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Politics : Politics for Pros- moderated
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From: LindyBill12/1/2005 7:14:12 PM
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Sad Day
Cafe Hayek
By Russell Roberts on Wal-Mart

We have a lot of work to do. More than half of those polled in a Zogby International poll think Wal-Mart is bad for America. Reuters reports:

Some 56 percent of U.S. consumers think Wal-Mart Stores Inc. is bad for America, according to a Zogby International poll released on Thursday by one of the retailer's most vocal critics.

The national poll -- commissioned by WakeUpWalMart.com, a union-funded group that has been pressuring Wal-Mart to raise employee wages and benefits -- surveyed 1,012 randomly chosen adults on their attitudes toward the world biggest retailer.

Respondents were asked to choose which of two statements more closely fit their personal opinions.

The majority, or 56 percent, picked: "I believe that Wal-Mart is bad for America. It may provide low prices, but these prices come with a high moral and economic cost for consumers." Thirty-nine percent agreed that "Wal-Mart is good for America. It provides low prices and saves consumers money every day."

My hat is off to the unions and Wal-Mart's competitors. Through a relentless media campaign, they have achieved something I would have thought nearly impossible. They have managed to convince a majority of Americans (assuming the poll is well done) that a company that has lowered prices throughout the retail sector, employs a million people and that has created tremendous wealth through the innovative use of technology is actually a bad thing. Lenin must be laughing in his grave. Bastiat and the rest of us can only cry.
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