"[Wal-Mart] has been one of the most effective anti-poverty programs in American history because it does lower prices, and the people who are the most frequent shoppers tend to be lower- to middle-income workers...Is Wal-Mart bad for unions? It's horrible for unions. But is it good for most Americans? Unquestionably, yes."-Economist Stephen Moore, in an interview with Cybercast News Service, reacting to a new Global Insight study that reports Wal-Mart saves American families an average of $2,500 a year, up 7.3 percent from 2004 and the predictable negative nattering from the union-funded anti-Wal-Mart groups.
HT: Mike
No comments:
Post a Comment