Pop23
Gold Member
Because he's worth it.
Many CEOs make nothing or a dollar a year. Would the janitor work for that? No.
That's about the most naïve statement ever made on these boards!! Minimum wage should be somewhere between 12 & 15 an hour in order for the working class to get off income assistance programs.
You are simply inflating everyone's wages by doing so, then costs follow and soon your minimum wage is substandard again. That is unless you believe that someone making $15 per hour now for harder jobs will be satisfied to earn a wage equal to a burger flipper.
Of course they won't, they will either demand the same increase or take the easier job for the equivalent pay. Inflation simply eats up the workers increase or they lose their jobs to those that have worked harder