobs lost from 2001-2006 as a result of Walmart’s imports from China

11%
Conservative estimate of percentage of Walmart’s share of U.S. Trade Deficit with China

$8.8 million
Cost to Massachusetts (PDF) of Walmart associates using publicly subsidized health care in 2009

$1 billion
Cost to nation if public safety net use by Walmart associates in Massachusetts is adjusted nationwide1

And Walmart associates are paying the price…

$15,500
Average annual salary of a Walmart sales associate (based on an IBIS World figure)

$8.81
Average hourly wage of a Walmart sales associate (based on an IBIS World figure)

46¢
Additional cost per shopping trip for a Walmart customer if the company offered a minimum wage of $12 an hour (PDF)

We can make it better.

1
When UFCW locals and members, Walmart associates, elected officals, religious leaders, small business owners and community allies join together as one, we can make change at Walmart and make change in our communities.

1. Figure is a calculation of the percentage of Massachusetts Walmart associates receiving subsidized care (42%), applied to the 1.4 million associates in the United States, at the cost to Massachusetts per each associate ($1,753.00) receiving aid. Using the data from Massachusetts for 2009 found the percentage of Associates using publicly subsidized care.   Percentage is 42%.  Then applied this to the entire Walmart workforce to determine number of Associates nationally who would receive publicly subsidized care using the rate in Massachusetts.  From the Massachusetts data found the per Associate cost by dividing the total cost of providing subsidized care in MA to Associates by the number of MA Associates receiving subsidized care.  This yielded a per Associate cost of $1,753.  Multiplied that by 42% of Walmart’s total US workforce (1.4 million).  Results in $1 billion.

2. $8.81 per hr x 34 hrs a week x 52 weeks = $15,500

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75 Comments

  1. Today’s Workplace » How Walmart Avoids Unions by Cracking Down on Baby Shower Committees
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  5. Wal-Mart Circles Indian Markets, and Indians Push Back | My Blog
    December 4, 2011

    [...] Wal-Mart’s repute for eroding mercantile confidence for American workers provides an intent doctrine for poorer countries that are now pushing toward western-style [...]

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  6. John Jannini
    November 12, 2013

    Well after reading most of these facts i became very angry. I then moved on to the politics aspect of this site. I then relized this is just another liberal media site attempting to follow a democratic agenda. No surprise a college professor would send us here. Nice try and Thank you
    Love
    Educated American

    Reply
    • JLou2
      November 21, 2013

      Facts don’t have agenda’s. Leave your politics out of the facts.

      Reply
      • wes
        November 27, 2013

        jlou2 is a very dedicated communist.

      • jimlouvier
        November 29, 2013

        If caring more about the well being of people than a company’s profits and believing that everyone in a company should share in the massive success of that company, makes me a communist in your blind eyes, I will gladly wear that title.
        People like you are what is wrong with everything. You deem anyone that challenges the broken greed-based business model that is void of ethics, as a communist, socialist, or whatever other buzz word you’ve been told is bad.
        Please, explain why it is ethical and socially responsible for large corporations to eliminate competition, minimize job openings, wages, and benefits, all while maximizing profits and payout for the handful of people at the top? Why is it wrong for all employees of a company to share in its success? Why shouldn’t everyone’s pay go up, rather than only the few top execs, when the company continues to show record profits?
        Why is it so wrong to question the current economic system that is collapsing into a feudal system?
        I await your response wes. As well as anyone else that wants to weigh in on either side of the issue.

      • Robert Laurel
        January 22, 2014

        Yes who needs facts, just look at our dear leader odumbo.

    • Eric
      April 29, 2014

      Any 9 dollar hour wage sucks, and even 12 dollars an hour isn’t enough. Those jobs aren’t there for people to make careers out of it EITHER. They are transitional jobs to move up to pay jobs that make 40K-50K annually. Sucky jobs = sucky pay period. We need more specialized, more advancement education based jobs in this country, b/c right now most people with degrees find nowhere to go. So rather than spilling this bullshit approach to make these sucky jobs pay 5 dollars more an hour lets bring Real jobs to the table!

      Reply
    • Henry Rollins
      May 4, 2014

      Okay…so what’s your counterpoint?

      Reply
    • jason
      June 27, 2014

      I can see that this is the meeting place for all the capitalist hating “fact” producers. McCarthy was right.

      Reply
  7. Bea
    November 13, 2013

    I agree with some of the postings. If the workers don’t like their jobs, then quit or get a education and leave. Since when does any business OWE their employees more than pay for a day served. You liberals better understand that the world is not fair, and to each according to his ability”

    Reply
    • JLou2
      November 21, 2013

      Can I laugh at you if something happens to you and you are forced to work somewhere like this or starve? You, and the others like you, are what is wrong with the world. It would be a much better place without people with your attitude. I really pity you.

      Reply
      • wes
        November 27, 2013

        Let walmart charge LOTS extra and go out of business. Then all the workers can go on welfair. Then tax the big greedy companies out of existence so we can all work for the government.

        The world tried it once. I for one am tired of the government taking money from me to pay it to people who make bad choices in life. JLou2 wants to spend others money. If you have a agenda then start your own business and provide all the benefits you want. I bet you wont last a year. I notice that people who know “theory” don’t know how to actually do. Witness government run healthcare, it costs more, it does less and the educated idiots who run it can not make it work no matter how much of my money they waste on it.

        How about we let people think for themselves. If they don’t get paid enough then quit and get another job or start their own business. Get Government out of our way.

      • jimlouvier
        November 29, 2013

        Most of the workers are on welfare already because of the poverty level wages and limited hours they are given. So that argument is invalid.
        Please explain your incorrect accusation that I want to spend others money.
        How is demanding that a successful company spread it’s profits throughout the company, wanting to spend others money?
        Did a cashier at walmart not make an important contribution to the success of the company?
        Did the unloaders of the trucks not contribute? Or the people that stock the shelves?
        Are the only positions that are important to a company’s success the ones that have assistants and wear suits?
        Can walmart, or any other company, even operate without the people they pay the least and deem unimportant? No, they can not. With that in mind, don’t you think that those people deserve to have a proportionate share in the success of the company? Maybe a wage that is high enough to be able to get off of welfare. Why should taxpayers have to subsidize their pay because their multi-billion dollar profit employer refuses to pay a living wage? Wal-mart can easily pay their employees a fair wage without raising costs a single penny.

      • Robert Laurel
        January 22, 2014

        Then go to college and they will give you more hours.

      • jimlouvier
        January 25, 2014

        That’s not a guarantee anymore. If you had been paying attention over the last decade, a degree doesn’t carry the weight it used to. It’s no longer a promise of better income.

      • Frank Provasek
        January 8, 2014

        The six Sam Walton heirs have more money than the net worth of the bottom 40% of Americans COMBINED. Yet their business model is based on paying a wage that it is not possible to survive on unless the employee applies for Medicaid, food stamps, free school lunches for children, discounts for the poor on telephone service, electricity, heating oil, and the Earned Income Tax Credit – which essentially is a NEGATIVE income tax — that gives poor working families up to a $6,000 a year extra refund when they file their income tax., While it seems like “help to the poor': this is really “welfare for the multi-billionaires” where the taxpayers are basically kicking in a dollar for dollar match allowing Walmart to pay only half of the actual cost of their labor force.

    • cflpeace
      November 21, 2013

      The problem is that many workers can’t get other jobs because Walmart puts so many small businesses out of business when they move in. And it’s not a matter of their owing “more than pay for a day served;” it’s a matter of wage theft and other violations of law. That’s why workers win so many lawsuits proving that the laws had been violated by Walmart.

      Reply
      • jimlouvier
        November 29, 2013

        Walmart also actively works to prevent it’s employees from going back to school while working there. I’ve seen many cases where someone starts going to college and Wal-mart suddenly increases their hours during times they have be told the person would be unavailable due to class. The made the people choose between education and their job at walmart.

      • Robert Laurel
        January 22, 2014

        BS. Wal Mart never will increase hours unless corp says so.

        Ok so now your going to college. Well more hours for you my friend.

        Stop with the BS.

    • Robert Laurel
      January 22, 2014

      When Wal Mart hired my wife, she was told how much she would be making. She was told in a year she would get a raise, she was told in 3 months she would get a discount card. She agreed to work for them until she left or they fired her. What’s the problem. If you don’t like the job don’t take it.

      Reply
      • jimlouvier
        January 25, 2014

        It’s that attitude that allows these companies to continue treating employees like cattle. People are so desperate for any job at all that they will allow themselves to be crapped on.

    • Henry Rollins
      May 4, 2014

      While I agree with the intent of your post, the reality is that most Walmart workers do not have adequate monetary reserves to make the transition. Thus, they are often stuck in a slave-owner relationship.

      Reply
  8. Bob Smith
    November 13, 2013

    If I owned Walmart i would FIRE every Employee that protest. Go get another Job if you can.

    Reply
    • JLou2
      November 21, 2013

      You, sir, are what’s wrong with the world.

      Reply
    • cflpeace
      November 21, 2013

      I guess you don’t believe in the U.S. Constitution and the rights it affords us. Neither does Walmart.

      Reply
      • jimlouvier
        November 29, 2013

        He obviously is of the mindset that profits are more important that environmental, social, or economic impact. He must work in business. I think you have to prove you have no empathy or ethics before you can work above the mail room in most large corporate environments.

    • Just another helping hand
      November 29, 2013

      So maybe this is the reason that apparently you do not own this store?

      If Walmart does not provide a living wage they should consider it. It is a benefit to all in the community especially the store that incorporates that effective and beneficial business strategy. Take a close look at Costco and the wages their employees enjoy plus the added benefit of holidays such as Thanksgiving being a holiday. That store is thriving by investing in their employees in such a manner. It is very good and effective for the entire community.

      Reply
      • Robert Laurel
        January 22, 2014

        Then go work for Costco. Oh but you can’t because they wont hire you.

      • guy
        March 10, 2014

        oooooooohhhhhhhhhhhhh shhhhooot

      • troy
        May 4, 2014

        I stumbled upon this discussion a bit late, though I would like to say that, if we all thought like you, we wouldn’t be in this Dog Eat Dog way of life. I see that the people here, who disagree with you (and me) have developed an acceptance type attitude; they feel the way it’s been is the way it should always be. Telling people to get a better education if they don’t like it is one of the most ignorant statements I have ever heard, second only to “the Devil made me do it”. I have a degree that helped me jump in at the ground floor of a large corporation and over the 8 years that followed I worked my way up to making double what I started at…then the day came when I was asked to teach my job to a couple of hard working Engineers in Mexico…..I will assume that you know what came next. You are justified in saying those people are EXACTLY what is wrong with this world (more so in the U.S. than anywhere). Their mentality would have us living in medieval times, where I’m sure, to them, life was so much better. I have much more to say because we all know that debates and discussions are open ended but I doubt anyone is listening.

    • David M. Hughes
      July 9, 2014

      Mr. Smith- with your attitude you are not even professional enough to open a Kool Aid stand. Have fun looking in the mirror, and seeing an idiot.

      Reply
    • MK2
      August 19, 2014

      While you’re firing all of your employees, have a great Labor day……..thanks to the unions who support WORKERS!!! You get what you pay for. You must drive a Yugo.

      Reply
  9. deadhead
    November 13, 2013

    I hope they close these stores you are protesting at and put your asses on the street!!!!

    Reply
  10. Solidarity
    November 13, 2013

    Go union, the only way to get a fair deal.

    Reply
    • Robert Laurel
      January 22, 2014

      BS. I was in a union and was sold out. You pay dues, they tell you how to vote and you get nothing in return. Unions suck.

      Reply
  11. USAForever
    November 13, 2013

    Organized Labor is the only effective way workers can change their situation. Individual workers are almost powerless, united they are unstoppable. Organize, unite and stay strong.

    “Labor creates capital”- Abraham Lincoln

    Reply
    • darricksf
      December 6, 2013

      Abe was not an economist ’cause labor along with capitol creates products and services. The ability of those products and services to compete with others makes sure that the business making or providing are still in business and make capitol. Organized labor mostly favors those doing the organizing who sit around gathering in union dues having big parties and pay themselves more then they are worth. Unions also tend to favor the largest groups that they represent and sacrifice the less populace groups who actually have higher skills, knowledge and abilities. I say, fight the collective, work harder, work smarter then you will get ahead.

      Reply
      • MK2
        August 19, 2014

        HAHAHA!! You believe the Horatio Alger myth!!! Wow, you must stop drinking that Kool Aid, it is killing your brain cells. Hard work=worn out workforce.
        Keep it up and you WILL make your boss rich, that’s as far as it will go.
        It’s call income inequality, and it is where we are in the USA. I would say wake up, but it’s too late.

  12. thanksfaties
    November 14, 2013

    Boycott walmart its not worth the small amount of savings over your local shops. Buy local so the money stays out of the richest Americans hands.

    Reply
    • JLou2
      November 21, 2013

      The sad fact is that many communities no longer even have that option.

      Reply
      • Just another helping hand
        November 29, 2013

        Whenever possible use to the internet to purchase whatever you may need from companies that pay their employees a living wage.

        It’s small but if many see that as a viable option it will make a difference.

  13. getthemax
    November 28, 2013

    According to your math the Walmart CEO earns $120,000,000.00 an hour. thats based on your statement that the average employee earns $25,000.00 dollars per year and there are 1,000,000 employees and that the Ceo earns more in an hour than the employees earn in a year. You have just earned the full of shit award for 2013

    Reply
    • Sassy
      December 13, 2013

      Whose statement? I see $15,500 as the employee average per year.

      Reply
      • ohkay
        December 31, 2013

        Cashiers start out at 7.65 in a good year a little over 13,000. Cart pushers 7.25 and the work them to death. CSM’s are a pay grade 3 so substantial higher.

    • smalldog14
      March 21, 2014

      It only takes the walton’s 0 minutes 46 seconds to make my yearly salary.

      Reply
  14. obubba jones
    November 29, 2013

    Get a life or work at Walmart and shut the fucking up low life dropout lovers who have babies they can’t afford and whine about their poor miserable existence.

    Reply
  15. jjhhgh
    December 5, 2013

    Why the duck

    Reply
  16. darricksf
    December 6, 2013

    Wages are, and always will be, based on a person’s knowledge, skills and abilities and the need for them. Socialist ideas of minimum wages only work as long as that wage is set below the vast majority of wages already being paid. Look back at the data and you will see that congress and states raise the min wage after the min wage has already gone up. The governments that have gone out in front of the real value of a person’s work have ended up losing jobs after raising wages. IT’S BASIC ECONOMICS!! End all minimum wage laws and then see all of the low skilled jobs that have been outsourced to other countries return and see companies reduce their purchase rate of machines. Since I work on these machines I say: RAISE THE MINIMUM WAGE SO THAT I CAN HAVE MORE WORK!

    Reply
    • jimlouvier
      January 25, 2014

      Please come back when you meet reality. If you end the minimum wage laws, the companies will begin paying what pennies because they can. They would pay less now if they could, but the laws stand in their way.
      Jobs are outsourced to other countries because they don’t have labor laws requiring workplace safety and a minimum wage and they are legally allowed to treat their employees as slaves.

      Reply
  17. Donna
    January 6, 2014

    I have worked for Walmart for the past year.I am an amazing employee and love my job.I MADE $11,099.47 FOR THE HOLE YEAR. It would be nice if Walmart paid there employees better so that we could live better !!!!!

    Reply
    • Robert Laurel
      January 22, 2014

      So if you are an amazing employee you should have no problem getting a better job some where else.

      Reply
      • jimlouvier
        January 25, 2014

        You need to meet reality.

      • somebody
        September 11, 2014

        You can’t just go get a better job. It’s not that easy, Robert Laurel. Haven’t you been listening to what people are saying? There aren’t that many good job openings anymore, especially for adults with kids. Some people can’t afford college, and don’t start talking about student loans because you can’t pay those back easily if you have a lot of other costs in your life. The college degree you’d get off of the student loan doesn’t guarantee you a good enough job to pay off your student loans. You and Reality really need to have a chat sometime–over coffee, maybe.

    • Holdover99
      June 26, 2014

      Corrections: you made $11099.47 for the WHOLE year and it would be nice if Walmart paid THEIR employees better. Maybe you should have paid more attention in English class so your amazing skills could benefit a more worthy employer.

      Reply
    • David M. Hughes
      July 9, 2014

      Whole year Donna– Maybe if you stayed in school a little longer you could reach $11100.00.

      Reply
  18. dave
    February 18, 2014

    There are 1.4 million Walmart employees in the US, 144 million in the US work force. Walmart, by far the biggest employer in the US, is only 1% of the work force. That is why Unions go after them.) There are more than 99 other jobs out there for every 1 at Walmart. If you are unhappy working for Walmart, then take the initiative and get a better one. One that you appreciate, not one you hate. It is the only way you will find long term self satisfaction. Organized labor serves it self primarily, and you pay a portion of your wages for any benefit you get. Nothing in life comes for free. I understand Unions if there are heath and safety concerns at your work place. Otherwise work on yourself, qualify for a better job, and work at having a more rewarding life….

    Reply
    • troy
      May 5, 2014

      You’re comparing a job at Wal-Mart to every available job in the country……Do you not see what is wrong with your statement?

      Reply
    • Collin Coffelt
      May 19, 2014

      That’s an oversimplification. Unions also seek a level playing field, fair wages, equal treatment for all, provide low cost skills upgrades, decent benefits, appropriate working conditions and a number of other items that working dues help provide for all members of the local.
      You realize Walmart is basically unionized in every country they’re in EXCEPT the USA?

      Reply
  19. Marco
    April 14, 2014

    Minimum wage for minimum work.

    Reply
    • troy
      May 5, 2014

      Let me guess, you get paid by the job…not by the hour…or maybe you are salaried? If you get paid or were to get paid by the job, and you had employees, you would pay your employees by the hour. Then you would want to get that job done quicker than humanly possible so that you make more as you pay your employees less….then tell them that the job wasn’t that hard…….you are greedy and selfish, plain and simple.

      Reply
  20. X H
    April 23, 2014

    The lack of empathy towards one’s fellow man evidenced by some of the comments left here disgusts me, frankly. Chances are that many of the individuals making the most callous comments have received a head-start in life due to their socioeconomic class that many of the individuals who are forced to work as low-wage employees under the federal poverty line did not receive. If you honestly believe that the answer to severe poverty is “just go to college”, you do not understand what it means to be impoverished and completely lack the knowledge of how poverty affects an individuals access to opportunity in life. Show some respect for those who are forced to struggle in order to feed their children; you are not fit to judge their life choices and cannot possibly understand the positions that many of those individuals are in.

    Shame on you.

    Reply
  21. Patricia King
    April 26, 2014

    I have been a WalMart employee for the past 8 years. When I became an employee at a new store in Florida I was brought on as a cashier with full benefits. 3 years ago I moved to South Carolina and transferred to a local Walmart store. I was told that this store only offers benefits at the management level and I could work part time and lose my life insurance, dental insurance, vacation pay (I was getting 3 weeks of vacation yearly after 5 years), sick pay and personal days. I also took a pay cut. I have since been “promoted” to customer service representative and have gotten raises again. I have not have my time raised to full time so I still do not have dental insurance (I probably have periodontal disease again), I still have no life insurance, my health insurance costs have gone up while the benefits paid by the insurance company have decreased and my vacation pay, sick pay and personal days have not gone up. This is why unions are important to America. I am an at will employee, not covered by a union contract. The CEO’s of the world are getting all the goodies and benefits, the little guy is getting killed by these kind of practices. I am an educated person too. Two college degrees and half way through a master’s degree in business. 56 year old female.

    Reply
    • David M. Hughes
      July 9, 2014

      Patricia – so sorry for you. When I was in my twenties started working for a Pharma company, and spent most of my 45 years there. Retired at 57 with a good retirement package .Made 6 figures near the end of my career and was treated like a professional. Raised a family and all my children are college graduates , who are raising families and have excellent high paying professions— My recommendation — Quit WalMart and find another job. They are using you and will continue to use you until you die. Life has to be worth more than working for minimum wage. Your Smart, Start your own business and once a week you go to WalMart and ( excuse my French( take a crap)

      P.S. I realize If not for the grace of GOD I could be walking in your shoes, keep the faith, but if nothing else get rid of the wicked employer and your life will be much more rewarding. Find someone you trust and learn a trade or a business and someday you will be able to say to others ” I did and so can you”

      Reply
  22. troy
    May 5, 2014

    Are you still talking, WHY; you have nothing factual to report and all of your statements are opinions which sound like something a hateful person would say……I would bet you believe fat people should die to make this world a better place to live. I could be wrong, but I think I’m not.

    Reply
  23. William Brown
    May 10, 2014

    What I find astounding is that Walmart would defraud its suppliers in their stores by allowing their Department Managers with the consent of Co Managers and Store Managers to submit “long counts”.
    The process works by trashing suppliers product and claiming a credit on the item trashed from the supplier. In many cases perfectly sell-able but deemed a burden to move or reprice etc then when trashing add to the count instead of submitting the correct count they doctor the number, doubling, tripling the quantity which results in what is called a long count.
    This makes that particular store look as if it is performing well. If you continue to do it on a regular basis, department by department – you get the idea. The basis of it is defrauding the suppliers which are unaware and have to rely on their good faith. Oversight is done internally by Walmart AP. When they fail to act it goes unreported.
    I know of particular instances where this has been going on for years in one store. Imagine what a full audit could reveal ?

    The largest employer in the world…………………… lowest ethics ?

    Reply
  24. Collin Coffelt
    May 19, 2014

    Since when should we subsidize any business?
    Costco’s employees aren’t on any public assistance after the probationary period, of the ones that are.
    The wages aren’t the only negative issue there.
    Facts are facts.
    Non-sequiturs are non-sequitus. Pleases cease and desist their use.
    So you’d fire them for exercising their Constitutional rights? Just because you work for a company, you don’t give up rights. Where safety is concerned, rights can be limited. Protesting isn’t like concealed carry.
    Your logical fallacies illustrate a person that has no facts to present.

    Reply
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    May 26, 2014

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  26. matt
    July 1, 2014

    I work at a walmart warehouse in new england. The pay is excellent, and so is the insurance. It’s brutally hard work, everything is timed to the last second and the times are not fair or reasonable. But the managers treat everyone very well, 99% of my co-workers are great, and the schedule is consistent. (Start time is, sometimes we have huge volume and don’t get out for 15 hours.) I can honestly and truly say that A lot of the information on this site is false. In particular, a certain article about a northeastern warehouse talking about “broken promises.” That one made my jaw drop from the amount of utter inaccuracies in it. Whoever fact checked that one needs to be fired. Hopefully this site does fact check.

    Reply
  27. concerned
    July 4, 2014

    I have a degree in computer science and still found myself working for Walmart while pregnant with my daughter. They had me unloading trucks, even well into the third trimester of a pregnancy with complications. I requested a transfer to a different department. The request was granted, but my hours were cut in half, though my employment agreement had me as a full-time employee. I did nothing, as my doctor put me on bed rest soon after. When I attempted to return to work, they informed me that I was to be a part-time employee or they would not have a position for me. So I agreed. I live in a rural area in which Walmart is the largest employer, besting Shaw Flooring by a small margin. Needless to say, jobs are scarce and not to be refused without considering further consequences than just unfair treatment.
    I tell you all this because these people that you generalize about are still real people. No matter the choices one makes, reducing an employee’s hours as a punishment or on a whim is, in effect, reinforcing the slave-overseer labor model. If this is acceptable in modern America, then perhaps I hold the dissenting opinion that there are certain responsibilities an employer has for an employee.

    For the record, there is no cut and dry answer to the issue. Further, anyone who believes that universally increasing the minimum wage – which would be the only instance in which Walmart would increase starting wages – would resolve the socioeconomic inequality inherent to a capitalist society is sadly mistaken. Conversely, removing the minimum wage laws would likely be the final straw that sends our economy into a depression of unprecedented proportions. Again, there is not an easy answer.

    While Walmart does bare a large part of the responsibility in the situation, society at large must also share in the blame. When chasing that ever-elusive higher income bracket becomes the primary means of improving one’s quality of life, we are showing future generations that money is still king, reinforcing the dichotomy between the “haves” and the “have nots.” Again, if this is acceptable, then I am in the minority.

    Change is eminent, despite differing opinions as to the direction. However, one would be wise to note that federal minimum wage has not truly kept pace with inflation and cost of living increases in over forty years.
    No matter the opinion, such issues tend to be polarizing, which generally leads to revolution. So, please. Argue on.
    Best wishes!

    Reply
  28. MattM
    July 7, 2014

    I agree with a number of fiscally-minded, but non-ideologically minded conservatives: Solutions need to encourage entrepreneurship. And I don’t see it as morally wrong for a business’s leaders to make a lot more than its front line staff. And there *is* a kernel of truth to bootstrapping, sorry to say. There are a TON of ppl who sit around an expect a better life to be given to them without the struggle and sacrifice that goes along with it. That’s just plan dumb; paraphrased, Teddy Roosevelt said it best “Work hard for the life you want for yourself. If what you have is not what you want, work harder.”

    …however…

    It is either an ignorant or willfully ignorant person who refuses to acknowledge that this country is falling towards financial feudalism; a very small number with scores of wealth, and other folks who’d look at $35k a year as a damn good wage. The kicker is when wealth is raked encases from a system, it means those doing so make out like bandits, but the system, not just its ppl, are left poorer.

    What we’re talking about here is jobs, and specifically, manufacturing and skilled labor. America has lost SO MUCH of both to outsourced labor. We used to be a country that was a producer, but to tweak profit margins, we sent those jobs to SE Asia… And we’re suffering for it, ppl. To maximize profits to the super, SUPER wealthy, that’s what big business and gov’tal cronyism have allowed. Make no mistake, *this* is the greatest crime in history, and it’s being pulled off right in front of us.

    The solution is to STOP! Stop allowing corrupt business and gov’t from siphoning off our production. Bring those jobs back home. Those were good, honest jobs where you wouldn’t be a millionaire, but you could raise a family, and contribute to society instead of sucking off of it. Bleeding our economy is coming from the very top, as well as the bottom; poor ppl aren’t the ones sending honest jobs overseas.

    I love this country dearly, and I believe hard work and sacrifice are crucial to what put the “us” in the USA. If we bring production back home, we can give the ultra poor a job rather than a welfare check. But this starts at the top, folks. The ultra, MEGA wealthy have to stop bleeding our production out of our borders.

    Make “Made in the USA” mean something again. God bless.

    Reply
  29. the illusive man
    August 15, 2014

    How About We SHUTDOWN Walmart Forever !!!

    Reply

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