[misterbee]

That doesn't really hold up. Once we are well clear of the minimum wage, there is room to have an inversion where there are 1000 positions to fill and 500 qualified candidates who could auction-price themselves above the profit they generate.

[CamTin]

If the cost of employing someone is above the profit they generate, then you don't hire them. US corporations don't have a legal right to purchase labor at a price that makes their businesses viable. If they can't make money employing people in the business they're in, then they need to rethink the structure of that business or their investors need to put their capital elsewhere.