I my opinion this is one shitty corporation...

[jmowreader]

31. You seriously do not understand the problem

That outrageous number everyone quotes here is their total wealth. If you poke around online, you will find that the Walton heirs' wealth increased from 2007 to 2010 from $73.3 billion to $89.5 billion. That is an outrageous chunk of change, but divided among their 2.2 million employees it's only $94.40 per pay period. It would help their employees a lot, but ninety-five extra dollars a pay period would not bring them up to a living wage nor would it allow them to buy health insurance.

Walmart's business model is designed to inadvertently fuck its employees by not bringing in enough money to pay them properly. And the thing is, the public thinks it's just great so many WM employees are on public assistance...go to one, glance in people's carts and see how many buy nothing but the cheapest things on the shelves.(Then for extra entertainment go online and look up the price on the new F350 pickups they load that cheap crap into...)

They're at the point where anything they do to try to help the employees would fuck them harder. They could close stores but that would reduce revenue. They could lay off half their employees but that would cause thousands of problems. They could put prices where they should be and fickle shoppers would buy in other places. The CEO makes $8 per employee. In terms of his cash compensation his per-employee salary would get him a Walmart cola out of the vending machine.

It's nice to slam Walmart but they make five percent profit and employ 2 million people. This is the left wing version of "all the government needs to do is stop spending."