On Tue, Jul 15, 2003 at 10:16:31AM -0400, Derek Martin wrote: > If walmart moves into a town predominated by little shops, and they > all can't compete with walmart (and rest assured they can't), then the > owners of those shops will have to close down, and go get jobs at > walmart. Their incomes will likely be reduced by between 50 and 75 > percent, and along with it their disposable incomes will be > drastically reduced, meaning they have almost no money to spend on > things besides basic necessities. Don't forget a lot of the profit then gets sent to AK and are thus not spent in the local community or even in the state, reducing state revenues. It's in VT's interest to keep the money in the state.
-Mark
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