More on Wal-mart
Posted by Dr. Roy Cordato at 4:02 PM
A friend of mine who is an economics professor in a local university recently told me of a great encounter he recently had with some "Chapel Hill" liberals. He was at a dinner party and the conversation turned to Wal-Mart. After a period of Wal-Mart bashing by the liberals they turned to my friend, who had chosen to remain silent during the conversation, and asked him, as a supporter of free markets, what he thought of Wal-Mart. His response was great. I don't have his exact words but he said that, like them, he was rich and really had no use for Wal-Mart. He told them how he hated going there and having to park his expensive car next to the inexpensive cars owned by all those lower class people who shop there. Furthermore he certainly didn't like going into the store and having to associate with these people. He also told them that he'd much rather pay the higher prices that are charged at the local "mom and pop" stores that Wal-Mart puts out of business (part of their complaint against Wal-Mart) because these higher prices keep the lower classes away.
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