Tuesday, June 30, 2009
Walmart Breaks with Business Community
Supports mandatory health coverage for employees.
So states the triumphant lead written by a libtard at The Hill, who can't see what's really going on.
He just doesn't see that by doing this, Walmart is sticking a shiv into the ribs of their small town, mom and pop competitors, already reeling in a down market, who simply cannot afford to provide health insurance to their employees. The cash just isn't there for it in these small businesses.
Walmart knows this, and knows that thousands and thousands of their competitors are teetering on the edge. A mandatory health insurance requirement will push them out of business... leaving them with a bigger market share, whether the economy recovers or not.
But Jefferey Young, reporter extraordinaire, doesn't see that he's being played like a violin, the poor little darling.
Splash out
Jason
So states the triumphant lead written by a libtard at The Hill, who can't see what's really going on.
With Wal-Mart’s endorsement of a legal requirement that employers provide health benefits to their workers, the nation’s largest employer has broken from the business community.
The so-called employer mandate is adamantly opposed by the U.S. Chamber of Commerce, the National Federation of Independent Business and virtually every major business trade association in Washington. But the backing of Wal-Mart, which employs about 2 million people, could give a big boost to President Obama and Congress’s effort to levy such a requirement on companies.
Moreover, Wal-Mart declared its support for the employer mandate in a joint letter to Obama with the Service Employees International Union (SEIU) and the liberal Center for American Progress, which is run by John Podesta, a close associate of the White House.
“We are entering a critical time during which all of us who will be asked to pay for health care reform will have to make a choice on whether to support the legislation,” says the letter, signed by Wal-Mart President and CEO Mike Duke, SEIU President Andy Stern and Podesta.
He just doesn't see that by doing this, Walmart is sticking a shiv into the ribs of their small town, mom and pop competitors, already reeling in a down market, who simply cannot afford to provide health insurance to their employees. The cash just isn't there for it in these small businesses.
Walmart knows this, and knows that thousands and thousands of their competitors are teetering on the edge. A mandatory health insurance requirement will push them out of business... leaving them with a bigger market share, whether the economy recovers or not.
But Jefferey Young, reporter extraordinaire, doesn't see that he's being played like a violin, the poor little darling.
Splash out
Jason
Labels: business, economy, The media, Wal Mart
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