The ever-so-wise Washington DC city council apparently decided to pass what essentially amounted to an economic bill of attainder against Wal-Mart mandating that retailers of a certain size pay $12.50 per hour minimum wage vs. the city’s existing $8.25 per hour minimum wage.
Wal-Mart is currently building three and planning three more stores in economically depressed wards around DC. Jobs, cheap produce, and low prices for the poorest people in DC. They released a statement saying Wal-Mart would not construct the stores if the Wal-Mart surtax was passed. The council called their bluff and passed the bill. Wal-Mart released another statement.
“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. This was a difficult decision for us – and unfortunate news for most D.C. residents – but the Council has forced our hand.”
Good on ya, Wal-Mart. You get the politicians you deserve – good and hard. The political class never suffers in progressive la-la land. Funny how poor blacks embrace the political party which claims to be their only salvation yet repeatedly sells them down the river to reward their socially acceptable progressive allies like greens, gays, the open borders crowd, anti-capitalists, and organized labor leadership. But not rank and file union schmoes. Those ignorami stink of coal and perspiration.
Yet we still see articles and editorials puzzling over the lack of a recovery.
Anyway, the mayor still has a chance to veto the bill. Even if he does Wal-Mart should pull out. Anyone believe they won’t take another swing at it next session? Listen, Wal-Mart and understand. That council is out there. It can’t be bargained with. It can’t be reasoned with. It doesn’t feel pity, or remorse, or fear. And it absolutely will not stop, ever, until you are dead.