Thursday, April 5, 2012

I don't think that washes.

Have you heard the latest? Retailers are having trouble curbing the disappearance of Tide laundry detergent from their shelves. It seems that's the latest big seller on the black market. It's being traded for drugs, then the drug dealers sell it to crooked convenience store operators, barber shops, and nail salons. According to Ben Nuckols who reported the story for the Associated Press, "Everybody gets something out of the arrangement: the addict, who doesn't have to scrounge up cash; the dealer, who can double or triple his profit on the drugs; and the retailer [convenience store, etc.], who can acquire Tide for less than wholesale."

Excuse me, Ben, but I think you left a couple of victims out of your analysis. What does the original retailer who had the Tide stolen from him get? And what does the honest customer get besides higher prices to cover the retailers' losses?

No, Ben, I don't think your argument washes.

"Drug dealers clean up with Tide." The Dallas Morning News; March 15, 2012; p. 2A.

No comments: