Economics

Windy City Continues to Blow

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In a nonsensical confluence of living-wage hype and anti-big box angst, Chicago just passed a bill forcing big-boxers to pay a higher minimum wage by 2010. The Chicago Tribune reveals Wal-Mart's less-than-surprising response to the latest in a string of stupid bills out of the city:

In an interview at Wal-Mart's Chicago office last week, Lewis said if the city council approved the bill, Wal-Mart would "put more time and effort in the suburbs," in particular focusing on those close to the city in order to draw shoppers across city lines.

"It would stand to reason that we would ring Chicago with Supercenters," Lewis said.