The Walmart Stimulus Plan
I was looking back through past George Will opinion pieces and came across this one. He states a few facts that, on their own, are astonishing. However, when you think about them in context to the stimuless plans offered by government, it makes you realize just how impressive private enterprises such as WalMart are. And how important they are to the operation of our economy.
Now, as you read his article, understand that he uses the term ‘liberal’ incorrectly. He may be smart and well educated but he’s only human. (As I will discuss in a future blog, the term has been stolen from us, the true liberals).
For me, the astonishment comes from the two numbers he states in the article. US productivity growth would have been 13% less in the second half of the 1990′s if it wasn’t for WalMart. And, WalMart’s everyday low pricing has a more stimulative effect on the economy than most of the government programs currently in place.
And they make money offering all these goodies!!! Last time I checked, the government can’t balance its own budget, is filled with fraud, waste, and corruption. And can only assist some by impeding on the rights of others.
Maybe a more stimulative program for the government to follow would be to lower the barriers to progress (letting WalMart provide it’s services to more people) rather than attempting to protect its legacies (i.e. the failed policies of the New Deal and LBJ’s Great Society).
