|
no...min wage is a stopgap measure. it alliviates the problem of the poor not having bargaining power for wages...but doesn't solve the issue. public education needs to aim at creating workers who are more trained and efficient so that real GDP growth can be distributed in to wages.
that said...executive compensation probably needs attention. In 1988 the average CEO made 46 times what the lowest paid worker...now that figure is more like 476 times. That jump pays a lot of those lower end salaries. Exec's deserve fair pay for their work...but so do the workers on the line.
|