Progressive Cities Return to the Dark Ages

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1 year ago
31

Walmart has pulled out of Portland because rampant theft has made it unprofitable to operate there:

Full article (and links): https://www.thedailybell.com/all-articles/news-analysis/progressive-cities-return-to-the-dark-ages/

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Walmart is a sign of civilization (only half joking) and the vast potential of capitalism, infinitely scalable processes.

Plenty to criticize it over, but super important to economy, poor, even parking lots where people can sleep, municipalities hold their vaccine drives...

Same thing happens in inner-cities where people have long complained about grocery store dead zones and everything costing more... yes, regular shoplifting and stickups cost money. Why bother running a business there?

Same thing with CVS/ Walgreens closing stores in San Francisco. Grocery stores closing in California due to state demands to pay more during COVID. Amazon closing stores in high crime cities-- NYC, San Francisco, Seattle.

This is what happens. Wealth migrates.

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