12.02.2013

Another non-environmental wonder

More insight into the wonder that is Walmart's role in America's downward spiral of chronic unemployment, wages too low to stay out of poverty on, and a broken social safety net (via Businessweek):

"In the U.S., Wal-Mart’s lower-income customers are struggling amid persistent unemployment and higher payroll taxes. Many seem to have fled to dollar stores in search of even lower everyday prices."

A growing segment of customers that can't afford Walmart's products, and more than half of Walmart workers making less than $25,000 a year, ultimately costing taxpayers more.

The solution - higher wages - and its knock-on benefits to the wider American economy, is so obvious that even Ashton Kutcher can do the math.


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