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I think you missed my point.
I was not suggesting that the US do this unilaterally. I was also not suggesting that it be imposed by law.
I was simply musing that the "working wage" of many is well below a "living wage" in many parts of the world. It would be better for all if more money was spent compensating labour in an better manner (and by this I am largely talking about workers outside the western world). I can agree that many in the US could be making less but I wouldn't exclude executives from that mix.
There is an inordinate amount of wealth being held by an increasingly smaller group of people.
I also agree that inflation can be a factor as well. It is a complex system made increasingly complicated by the spectre of globalization.
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"My hands are on fire. Hands are on fire. Ain't got no more time for all you charlatans and liars."
- Old Man Luedecke
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