McGovern for President

In an editorial in today's Los Angeles Times, failed anti-war Presidential candidate (and liberal weenie) George McGovern takes on labor leaders and anti-business Democrats and learns them real good. I mean real good. And he defends Wal-Mart.

The current frenzy over Wal-Mart is instructive. Its size is unprecedented. Yet for all its billions in profit, it still amounts to less than four cents on the dollar. Raise the cost of employing people, and the company will eliminate jobs. Its business model only works on low prices, which require low labor costs. Whether that is fair or not is a debate for another time. It is instructive, however, that consumers continue to enjoy these low prices and that thousands of applicants continue to apply for those jobs.

Sure he supports corporate welfare in the form of socialized health care (its biggest beneficiaries will be Fortune 500 companies who will profit from having taxpayers pick up the cost of providing health care to their employees), but he's got a brain. And he knows how to use it.

[Via Lew Rockwell]