And yet another effect is consolidation -- e.g., small business competitors are priced out due to the increase, only to be replaced with franchisees or larger b

And yet another effect is consolidation -- e.g., small business competitors are priced out due to the increase, only to be replaced with franchisees or larger businesses filling their void. Overall employment might go up, but you might increase wealth concentration for large company CEOs. And, of course, you neglect to offer the possibility of a mixture of all or some of the above, which is just as likely.