To: radicalamericannationalist
I believe you. So, what's the cure? Ban Wal Mart, or examine our welfare system?
Let's say it's hard to pay the rent in your town on a Wal Mart paycheck. It is Wal Mart's fault, or is it more likely that local regulations keep the housing market artificailly tight?
And waht about the luxuries of life? What do you say about making it possible for people earning $10 per hour to afford 27" LCD televisions? When government isn't in the equation, it all works out quite well.
116 posted on
01/30/2005 8:31:10 AM PST by
eno_
(Freedom Lite, it's almost worth defending.)
To: eno_
"What do you say about making it possible for people earning $10 per hour to afford 27" LCD televisions?"
First, can they afford it or do they put it on the credit card, contributing to the record high debt level the American consumer is currently piling up?
Secondly, my point is that that TV is not that cheap when you factor the extra taxes that are paid as a result of WAl-Mart employees being subsidized by the state.
The solution? Part of it is our trade policy. So long as we are blase about our manufacturing sector being shipped over seas, there is little that can be done.
I think in the end, the real solution is going to have to be cultural and not political. Henry Ford paid his workers generous wages not because he was acting philanthropically but because he knew that well paid workers were more productive and could buy his own product. Today, I fear that we have an executive culture that puts short term pops in the stock price above long term sustainability and the interest of the community and nation.
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