WalMart Admits Profits Depend Heavily On Corporate Welfare

Wednesday, March 26, 2014
By Paul Martin

by Tyler Durden

It appears that Walmart has admitted the potentially severe adverse impact a reduction in food stamp payments could have on its bottom line. This shouldn’t be a surprise to anyone as we have written about this many, many times. Most notably here McDonald’s Math: You Can’t Survive Working for Us. But now, we have further evidence of this disturbing economic trend straight from the horse’s mouth: Walmart. Simply put, Who’s paying for Wal-Mart’s addiction to paying its employees less than a living wage? You are.

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