Quote:
Originally Posted by IliketoPuck
But why would those people spend their money at Jim's? He's had to increase his prices to offset the wage increase.
Large retailers with substantial purchasing power have managed to keep their prices down.
Jim loses market share.
What I'm trying to get at here is that the NDP policy benefits large companies at the detriment of local mom and pop type stores. That's the reality of a higher minimum wage.
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Why would he have to increase his prices if he's laying off employees?