The New York Sun reports that Wal-Mart has ended its bid to open a store in the Big Apple. That’s a shame. Having recently purchased a pack of Camels in New York, I can tell you they could really benefit from some low prices.
And in my Atlanta suburb, all my neighbors are in a tizzy because Wal-Mart wants to expand their existing store. They’re going to turn it into a SuperCenter and sell groceries. My neighbors object for the usual reasons — loud late-night deliveries, more traffic, etc.
We’ve already got two grocery stories a block away, they argue, why do we need another? Not me, baby. I’m looking forward to a gigantic grocery store war. Yes, 49 cents is too much to pay for a box of generic macaroni and cheese.
I’m not alone. We all love low prices. But, we tend to hate the businesses (and free-trade policies) that bring us these low prices.
I bought a clothes iron at Wal-Mart the other day for $6. For six dollars! I haven’t bought an iron in 20 years. I figured it’d cost $30. That’s $24 that Wal-Mart put into my pocket.
Critics complain that Wal-Mart drives Mom-and-Pop Stores out of business. No, it’s the people shopping at Wal-Mart that put the Mom-and-Pop Stores out of business. Blame your neighbors, not Wal-Mart.