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by whatshisface
834 days ago
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Low margin businesses like restaurants aren't at liberty to provide services in a more expensive way than their competitors. There's almost no "extra" money in the food service industry. I'm not actually criticising minimum wage laws with this argument. If it applies to every possible way to hire someone, all of your competitors will have to do it too and the costs will be passed on to the consumer. I am however sharply criticizing minimum wage laws that have a tech company shaped loophole. Market forces will require every competing business to use the loophole if any of them do. |
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