(11-25-2020, 07:31 PM)mikesez Wrote: I'm not going to be so naive to say that Amazon and Walmart have goodness in their hearts.
I am going to say that they're trying to seek out halos from wherever they can get them. They are publicly supporting higher wages because they want to be "in" with a more conscientious consumer.
I don't think they're considering how that might affect their competition. 
And if they are, they probably get the same Google results as me when I search for it: the relationship between increases in the minimum wage and the demand for labor, from businesses both large and small, is ambiguous, and probably not causal.

You're apparently unfamiliar with how the private sector of the economy operates, especially at the major corporate level.  EVERYTHING they do is driven by numbers.  Diminished competition leads to increased profits and profits are the ultimate objective.

Multi billion dollar businesses use market research that is somewhat more extensive and informed than you can find on the internet.

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