Thursday, April 24, 2014
Open Blog 2
The group case study that I participated in this semester was the presentation on the
SNAP and Double Bucks Program. The research I conducted into the SNAP
program for our presentation really opened my eyes to some of the flaws
in the system and how it can be exploited and abused both by individuals
and by corporations. In particular I was shocked to learn how much of
the money from SNAP goes to profit large corporations and grocery store
chains.The video above was one I found extremely shocking as well as infuriating. To think that by simply raising their prices 1.4% Walmart could make enough profit to account for the losses they would experience if they were to pay each employee a living wage was a mind blowing to me. Furthermore, their increase in prices/wages would mean saving tax payers $300,000,000. 3,000,000! I think that if more people were aware how much of their tax money was just being funneled back into corporations like Walmart there may be more action taken to prohibit these types of things.
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this is one such issue that makes me so infuriated with Walmart....i just feel that one central part of their business model is to take advantage of the system. Similar to how women of color are often referred/stereotyped as "welfare queens"- well WALMART ends of being the supreme welfare queen because so much public assistance money gets spent there!
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