But the name doesn't matter, as long you understand that the store you know as Wal-mart probably carries the most responsibility for welfare and poverty in the U.S.
- Wal-mart is responsible for 11 percent of the trade deficit with China
- Wal-mart's active import of products from China is responsible for the loss of 196,000 American jobs
- 80 percent of Wal-mart employees - that's over 1.1 million Americans - qualify for food stamps due to their low pay
- the annual costs of food stamps and Medicaid for Wal-Mart workers, as well as free and reduced-price lunches at school for their children, come to $2.66 billion
Check the graphic below that offers more details on how Wal-mart (or Wal-fare) is the biggest freeloader of all time. We're the ones paying for it, and in more ways than one.
How Wal-Mart is devouring the food system
As if the pay and benefits weren't bad enough