Roll out the red, white and blue-state bunting!
Wal-Mart Sees 1st Profit Drop in 10 Yrs.
Woo-hoo! Down with big-box stores! Up with the minimum wage! Yahoo!
Blog by reformed leftist "Paul Hue", and his friends, including some UnReformed Leftists; the headlines reflect these competing views.
5 comments:
A little side-story here about the minimum wage;
My hyprocrite sister-in-law Jennifer made a comment recently about that "b*stard Bush" won't even sign the law to increase minimum wage. This comment from the same person who a few years ago started her own company designing, manufacturing and marketing her own line of baby and toddlers clothing.
Take a guess where the little princess's clothing is made?...
(Jeopardy theme music playing)
What is China, Alex?
Correct!
Hypocritical little snot.
Six: All these folks are hypocrits. They boycott Walmart, but enjoy Walmart's price influence at competing stores, always shop for the lowest prices, and fail to appreciate that these low prices help people with low incomes; they are the primary shoppers at Walmart, which is a reason why people in this income range have more buying power than ever before.
I don't shop at Walmart because its atmosphere creeps me out. For one thing, the shoppers seem to be the lowest class people, simply in terms of conduct: flipflops, rudeness, parking in handicapped spaces then skipping into the store, etc. Also, the places seem dingy to me.
I don't mind paying a little more (if I actually am) for a brighter ambiance. My area has a Meijer and a Walmart; I always pick Meijer, and don't even know if I'm saving money. Perhaps this is the reason Walmart if flubbing: consumers avoiding its overall grimey condition. I doubt that the phylisophical leftists practice their preaching enough in daily choices to impact Walmart's bottom line (except in voting to exclude Walmarts from economically desperate areas, or for boosted minimum wages).
Banning the evil "Big Boxes" means that low income people have less purchasing power; increasing minimum wages increases entry-level employment requirements. Remember, socialism promises perfection, but always delivers in practice less than the best that capitalism does.
As William F. Buckley once said:
"The trouble with socialism is socialism. The trouble with capitalism is capitalists."
Nice observation. Socialism is inherently poor economic policy; capitalism is the best possible (a consequence of freedom itself, and natural law), but its implimenters are not immune to bad choices, such as curruption.
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