Wednesday, April 15, 2015

Everyone Gets 70K, Even the Boss

It's ironic that, at her first campaign stop in Iowa, Hillary Clinton's remarks centered around four fights. From my First Read from NBC News email:

There was always a risk to Hillary Clinton's go-small approach to her early campaign -- and that was lacking a real message. That lack of a message was on display at her Iowa event yesterday. Yes, she listed her four "fights" --
  1. building an economy for tomorrow
  2. strengthening families and communities
  3. fixing America's political system by getting rid of "unaccountable" money
  4. protecting the country.
And, yes, she struck a more populist tone.

Here's where the irony kicks in. She said, "There's something wrong when CEOs make 300 times more than the typical worker," Clinton said. "And there's something wrong when hedge-fund managers pay lower tax rates than nurses." On the same day, comes this news story out of Seattle where the CEO of a company has raised the minimum pay for his employees to $70,000, as explained here. Of course, some can now point to the Seattle company and say, "Hah! Not all CEOs are evil!"

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