So here's the news on Walmart

Chicago (bless them) City Council passed an ordinance last month requiring Walmart and other big box stores to pay $10 an hour by 2010.

A few points:
* Walmart is one of the richest corporations in America, yet they are so skimpy their own employees cannot even afford health insurance and in our state the biggest tax subsidy for health care goes to Walmart employees.
* $10 an hour, with those profits?  Come on, if you want to do business in Chicago (and you don't have to build stores there) you should pay a decent wage.

Walmart keeps on earning its image as the poster-boy for corporate greed and stinginess.
The big news:   we're starting to see a little move to paying higher wages in the 21st century.
Hopefully restoring the middle class and the balance in inequality of wealth (a little). Nice job Chicago aldermen and alderwomen.

Comments

[Terry Newman]

I refuse to step foot into a Walmart because of the way they treat their employees and their vendors. One of my former part time employees told me that when she applied for a job at Walmart, she was given an application for the job as well as an application for food stamps. People need to understand that they are paying those low Walmart prices but paying high health care and other costs for its employees