“Imagine a private group that pays billions in
taxes, creates millions of jobs and sells things at ultra-low prices. Too good
to be true? It’s called
Wal-Mart—and Democrats, for some
reason, want to kill it off... This is all part of a recent trend among
Democratic politicians using Wal-Mart as a foil to ingratiate themselves with
middle-class voters. This may be good politics. We don’t know. But those who
participate in such Wal-Mart-bashing reveal themselves to be economic
illiterates of the most dangerous sort... A study by economic consultant Global
Insight found that, from 1985 to 2004, Wal-Mart slashed food-at-home prices by
9.1%, goods prices by 4.2% and overall consumer prices by 3.1%. If those cuts
don’t sound huge, consider that, all told, they saved mostly poor and
middle-class consumers $263 billion—or $895 per person and $2,329 per household.
By now, of course, it’s become obvious that Democrats aren’t so much
anti-Wal-Mart as they are pro-organized labor... Yet despite unions’ widely
disseminated claims, the wages that Wal-Mart pays its employees are competitive.
In 2004, Global Insight found that the average wage nationwide for jobs
equivalent to Wal-Mart’s was $8.46 an hour. Wal-Mart paid $9.17. Put bluntly,
the war against Wal-Mart Stores is a war against the poor, and it’s shocking to
watch a major political party carry it out... A Zogby Poll...found that 85% of
frequent Wal-Mart shoppers pulled the lever for President Bush in 2004, and that
88% of people who never shop there voted for John Kerry. Maybe the split in this
country isn’t so much red state versus blue, but Wal-Mart vs. non-Wal-Mart. And
since 20% of Americans are Wal-Mart shoppers, Democrats might think twice before
alienating them any more than they have so far.” —Investor’s Business Daily