Many small business owners can get away with jacking up their prices just because they may be the only store of their type in their area. The U.S. is filled with people who own stores which sell things. Selling things is really not a very difficult thing to do, all one needs is a little money from his inheritance (like most republicans, for example). Using this money, a little store can be rented and some shelves can be erected, and inventory can be purchased. The inventory can be sold for 20% more, its really a no-brainer, and all the owner has to do is sit behind the counter and wait.
The internet, however, will rid the world of stupid people who make their living by taking advantage of their location. People who have no intelligence and rely purely on location for their success will soon be wiped out of the business world by an increase in online traffic. Online traffic will create an atmosphere where selling things to other people is not as lucrative a career, forcing these people to get an education in say science or engineering for example. These people will be forced to get a career where using their heads gets you higher in life, not inheritance.
While running the incompetent away, prices will drop all over the world, which means that more and more people will be able to afford things. Thanks to the internet, stupidity will no longer thrive in our world and particularly in the U.S.
Jeff Dinges Currently resides in Atlanta, GA. He is a civil engineer working in the private industry.
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