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Walmart Food Infographic. Walmart now captures 1 of every 4 dollars Americans spend on groceries. It's on track to claim one-third of food sales within five years. Here's a look at how Walmart has dramatically altered the food system -- triggering massive consolidation, driving down prices to farmers, and leaving more families struggling to afford healthy food.
15 dollar minimum wage. When you pay local workers more, they spend more locally. When corporations don't pay the workers that profit is sent to the Cayman Islands to avoid taxes. We recently coauthored at report Los Angeles Rising: A City That Works for Everyone with the UCLA Labor Center and Institute for Research on Labor and Employment which looked at the consequences, both intended and unintended, of such a lift. We found that a phased-in increase to $15.25 by 2019 will put $5.9 billion more into the pockets of 723,000 working people, which will generate $6.4 billion in increased sales. That means that every dollar increase in the minimum wage generates $1.12 in economic stimulus. Businesses will hire more in response to the greater demand, creating 46,400 new jobs. Economicrt.org
Walmart warns - LOL!!!!! Unfortunately, no mention of the fact that, while they don't pay their regular workers a living wage, the CEOs, etc. could easily take a pay cut and still live extremely comfortable lives! I simply won't shop there unless I'm desperate because I won't support such nonsense! Costco is much better!