Monday, March 24, 2008

Mark Perry nominates Wal-Mart for the Nobel Peace Prize

I second his motion:
BENTONVILLE, Ark., Mar. 14, 2008 – In an address to the Council of Teaching Hospitals in New Orleans later today, Wal-Mart’s senior vice president and president of health and wellness, Dr. John Agwunobi will confirm a major milestone for the company’s $4 prescription program. Since its launch in September 2006, the program has now saved Americans more than $1 billion ($1,032,573,012.61 as of March 10, 2008).

And that was $1 billion in only 18 months!! So while politicians and pundits in Washington fret about 41 million Americans without health insurance, and dream up the next grandiose government-based health care reform, the most effective health care solutions may be right around the corner at your local Wal-Mart, which offers affordable $4 prescriptions and affordable health care clinics (now in 12 states).

And as Steve Horowitz points out, the savings to consumers actually exceed $1 billion because Wal-Mart's $4 drug plan was matched my many of its competitors (Kroger and Publix, etc.).
UPDATE: Steve Horwitz concurs (via Josh Hendrickson):
If Wal-Mart were a government program that created that many jobs, lifted that many out of poverty through higher wages, and gave poor folks back a billion dollars to spend while providing them needed prescriptions, you better believe the left would call it the greatest anti-poverty and healthcare program ever.

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