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-- is focused on only large retailers and I think that's an important point that is lost.
And it's not focused just on Wal-Mart.
Although interestingly of all the large retailers who are affected Wal-Mart is the one that has been outspoken.
The others -- much less so or not at all so it's become -- Wal-Mart issue because Wal-Mart has made it no matter how Wal-Mart issue.
This legislation is a development killer.
This legislation is a jobs killer and it's coming true this and bags will destroy.
Those plants and we have worked long and hard.
For this measure.
It -- applied to all retail which it does not it would make sense.
-- -- DC City Council has now threw a wrench thrown a wrench into some plans for three wal mart's under construction and Washington DC sorely needed according to.
People hold by Wal-Mart 73%.
Saying Wal-Mart saying quote despite the consensus among DC stakeholders about the economic value our stores would bring some council members are now advancing an eleventh hour effort to undermine our efforts.
And change the way business is like Wal-Mart must operate in the city.
The long and short of -- there's this act to the large.
Retailer accountability act which requires businesses that size making that corporate profit.
To have a super minimum wage -- 1250.
Per hour that's for 25 above.
The regular minimum wage -- back with the panel Nina.
What does this say it's not just happening in Washington it's happening other places as well.
What -- says its unions against low income people people who need jobs.
Unions have been out to get Wal-Mart for years and when they first came into this city.
-- it was union back Occupy Wall Street protests they went to the don't get developers home they've been out to get Wal-Mart from the check out what mall Wal-Mart do.
They came in.
They did their due diligence they got all the stakeholders involved they they offered 18100 jobs six stores.
They did a survey to make sure that they would have the groundswell of support.
Now at the eleventh hour they already have three stores under construction and by the way.
These are stores a lot of in the neighborhoods.
Where you don't have much shopping we don't have jobs you don't you certainly don't have the kinds of groceries and and and affordable products -- -- Wal-Mart offers.
So it -- eleventh hour.
They -- in the council comes and and tries to change the game -- and good for Wal-Mart for saying I'm out here if you do that.
Wal-Mart estimates about 18100 future jobs being cut here the bill by the way past.
DC council with eleven Democrats.
Two independents -- -- the council into.
Well I think that this is a long story in the story is that -- big cities in America.
-- unions have managed to keep out the wal -- For many years.
Wal-Mart has basically been out in -- rural areas and and then lately the suburbs.
Now for instance the additional Colombian for the first time you're seeing things like Costco and Wal-Mart going on Georgia avenue in southeast the picture we just saw which is an impoverished neighborhood -- So what you have here is a sense -- finally Wal-Mart is coming in and Wal-Mart said.
They decide not to come into cities like traditional -- me because the economy wasn't there they didn't see this are also is crime ridden.
They change their mind they think there's profit to be made here.
And what the argument is that they're gonna do moves profit if they have to pay this super minimum wage.
Well I think you can't change the rules for one employer I think that's crazy that's not fair if there's a rule -- minimum wage pay the minimum wage it may be that you think that they.
Our exploit -- -- in terms of their employees.
But I don't see how you change the rules for one personal one -- one employer the other thing is clear is that the council exempted unionized grocery stores big grocery -- -- -- Communist this is a union fight and it's not new -- -- for years.
People have aimed their fire at Wal-Mart and their tactics bringing goods from overseas and being -- non -- -- terms.
It clearly is a bill.
Excuse me written entirely to penalize Wal-Mart.
Because it it allows the previous big box stores to going through practice and so atomic -- ability -- -- -- a bill written against one entity which is unconstitutional in the first place.
There's a greedy grasping.
Unbelievably stupid piece of legislation.
These stories would be in the poorest parts of DC.
It would give people access to affordable goods and jobs where there's extremely high unemployment.
-- was extremely goodwill and this is an attempt to simply sabotage it.
Other states and localities offer incentives.
As a way -- did they bag employers to come in.
Here's an employer who does the due diligence.
Offers community support and is essentially being driven out.
By a reactionary liberals on this.
Yes you know Wal-Mart comes in position to the mayor will probably issue a veto.
Not under the current us not under the current rules because that would be an example for other jurisdictions they pulled out of Boston and -- On the same issues and you can expect them to do that there.
I've lost the hole yes and no battle that's it for the panel.
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