Sunday, August 4, 2013

Bernie Sanders Talks About The Real Cost of Low Prices At WalMart

From the Raw Story

Senator Bernie Sanders (I-VT) appeared on MSNBC’s “The Ed Show” on Saturday and scoffed at the idea that major corporations like Walmart can’t afford to pay their workers a living wage and that to raise the U.S. minimum wage would be bad for the economy.


I've been railing about this for years.

The Senator laughed when host Ed Schultz asked what he would say to people who insist that mega-corporations like Walmart and McDonald’s can’t afford to raise their wages.
“Ed, do you want to hear one of the great obscenities of our time?” Sanders asked. “The wealthiest family in this country is the Walton family. They are worth about a hundred billion dollars. That’s more wealth than the bottom 40 percent of the American people.”
“One of the reasons that the Walton family, the owners of Walmart, are so wealthy is that they receive huge subsidies from the taxpayers of this country,” he said. “When you pay, at Walmart, starvation wages, you don’t provide benefits to your workers, who picks up the difference? The answer is that many of the workers in Walmart end up getting Medicaid, they get food stamps, they get affordable housing paid for by the taxpayers of this country while the Walton family remains the wealthiest family in America.”
“If that is not obscene, I don’t know what is,” Sanders concluded.
'Nuff said.

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