Corporate hypocrisy

Walmart is one of the creepiest firms in the US (and one of Wall Street’s favourites). It pays its employees so little that many of them are eligible for food stamps. And, as part of its ‘human resources’ services, it even provides help desks which advise employees on how to claim for this kind of welfare. Now, according to this week’s Economist, the company’s Chief Executive has said that “Congress should consider increasing the minimum wage.” The thought that Walmart might increase its employees’ minimum wage without troubling Congress doesn’t seem to have occurred to him.