Can Wal-Mart Scale L.A.’s Great Wall of Regulation? →
L.A. Chinatown residents want a Wal-Mart. L.A. won't let Wal-Mart in to serve them.
While Rep. Judy Chu (D-Calif.) has decried Wal-Mart’s “ability to…drive all other competitors away” with rock-bottom prices, many Chinatown residents, suffering for years from gouging by the local markets, would probably say “good riddance.” In what must frustrate the unions most, the typical argument that products “Made in China” are inherently inferior doesn’t work in Chinatown. “I come from China, too!” one of the old Chinese ladies protesting in favor of Wal-Mart said. “We Chinese are cheap!” another pro-Wal-Mart elderly lady told me.
I've said it before and I'll keep saying it. Wal-Mart does more to help poor people than anything of the anti-Wal-Mart crowd could ever dream of doing.
This entry was tagged. Poverty Regulation