Starting Jan. 1, Wal-Mart told The Associated Press that it will no longer offer health insurance to employees who work less than an average of 30 hours a week..."We had to make some tough decisions," Sally Wellborn, Wal-Mart's senior vice president of benefits, told The Associated Press."Wellborn"? Only somewhat ironic, certainly poetic.
The six Waltons on Forbes’ list of wealthiest Americans have a net worth of $144.7 billion. This fiscal year three Waltons—Rob, Jim, and Alice (and the various entities that they control)—will receive an estimated $3.1 billion in Walmart dividends from their majority stake in the company. The Waltons aren’t just the face of the 1%; they’re the face of the 0.000001%. The Waltons have more wealth than 42% of American families combined."Tough decisions" indeed. "Do we make $3 billion more each this year? Of merely $2.75 billion? Let's go with the former, it's not like poor people need health insurance!" [cross-posted at Firedoglake]