To Match Walton Heirs' Fortune, You'd Need to Work at Walmart for 7 Million Years

It would take 7 million years for one person to generate the same amount of revenue as a CEO with teams beneath them + dozens of stores and hundreds of people generating income.

Sort of apples and oranges don't you think?

How many years would it take for me to build a 20 story office tower by myself?

Hey here's an idea, let's increase every ones pay by x100 so a cashier at Walmart makes $700.00 dollars per hour, that way it will only take 70,000 years to equal the pay you mentioned.

Really ??? How about reading the article. So while you are sanctioning minimum wage, a wage which is impossible to support a family on... THIS is what people are doing to make up the shortfall.... YOUR money. So yes, they SHOULD get paid more so that they are paid a living wage and NOT having to take taxpayers money.

But, if it is ok with you that taxpayers absolve the Wal-Mart from paying a living wage, KNOWING that the state and federal governments will pick up the tab....



"In 2004, a year in which Wal-Mart reported $9.1 billion in profits, the retailer's California employees collected $86 million in public assistance, according to researchers at the University of California-Berkeley. Other studies have revealed widespread use of publicly funded health care by Wal-Mart employees in numerous states. In 2004, Democratic staffers of the House education and workforce committee calculated that each 200-employee Wal-Mart store costs taxpayers an average of more than $400,000 a year, based on entitlements ranging from energy-assistance grants to Medicaid to food stamps to WIC—the federal program that provides food to low-income women with children."

And what do you say about taxpayers making up the difference?!!!!

He must be a very intelligent man.

Oh....you mean like the Hostess Twinkie factories?

There is really no point in trying to rationalize with people on this. Obama has conditioned the masses to think that anyone who is successful in business is evil and owes everyone else for what they have built. It is that give me mentality and these walwart hatters are the first ones standing in line to pick up thier free stuff. All of these poeple seem to have internet and some sort of device to access it so they are not that bad off. What you never hear are the stories of what they have given to the less fortunate only why has nobody given them more.

How is any of this Walmarts responsibility? You don't have to work there. you don't like pay, go work for a mom and pop store and see what your pay and benefits are like there.

You are so full of shit!

There are just those in the 1% who are not assholes! They KNOW how to treat their employees and know they need to be taxed mores.

So, nice try fucktard!

Amazing how times have changed. I remember when people used to want to be rich or wealthy from actually working for it. Now they want it handed to them.

THE "ME" GENERATION WILL BE THE DOWNFALL OF YOUR COUNTRY!(and mine)

Never had to work for anything, just had it handed to them by mom and dad or the gov't.

Then they treat you like they are "doing you a favour" by just showing up for work, if they even do have a job!

Hard times are a comin' kiddies, and it will hurt you guys the most, because my gen. know what it feels like not to have anything!! (i mean nothing...no cell phone (OMG)!! or cable ..or a Flat screen!!) Just enough to eat for f*&%k sakes!!

SO GET A F"ING GRIP ON REALITY AND WORK FOR YOUR REWARDS!!

They don't pay taxes. Neither do any of the other ruling elite.

Walton's widow died in 2007. If they paid the estate taxes like all of the rest of us that would have broken up the Walmart empire.

Look the mentality that company owners shouldn't make any profit is ridiculous, but that doesn't mean one has to defend Walmart who are the kind of company that are destroying America. People should start buying local again and bankrupt these big vulture corporations. It will be hard at the beginning but it's the only way to start producing wealth again instead of funding the Chinese while America declines.

sam's club shoppers along with costco shoppers have the highest median salaries in the country out of any food retailers.

You should not be allowed to procreate and have a family if you are a walmart worker. The world doesn't need you and we are doing you a favor by even allowing you to live in the first place.

and before someone cries about how we need unskilled laborers... no we don't.

In 50 years they will be just about obsolete.

“You shall not covet your neighbor's house; you shall not covet your neighbor's wife, or his male servant, or his female servant, or his ox, or his donkey, or anything that is your neighbor's.”

What his heirs inherited belong to them, not you. To seek to take it away from them in any way, is coveting.

^That^!! X 1,000,000,000!

I love shopping at ChinaMart!

There very well could be plenty of companies out there that do pay their employees a better wage.

So why don't the Walmart employees go work for them?

Jealous much?

They provide a service that people want. Nobody makes anyone shop there.

Good idea!

But for the next 49 years we do need them right? your logic, not mine.

There is a cosmic light year between being a successful business person and choosing to pursue massive wealth despite the obvious negative effects it will have on communities, families and low income earners.

Why is it that my business partner and I can run our business successfully and still be responsible to our employees and our community?

You, and nearly everyone else on here, including Trinity, are throwing straw men at the argument. This isn't about attacking hard work, entrepreneurship and the entitlement to enjoy the rewards. It's about doing so in a way that is fair to all those in the community and in your employee pool without whom any of it would be possible.

Justifying Wal-Mart's vast wealth as somehow being honest and earned is a crock of shit. They have pulled every dirty trick in the book to amass such wealth, knowing for decades that their business practices are hurting Mom and Pop; the ones who are actually working hard to just have a small piece of that pie.

Capitalism may be great in an open and fair society, where business owners have enough morals to know when to back off and be responsible. This modern capitalism however, built on the idea of Corporate Entitlement is a right is no better than the socialist system you fear where lazy people have a right to Entitlements.

Why have the haters not answered this yet?

Don't manipulate my quotes.
ORIGINAL POST
Thread: To Match Walton Heirs' Fortune, You'd Need to Work at Walmart for 7 Million Years (Page 2)

So outside of quote hacking this is your argument?

Last Edited by IRQ_1 on 11/19/2012 09:16 PM

Walton heirs net worth is $115 billion.

Wal*Mart employs 2.2 million people worldwide.

That's $52,272 per employee.

Remember, that wealth was built over several decades.


Last year, Wal*Mart's profit was $15.699 billion.

That's $7,135 per employee on an annual basis. They could pay their people a little more, but not much.


Yes, the Walton family has an obscene amount of wealth, just like the Rockefellers, the Rothschilds, the Koch brothers, etc. That's how capitalism works.

Only thing you or I can do is decide whether or not to do business with Wal*Mart.

I still shop there.

TWINKIES FOR TRIN!!!
I get so tired of these ignorant do-gooder's that could not think their way out of a paper sack.
If you don't like the way a business does business - DON"T SPEND YOUR MONEY THERE! We are (or used to be) the largest consumer nation on earth, but we continue to be led off the cliff by a smiling sunshine face and the promise of a bargain!
I support my local business owners - and they appreciate it. It is a simple equation, spend your money close to home and it is more likely to find it's way back to you!
Quit bitching about it and do something - one dollar at a time.

WalMart has also made many thousands of people into millionaires.


Sam Walton was a decent man who still drove an old pick-up truck when he had a dozen stores.

The second generation Waltons have been brought up with money, and that's often a difficult predicament to overcome---almost a curse actually.

Work at Walmart for 7 Million Years OR be as enterprising as Sam Walton and those that followed. Or get an education or go to a trade school and do something that will earn you more than minimum wage.

No one is forcing the employees to work there.