Wal-mart's employees receive $2.66 billion in government help every year, or about $420,000 per store. A combination of low wages and less than full-time schedules, leave workers dependent on social programs like Medicaid, food stamps, and Section 8 housing -- all of which are being paid for with your tax dollars. This direct public subsidy is being given to offset the failures of an international corporate giant who should not be shifting part of its labor costs on to the American taxpayers.
Just one store, in one town, can cost taxpayers more than $900,000 dollars a year. They are also the top recipients of Medicaid in numerous states. Why does this occur? Wal-Mart fails to provide a livable wage and decent healthcare benefits.
This type of welfare is not available to small business so they are forced to shut their doors.
You see, healthy capitalism is not about "maximizing near-term profits." It is about balancing the interests of several critical constituencies:
* The environment.
All working families struggle against great odds. The labor movement works to ensure healthy capitalism. All workers benefit.
Musgrave, of Chandler Ind., is a member of United Mine Workers Local 1189.