The Walmart family is
the wealthiest family in this country, worth about $100 billion. owning
more wealth than the bottom 40 percent of the American people, and yet
here's the incredible fact.
Because their wages and benefits are so low, they are the major
welfare recipients in America, because many, many of their workers
depend on Medicaid, depend on food stamps, depend on government
subsidies for housing. So, if the minimum wage went up for Walmart,
would be a real cut in their profits, but it would be a real savings by
the way for taxpayers, who would not having to subsidize Walmart
employees because of their low wages.
.
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