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Friday, March 11, 2005
Daniel Akst Still Dumb as a Doorknob
Some of the most idiotic stuff I've ever read comes from Daniel Akst, as I've noted years ago. Now he's telling us Wal-Mart really takes from the rich and gives to the poor! Equally astute is his analysis of the situation of Wal-Mart's underpaid workers:It's tempting to say that some of the benefits to shoppers come at the expense of Wal-Mart's roughly 1.2 million employees, but it's a tough case to make. Many Wal-Mart employees presumably can't get better jobs; if they could, they would. By continuing to work at the chain, they are showing that they prefer the jobs they have to no jobs at all. If Wal-Mart vanished, in fact, they would be in big trouble indeed.Reminds me of Larry Elder. I heard Elder telling a caller that workers don't need labor unions because it's in the interests of the corporations to treat them well!
Jack Clark 10:12 PM [+]
Post #111060796839088286
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