Showing posts with label misery Wal-Mart. Show all posts
Showing posts with label misery Wal-Mart. Show all posts

Sunday, March 27, 2011

Not Trickling Down

Just glancing over the Forbes 400 richest Americans and noticing that the list is conspicuously littered with one surname.

4) Christy Walton - 24 billion

7) Jim Walton - 20.1 billion

8) Alice Walton - 20 billion

9) S. Robson Walton - 19.7 billion

98) Ann Walton Kroenke - 3.2 billion

136) Nancy Walton Laurie - 2.6 billion

That's six people in one family with a combined net worth of 89.6 billion dollars.  The company's CEO, Mike Duke, pulls in 6 million dollars per annum.

What, pray, does the average full-time Wal-Mart employee bring in on an hourly basis?

$11.75 an hour.

What, in Wal-Mart's opinion, constitutes full time?

34 hours a week.

I wish that these six Waltons could be made to live on $20,000 for one year.  That would make for some good reality TV right there.

Rah capitalism.

nwb