Re: Trader Joes
[quote=picklemonkey]
Standard of living decelined?
OI dpm't go there cery oftej, ut hwen I do I wouldn'[t say that it representrs that the standard of living has delciened. It's the people, notthe buzsiness.[/quote]
The standard of living declines withing the community surrounding the store. It's not my study, it was performed by a group of professionals. Their theory was that in a way it became a self-fulfilling prophecy due to the fact that consumers, for the most part, want low prices. In order to obtain low prices you have to keep your overheard low, which includes the cost of labor. By and large, the people that are willing to work for the wages Wal-Mart is willing to pay (for support services) are people that lack education, single mothers, and people who need it as a 2nd or 3rd job. A FT job at Wal-Mart alone would hardly put you above the poverty line in the United States.
This contributes to the deterioration of the community around the Wal-Mart which ultimately pushes the 'good' of the community further away and invites even more 'low class' in.