Friday, March 19, 2010

The Wal Mart Effect

Spending on clothing and shoes falls below 3% of income for the first time. The primary beneficiary of capitalist competition is the consumer. And the consumers that benefit the most are lower income. That must be why Democrats seek to restrict capitalist competition with regulation, zoning and taxes at every turn. It's THEIR job to help the poor and they don't appreciate Wal Mart horning in.

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