POLITICAL: The politicians and bureaucrats will always get outmaneuvered

http://www.bloomberg.com/news/articles/2016-01-25/wal-mart-it-came-it-conquered-now-it-s-packing-up-and-leaving

Wal-Mart: It Came, It Conquered, Now It’s Packing Up and Leaving 
Shannon Pettypiece 
January 25, 2016 — 5:00 AM EST

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The Town’n Country grocery in Oriental, North Carolina, a local fixture for 44 years, closed its doors in October after a Wal-Mart store opened for business. Now, three months later — and less than two years after Wal-Mart arrived — the retail giant is pulling up stakes, leaving the community with no grocery store and no pharmacy.

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“I was devastated when I found out. We had a pharmacy and a perfectly satisfactory grocery store. Maybe Wal-Mart sold apples for a nickel less,” said Barb Venturi, mayor pro tem for Oriental, with a population of about 900. “If you take into account what no longer having a grocery store does to property values here, it is a significant impact for us.”

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I guess they should have made the building permit conditional on a time guaranty?

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“I was devastated when I found out. We had a pharmacy and a perfectly satisfactory grocery store. Maybe Wal-Mart sold apples for a nickel less,” said Barb Venturi, mayor pro tem for Oriental, with a population of about 900. “If you take into account what no longer having a grocery store does to property values here, it is a significant impact for us.”

2 Responses to POLITICAL: The politicians and bureaucrats will always get outmaneuvered

  1. reinkefj says:

    Yes, as usual, you missed the point. The politicians and bureaucrats want to micromanage everything but can’t. They tried to block WalMart and then got outmanuevered by WalMart.

    Just because I’m a little L libertarian doesn’t mean that I don’t recognize Gooferment for the eveil it is. I was attempting demonstrate how immoral, ineffective, and inefficient, as well as untrustworthy, it is. Anyone, who has an ounce of business sense, would recognize the risk (i.e., that WalMArt would “leave”, go broke, or burn down) and try to insure or mitigate it. But since politicians and bureaucrats are be definition incompetent, they disn’t recognize the risk or mitigate it.

  2. frenchync says:

    Wow…..for you, I find your comment inflammatory! Government building permit with a time guaranty? Really? What happened to your libertarian bone….did it break? I say it’s called free enterprise, things happen in business…some good, some bad. Did I miss your point?
    Signed, Shocked.

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