It really, really gripes me that taxpayers are subsidizing Walmart’s bottom line. I’ve beaten that drum repeatedly, but when I saw this video, the message was presented in so clear and compelling a way, I just had to share.
In fairness, let me point out that this analysis applies equally to the many other greedy recipients of corporate welfare. (McDonalds, I’m looking at you!)
You either believe in markets or you don’t. Walmart and its ilk may beat the drum for capitalism, but they don’t want to abide by its terms, and compete fair and square in the market–without public subsidy.