>That's one possibility, yes. But if you think that Walmart, for example, is just going to roll over and accept decreased profits without trying to finagle a wa

>That's one possibility, yes. But if you think that Walmart, for example, is just going to roll over and accept decreased profits without trying to finagle a way out of it Of course they won't. However, they know as well as anybody that their ability to finagle themselves out of it is limited to their ability to lobby and shape public opinion - against minimum wage hikes. >Who said they would be taking the hit? Economic studies on this generally all show that profits get hit first and hardest. Inflation happens in some industries, but only generally industries with wafer thin profit margins. If that phrase accurately described Walmart, the Waltons wouldn't be the richest family in America.