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  • Posted by $ MikeMarotta 8 years, 1 month ago
    So much is wrong with that report that I might as well start with the middle: "In order to have a thriving middle class, we need good paying middle class jobs."

    The middle class consists of the self-employed. Only in our time have we come to measure "class" by income rather than by calling, craft, or profession.

    (2) While start-up costs are barriers, if the closing of a Wal-mart really does leave a lacuna in the local economy, someone else will fill it.

    (2a) As Technocracy noted, much retailing is online today. Myself, I prefer to go to the Wal-mart pharmacy, but my insurer wants me to buy online.
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  • Posted by Technocracy 8 years, 1 month ago
    Brick and Mortar closures are not necessarily a dire circumstance. Online sales keep growing and if they have multiple stores in close areas, closing redundant ones make sense.

    Especially in the case of Walmart if they are closing standard stores to retain the super walmarts.
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  • Posted by Ben_C 8 years, 1 month ago
    The trick is to keep the dollars in the community rather than lose them elsewhere. While there are short term benefits of big box stores the noise you hear is the sucking sound of wealth leaving the community. This is true from the local to national levels. For local to national prosperity producers send their goods elsewhere and suck elsewheres wealth into the community. Tough to do in today's regulatory environment..
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  • Posted by $ MichaelAarethun 8 years, 1 month ago
    Of the list the only one that affects me is WalMart. they are the most likely to survive even under attack from government and the unions. Along with the Dollar stores they are the only hope for the equally under attack retirees and senior citizens. The rest were always mall momma fluff stores and of no importance to survival. WalMart, it's distribution system and it's pricing along with the Dollar Stores are the last bastion of defense a nation unable to provide for itself has and the jobs provided to senior citizens trying to make up for the depredations of an unfriendly government are their best hope for survival. it will not come from those who are attacking them. The Burnie Bunnies, the Clintonites nor the Trumpeters. The others can eat stuff and bark at the moon. Added to gether they are not worth one Walmart.

    Oriental like Port Townsend Washington which refused them are failing because they asked to fail. It's still cheaper to shop in Port Angeles or to the east than pay the high prices in Townsend - Safeway specials and McDonalds being the exceptions. Walmart in the Sequim area also provides job to the retirement community. Oriental which I am familiar with is a special case community and caters to a special group centered around boating. I suspect the other stores closing are going the way of the old country stores. There was nothing in the article to cause any alarm and i wish home depot would follow leaving better run business like Orchard, Tru-Value and Lowes to survive.
    Like Aeropostale they are of not much use.

    The news may be alarmist...but it is not necessarily bad.


    Unionizing WalMart would be a catastrophe for the retirement and senior citizen community. So would a spread of the $15 an hour minimum wage. But then the seniors are already under attack by Obama and the left starting with the RINOs and continuing to Comrade Sanders. So what else is not new.
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    • Posted by $ 8 years, 1 month ago
      Unions and high minimum wages will kill off the rest of Connecticut that hasn't already gone under, I expect Pizza joins to fold cause of wages...GE and Pratt& Whitney are leaving now...all we got is Ottis Elevators and Submarines, and probably not for long.
      The big business left either kill you with their products or take your money fraudulently like governments.
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