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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (451007)	1/26/2009 1:57:27 PM
From: Tenchusatsu	Read Replies (2) \| Respond to of 1574261

Ted, > But what's lost is the vested interest in the community that mom and pop stores have. That's true, but with the push toward mass transit, small communities may be a thing of the past. We'll all be urbanized whether we like it or not. Tenchusatsu

To: tejek who wrote (451007)	1/26/2009 2:24:45 PM
From: TimF	Read Replies (1) \| Respond to of 1574261

When business slows up, the big chain will close the store down but the mom and pop will try to stick it out. The small mom and pop store might have more ties to the community, and more willingness to face hard times and lose money before closing down, but its also more likely to lose money, and more likely to be forced to close down. Yes big chains close stores, but probably not as often as small businesses close down, maybe not even nearly as often. Also flexibly responding to demand is more of a plus than a minus. If a business continues to lose money, then arguably it isn't providing a net benefit. Going out of business or shutting down certain stores can be a feature of how economic incentives work, more than it is a "bug".