Something Smells Fishy About Walmart's 'Neutral' Stance On The Minimum Wage

Something Smells Fishy About Walmart's 'Neutral' Stance On The Minimum Wage
SAN LORENZO, CA - FEBRUARY 20: A sign is posted outside of a Wal-Mart store on February 20, 2014 in San Lorenzo, California. Wal-Mart reporterd a 21 percent decline in fourth quarter earnings with profits of $4.4 billion or $1.36 a share compared to $5.6 billion, or $1.67 per share one year ago. (Photo by Justin Sullivan/Getty Images)
SAN LORENZO, CA - FEBRUARY 20: A sign is posted outside of a Wal-Mart store on February 20, 2014 in San Lorenzo, California. Wal-Mart reporterd a 21 percent decline in fourth quarter earnings with profits of $4.4 billion or $1.36 a share compared to $5.6 billion, or $1.67 per share one year ago. (Photo by Justin Sullivan/Getty Images)

A couple of days ago, Wal-Mart started talking about how it might be open to the idea of supporting an increase in the federal minimum wage -- splitting from its industry associations, which vociferously oppose it. On Thursday, the company denied that it had taken a side, saying that it remained officially "neutral."

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