| thranx said: Not really, wal mart, and Mc D's are both against raising the minimun wage. As far as I know. After doing some research it looks like Mc D's operates differently in the UK and Ireland with fewer than 30% of stores being privatly owned, in the US that jumps to 85%
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Walmart:
http://www.heritage.org/research/reports/2005/10/wal-marts-perverse-strategy-on-the-minimum-wage
McDonald's: http://www.huffingtonpost.com/2014/06/04/mcdonalds-ceo-minimum-wage-hike_n_5445539.html
I was ill-spoken when I said McDonald's/Walmart will pay higher wages, I mean they could accommodate the increased costs better (usually by investing in labour-saving tech, as you stated), and, ultimately, it would result in increased profitability for the companies as it's an easy way to crush smaller competition.
