|Hit & Run||0|
**Posted by Phineas
Retail giant Walmart has in recent years moved into the grocery business, bringing its famous pricing power to fruits, vegetables and meats. Good for the consumer, right? You betcha, but some people aren’t happy. Smaller grocery retailers are upset, because they feel they can’t compete. Unions are mad because Walmart isn’t unionized. And Democratic politicians are angry because… well, because their union backers told them to.
Reason.tv takes a dispassionate look at the politics and economics surrounding Walmart’s controversial entry into the New York City and Washington, D.C., areas and asks “Why do they hate cheap groceries?”
Walmart’s no angel(1), but, in hard economic times, you’d think politicians and labor leaders would be interested in anything that lowers food prices and creates jobs.
That is, if they truly cared about the average person.
(1) They’ve been caught benefiting from illegal alien labor and supported ObamaCare because they knew they could handle the added expense better than their competition. In other words, they wanted to game the system to rig the free market.
(Crossposted at Public Secrets)