Politics

Wal-Mart Can’t Compete (And Americans Lose)

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Ever wonder why Wal-Mart has more workers on Medicaid than any other corporation in America? According to CEO Lee Scott, why should the company provide basic health coverage for employees when, heck, the American taxpayer can pick it up?

Talking to reporters today, Scott explained Wal-Mart’s health care was so dismal that employees were better off living off of the state:

“There are government assistance programs out there that are so lucrative it’s hard to be competitive, and it’s expensive to be competitive.”