The China Connection

On a recent CNN show, the "reporter" claimed that 90%+ of Wal-Mart products come from China. This is presented as a bad thing for America, though the reporter never comes right and states this, it is implied.

What's interesting is that Wal-Mart does not manufacture these products, U.S. companies do. Wal-Mart is merely the middleman --the aggregate--between the consumer and the manufacturer. Wal-Mart merely sells the products these manufacturers produce. Why not go after the companies manufacturing in China?

Wal-Mart is being villainized because the unions want a piece of the Wal-Mart money pie. The unions don't care about the consumer and they really don't care about workers. Wal-Mart pays taxes, Wal-Mart employees pay taxes. Wal-Mart offers good pricing for consumers that allow consumers to have access to more and better products. Which in turn allows consumers more money to spend elsewhere. Wal-Mart contributes to the circle of economic life, it's not clear how unions do.