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Walmart — the world’s largest retailer — has announced it’s taking a side in the gun debate. The company will no longer sell handgun ammunition at its stores, nor will it sell rifle rounds that can be “also used in large capacity clips on military-style weapons.” Then, Doug McMillon, Walmart’s CEO, issued a statement calling on Congress to ban many semiautomatic rifles and seize firearms from some Americans who haven’t been convicted of a crime — or even charged with anything. For a company that operates primarily in rural America, all of this was a big step. How do rural Americans feel about it? We can only guess. There’s not a lot of polling going on in Dixon, Montana, or Roxbury, Maine. But in the most expensive parts of New York and Los Angeles, all the smart people were deeply impressed. They love Walmart now.
As you may remember, years ago, Walmart was the subject of coordinated attacks from the left. Progressives used to attack the company for destroying small-town America and exploiting workers. The company never really changed the way it does business, and yet, somehow, the left has mostly stopped attacking them. How did that happen? Part of the answer is that liberals got rich and lost interest in economics. Instead, they adopted identity issues. But Walmart also figured out it could buy immunity from the left’s criticism by mouthing left-wing pieties. That’s all it takes. Sound “woke” and they will leave you alone. Notice that Walmart still plans to sell the remainder of its AR-15 ammunition. This couldn’t really be about saving lives, obviously. It’s about the money. It’s only about the money. But that’s unsurprising; there’s a lot of money at stake.
Revenue - Walmart - World - Walton - Family
Revenue at Walmart is the largest in the retail world. The Walton family is collectively worth...
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"It is useless to attempt to reason a man out of a thing he was never reasoned into"--Jonathan Swift