That's the biggest flaw I see in these discussions. People think that they can tweak one variable and hold everything else flat. It doesn't work; everything i

That's the biggest flaw I see in these discussions. People think that they can tweak one variable and hold everything else flat. It doesn't work; everything is related. Raise your price 4% and... Competitors may do the same, or less, or more, driving business to you or away from you. Suppliers may increase product cost. Employees may be taxed more. Employees may lose benefits. Demand will fall by an unpredictable amount. Demographics of employees and customers will shift. Inflation may hit, temporarily/geographically localized or not. labor cost increases may need to ripple up through the entire labor pool, not just bottom-tier. Employee's cost of buying food just went up, diluting their gains. And so on. Many of those effects are miniscule. Some are good, some bad. But there's an endless amount of them. It's a chaotic system, it's not just some simple equations.