Over the weekend, Salinas Valley community supporters joined Walmart workers at a demonstration in front of the Laguna Seca Raceway in California during the annual Monterey Motorsports Reunion. The demonstration took place while Walmart Board Chair, and heir to the Walton family fortune, Rob Walton raced two of his multimillion dollar racecars worth more than $16 million. The purpose of the protest was to bring attention to the disturbing fact as well as the reality that Rob Walton and his familyengage in lavish and expensive hobbies while the family increases its wealth by pushing certain Walmart worker costs onto taxpayers.
“Last year, it took Rob just a second to wreck a rare 15 million dollar vintage car, but it would take 194 years for a Walmart employee working around the clock to earn 1 million dollars,” said Raymond Bravo, a member of OUR Walmart who was recently illegally fired from his job at Walmart for speaking out and going on strike. Raymond, who participated in the demonstration, told the Monterey County Herald that while he worked at Walmart earning a poverty wage he was “living on Top Ramen and fast food.”
Despite their enormous wealth, Rob Walton and Walmart rely on taxpayers to subsidize their low-road, low-wage approach to business. Rob and the Walton family, who control the world’s largest private employer, have more wealth than the bottom 42% of American families combined. The Walton wealth according to a recent government report is subsidized in part by taxpayers. The report issued in June describes how on average a single Walmart store costs taxpayers nearly $1 million in various government subsidies including food and rental assistance provided to Walmart workers to supplement the company’s poverty wages.
Post by Jorge Amaro.