Walmart Says It Will Ditch Store Expansion After D.C. 'Living Wage' Vote (click here)
July 10, 2013
By Susanna Kim
Wal-Mart said it will halt plans for three stores in the nation's capitol after the D.C. Council approved a bill that boosts minimum wages paid by large retailers by nearly $5 a hour."
Nothing has changed from our perspective: we will not pursue Skyland, Capitol Gateway and New York Avenue and will start to review the financial and legal implications on the three stores already under construction," said Steven Restivo, spokesman for Wal-Mart, after the Council approved the vote on Wednesday afternoon. "This was a difficult decision for us - and unfortunate news for most D.C. residents - but the Council has forced our hand."
Restivo told ABC News the company would reconsider if Mayor Vincent Gray vetoes the bill. Mayor Gray has 10 days to sign the bill, veto it or let it pass without his signature...
The challenge of tomorrow awaits the District of Columbia to actually find a way to grow small businesses and e\entrepreneurs to expand economic growth.
This is actually one of the best examples of GOP economics, so if I may?
Imagine not having ideas for economic growth. I mean none. Everything is static as it was with the Bush/Cheney economy. Everything is made cheap and imported from China with retailing the only industry defining the American economy.
Now, with a completely retail economy, how then do you grow it? Where is expansion?
I rest my case to the idea the Republicans are oppressive of Americans and any type of ambitious lifestyle of innovation and invention.
There just ain't any thing better than a content heifer at home and a completely confident Wall Street to rule the world.
Why spend money on education when it isn't really needed after all?
July 10, 2013
By Susanna Kim
Wal-Mart said it will halt plans for three stores in the nation's capitol after the D.C. Council approved a bill that boosts minimum wages paid by large retailers by nearly $5 a hour."
Nothing has changed from our perspective: we will not pursue Skyland, Capitol Gateway and New York Avenue and will start to review the financial and legal implications on the three stores already under construction," said Steven Restivo, spokesman for Wal-Mart, after the Council approved the vote on Wednesday afternoon. "This was a difficult decision for us - and unfortunate news for most D.C. residents - but the Council has forced our hand."
Restivo told ABC News the company would reconsider if Mayor Vincent Gray vetoes the bill. Mayor Gray has 10 days to sign the bill, veto it or let it pass without his signature...
The challenge of tomorrow awaits the District of Columbia to actually find a way to grow small businesses and e\entrepreneurs to expand economic growth.
This is actually one of the best examples of GOP economics, so if I may?
Imagine not having ideas for economic growth. I mean none. Everything is static as it was with the Bush/Cheney economy. Everything is made cheap and imported from China with retailing the only industry defining the American economy.
Now, with a completely retail economy, how then do you grow it? Where is expansion? I rest my case to the idea the Republicans are oppressive of Americans and any type of ambitious lifestyle of innovation and invention.
There just ain't any thing better than a content heifer at home and a completely confident Wall Street to rule the world.
Why spend money on education when it isn't really needed after all?
