Monday, April 16, 2007

Walmart no1 in fortune 500

Mighty megastore Walmart regained top spot this year againt oil giant exxon mobile. The king of retail buys most of its products in China and pays its workers below market wages.

Walmart is a net job destroyer not a creator. The jobs it does create pay little more than the minimum wage which has not gone up in years.

Profits at the big box stores are great, but little of that money is going to the workers.

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