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Tue Nov 27, 2012, 03:24 PM

Grayson: Walmart is ‘the largest recipient of public aid in the country’

Grayson: Walmart is ‘the largest recipient of public aid in the country’

http://www.rawstory.com/rs/2012/11/27/grayson-walmart-is-the-largest-recipient-of-public-aid-in-the-country/

Representative-elect Alan Grayson (D-FL) said Monday that he will put mega-retailer Walmart squarely in his sights during the next Congress for the company’s liberal use of public assistance programs to supplement their workers’ wages.

Speaking to Current TV host Cenk Uygur on Monday’s episode of “The Young Turks,” Grayson called Walmart “the largest recipient of public aid in the country,” saying their low wages force workers to take food stamps, housing assistance and Medicaid just to get by.

“The taxpayer pays for the earned income credit,” he said. “The taxpayer pays for Medicaid. The taxpayer pays for unemployment insurance when they cut hours down. And the taxpayer pays for other forms of public assistance like food stamps. I think the taxpayer is getting fed up of paying these things when, in fact, Walmart could give every employee its got, even the CEO, a 30 percent raise and still be profitable.”

(more at link plus video)

28 replies, 4187 views

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Reply Grayson: Walmart is ‘the largest recipient of public aid in the country’ (Original post)
abelenkpe Nov 2012 OP
MrYikes Nov 2012 #1
MotherPetrie Nov 2012 #2
freshwest Nov 2012 #3
rhett o rick Nov 2012 #4
mountain grammy Nov 2012 #7
SammyWinstonJack Nov 2012 #13
hue Nov 2012 #14
abelenkpe Nov 2012 #23
libdem4life Nov 2012 #5
TheMadMonk Nov 2012 #26
libdem4life Nov 2012 #27
jody Nov 2012 #6
Hydra Nov 2012 #8
jody Nov 2012 #12
Hydra Nov 2012 #25
LittleGirl Nov 2012 #9
mountain grammy Nov 2012 #10
marmar Nov 2012 #11
hue Nov 2012 #15
Magoo48 Nov 2012 #16
Skittles Nov 2012 #17
onethatcares Nov 2012 #18
calimary Nov 2012 #19
benld74 Nov 2012 #20
abelenkpe Nov 2012 #22
theaocp Nov 2012 #21
tanyev Nov 2012 #24
Divine Discontent Nov 2012 #28

Response to abelenkpe (Original post)

Tue Nov 27, 2012, 03:36 PM

1. okay so

Walmart could give every employee its got, even the CEO, a 30 percent raise and still be profitable.”


Why dear sir would they want to do that? It then becomes clear that the American quest is to find a method that will cause walmart to want to help their emploees.

Oh, and have that on my desk by Friday, please.

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Response to abelenkpe (Original post)

Tue Nov 27, 2012, 03:50 PM

2. Welcome back, Rep. Grayson!

 

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Response to abelenkpe (Original post)

Tue Nov 27, 2012, 03:58 PM

3. Another scheme by plutocrats to rob the public, called out by Grayson. Thanks.

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Response to abelenkpe (Original post)

Tue Nov 27, 2012, 03:59 PM

4. Grayson for president 2016. nm

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Response to rhett o rick (Reply #4)

Tue Nov 27, 2012, 04:18 PM

7. Oh yeah! I'd be so on board with that!

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Response to rhett o rick (Reply #4)

Tue Nov 27, 2012, 04:37 PM

13. ...

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Response to rhett o rick (Reply #4)

Tue Nov 27, 2012, 04:39 PM

14. I agree!!!! Grayson & Warren!!!

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Response to hue (Reply #14)

Tue Nov 27, 2012, 05:23 PM

23. That works for me :) nt

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Response to abelenkpe (Original post)

Tue Nov 27, 2012, 04:02 PM

5. I did some math...and the top wage for welfare for a family of four is around $45,000

$700 food stamps = $1,000 gross income x 12 = $12,000
$400 health care = $4,800
Payroll taxes = 7% = $4,200

Total = added $21,000 = $67,000. That's the 30% that the taxpayer pays so we can save a few bucks at WalMart. They buy in such huge quantities that their Sale Price give them a reasonable profit. And even their produce has been sitting in regional warehouses often for long periods of time.

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Response to libdem4life (Reply #5)

Tue Nov 27, 2012, 07:30 PM

26. Please, major error there. 21,000 is roughly FIFTY PERCENT...

 

...of the maximised welfare income you give of $45,000.

30% of $45,000 is $13,500. For an income of $58,500.

And in all probability a considerable amount less, since I think it unlikely Walmart is paying one red cent more than they can get away with, and certainly not the most that would still allow a maximised welfare assist.


More than ecconomies of scale, there's profit and even lower prices in low effective corporate tax rates.

There's profit in slack or entirely non-existent regulatory oversight.

There's profit in owning or controlling almost the entire value chain.

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Response to TheMadMonk (Reply #26)

Tue Nov 27, 2012, 09:40 PM

27. Depends on if you take the $45,000 or the $60,000 as the base...either way, it sucks.

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Response to abelenkpe (Original post)

Tue Nov 27, 2012, 04:11 PM

6. Understand and agree with Grayson but how does one draw the line between such abuses as he cites and

 

some of the stimulus programs funded over the last several years?

IMO the basic question is whether and how government handouts to corporations directly or indirectly trickle down to help the unemployed and underemployed?

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Response to jody (Reply #6)

Tue Nov 27, 2012, 04:29 PM

8. I think it comes down to priorities

Last edited Tue Nov 27, 2012, 11:26 PM - Edit history (1)

Do we make people work their asses off in unfair(and sometimes illegal conditions) and then give them just enough help to stay afloat so that the Waltons can be multi billionaires?

Or do we put the people first and not put a stipulation that they have to work at places like Walmart to get help?

I vote people first, but capitalism puts money first.

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Response to Hydra (Reply #8)

Tue Nov 27, 2012, 04:35 PM

12. I agree with you in principle but know no politician who can authorize and fund programs to achieve

 

those goals.

All I see is wasted dollars from taxes and borrowing and the homeless, unemployed, and underemployed still going without.

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Response to jody (Reply #12)

Tue Nov 27, 2012, 06:31 PM

25. The problems we're seeing are built into the system

So you are correct- nobody like Howard Dean who could and would shut this carnival of horrors down will ever be allowed near the power that could threaten any of it.

Personally, I'm advocating for a new system that isn't capital based and gives everyone a basic living allowance. I doubt I'll ever see it implemented in my lifetime, but we've made surprising progress in other areas, so I don't think it's impossible.

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Response to abelenkpe (Original post)

Tue Nov 27, 2012, 04:34 PM

9. Thrilled to K&R

Right on Rep Grayson.

I love that guy. I'd move to Florida to live in his district if there was a job there!

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Response to abelenkpe (Original post)

Tue Nov 27, 2012, 04:34 PM

10. This is "Shock Doctrine" economics...

flood the market with cheap shit made for nothing in the third world and low pay for the workers in the new "retail jobs" that replace the higher paying manufacturing jobs. We all know it's the unions' fault for getting greedy and demanding a living wage and benefits. My goodness, the poor, struggling CEO's could barely exist on $1million/year while those greedy workers were living it up in the houses they could buy and the decents cars they could drive and, oh the horrors, sending their rotten liberal children to college. Well, they've shown us a thing or two, huh? But wait, people are getting wise to this nonsense.

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Response to abelenkpe (Original post)

Tue Nov 27, 2012, 04:35 PM

11. Mr. Grayson, you were missed.

nt

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Response to abelenkpe (Original post)

Tue Nov 27, 2012, 04:41 PM

15. I love Alan Grayson!!

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Response to abelenkpe (Original post)

Tue Nov 27, 2012, 04:43 PM

16. The common good is rarely on the table....

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Response to abelenkpe (Original post)

Tue Nov 27, 2012, 04:55 PM

17. ALAN, SAYING IT LIKE IT IS

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Response to abelenkpe (Original post)

Tue Nov 27, 2012, 05:05 PM

18. well, Let's do it.

let's back Alan Graysons plan and give him some support. Call, email, write your representatives and tell them you're mad as hell and you want them to join with Rep Grayson and get the economy back on track.

The only way to do that is trickle up and wages is the only way for that to start.


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Response to abelenkpe (Original post)

Tue Nov 27, 2012, 05:12 PM

19. I just LOVE this man!

I am SO glad he's back in Congress again!

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Response to abelenkpe (Original post)

Tue Nov 27, 2012, 05:17 PM

20. In ADDITION to this and NOT mentioned are the

TIF's given out by the LOCAL governments to ENTICE Walmart to BUILD in their TOWN. THIS usually includes the roads, sewers, electrical, site etc upgrades needed to be in place BEFORE Walmart agrees to BUILD!!!!

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Response to benld74 (Reply #20)

Tue Nov 27, 2012, 05:22 PM

22. Good point! nt

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Response to abelenkpe (Original post)

Tue Nov 27, 2012, 05:22 PM

21. But he said this on CENK'S show!

Grayson must be one of those who secretly want to hurt the Democratic party, like *gasp* CENK UYGUR! Oh noes! Fake progressives should start soiling their small clothes post haste!

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Response to abelenkpe (Original post)

Tue Nov 27, 2012, 05:32 PM

24. I'm so glad he's back!

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Response to abelenkpe (Original post)

Wed Nov 28, 2012, 03:43 PM

28. it's a good thing there's not 10 more mouseworld's in the USA

because just the 2 in CA and FL are full of people getting gov't aid, so they'd rival wallyworld for top user of employees needing support!



Get it here --->
http://www.zazzle.com/obama_the_president_bumper_sticker-128034220224907537?rf=238107662556833486

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