[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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