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  #1  
Old 08-11-2014, 12:28 PM
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Hard Times For Main Street

http://www.nbcnews.com/business/pers...rs-say-n177746



I guess the Walmart wage paradigm hurts everyone.
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Old 08-11-2014, 01:11 PM
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http://www.nbcnews.com/business/pers...rs-say-n177746



I guess the Walmart wage paradigm hurts everyone.
The greed of the rich is killing the goose that lays the golden eggs.

And when it's finally dead, they will blame Obama and the Democrats.
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Old 08-11-2014, 06:11 PM
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The greed of the rich is killing the goose that lays the golden eggs.

And when it's finally dead, they will blame Obama and the Democrats.
They are already doing that as part of the process.

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Old 08-11-2014, 09:56 PM
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Companies are ever relocating/outsourcing so as not to pay decent wages.

Moreover States are in a downward spiral of competition offering the no-union, no taxes incentive.

The end result is there are not sufficient workers with the disposable income to light up Main Street.

I notice my mayor De Blasio in the thick of things.
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Old 08-11-2014, 10:24 PM
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Lower wages decreases cash flow. Bad business methinks.
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Old 08-12-2014, 10:35 AM
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Lower wages decreases cash flow. Bad business methinks.
Of course it does, where's the broad market without the means to participate. A lowered wage scale only serves a few, and so-called free-market libertarians only serve these few by "carrying their water".

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Last edited by Pio1980; 08-12-2014 at 10:38 AM.
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Old 08-12-2014, 10:38 AM
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Dp, nt.
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Last edited by Pio1980; 08-12-2014 at 10:40 AM.
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Old 08-12-2014, 01:42 PM
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Companies are ever relocating/outsourcing so as not to pay decent wages.

Moreover States are in a downward spiral of competition offering the no-union, no taxes incentive.

The end result is there are not sufficient workers with the disposable income to light up Main Street.

I notice my mayor De Blasio in the thick of things.
That's where we are here on Topeka. Average wage keeps decreasing, high end stores like Macy's just cannot survive, while they keep building more Wall Marts, four now, in a city of 125,000 people that cannot even support a Macy's.

The Kansas art commissioner asked me earlier this year why I no longer involve myself in local art fairs. I told her it's because this is a wall mart town and wall mart people don't buy art that isn't from China.

And since taxes on the middle class keep rising and rising while they eliminate taxes on the rich, Kansas has no where to go but down.
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Old 08-12-2014, 03:06 PM
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I told her it's because this is a wall mart town and wall mart people don't buy art that isn't from China.
Maybe the art market is better at the very high end where the 1% shop.

They've been doing real well lately.

Do you have a shop that sells Piscasso originals?
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Old 08-12-2014, 03:17 PM
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That's where we are here on Topeka. Average wage keeps decreasing, high end stores like Macy's just cannot survive, while they keep building more Wall Marts, four now, in a city of 125,000 people that cannot even support a Macy's.
In Brooklyn here we keep Wall Mart out so that Mom and Pop stores can survive.
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