Thursday, June 11, 2009

Obama Will Meet with Terror Sponsor but Won't Meet with Wal-Mart

Jay P. Greene talks about the Wal-Mart shareholder's meeting.

I have to admit, I have never understood why Wal-Mart is so vilified. It is objectively true that Wal-Mart saves people money on a micro-scale and the economy as a whole on the macro scale.

Isn't that a good thing?

When Wal-Mart announces its earnings in July, you can bet they will make some serious cash and everyone will go absolutely nuts. And I don't know why.

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