Chicago Vs. Capitalism
The socialist Dems in Chicago are following Maryland’s lead and attempting to stick it to Wal-Mart and other big retail chains foolish enough to continue to do business there:
“After months of fevered lobbying and bitter debate, the Chicago City Council passed a groundbreaking ordinance yesterday requiring “big box” stores, like Wal-Mart and Home Depot, to pay a minimum wage of $10 an hour by 2010, along with at least $3 an hour worth of benefits.
The ordinance, imposing the requirement on stores that occupy more than 90,000 square feet and are part of companies grossing more than $1 billion annually, would be the first in the country to single out large retailers for wage rules.
A gallery packed with supporters of the bill broke into cheers as the measure passed, by a vote of 35 to 14, after four hours of intense speeches and debate.
…An Illinois retailers’ group said it would challenge the measure in court, and Mayor Richard M. Daley, who opposed the measure, has not said whether he will veto it.
…Wal-Mart will still open its nearly completed branch on Chicago’s West Side in September — the company’s first store in the city — but any future plans “will likely change,” Mr. Simley said.
…In existing stores in the Chicago area, Wal-Mart pays entry-level wages of about $7.25 an hour but its average pay is $11 an hour, a company spokesman told The Chicago Tribune. The company has not revealed details of its benefits.
…In a meeting with several black aldermen, Target officials warned that passage of the measure could cause the company to cancel or delay three stores planned for the city’s South Side, the aldermen told reporters.
…The bill would affect 35 stores already in Chicago, including branches of Kmart, Target, Toys “R” Us and stores like Sears and Lowes. Support for the idea started taking off two years ago when Wal-Mart said it would open its first store in the city in 2006, in the poor Austin ward on the West Side.”
If, as expected, this bill becomes law — and the legal challenges fail — all these big stores should just unceremoniously fire their entire work forces and close their stores. That store Wal-Mart is building? It should never open. What they should do instead is call the press out to the location and knock the building down with a wrecking ball while they give a press conference blaming the new law for destruction of the store.
Know why they should do that? Because if they don’t take strong steps, you’ll see liberals all over the country — who despise big companies — pushing wage control bills like this one. And, these libs care nothing about long-term effects on the economy. Ten years later when the unemployment rate is sky high in these cities, these politicians will either be out of office or pointing the finger elsewhere. So, all they care about is getting pats on the back right now. That’s why it’s important for these big box companies to put thousands of people out of work now, in an effort to embarrass these pols. If they don’t take that step, you can expect to see liberals trying to push similarly backwards, socialistic bills all across the country.