Originally posted by Luilun
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Bad analogy. Minimum wages make it harder for smaller businesses to compete forcing them to shut up shop allowing the large corporations who can soak up the wage increases and are often the ones pushing for the minimum wage to fill the void. In your analogy Haymon is playing the part of the corporation pushing up the prices in order to reduce the competition.
Whether or not that is good sustainable business practice is more or less irrelevant to my point which is; bad analogy..
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