Possibly. Although companies will certainly be interested in establishing new facilities in Omaha and outside of New York because of the lower wages there, even if wages have been raised.
You'll see something similar with a nationally leveled minimum wage, but in that case it'll be the working class moving to Omaha and similar states to take advantage of the income disparity. It's just that that won't work and you'll see a rapid inflation of the economies of those states as costs and wages normalize.
You'll see something similar with a nationally leveled minimum wage, but in that case it'll be the working class moving to Omaha and similar states to take advantage of the income disparity. It's just that that won't work and you'll see a rapid inflation of the economies of those states as costs and wages normalize.