Wednesday, July 18, 2012

Walmart Heirs Have As Much Wealth As Bottom 40 Percent Of Americans Combined

Walmart Heirs Have As Much Wealth As Bottom 40 Percent Of Americans Combined:

Last year, Sylvia Allegretto, a labor economist at the Center on Wage and Employment Dynamics, found that as of 2007, the Walton family — heirs to the Walmart fortune — had a net worth equal to that of the bottom 30 percent of Americans. And due to the effects of the Great Recession that ratio [...]/p "If history is violence and sex, I'd rather not pay my respects.

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