Irony Alert

PARD continually cited Dr. Kenneth Stone's study of Wal-Mart's effects on small towns in Iowa in the 90's during the appeal hearings back in January. This study claimed that those towns lost 47% of their retail trade within 10 years of the opening of a Wal-Mart nearby.

What is Dr. Stone saying about Wal-Mart these days? He was recently quoted in the Baltimore Sun:

“All these malcontents, as I call them, I’m beginning to think of them as elitist,” says Kenneth Stone, an Iowa State University economist who has long followed the company. “I don’t think they speak for the average person. The local people say, ‘We want them.’”

Ouch!! What do you think about Dr. Stone now, eh PARDners? Does he speak the truth still?

HT: Paid Critics

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