Thursday, May 29, 2008

3 Cheers for Wal-Mart

When people think about helping the poor with rising food costs, they tend to think of either governmental programs (such as food stamps) or charities: things like soup kitchens or Meals on Wheels.

The reality is that the entity that probably does more for helping feed the poor is one which does it for what some view as the basest of motives: profit. It's your friendly neighborhood Wal-Mart. In the midst of skyrocketing food costs (much of it caused by misguided programs such as ethanol production) Wal-Mart is seeking to keep prices low. Which helps the poor, and all of us:

Wal-Mart puts the squeeze on food costs

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