AMAZON EMPLOYEES RELY ON FOOD STAMPS

in #politics7 years ago

In Arizona, new data suggests that one in three of the company’s own employees depend on SNAP to put food on the table. In Pennsylvania and Ohio, the figure appears to be around one in 10. Overall, of five states that responded to a public records request for a list of their top employers of SNAP recipients, Amazon cracked the top 20 in four.

More info in the article
https://theintercept.com/2018/04/19/amazon-snap-subsidies-warehousing-wages/

My thoughts on this news

Another example of the slowly failing economy we are living in. As technology improves along with the increase in the population the economic condition we live in will not create enough jobs for everyone who needs a job. So that creates a huge labor pool for the wealthy to choose from and it also allows them to pay as little as possible for that labor because more and more people are competing for the same jobs. So now corporations who are making record profits and are getting tax cuts do not even pay their workers a living wage and they have to get government assistance just so they can pay for their monthly expenses. What most people do not understand is that this is an economy that is on a path to its own self destruction. As more and more people are making less and less money, less money is being spent back into the economy, while the wealthy keep getting more and more and wealth inequality continues to increase. Eventually the majority of the population will be poor and the people who have the most money will no longer be creating jobs because there will be no more return on investment. Why would you spend money to open a business/create a job when the majority of people don't have money to spend...

Sort:  

This post has received a 0.65 % upvote from @speedvoter thanks to: @suffragator.

You got a 3.44% upvote from @dailyupvotes courtesy of @suffragator!

Please upvote this comment to support the service.

Coin Marketplace

STEEM 0.26
TRX 0.20
JST 0.038
BTC 96689.25
ETH 3594.86
USDT 1.00
SBD 3.92