Why Raising Walmart Wages Helps The Economy

Walmart CEO Michael Duke’s $35 million annual salary constitutes an hourly wage equal to the annual salary of the average Walmart employee. — Jonathon Turley

Walmart tops the “leading retailer by employment chart” with over 2 million employees — next on the list is Target with only 365,000.  Today Walmart workers will go on strike to demand fair wages among other issues. A study by Demos reports that “Retail jobs are a crucial source of income for the families of workers in the sector, yet currently more than 1 million retail workers and their family members live in or near poverty.3 More than 95 percent of year-round Continue reading

Black Thursday? Or, Black Friday? Will Walmart’s employee strike work?

It all depends on shoppers.  Walmart wants to bring people in before the stirke — and ABC’s Good Morning America glibly helps them make their case: