Wal-mart seeks higher minimum wage...

Why doesn't Wal-mart simply raise its wages instead of lobbying for an increase in the minimum wage?

Llewellyn Rockwell takes a stab, suggesting that higher minimum wages would damage Wal-mart competetitors whose margins won't allow for mandatory wage increases.

Of course, everyone on Earth is both a consumer and a producer. While raising minimum wages may increase the apparent size of a producer's paycheck, no evidence exists that demonstrates any increase in the buying power of a consumer following a rise in minimum wage, since most companies offset rises in labor with rises in price.

Wal-mart