Thread: Sam Walton's 6 son's worth more than bottom 30% combined

Six Waltons Have More Wealth Than the Bottom 30 % of Americans - Yahoo! News

The 6 sons of Sam Walton (Wal-Mart) are worth more than the bottom 30% of Americans combined. They have more money than 100,000,000 Americans combined.

Yet Obama and Republicans agreed that isn't enough.

I recall Michelle Obama congratulating Wal-Mart and President Obama agreeing that Walton son's just couldn't afford the health care law for their Wal-Mart employees so gave them an exemption. Republicans, of course, believe the Walton's pay too much for taxes already.

How awesome that, in this country, it is possible to be so overwhelmingly successful, and that you can pass on some of your success to your kids.

Originally Posted by joko104

Six Waltons Have More Wealth Than the Bottom 30 % of Americans - Yahoo! News

The 6 sons of Sam Walton (Wal-Mart) are worth more than the bottom 30% of Americans combined. They have more money than 100,000,000 Americans combined.

Yet Obama and Republicans agreed that isn't enough.

I recall Michelle Obama congratulating Wal-Mart and President Obama agreeing that Walton son's just couldn't afford the health care law for their Wal-Mart employees so gave them an exemption. Republicans, of course, believe the Walton's pay too much for taxes already.

I imagine you didn't actually read the article.

The author of the quote has more net worth than 25% of all Americans because 24% of all Americans are under 18.

Originally Posted by Meathead

I imagine you didn't actually read the article.

Why actually bothering to read the article and realize it makes your own OP look pretty stupid when you can simply toss it out there as a headline and then make a completely unconnected and false follow on comment?

Originally Posted by VanceMack

Why actually bothering to read the article and realize it makes your own OP look pretty stupid when you can simply toss it out there as a headline and then make a completely unconnected and false follow on comment?

I think we should be disturbed by the dumbing down of Americans. Too many people are easily manipulated by flimsy arguments based on convoluted statistics, especially as regards the income inequality issue.

Originally Posted by X Factor

How awesome that, in this country, it is possible to be so overwhelmingly successful, and that you can pass on some of your success to your kids.

How about passing on some of that success to the people who helped you achieve it? Like, your employees?

Originally Posted by Meathead

I think we should be disturbed by the dumbing down of Americans. Too many people are easily manipulated by flimsy arguments based on convoluted statistics, especially as regards the income inequality issue.

The really sad part to me is that there was a time when people were INSPIRED by the success of Sam Walton and would teach their children to work hard and succeed. Today we have a whiner class that is really really really sad about how unfair life is.

Originally Posted by ChuckBerry

How about passing on some of that success to the people who helped you achieve it? Like, your employees?

WalMart employs a few million unskilled and under-educated people across the planet. Its so unfair, maybe someone else should provide better opportunities for them.

In a nation like the USA which operates as a Constitutional democratic republic (and please spare me the lectures aout what it was like in 1787) a trend such as this is dangerous and a threat to the long term social and political health of the nation. It will hopefully spur a national discussion of the issues central to it - namely the trend in America for two very different and radically economically different societies.