Thursday, November 22, 2012

Why You Shouldn’t Shop at Walmart on Friday

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http://robertreich.org/post/36219730368

Walmart earned $16 billion last year (it just reported a 9 percent increase in earnings in the third quarter of 2012, to $3.6 billion), the lion’s share of which went instead to Walmart’s shareholders — including the family of its founder, Sam Walton, who earned on their Walmart stock more than the combined earnings of the bottom 40 percent of American workers.

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