Wal-Mart Caves On Federal Mandates

Wal-Mart has allowed itself to be bullied once again into supporting another plank in the leftist agenda.

Wal-Mart, the world’s largest private employer, announced in a letter to President Obama today that it will support a requirement that all businesses provide health insurance coverage as part of sweeping health reform legislation.

The endorsement of the so-called employer mandate represents a dramatic reversal for the retailing giant and a boost for the White House as it tries to inject momentum into its top domestic priority.

“We are for shared responsibility,” Wal-Mart President and CEO Mike Duke wrote. “Not every business can make the same contributions, but everyone must make some contribution.”