Friday, August 3, 2007

Naturally

And of course there is a Wal*Mart story in the news. “A study in Maine showed that for every dollar spent at big-box stores, only 15 cents stays in the community, while for every dollar spent at a locally owned store, 50 cents stays in the community.”

And our local ‘bozo’ (Or is he an Alien?) has this to say, Local state Sen. Sam Aanestad (R-Grass Valley) voted no on SB 1523. Low prices benefit low-income people, he said, and big-box stores deliver low prices, driving down prices elsewhere. "That's what the free market system is based upon—competition," he said…

…Yet no one has been hurt more by Wal-Mart than the low-income family, Mitchell said. "Wal-Mart lowers wages in a community faster than they lower prices."

No comments:

Post a Comment