Thursday, February 23, 2006

"Should Wal-Mart Reduce Wages?"

With the seeming success of the socialists in Maryland versus that huge and poor corporate citizen Wal-Mart, other states have started to pile on in the battle to cripple the retailer. What is good for the socialists in Maryland has got to be good for socialists in other states too. Except, predictably, the other states seeing a possible windfall here, feel that Maryland didn't go far enough in its extortion.

Writing in Townhall today, Alan Reynolds considers what the results of governmental meddling will be in the private sector. He doesn't think it is good for the workers or consumers in the state -- particularly the ones that lose their jobs or face pay-cuts to reduce payroll to meet the regulations.

Previous posts on Maryland's attack on Wal-Mart here and here.

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