I'm your new economics adviser, and I'm a fan of Wal-Mart:
Senator Obama's choice of the left's most prominent defender of Wal-Mart, Jason Furman, as his campaign's economic policy director is a sign of hope for the Democrat of Illinois.
Mr. Furman, in a 2005 paper, "Wal-Mart: A Progressive Success Story," took issue with attempts by Democratic lawmakers such as the New York City Council to block Wal-Mart stores from opening. "Attempts to limit the spread of Wal-Mart and similar 'big box' stores do not just limit the benefits of lower prices to moderate-income consumers, they also limit the job opportunities that Wal-Mart and other retailers provide," Mr. Furman wrote.
....Mr. Obama ...criticized Senator Clinton in a debate by saying to her, "While I was working on those streets, watching those folks see their jobs shift overseas, you were a corporate lawyer sitting on the board at Wal-Mart."
Tuesday, June 10, 2008
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