By "Competitive" We Mean "Wealthy"

This week, the Economic Policy Institute (EPI) released a report concluding that WalMart, the nation's largest employer and most profitable company could give each of their hourly workers a $2,000/year raise without affecting its prices and while maintaining a profit margin 50% higher than its closest competitor. Another study indicates that Walmart could give each of its workers a dollar an hour raise ft it raised prices by only a half penny for each retail dollar. These studies contradict Walmart's oft stated claim that it must pay workers sub poverty level wages in order to maintain its competitiveness. While WalMart ould not comment on the studies, sources inside the company indicate that Hal Stacker of Bentonville, AK won the company pool on "How long before people figure out WalMart is just plain greedy."