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Examiner
  • Businesses urged to support each other

  • It’s important not only to shop locally but to consider the impact of all spending decisions on the local economy, a local business owner says.



    Do all those decisions add up?

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  • It’s important not only to shop locally but to consider the impact of all spending decisions on the local economy, a local business owner says.
    Do all those decisions add up?
    “You’re darned right it makes a difference,” Matt Mallinson, owner of Matt’s Medicine Store on U.S. 24 in Independence, said at Wednesday’s Independence Chamber of Commerce luncheon.
    Mallinson, who also is mayor of Sugar Creek and a member of the Independence Board of Education, outlined estimates of how paychecks roll over in the local economy time after time. His store, for example, has employees representing nine families.
    “They’re the ones that, on a day-to-day basis, are paying the bills,” he said.
    Mallinson also ran through a list of several factors that can take money out of a community: hiring employees who live elsewhere, Internet sales and other out-of-area purchases, and health insurance policies that limit a person’s choice of hospitals and health-care providers.
    He singled out insurance requirements that employees get their prescriptions filled by mail (a point he conceded directly affects his business). For 1,000 employees, he said, formulas show that amounts to $3.6 million a year.
    “You just let $3.6 million walk – no, run – out of the community,” he said.
    For example, he said, the roughly 3,000 employees of the Independence School District would spend enough to support a couple of local pharmacies.
    One needed step, he said, is for local businesses to support each other.
    “You know what, we’ve got to talk each other up,” he said.
    He also said city lines, though necessary, should not needlessly divide the greater community.
    “Just because there’s a line between us does not mean we should not support each other,” he said.
     
     

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