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No. of Recommendations: 3
I agree that raising the minimum wage will raise the cost of everything and cost jobs. The only place I have a problem is with the outrageous salaries of CEO's and top management these days. Nobody is worth millions of dollars per year. Seems like Boards hire consulting firms who recommend salaries for the board and the ceo's and top execs. To keep their consulting contracts, they make very expensive recommendations so to attract new blood, other companies have to raise the bar. No end to it but meanwhile, the rank and file are getting 2% increases per year. The only way for them to make more money is to change jobs which costs the company money for recruiting and training. The whole thing feels out of wack.
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