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Federal Government Pays Wal-Mart $2.6 Billion Welfare Payment Every Year

Wal-Mart isn’t alone in this swindle. Hundreds of major corporations have their hand in your wallet like this.

Wal-Marts all over the nation were absolutely packed this holiday season, but according to a recent Bloomberg article, the average amount of welfare that Wal-Mart employees receive from the government each year breaks down to about $420,000 per store…

Wal-Mart’s low wages have led to full-time employees seeking public assistance. These are not the 47 percent, lazy, unmotivated bums. Rather, these are people working physical, often difficult jobs. They receive $2.66 billion in government help each year (including $1 billion in healthcare assistance). That works out to about $5,815 per worker. And about $420,000 per store.

If that makes you angry, you are right to be angry.

Today, Wal-Mart employs approximately 1.2 million people in the United States, and it makes a yearly profit of about 17 billion dollars.

So why does it need 2.6 billion dollars of help from the U.S. government?

Wal-Mart is a colossal money-making behemoth. Just consider the following numbers…

The size of Wal-Mart is sometimes difficult to visualize. To put it into some context, consider the following: 100 million U.S. shoppers patronize Wal-Mart stores every week. Wal-Mart has twice the number employees of the U.S. Postal Service, a larger global computer network than the Pentagon, and the world’s largest fleet of trucks.Americans spend about $36 million dollars per hour at the stores. Wal-Mart now sells more food than any other company in the world, capturing one of every four dollars spent on food in the U.S. The average American family of four spends over $4,000 a year there. Each week, it has 200 million customers at more than 10,400 stores in 27 countries. If the company were an independent country, it would be the 25th largest economy in the world.

Wal-Mart does well enough to be able to pay their workers a livable wage.

And they refuse to do it.

Meanwhile, the six heirs of Wal-Mart founder Sam Walton have as much wealth as the poorest one-third of all Americans combined.

100 million people visit Wal-Mart every single week, and we continue to fill our shopping carts with cheap products that are made outside this country.

We refuse to support American workers and American businesses, and this is a recipe for disaster.

The truth is that we can’t consume our way to prosperity. When we consume far more than we produce, we pile up debt and we become poorer as a nation.

And as a country we have become exceedingly cold-hearted toward our workers. If you truly love free markets and capitalism, you should be encouraging big companies to pay their workers properly. Instead, we move closer and closer to a slave labor model employed by China and other communist nations with each passing day.

At this point, the U.S. middle class is well on the way to being destroyed. 40 percent of all American workers now make less than what a minimum wage worker made back in 1968 after you account for inflation.

Via Truth and Action:

How is the middle class supposed to survive in such an environment?

And for any “pro-business” people that want to defend Wal-Mart, do you actually like paying suffocating taxes to support all of the people that are being forced on to the safety net?

What is our society going to look like as millions more Americans become dependent on the federal government each year?  Government dependence is already at an all-time record high.  How much worse do things have to get before we admit that we have a real problem?

Unfortunately, it looks like our problems are only going to accelerate in 2015.  Thanks to the stunning decline in the price of oil, we are starting to lose good paying jobs in the energy industry

One company caught in the industry downturn is Hercules Offshore Inc. The Houston-based firm is laying off 324 employees, roughly 15% of its workforce, because oil companies aren’t renewing contracts for its offshore drilling rigs in the Gulf of Mexico while crude prices are depressed.

“It’s been breathtaking,” said Jim Noe, executive vice president of Hercules, which was founded in 2004. “We’ve never seen this glut of supply and dislocation in oil markets. So we’re not surprised to see a significant decline in demand for our services.”

These are jobs that we cannot afford to lose.

Since the end of the last recession, the energy industry has been the leading creator of good paying jobs in America.

But now as the U.S. energy boom goes bust, it might lead the way in job losses.

In order to have a middle class, we have got to have middle class jobs.

Unfortunately, those kinds of jobs are disappearing and the entire U.S. economy is moving toward the Wal-Mart model.

In the end, we will all pay a great price for such foolishness.