If Walmart can spend this much on lobbyists ...

[kpete]

?1417013873

http://www.dailykos.com/story/2014/11/28/1347657/-If-Walmart-can-spend-this-much-on-lobbyists#

[alc]

1. a extra $12/year is a living wage?

Actually, the first site I found said they have 2.2 million employees so putting that $12.5 million into wages is an extra $6/year per employee.

I may be stats/numbers snob but when I see something like this my initial reaction is "whoever created it doesn't understand magnitudes" rather than whatever feelings they wanted to invoke.

I'll admit I can't do any better at bumper-sticker-sized statements: "Walmart paid lobbyists $12.5 million in part to keep wages down" doesn't sound as good as the statement in the image.

[DetlefK]

2. A way better number would have been the gross profit: $129 billion in 2014.

Take $2.2 billion of those and each employee gets $1000 a year more.

[pangaia]

4. I think the number to look at should be NET profit.

If I am not mistaken.
Maybe I am mixing the two up.
But, in my business, gross profit is the profit after materials for sale are deducted.
Net is the amount after everything else is deducted... salaries, utilities, advertising, travel, legal fees, booze on friday afternoons, etc etc etc..

[RiverLover]

6. They average $4 billion per quarter in net income.

More than enough to be a decent workplace.

[pangaia]

8. Thanks for saving me from looking like

I might be supporting Walfart.

[RiverLover]

9. LOL No prob!! ~nt

[PeoViejo]

12. If the Bean-Counters at Wally World could save a Dollar a Year.....

The problem is that they misunderstood Public Opinion and Activism's effect on the Bottom Line, still, I expect them to take it into account in the future and pare their costs accordingly.

The current Business model is Profit over Social Responsibility.

[RiverLover]

3. This won't fit on a bumper sticker either

Why Walmart’s Death Grip on Our Food System Is Intensifying Poverty

http://ilsr.org/walmarts-death-grip-food-system-intensifying-poverty/

[pangaia]

5. How can I copy this graphic?

I went to the ILSR site but do not find it.
I can not copy and paste it from here.. doesn't seem to work.

[RiverLover]

11. http://ilsr.org/infographic-walmart-food/

Sorry pangaia, I'm not sure what happened when I copied the link.

[pangaia]

18. Thanks.

Ocean Lover.

[niyad]

14. would you post this as its own op--for greater visibility, and so that we can kick and rec?

[RiverLover]

16. Done.

[BlancheSplanchnik]

17. thanks!

Going to look for it now.

[SomethingFishy]

20. Ok.. lets not act like the Waltons don't personally control as much

wealth as the bottom 40% of people in the US. Lets also not pretend that they seem to think that's not enough. Wal-Mart is cutting hours and hence insurance to tens of thousands of employees to increase their bottom line.

Do you understand that statement? They don't have enough wealth so they are going to take paychecks and insurance from poor people so they can have more

Try finding the "stats" in that.

[grahamhgreen]

21. Hell no, extra 12/hr.! They need to pay their fair share.

[RiverLover]

7. $1 Billion: That’s How Much Walmart Avoids Paying in Taxes Each Year Through Loopholes

That would fit on a bumper sticker

http://www.thenation.com/blog/191209/1-billion-thats-how-much-walmart-avoids-paying-taxes-each-year-through-loopholes

[taught_me_patience]

19. Walmart pays a very high tax rate

Effective tax rate they pay is 32-34% vs. the corporate rate of 35%.

[grahamhgreen]

22. Not:

http://www.ritholtz.com/blog/2014/04/walmart-on-tax-day-how-taxpayers-subsidizes-americas-biggest-employer-and-richest-family/

Why are you defending the Waltons????

[oldandhappy]

10. Stunning graphs. Thank you.

We are getting a WinCo locally and that will provide some competition for WM. But WOW, greedy fingers have already got a firm hold on the system. I am sort of speechless at the moment.

[PeoViejo]

13. Like Monsanto says: Feeding the World

..by eliminating competition until they are the only one in the Game.

[classykaren]

15. This would make a great Bumper Sticker for our cars.