Wal-Mart a progressive welfare program?
Okay, sometimes I think I'm nervy when I develop a (heartfelt) talking point, but Sebastian Mallaby takes the cake arguing that by suppressing prices Wal-Mart keeps them low enough for the poor to afford them. And that's progressive because it helps the poor!
Watch in the piece where Mallaby admits that Wal-Mart's suppression of wages may extend all the way to China but that these "Chinese garment workers are mainly migrants from farms, where earnings are even worse than at Wal-Mart's subcontractors and where the labor is still more grueling."
Welcome to the New Normal, Mallaby, where it's progressive to be a little less than horrible.
Throw us a bone there, Wal-Mart, God bless ya, Wal-Mart. And a fine Christmas to you too, Wal-Mart.
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