CHICAGO (CBS) ― The warning is out – Mayor Richard M. Daley says a parade of corporate chief executives have told him huge layoffs are planned around the city and will carry into next year.
Is it too late to bring in a community organizer?
Contrast that to this story:
Nov. 13 (Bloomberg) -- Wal-Mart Stores Inc., the world's largest retailer, said it's ``optimistic'' about the holiday shopping season even as declining consumer spending may send the U.S. to the worst recession in at least three decades.Longtime readers may remember that Chicago at one time passed a big box law designed to punish stores like Wal-Mart by requiring artificially high wages and benefits. Mayor Daley, to his credit, vetoed it. I'll bet the workers in Chicago would like to see a few more Wal-Marts around town right about now. Not only would they be able to buy quality merchanise at low prices, but there would be some more jobs available too.
Perhaps instead of bailing out General Motors, we should just let Wal-Mart buy them.
No comments:
Post a Comment