Sunday, March 9, 2008

Wal-Mart Opens

And sounds of joy and the ringing of cash registers were heard throughout the land. Sorry, it's just hard for me to see this as a launching point for continued growth in Murphysboro. Yep, you've got lower priced groceries and consumer goods, as well as a slew of new retail jobs but only about 17% of the money spent there will stay to help build Murphysboro. The rest heads off to Bentonville Ark. and parts unknown, eventually winding it's way to China and southeast Asia, increasing our already out of whack balance of trade.

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