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07/30/2006

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Dan C

The value of land that could be used for big box store will tend to fall - but if the city needs to raise property taxes to replace the sales tax revenue, it could be a wash.

In any case the property values may drop a great deal - because local politicians have made calculations on invest returns harder to calculate. Where will the new anti-business bias stop?

Small stores that charge high prices may remain the norm. Without increased competition the local residents will pay higher prices. The merchants will charge the highest price they can

Richard

As a customer I prefer to shop at stores that pay their employees more even if prices are higher. I choose Costco over Sam's Club for just that reason. I will personally boycott the chains that refuse to locate in the lower socio-economic areas of inner cities because they might have to pay their employees higher wages.

monkyboy

Looks like Wal-Mart's China stores are getting unions...

http://www.chinadaily.com.cn/china/2006-08/05/content_657776.htm

Fernando quick

There is a growing sense in the U.S. that the "game is rigged," the rich own the government, and the government protects the rich.

I'm a Republican but I think that is a pretty good summary of the Bush administration.

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