D.C.

Where Has All the Sanity Gone?

Where has all the sanity gone?

I, for one, never expected in my wildest dreams to pine for the days of Ronald Reagan. But I'm there.

And for everyone who is blaming "everyone" on this debt ceiling debacle, you're just dead wrong. The Democratically controlled House and Senate in the 80s did not hold President Reagan hostage when he had to raise the debt ceiling. And that is exactly what is happening. And the problem is that this is a train wreck that has been months in the coming. The only thing that we don't know is how bad the carnage will be.

Walmart's New Urban Strategy Comes With a Lousy Track Record

Walmart has launched a charm offensive as part of its new urban strategy to impose smaller versions of its big box in inner cities across the country. It has proposed four stores for Washington, D.C. -- all in predominantly minority, and most in low-income, neighborhoods.

The debate over building Walmart stores in D.C. is engaging intense public sentiment, and for good reason. While Walmart promises new jobs in a community, in reality it displaces other local businesses, leaving in question whether there is a net jobs gain; one study showed that for every retail job Walmart brought, communities lost 1.4 other jobs. In addition, Walmart passes on the cost of its low wages to taxpayers when associates and their families rely on publicly funded health care and other assistance programs.

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