Wal Mart Backs Min. Wage Hike
Some of you might have heard that the head honcho of Wal Mart, H. Lee Scott, has come out in support of raising the minimum wage. Whether this is part of a public relations campaign or that they have some ulterior motive could be argued endlessly. Lew Rockwell wrote a good piece on his take of what's going on. I think he might well be right and I'm not a Wal Mart basher. Typical case of a large business supporting regulations to suppress competition.