A liberal group is boycotting Walmart this week – yes again – because they believe the company has “contributed to economic corruption.”
The irony here is that they are hurting the very people they pretend to protect. In this must-read 2006 article, Michael Strong shows how Walmart has lifted more people out of poverty than most NGOs making it the world’s #1 anti-poverty engine. What’s more, former Obama advisor and Harvard professor Jason Furman writes about how Walmart’s low prices save low income Americans more than $2,000 per year.
Do these boycotts aim to hurt working class people or are they just lashing out at the Trump administration? You would think that if they really want to help the underprivileged people that they claim to, they would want to shop at Walmart.