Depends, did you read the study I cited at the end of my message? Again,
for a company that employees over 1 million people in the country and who is
making a quarterly profit (net income increased 3.8% to $2.4 billion, or
$0.57 per share, in the third quarter of fiscal 2005) shouldn't be putting
that much of a burden on the state they are in.
Main Findings:
* Reliance by Wal-Mart workers on public assistance programs in
California comes at a cost to the taxpayers of an estimated $86 million
annually; this is comprised of $32 million in health related expenses and
$54 million in other assistance.
* The families of Wal-Mart employees in California utilize an estimated
40 percent more in taxpayer-funded health care than the average for families
of all large retail employees.
* The families of Wal-Mart employees use an estimated 38 percent more in
other (non-health care) public assistance programs (such as food stamps,
Earned Income Tax Credit, subsidized school lunches, and subsidized housing)
than the average for families of all large retail employees.
* If other large California retailers adopted Wal-Mart's wage and
benefits standards, it would cost taxpayers an additional $410 million a
year in public assistance to employees.
Personally I don't shop at Walmart, I find their business practices (both
toward their employees and in terms of other smaller businesses in the areas
they come into) abhorrent. I refuse to support their business, why should I
be forced to subsidize it?
As to other low income jobs. If the corporations are making the profits
Walmart is and I'm subsidizing their employees, then yes, they should
provide health care. In Maryland at least, if those corporations employ
10,000 people or more, then they are either subject to the same law as
WalMart, or they are, in fact, paying for health care.
-----Original Message-----
From: Tim Heald [mailto:[EMAIL PROTECTED]
Sent: Friday, January 13, 2006 2:27 PM
To: CF-Community
Subject: RE: [signs of sanity] MD no longer subsidizing Walmart
Can't the same be said for any fast food?
Or for any other low paying job?
>
> Hidden Cost Of Wal-Mart Jobs
> Use of Safety Net Programs by Wal-Mart Workers in California
>
> Arindrajit Dube
> UC Berkeley Institute for Industrial Relations
>
> Ken Jacobs
> UC Berkeley Center for Labor Research and Education
>
> A Study for the UC Berkeley Labor Center August 2, 2004
>
> http://www.dsausa.org/lowwage/walmart/2004/walmart%20study.html
>
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