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Old 04-14-2015, 03:23 PM  
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$70,000 minimum wage: Sound economic decision or publicity stunt?

This CEO of a company few have heard of announced that the MINIMUM wage for his company's staff will be 70,000 USD. Is it a publicity stunt or is he on to something?

Is it genius or crazy to introduce a $70,000-a-year minimum wage? - MarketWatch

Before you hate or laugh, understand the following FACTS

Fact 1: The median household income in the US (the middle class wage!) hasn't improved in 15 years Source: The American Middle Class Hasn?t Gotten A Raise In 15 Years | FiveThirtyEight

Fact 2: Henry Ford (a tech visionary in his time) shocked Corporate America when he doubled his minimum wage to $5 a day The Middle Class Took Off 100 Years Ago ... Thanks To Henry Ford? : NPR
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