Originally posted by Fashion Lad!
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Anyway, on-topic.
I have a feeling that even if minimum wage was abandoned, prices wouldn't drop much if at all. Simply because nobody will really pay that much attention if they stay the same, and with reduced labor expenses your profits have suddenly shot up. Meanwhile, the company pays only what the market will support, which could be as low as $0.50 an hour in places, I'm sure.
There's always someone willing to work for a tiny wage, just because it's better than nothing.
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