Friday, February 17, 2006

Wal-Mart Chief Speaks Wisdom: Hypocritical Economists Should Listen

From Lee Scott's (Wal-Mart CEO) website, as reported by the NYTimes:

Wal-Mart's focus has been on lower income and lower-middle income consumers," he wrote. "In the last four years or so, with the price of fuel being what it is, that customer has had the most difficult time. The upper-end customer got a tremendous number of tax breaks about four years ago. They have been doing very well in this economy.

Guess to which customer group the hypocritical recommenders of high gasoline tax belong?

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