Minimum Wage, Prices Don’t Need to Go Up

I’m a writer and independent scholar, so I don’t think I’ve ever managed to average minimum wage.  However, I love my work and don’t need to pay for clothes or transportation.  On the other hand, there are a lot of people who work at jobs I could never manage to do, like fast food cooking or home health care or waiting tables.  These people often get less that $8.00 an hour.  Out of that they have to pay taxes and Social Security. 

Now, the argument is that if these people were paid $15.00 an hour, prices would have to go up.  That seemed to me to be a knee-jerk argument.  Management’s first impulse is to pass the cost along.  However, I propose another solution, which I shall submit when I’m elected to the Senate.

A modicum of research led me to the fact that the CEO of McDonald’s makes $9700.00 an hour — that’s not including the private jets or stock options.  Now, if he and the other CEOs took a pay cut of say, $3000.00 an hour, think of all the people who could get a raise!  Does anyone need to make more than $6700.00 an hour?  I could live quite nicely on that.

Here is a recent list of the disparity between CEOs and the work force.  Think about it the next time you shop.

And, if you don’t want to write my name on your ballot, at least get out and vote!