Walmart versus Obama’s ‘Stimulus’ Package

Retail analyst Howard Davidowitz explains why Walmart is great for the U.S. economy (and why Obama’s “stimulus” package isn’t). Notice how the economically-ignorant Henry Blodgett (a former equity research analyst, no less!) asks the ridiculous question of whether Walmart should be forced to pay its employees a “living/decent” wage. Which “living/decent” wage is that, Blodgett? Yours? Brad Pitt’s? Bill Gates’s? Davidowitz gives Blodgett the perfect answer.

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2:40 pm on June 21, 2011