Warm Southern Breeze

"… there is no such thing as nothing."

Posts Tagged ‘corporate profits’

The Chinese Own Smithfield, And Germans Own Krispy Kreme. Which American Corporation Will Sell Out Next??

Posted by Warm Southern Breeze on Friday, January 29, 2021

So… today, this morning, I spent about $10 with Krispy Kreme.

If you’re a Southerner reading this, you know what that means.

If you’re not a Southerner, or are otherwise uninformed, Krispy Kreme is the North Carolina-heeadquartered company that has for years made the most delightfully light, fluffy, airy doughnuts.

They’re NOT at all like Dunkin’ Doughnuts, which are heavy, doughy, bread-cake like doughnuts. There is NO comparison whatsoever.

It’s like the difference between a Model-T, and a F1. Even though they’re both cars, they’re worlds apart.

But what I wanted to focus upon is a portion of the brief, pleasant exchange I had with the clerk in the store.

I had decided to stop in as I was returning home from taking Queenie to the veterinarian’s office for ACL surgery today. As I was nearing the area, the thought “doughnuts” occurred to me, and I knew the KK was nearby. As I drew closer, another thought occurred to me: The locally-owned-and-hometown-operated doughnut shop a little further down the road.

Not wanting to drive any further, even though it wasn’t far, per se, I opted for the nearest shop, which was the KK.

Even though I’m not a “shopaholic,” nor adherent, nor promoter of “retail therapy,” I’m fortunate to live in an area that’s conveniently located to many different shops and retailers. Some folks have to drive quite a distance to do so almost anything, whereas I do not. So, I count my blessings, in a manner of speaking.

I had donned a facemask before I walked in, looked around briefly – I was the only customer present – and Read the rest of this entry »

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We Can Do Better

Posted by Warm Southern Breeze on Wednesday, November 25, 2020

Dorothea Lange. “Nipomo, Calif. March 1936. Migrant agricultural worker’s family.
Seven hungry children and their mother, aged 32. The father is a native Californian.” Gelatin silver print, 7 3/8 × 9 5/16″ (18.8 × 23.6cm). Farm Security Administration–Office of War Information Photograph Collection, Library of Congress

Hourly Wages
Dollar General: $8
Kroger: $10
Walmart: $11
CVS: $11
Home Depot: $11
Lowe’s: $12

2020 Profits
Dollar General: $1.4 billion
Kroger: $2 billion
Walmart: $15.6 billion
CVS: $6.2 billion
Home Depot: $10 billion
Lowe’s: $4.9 billion

U.S. workers need at least $15/hr and a union.

Per capita health care spending:
Norway: $6,647
United States: $11,072

Number of uninsured/under-insured:
Norway: 0
United States: 92 million

COVID-19 deaths:
Norway (population 5.3 million): 306
Louisiana (population 4.6 million): 6,260

Yes. It is time for Medicare for All.


https://www.WashingtonPost.com/business/2020/11/18/food-stamps-medicaid-mcdonalds-walmart-bernie-sanders/

Federal Study: Millions of Full-Time Workers Rely on Federal Health Care and Food Assistance Programs – Walmart’s and McDonald’s Employees Lead the Way

by Eli Rosenberg
November 18, 2020 at 5:02 p.m. CST

Some of the biggest and most profitable companies in the United States, including Walmart and McDonald’s, pay their employees such low wages that significant numbers of them must turn to Federal food and medical assistance.

According to a new report from the Government Accountability Office, a nonpartisan Congressional watchdog agency, made at the behest of Sen. Bernie Sanders (I-Vermont) there is a direct relationship between employers paying low wages and employees receiving the Federal assistance. The report examined February data from agencies in 11 states that administer the Federal programs Medicaid, and the Supplemental Nutrition Assistance Program (SNAP).

Walmart was one of the top four employers of SNAP and Medicaid beneficiaries in every state. McDonald’s was in the top 5 of employers with employees receiving federal benefits in at least 9 states.

The GAO research found that in the 9 states that responded about SNAP benefits — Arkansas, Georgia, Indiana, Maine, Massachusetts, Nebraska, North Carolina, Tennessee and Washington — Walmart was found to have employed about 14,500 people who were receiving benefits, followed by McDonald’s with 8,780. In six states that reported Medicaid enrollees, Walmart again topped the list, with 10,350 employees, followed by McDonald’s with 4,600.

In Georgia, for example, Walmart employed an estimated 3,959 workers who were on Medicaid — comprising an estimated 2.1% of the total of non-elderly, non-disabled people in the state who were receiving the benefit. McDonald’s was next on the list, employing 1,480 who received Medicaid, or 0.8% of the total of non-elderly, non-disabled people on the program.

In Oklahoma, 1,059 Walmart workers on Medicaid made up 2.8% of the state’s total, and McDonald’s was next, with 536 workers, or 1.4%.

In Arkansas, where Walmart was founded and maintains its global headquarters, 1,318 employees were receiving SNAP benefits — comprising 3.1% of the state’s total. McDonald’s was next on the list with 865 workers, which made for 2% of the state’s total.  And in Georgia, another 3% of SNAP recipients worked for Walmart.

The GAO report found that the next companies with large numbers of workers receiving federal benefits included Dollar Tree, Dollar General, Amazon, Burger King and FedEx. (Amazon Chief Executive Jeff Bezos owns The Washington Post.)

In a statement by McDonald’s spokeswoman Morgan O’Marra, the company claimed Read the rest of this entry »

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