[Mpls] The Convention Center will bankrupt Minneapolis with or without smoking ban

Tim Bonham t-bonham at scc.net
Mon May 31 12:23:45 CDT 2004


>  From your "City Journal" article:
>. . .
>"thanks to Wal-Mart's much lower prices than in the days when small-town
>merchants took their 45 percent profit margins. "
>
>That's not "competent journalism", that's cheerleading.
>
>Mike Jensvold, East Isles
         It's also very inaccurate "journalism".
I grew up in a family that operated 2 small-town businesses, and I can 
assure you that the profit margins were nowhere near 45%!   (Had they been, 
I might have inherited enough to live on an estate in North Oaks, like 
Vicky!  :)

Tim Bonham, Ward 12, Standish-Ericsson




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