Should Wal-Mart reduce wages?

We haven't had a Wal Mart update in a while...

By Alan Reynolds
Townhall.com

Requiring big employers to devote a larger share of paychecks to the fixed cost of health insurance must give them an incentive to substitute full-time workers for part-time workers. That is bad news for those seeking part-time work. Mandating that a higher share of payroll be devoted to health insurance also gives employers an incentive to shun future job applicants with labor market disadvantages -- such as teenagers, elderly seniors, those with little schooling, those in poor health and those with an imperfect command of the English language. That is bad news for those at the bottom of the ladder of opportunity.

The "Wal-Mart bills" are calculated cruelty disguised as kindness. They should be renamed as what they are -- wage- and job-reduction bills.