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Politics : Formerly About Advanced Micro Devices
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To: combjelly who wrote (760756)1/1/2014 6:56:07 PM
From: TimF  Read Replies (1) of 1574482
 
The aid allows Walmart and others to pay so little.

Many of their employees, even many of their entry level employees, don't receive aid.

That and the fact that and the fact that they can get 38 applications of each new position ( Message 29302340 ) make your claim seem rather dubious as a significant point, at least for Walmart.

Everybody else will have their labor costs go up.

Yes if it impacts their competitors than the extent that employers can afford to pay more increases. But you would still have many employers (esp. smaller ones, rather than huge businesses like Walmart) that could not afford to make the transition. And those who can are incentivized to reduce employment (except to the extent that they are getting extra business from those who bow out, but total employment is likely to be reduced). Being able to afford to pay more really isn't the issue. It only provides the absolute limit that the companies can't go beyond, but what matters more is what incentives are created.
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