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Showing Original Post only (View all)Reagan's "Welfare Queen" FOUND! [View all]
Good news everyone, after more than thirty years of searching by the news media, Ronald Reagans infamous Welfare Queen has finally been found. She lives in Bentonville, Arkansas.
She has eighty names, thirty addresses, Reagan warned during his 1976 run for President about a nameless, Cadillac-driving woman whos conning the social safety net. He added: Shes got Medicaid, getting food stamps, and she is collecting welfare under each of her names. In total, Reagan said, Her tax-free cash income is over $150,000. For more than thirty years, Republicans have used the existence of this Welfare Queen to justify their attacks on public spending and prove that the welfare state has run amok. Yet, her identity has never been revealed. After decades of searching, the best and brightest minds in the field of journalism were never able to discover whos behind the wheel of the Welfare Queens Cadillac, or if she even existed.
That is until now.
We now realize our mistake. In our search for this Welfare Queen, we were looking for actual people when we should have been looking for corporate people. We should have been looking at Wal-Mart. Wal-Mart is the largest private employer and brought in more revenue in 2011 than any other company in the nation. Wal-Mart pocketed a not-too-shabby $16.4 billion in profits that same year and the six Wal-Mart heirs, the Walton family, own roughly $100 billion in wealth, which is more than 40% of Americans combined. But, despite making all of this money, Wal-Marts business model hinges on mooching from the government. It hinges on being the biggest Welfare Queen in the United States.
Because of the everyday low wages that the retail giant pays its employees, our government has to step in and provide public assistance to Wal-Mart workers just so they can survive which is why the Wal-Mart workforce represents the largest recipient of federal aid in the nation. A Wal-Mart worker makes on average 31% less than a worker for any other large retailer, and requires 39% more in public assistance. A recent study by UC Berkeley found that Wal-Marts low wages are costing the state of California alone $86 million a year to provide public assistance like food stamps and healthcare to the retailers 44,000 low-wage employees in the state. The state spends nearly $2,000 every single year on each Wal-Mart employee who cant afford basic essentials like housing, food, and healthcare with their Wal-Mart paycheck.
In total, its estimated that Walmart stores loot more than $2.6 billion every single year from the federal government in the form of tax-payer funded public assistance to their employees. That includes more than one billion in healthcare costs associated with Medicaid, and $225 million in free or reduced-price lunches for school children of Wal-Mart employees. And now, as reported by the Huffington Post, Wal-Mart is planning to loot even more from us taxpayers, as the giant corporation adopts a new healthcare policy that will deny insurance for any employees working fewer than 30 hours a week. Wal-Mart routinely forces their workers into part-time schedules, working fewer than 30 hours a week, so many will lose their health insurance under this new policy. When asked for comment by the Huffington Post on how many workers will be affected, Wal-Mart declined to answer.
http://truth-out.org/opinion/item/13127-reagans-welfare-queen-found
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"You're the real racist." "Why do you have to bring race into everything?" That's the standard
blm
Dec 2012
#34
If minimum wage kept up with inflation compared to 1968, it should be $10.50
TexasBushwhacker
Dec 2012
#50
The Leona Helmsey of this century. Whatever sins Carnegie committed, he learned a few things:
freshwest
Dec 2012
#41
She's Alice Walton. The one who opened the art museum in Bentonville.
Manifestor_of_Light
Dec 2012
#36
kr. the story of walmart is very interesting, particularly the part where it took off once
HiPointDem
Dec 2012
#40
If corporations are people Walmart should be arrested for employee abuse and taxpayer theft.
Initech
Dec 2012
#43