Friday, October 12, 2012
Walmart in Missouri: the company with the most government dependents
I've been seeing a recurring post out on the interwebs this week, saying Walmart stores have more employees on food stamps than any other.
So I searched it.
And voila, look what I found:
Missouri
In October 2009 the state Department of Social Services finally fulfilled a requirement contained in a law passed in 2007 by publishing a list of the companies with the most employees (and their dependents) participating in the state's Medicaid program, known as MO HealthNet (MHN). At the top of the list is Wal-Mart, which was found to have 1,555 employees enrolled in MHN and another 3,040 employees with dependents enrolled in MHN.
Source: Missouri Department of Social Services, MO HealthNet Employer Match Report: First Quarter 2009, October 21, 2009; online at http://dss.mo.gov/mhd/general/pdf/emp-match.pdf
Original source for the larger article, showing state-by-state statistics: http://www.goodjobsfirst.org/corporate-subsidy-watch/hidden-taxpayer-costs
Nice, huh?
In the meantime, there's this from the LA Times on the Walton family:
Wal-Mart heirs worth as much as bottom 41.5% of American families
And this:
Walton Family Lands Combined $3.3 Billion On Wal-Mart's Biggest Gain In 3 Years
Seriously, if you still shop there, would you please stop? It's not good for you, in the bigger picture, even with lower prices, and it's patently bad for America.
Finally, know, too that Arvest Bank is owned by a Walton family member.
Don't. Just don't.
Links: http://articles.latimes.com/2012/jul/18/business/la-fi-mo-walmart-heirs-20120718
http://www.forbes.com/sites/calebmelby/2012/05/17/walton-family-lands-combined-3-3-billion-on-wal-marts-biggest-gain-in-3-years/
http://walmart1percent.org/top-reasons-the-walton-family-and-walmart-are-not-job-creators/
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