Those under the impression that the United State's free market is actually free couldn't be more wrong. This so-called "free" market is actually costing American taxpayers money and lots of it. Unfortunately, slave labor and wages have come to a neighborhood near you via your most popular retailers. Many of our country's favorite corporations do not pay workers a living wage. How could the retailers we loyally shop at treat us so badly in return?
Instead of paying workers a living wage, these places opt to pay the government's bare minimum wage requirements. Paying employees the modern day equivalent of a slave wages not only adds another helping or two to these corporation's already obese profit margins, but does so on the taxpayer's dimes.
Last week marks the first ever successful strike for Walmart employees. It's no surprise the retailer has long gotten away with underpaying and exploiting their workers and then sending us the bill. Whether you shop at big corporations with bad reputations (like Walmart) or not, if you are a taxpayer, you are being short-changed by this very company and others of its caliber. How is that, you say? Slave wages have come to America and you are paying the price.
Don't let Walmart fool you. Just because they aren't paying their American employees $0.55 an hour (a rate of pay that exceeds the hourly wages of their sweat shop workers in China) doesn't mean Americans aren't receiving slave wages. The average Walmart worker makes $8.81 an hour, $15,576 per year which is below the poverty line for a family of two or more and low enough a wage for even a household of one to qualify for public assistance and food stamps. Walmart reaped over $400 billion in global profits last year and your hard-earned taxes helped foot a bill that Walmart could've easily took care of.
Walmart workers, as a group, are the largest food stamp recipients in the country totaling $2.66 billion annually. That's right, Walmart, a company that makes more than $400,000,000,000 a year is taking more than $2,660,000,000 out of tax payers pockets annually because they have refused to pay their workers a living wage. Not only has Walmart callously expected the taxpayers to pick up the slack, but the government has allowed them to get away with it! In fact, reports say Walmart has direct knowledge of this and directly assist employees in applications for both food stamps and Medicaid. And that is not all. Walmart also takes millions, perhaps billions in tax breaks, free land and other government subsidies.
There are slave laborers in America and they are right under our noses. We encounter these workers every day of the week. Some may argue that minimum wage is far from slave labor, but without government assistance and food stamps, these workers would be starving and homeless. How are these not slave wages? Additionally, "Walmart's intentionally low wages and lack of covered benefits cost taxpayers over $1.02 BILLION a year in healthcare costs."
Of course, many of our biggest retailers are guilty of paying intentionally low wages at the cost of the tax-payers (McDonald's, K-Mart, Target), but Walmart is the worst of this motley crew. Since Walmart began its move into a neighborhood near you, wages have decreased; small business have closed and been shipped over seas; the poverty level has sky-rocketed; and we lost a total of 196,000 jobs in the manufacturing sector because of the company's imports from China.
With Walmart employees accounting for 1% of the country's working population, it seems that proper government intervention is needed to redirect this burden back to the retail giant and away from the country's working class citizens. The six heirs to the Walmart fortune are worth the same as the bottom 40% of Americans: Sam Walton's six living family members are worth the same amount of money as approximately 1,250,000 Americans!