Sunday, February 23, 2014

This week in Economics, we covered the new topics of characteristics of public goods, market failures, free riders, and subsidy.  We even had a waffle party and a movie, but the main thing we focused  on was the decision on whether or not to let Walmart into Weserville, which in the end, was approved, despite violent protests and many scathing letters sent to the public officials. Those opposing the decision to let Walmart into Weserville made many good arguments, ad so did those who welcomed Walmart. Those opposing argued that it was ridiculous to pay to accommodate Wal-mart's outrageous demands when there could be a Wal-mart 10 miles away and not on Weserville's dollar. Personally, I was completely against Walmart coming to Weserville, mostly because of the ridiculous demands Walmart was making, when we really don't even want or need Walmart that much. And no matter how much we had against Walmart, our officials still let Walmart come to town, kind of says something about our government representative system.

1 comment:

  1. I agree with you Sam i didn't want Walmart either it cut into our town budget too much, and there demands were outrageous. I being your mayor heard your pleas, and made my vote for you and said no to the thought of a Walmart i am sorry not all of the mebers heard the plea.

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