Tuesday, March 25, 2014

Assistance for Wal-Mart

Liberals fuss about Wal-Mart employees needing to use state benefits since the salaries are too low, in their opinion.
Turns out Wal-Mart depends on food stamps for more than helping employees.
Food stamp purchases help their shareholders.
There are oodles of things Wal-Mart is fearful of, from Fed interest-rate policy to climate change, but here’s the specific language on benefits: “changes in the amount of payments made under the Supplement Nutrition Assistance Plan and other public assistance plans (and) changes in the eligibility requirements of public assistance plans.” (Yes, Wal-Mart’s lawyers got the name of the program wrong — it’s the Supplemental Nutrition Assistance Program.)
The latter language could reflect both the change in the food-stamp program as well as the ongoing debate over whether Congress should renew extended jobless benefits that lapsed at the end of December.
If you like these government programs, you're helping Wal-Mart make money.

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