No one wants to hear that 29.3% of Walmart employees are on Medicaid and the percentage on SNAP is undoubtedly higher as the median pay is less than what is required to be on welfare.
Nor do they want to hear that Walmart takes in 25% of all SNAP payments made by our nation.
It would literally go broke but for keeping its costs down due to welfare subsidies of its employees and the welfare money it takes in.
In short, the reason Walmart is cheap is because the taxpayer supports it.
“Nor do they want to hear that Walmart takes in 25% of all SNAP payments made by our nation.”
The government chose to offer SNAP. Would it not make sense for its beneficiaries to shop at a low-priced store?
“Walmart”
What would you like the government to do?
Make the store pay 100% for employee medical benefits?
Walmart would raise its prices. The employees’ health care costs would be paid by its customers at the cash registers instead of by payments to the federal government.
That would be a wash.
However, the CPI would go up as a result and Social Security payouts would get adjusted upwards.
Forcing Walmart to pay for all employee health care costs would costs the federal government billions more in Social Security payouts.
“Walmart”
Rural folks long had to pay higher prices than city folks because there was less competition.
Sam Walton decided circa 1962 that if he offered better prices than the rural stores taking advantage of lack of competition that he could build a very nice business, and that’s what he did.
Walmart took over rural retailing and then came to the suburbs.