A valid reason to despise Walmart
July 3rd, 2009 | by Brian Schwartz |Walmart certainly has some admirable qualities (see these articles). But Wal-mart’s self-serving position on health care is disgraceful: “Wal-Mart Stores Inc. said Tuesday that it supports legislation that would require large companies to offer health insurance to their workers,” reports the Denver Post. See also the USA Today. Why would they support such terrible legislation? Michael Cannon of the Cato Institute explains:
An employer mandate that requires both retail giants to spend $9,000 per worker would have no effect on Wal-Mart. But it would cripple one of Wal-Mart’s chief competitors. …
Wal-Mart has gone native. That great symbol of the benefits of free-market competition now joins its erstwhile enemies among the legions of rent-seeking weasels who would rather run to government for protection than earn their keep by making people’s lives better.
Read his post here. Also see the post at Reason magazine.
(via Health Care BS)
tags: employer mandate, Wal-mart
