Today's CAP Progress Report (Aug. 9, 2004) discusses the effect of Wal-Mart on the California ecomony:
| ECONOMY – WAL-MART IS NO BARGAIN: CBS News reports Americans are paying a stiff price for bargains at the mega corporation Wal-Mart. According to a recent University of California, Berkeley study, Wal-Mart actually takes a lot more from communities than it gives back in low prices. "Because of the low wages and because people do not have health insurance through their employer, people rely on public support to make ends meet," says the school's Ken Jacobs. In California, taxpayers pay an estimated $82-million a year to take care of health care, food stamps, and other social services for Wal-Mart employees. |
Left is Right posted this study 6 days ago. It obviously has caught the eye of more than one Progressive. It needs to catch the eyes of major media.
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