Wednesday, September 26, 2012

Those job creators: Romney’s success story Staples to close 60 stores worldwide

Article Mirror

September 25, 2012

Republican Presidential nominee Mitt Romney is having a dreadful week. Romney claims that his business experience would solve our countries employment issues — while giving a nod to cutting regulations. Staples, Romney’s success story, pays their employees at a minimal pay rate and now many of Staples’ workers will now be unemployed.

Huffington Post reports:
Staples says it is speeding up the closure of about 15 of its U.S. stores and plans to close 45 stores and some delivery businesses in Europe.
The office products company also says it will invest more in its online and mobile efforts and will expand the product assortment that it offers to its business customers.

The Framingham, Mass., company anticipates annual savings of about $250 million by fiscal 2015′s end, so they’ll be faring well, however, touting the company as job creators is a distortion of facts. The facts are, that Staples pushed smaller businesses out, while bringing their large company in.When will politicians tout Mom and Pop stores, small local businesses and community, instead of privatization, enormous stores that go out of style leaving no means for the people left behind?

Image: MentalFloss