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iammatt  ·  1782 days ago  ·  link  ·    ·  parent  ·  post: Salary Subsidy Quiz

I don't understand how the thought experiment ends with The government covering all cost and Walmart paying little to nothing for employment.

There is defined limit on cost of living and I would't see it change if a company payed a wage that provides above that line.

Would you mind explaining more?