Remember that CEO who took a pay cut so he could pay all his employees a minimum wage of $70,000**?…um…
The very one FOX NEWS showcased as a failed socialist idea that would leave employees in bread lines??
“6 years ago today I raised my company's min wage to $70k. Dan reports that revenue tripled, the customer base doubled, 70% of his employees have paid down their debts bought 1st homes, 401(k) contributions up 155% - turnover dropped 1/2.
That guy?…..
Yeah.
**$70,000 in today’s economy, will realistically provide a family of 4 in the most basic housing, transportation and lifestyle support. Below that $70,000, a family of 4 cannot do anything special, cannot save, travel, set up a business, pay for college—just get by— and paying people enough to just exist, like lab rats, isn’t working.
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