Saturday, July 13, 2013

WalMart's Contribution to Income Inequality


The latest in WalMart's war on the American worker:
Walmart is threatening to leave DC if the mayor does not veto the [living wage] bill, saying it cannot possibly afford to pay employees at least $12.50 per hour, given that it can only afford to pay its CEO a paltry $20.7 million per year and is the number 2 company in the Fortune 500 list.
WalMart: "Save Money on wages, so CEO can Live Better."