The United States is sitting on the world's highest CEO-to-Worker pay ratio. On average a CEO in the US earns 354 times the amount of the median worker, which is sitting around 34,000. The next highest is Canada, sitting below the 300 range, and it drops off sharply from there over the EU and other areas. All the while they're saying that raising the minimum raises prices, these CEO's have been raising their own wages, beyond 1500:1. (JCP, Abercrombie, etc)
I propose that we tackle this not by minimum wage increases, but by implementing a pay ratio cap, and a standard of pay raises. It is NOT acceptable to work for a company for more than 5 years and still earn the minimum, no matter what you do.
We need raises for time spent, less jobs created at minimum, and a proper pay ratio. Thanks.