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Walmart's $23 million a year CEO says it can't compete with "lucrative" government health care programsWal-Mart can't compete with with the medicaid programs offered by some states. That's according to CEO Lee Scott, when asked at this week's Wal-Mart media conference in Bentonville, Arkansas why in 11 out of 12 states where studies have been done, Wal-Mart employees lead-in state run Medicaid programs. [Blank1]: We didn't think he would actually say what he did, which was quote-on-quote, the public program in some states may actually be of better value then Wal-Mart's program. Paul Blank is a spokesperson for "wakeupWalMart.com" a website started by the United Food and Commercial Workers union. He flew to Bentonville to promote the website to reporter's gathered for the media conference. He says he was shocked to hear Scott say the world's largest retailer couldn't compete with state health programs. [Blank2]: He thinks that we should pay for their healthcare plans so that he can continue to make his $23 million dollar salary. As opposed to Wal-Mart standing up and doing the right thing for it's workers - and now it's not just the workers, it's all of society. |
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