8.10.2004

Baer acknowledged that some of the company's problems were of its own making. But he said he was worried about what he called the "Wal-Mart effect" and its role on the quality of U.S. jobs.

"Long-term, I really struggle with their constant mania of driving prices down, down, down, down, down," Baer said. "People are displaced into lower-paying jobs…. Their purchasing power goes down, so they can't go into Wal-Mart and buy as much as they used to. How will that work in the end?"

http://www.latimes.com/news/politics/2004/la-na-wisconsin9aug09,1,1714529.story?coll=la-home-headlines

This is a quote from Rick Baer, CEO of Paper Converting in Green Bay.

People are starting to get it.....

-jef-

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