November 24, 2012
Walmart Is The Corporate Embodiment Of America’s Growing Inequality
I have a secret to reveal. I used to regularly shop at Walmart. I live in the outer stretches of Philadelphia’s western suburbs, and Walmart happened to be the closest place to go food shopping. I was never enthusiastic about shopping at Walmart, and as my social and political views evolved, I grew even more uneasy with contributing my money to a company in opposition to my values. So nearly three years ago I stopped food shopping at Walmart, and in fact, I don’t think I’ve stepped foot inside a Walmart since then.
• • •
On Friday Standard & Poor’s lowered the AAA credit rating of the United States. The new credit rating is now AA+ and it marks the first time in history that the U.S. has had its credit rating lowered. It probably doesn’t even need mention that this will serve as political ammunition for opponents to President Obama. It will be beside the point that the Republicans use of the debt ceiling for political advantage is the only reason the United States came precariously close to a first ever default on its financial obligations.