re: #190 Glenn Beck’s Grand Unifying Theory of Obdicut

How does this higher cost affect all competitors equally, please?

I said basically the same, got that? If you want to deny the view that companies that employ a meaningful percent of minimum wage worker typically compete against similarly structured competitors, fine. But I’m very confident I was correct.

Sure, there is always some variance within a market, and the companies that utilize a meaningfully higher % of <$9/hr workers will likely suffer a little - and conversely, those that employ relatively few would likely benefit (in the near-term). But beyond some extreme examples, the difference would be relatively minor.