by Stephen of the Thinkery
Update: Dammit, I don't know how I got my math so wrong. Corrections in italics.
Update II: I had a strong temptation to just delete the whole thing, but if I'm not here to embarrass myself in front of all of you, what am I here for?
As a staunch Wal-mart critic - friends always make sure to justify any trips they make to there - it's encouraging to hear that Wal-mart was the top corporate donor for 2006, giving $272.9 million, most of it as cash. I suppose it's time to rethink some opinions about Wal-mart.
Ha ha. Just kidding, folks! No, let'stake a closer look at these numbers instead. The MSNBC articlehelpfully mentioned that Wal-mart had profits of $12.2 billion in 2006.So their charitable giving represents 2% of their profits. Does that still sound like so much?
