Thursday, January 30, 2014

Bernie Sanders: Should We Provide Welfare For Walmart?

Questioning a panel of experts during a Congressional hearing on income inequality, Sen. Bernie Sanders (I-VT) asked whether Walmart should be subsidized by taxpayers. The Walton family, which Sanders refers to as "the wealthiest family in America," pays inadequate wages to much of its staff, forcing them to rely on food stamps, Medicaid and public housing. Sanders proposed a rise in the minimum wage to help alleviate this situation. While three panelists excused Walmart's reliance on the public to provide food, health care and housing to its staff, former Clinton Labor Secretary Robert Reich called the arrangement “corporate welfare of the worst kind.” Watch:

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