[Vision2020] Wal-Mart Supercenter Opposition

[Donovan Arnold]

Andreas,

I do not think you even know what you are talking about. None of your 
numbers check out. Your less than 14K a year is based on false assumptions 
as well. It assumes that the average employee is working 28 hours a week at 
$9.35, 52 weeks a year. This is what your number is based on. This is false. 
Sorry, but all your numbers are wrong, old, and based on assumptions of 
people throwing numbers about to make them mean what ever they want.

Take Care,

Donovan J Arnold


>From: Andreas Schou <ophite at gmail.com>
>Reply-To: Andreas Schou <ophite at gmail.com>
>To: "Storla, Robbie" <calebsomeone at yahoo.com>
>CC: vision2020 at moscow.com, Tom Hansen <thansen at moscow.com>,        Debbie 
>Gray <dgray at uidaho.edu>
>Subject: Re: [Vision2020] Wal-Mart Supercenter Opposition
>Date: Fri, 11 Mar 2005 13:07:17 -0800
>
> > being a current associate i have never seen this option or heard of it?  
>if
> > this is an option for associates and so much was raised wouldnt you 
>think
> > that i would have been told about this option?
>
>I need to do some more looking into this. Slate Magazine is usually
>quite accurate, but the numbers Wal-Mart itself releases paint a
>different picture. There appears to be some sort of corporate match to
>associate donations; according to Walmart's report last year, they
>received $238m in total donations, $70m of which came from associates,
>and disbursed $190m.
>
>Doing some back-of-the envelope calculations based on Walmart's $288b
>yearly receipts and their median employee income of $14,000 per year,
>some interesting figures emerge. Wal-Mart's yearly contribution
>constitutes %0.0002 of their yearly gross. On the other hand, Walmart
>employee of median income (or $14,000 per year, or $2,000 under the
>federal definition of poverty for a family of three) donates %0.005 of
>their gross income to the Wal-Mart Foundation, or 25 times, on a
>relative scale, what the corporation itself donates.
>
>-- ACS
>
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