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August 22, 2006

Why Dems Hate Wal-Mart

It shouldn't surprise anyone that Dems like Joe Biden, Hillary Clinton, Evan Bayh, Joe Lieberman, and Ned Lamont are making a campaign theme out of bashing Wal-Mart — after all, to many it represents capitalism and mid-America, two things Dems' base bitterly hates. But as Caroline Baum suggests, they might want to look for some other boogeyman, because many voters will know that Wal-Mart does far more good than harm.

A study by Global Insight associates Wal-Mart's expansion during 1985-2004 with declines of 9.1% in food prices, 4.2% in goods prices, and 3.1% in consumer price index, which translates to a 0.17% reduction in the annual inflation rate.

Wal-Mart stimulates retail job creation. Over the study's 20-year period, it has created 210,000 jobs that would not have existed otherwise. Wal-Mart itself employs 1.3 million people, making it the country's largest private employer.

Some whine that Wal-Mart pays low wages, but in reality, it is the retail industry in general that pays low wages; as Global Insight states, "Wal-Mart does not appear to be paying below market wages." Due to Wal-Mart's depressant effect on inflation, real wages are 0.9% higher over the last 20 years than they would have been without Wal-Mart.

Liberals portray a job at Wal-Mart as hell on Earth. Yet when one opened in the Chicago area last January, 25,000 people applied for 325 jobs.

As Baum writes,

When Wal-Mart opens superstores in rural America, it brings jobs to the community. It provides goods as cheaply as possible to Americans who wouldn't otherwise have access to such a wide array of merchandise at rock-bottom prices. It even offers health-care plans for as little as $11 a month in some areas.

Dems' real gripe is that Wal-Mart has been able to grow so fast and offer such low prices because it has avoided unionization. This is further proof that unions may be great friends of Democratic politicians, but by driving up not only prices but unemployment, they are no friends of workers.

By the way, it's not only Americans who benefit from the Wal-Mart dragon the Democratic knights would like to slay with regulations. Michael Strong estimates that Wal-Mart could be bringing 38,000 Chinese out of poverty every month.

About 70% of the products sold at Wal-Mart are made in China, giving it direct access to the American market. The result is that Wal-Mart pulls about 460,000 Chinese per year out of poverty — probably more than all the pious NGOs in the world combined. Considering that government-to-government aid damages economies as often as it helps them, no one does more to combat poverty than Wal-Mart, including the World Bank.

No wonder libs hate Wal-Mart. Just as the Soviet Union proved that socialism doesn't work, Wal-Mart proves how well capitalism does.

walmart.jpg
Capitalism in action.

Posted by Van Helsing at August 22, 2006 1:21 PM

Comments

It is amusing to see all those liberals drive their Volvos and Lexuses and Subarus to protests and complain that Wal-Mart is bad for American workers.

Personally, I don't care for Wal-Mart, so my solution is that I shop somewhere else. I guess I lack the liberal gene that would compel me to impose my retail choices on everybody else.

Posted by: V the K at August 22, 2006 1:47 PM

I don't see how Democrats are forcing anyone to do anything. A lot of people oppose WalMart because it; destroys main street, small, family outfits, it does depress wages, has more people on welfare ( so the government ((read: you and me)) subsidises their business practices) than any other corporation except perhaps GoodWill, promotes a new class of Americans called "the working poor" and establishes a false cost of goods.
Plus it promotes what they call a "loss leader" which is the product that they get you in the store with. It probably isn't exactly what you want so you buy another like it but, see this is how they screw you, the rest of their merchandise isn't the lowest price. In fact WalMart has higher prices for most of their stuff than other retailers. They just make a big deal about the one or two items that behind the scene they bullied the manufacturer to provide at a low cost to them.
The manufacturers in order to compete move operations to China etc...
The reason people like me don't support Wal Mart is that it engages in a race to the bottom.

Posted by: left of middle american at August 22, 2006 4:24 PM

If wal-mart didn't sell things to people that they need at a good price, they would go out of business. plain and simple. that is capitalism 101.

if people were so hateful towards this company, they wouldn't be as successful as they are.

plain and simple, if ya dont wanna shop at walmart, then don't. go somewhere else. it's sad to see people try and gain political points by bashing a successful company.

and the same goes for the employees. they aren't forced to work there. if a person feels they aren't making what they should or aren't getting the health care or benefits they need, quit and go work at a mom and pop place and see what they offer you.

it's capitalism man, capitalism.

slavery was outlawed a loooong time ago pal.

Posted by: mm at August 22, 2006 6:33 PM

Another reason the Dems hate Wal-Mart is that it creates highly paid corporate executives... and we all know how liberals can't stand anyone to be wealthy and to make a lot of money.

That is unless of course the said wealthy person doesn't act wealthy and shows plenty of guilt at being wealthy. Then it is OK to be rich as long as they spend their wealth on a crusade to make sure nobody else is allowed to become wealthy (ala the Hollywood elite, rich democratic politicians, rock stars, etc).

Posted by: Thule at August 22, 2006 9:32 PM

Yeah, it's them goddamned moonbats and terrorists who buy their cellphones at Wal-Mart driving around complaining about the government spying on their phone conversations while they drive around talking to other terrorists on their cellphones they bought at Wal-Mart.

Yeah, then you got the fruitbat neocon republicans who willingly hand over all their rights to the government--because there's a war going on, you traitors(!)--but get all righteous and moralistic about wanting less government when someone wants to pass a law to take away their right to drive around talking on all the cellphones they bought at Wal-Mart while crashing into people and little old ladies and little kids--and little kittens and squirrels. Yeah, those republicans are real logical and real thoughtful. Yeah.

I got one question for you: You don't think terrorists watch MTV's MY SUPER SWEET SIXTEEN and see all these monstrously rich, super-spoiled American kids throwing hysterical fits over some trivial matter while planning their Sweet Sixteen parties? You and I can watch them berating their parents, humiliating their classmates, and in general appearing so self-centered that any self-respecting American--forget the terrorists--would want these kids taken off-planet immediately.

Dick Cheney and you dweebs might think the democrats encourage terrorism but it's really entities like MTV and shows like My Super Sweet Sixteen that sponsors terrorism. Dick Cheney and you neocon fruitbats should come clean and admit it. Nyuk nyuk. Peace. Think.

Posted by: Bloodstomper at August 22, 2006 10:09 PM

I don't see how Democrats are forcing anyone to do anything.

Democrat-run city governments in southern California and Washington DC have refused to allow Wal-Marts to open there. Not only denying jobs to hundreds of inner-city residents, but also ensuring that the poor will continue to be gouged and sold low-quality goods by the "mom and pop" stores in those low-income communities

Posted by: V the K at August 23, 2006 11:41 AM

A lot of people oppose WalMart because it; destroys main street, small, family outfits

So it's Wal-Mart's fault when a business can't compete? A mom-and-pop store charges more, has a faulty business model, and it's Wal-Mart's fault? We should all pay MORE for products in order to keep mom-and-pop stores in business?? If you want to, that's fine. Free country.

it does depress wages, has more people on welfare ( so the government ((read: you and me)) subsidises their business practices)

Those evil corporate bastards, giving people jobs! Why, the unmitigated GALL of them! Next thing you know, Wal-Mart will pay people above minimum wage. (silence...) Oh, wait, they already DO!

Then Wal-Mart must be forcing people to work there! My God, I thought slavery was illegal!

promotes a new class of Americans called "the working poor"

In other words, if a person doesn't invest in himself/herself or his/her job skills, then it is Wal-Mart's fault? If you think Wal-Mart doesn't pay enough, then go work somewhere else! If enough people thought working for WM sucked, they wouldn't do it, in which case WM would have to do things to make working there more appealing: higher pay, better bennies, etc. But because people DO work there and in large numbers, there is clearly no belief that it sucks to work there.

...and establishes a false cost of goods.

That has to be the stupidest of all of your points, and believe me, they were DAMNED stupid points! There is NO such thing as a "false cost of goods", Marx Boy. There is only a cost of goods, and people will either pay it or they will not. If people don't pay for a vendor's goods, then then vendor must lower prices to entice someone to buy their goods, or they continue not selling the goods. WM charges less for most goods than other places, HENCE their success!

If WM does have a "false cost of goods", then your recommendation is that they RAISE their prices? I'm glad YOU don't run that business!

In fact WalMart has higher prices for most of their stuff than other retailers.

Right...which is why the ignorant masses shop there! We just LOVE spending more money on products we can get for cheaper somewhere else. This statement of yours is either based on gross ignorance or outright deception...so which is it?

MM is right: If Wal-Mart didn't sell things to people that they need and at a good price, they would go out of business. Period. That is indeed capitalism 101, and whether you lefties like it or not, we ARE STILL a capitalist country.

You are truly an economic ignoramus, Leftie. If you grasped capitalism better, you may actually have had enough money to purchase a life.

Posted by: Jonathan L. at August 23, 2006 12:52 PM