Tuesday, August 10, 2004

why walmart is evil...

Today's CAP Progress Report (Aug. 9, 2004) discusses the effect of Wal-Mart on the California ecomony:
ECONOMY – WAL-MART IS NO BARGAIN: CBS News reports Americans are paying a stiff price for bargains at the mega corporation Wal-Mart. According to a recent University of California, Berkeley study, Wal-Mart actually takes a lot more from communities than it gives back in low prices. "Because of the low wages and because people do not have health insurance through their employer, people rely on public support to make ends meet," says the school's Ken Jacobs. In California, taxpayers pay an estimated $82-million a year to take care of health care, food stamps, and other social services for Wal-Mart employees.

This is from the blog Left is Right

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