Toddsterpatriot
Diamond Member
Wally World isn't the only company in America that hires entry-level low wage employees, who qualify for social safety sofa benefits.Glad to see you support socialism comrade...for corporations..
Report: Wal-Mart's low pay drives employees onto public benefits
Wal-Mart wages are so low they force many of its employees onto the public doles, creating a drag on taxpayers and the economy, according to a new report from the staff of Congressional Democrats.
The report analyzes data from Wisconsins Medicaid program, estimating that a single 300-person, Wal-Mart Supercenter store in that state likely costs taxpayers at least $904,542 per year and could cost up to $1,744,590 per year, or roughly $5,815 per employee.
The report analyzes data from the state of Wisconsin because it appears to be the most recent and comprehensive. The state released Medicaid enrollment by employer as of the fourth quarter of 2012.
Wal-Mart was first on the list with 3,216 employees enrolled in BadgerCare, the states Medicaid program. Including the children and dependents of these employees, Wal-Mart accounts for 9,207.
The report assumes that about a quarter of the stores employees enroll in other taxpayer-funded programs, including Section 8 housing, National School Lunch programs, the Earned Income tax credit and others.
more for comrade Frank
But thanks for stopping by to exhibit your rank ignorance and bigotry....You easily qualify for #4.
They are not the only one, just the biggest drag on taxpayers and the economy.
Here is your word for the day pea brain...externalities
Letter: Walmart is a market failure with many negative externalities
The Gazette-Times editorial board seems to have something of a penchant for free-market solutions (Let market decide Walmart fate, Nov. 27). But what if the free market doesnt work?
Basic economic theory doesnt suggest that the free market will always arrive at the best outcome for society as a whole.
In fact, it has a term for what happens when the outcomes of the market have unaccounted-for consequences: externalities, or those good and bad outcomes that arent priced into market transactions (think about how pollution hurts everyone, but the factory that produces it doesnt pay the cost directly).
If I had to describe why opponents of Walmart oppose the multinational in economic terms, I would say Walmarts presence has been linked to large negative externalities.
Their low pay and lack of benefits have been shown to increase the need for publicly funded social services. We could say its a negative externality created by Walmarts low wages. (We could also say that this is public subsidization of Walmart.)
When it comes to Walmarts low prices, their size and ability to extract lower prices from suppliers and distributors is implicated in causing another negative externality: environmental destruction and sub-poverty wages for the workers who actually produce the goods sold in Walmart stores.
I would go so far as to suggest the people opposing Walmart understand that the market doesnt always produce socially optimal outcomes. Economists understand this. The G-T should stop pretending it doesnt.
Walmart, Market Failure, Economics, Dennis Dugan, Free Market
Their low pay and lack of benefits have been shown to increase the need for publicly funded social services.
What is the need when their employees have no pay?
Is it higher or lower?
Man, that guy is 10 pounds of stupid in a 5 pound bag.