Comments on: The Minimum Wage in America Must Rise, So Says Giant Company CEOs

By: Slippy

Slippy — Thu, 14 Jul 2016 14:08:52 +0000

I find it very interesting that we have such heartburn about raising wages. This and many other stories, while having some good news about people making more, also include numerous potential negative consequence.

On the other hand when you read a story on corporate cost cutting it is all upside.

By: Jeanne

Jeanne — Thu, 14 Jul 2016 05:39:42 +0000

I don’t think it’s all that noble until we can get the CEO:lowest paid ratio back to something that makes sense. CEOs have a lot of responsibility but do they really need to make 200,000 times what a peon makes in their company? Or whatever awful number is happening these days. CEO pay gets higher and higher while other wages don’t rise at all. Yet how could the CEO make so much if the peons weren’t working hard? He depends on them.

By: charles

charles — Thu, 14 Jul 2016 00:59:09 +0000

In reply to Becky Bortak.

Becky: “sometimes we need government to intervene to “force” corporations to do the right thing.”

But, just who decides what the “right thing” is?

By: J.B.

J.B. — Wed, 13 Jul 2016 17:33:05 +0000

At the same time, some companies pay such low wages that the government effectively subsidizes them with public assistance to their employees. Walmart had been notorious for that at times.

By: Becky Bortak

Becky Bortak — Wed, 13 Jul 2016 17:00:26 +0000

Very interesting article and you make an excellent point, although I would say that sometimes we need government to intervene to “force” corporations to do the right thing. Also interesting is the fact that JPMorgan has eliminated tellers altogether in some of their branches and replaced them with an advanced ATM.