Tuesday, March 1

Legislate of Course

At least this author doesn't blame Wal-Mart as the source of all evils and traces it's success appropriately to the constant consumer drive for lower prices. Additionally, he is up front enough to acknowledge that gov't regulations to raise wages must increase the price we pay at the cash register.

What he doesn't understand is that the economy is not a zero sum game. I don't think it ever occurred to him that it is possible to increase wages AND decrease the price we get for our products, and the best way to keep this from happening is to stick a dirty government finger into the equation. The exact opposite of his solution.

He says that low-paying wages have gone down. Is that Wal-Mart's fault? The average wage of for Wal-Mart workers that he cites at $9.68 an hour was better than the $6 an hour that I got working for the grocery store that Wal-Mart pushed out of our town.

Couldn't Wal-Mart be increasing the wages of people working in small towns and decreasing their prices? I don't have the stats but from personal experience I can see it being true.