Bret. What I see here is a brutally honest COE. This is maybe what we need to hear more of. Then maybe more people would get on our politicians to fix some of the problems. Just have to be smart enough to get made at them and not the CEO.
You keep going on about slave wages. If you did an across the board mandatory 4% pay raise the cost of goods on the shelf would be higher than 4%. The company that produces raw materials whould have to increase the price to cover that wage hike. Then the using company would have to raise thier rates to cover the wage, transportation and product increase. The the store has to pay yet again the above wage increase and the increased price/transportation of the product. So each time the items needed to make that product are handled the price goes up even more. So you don't get a 4% raise across the board with a 2 or 3% increase in the cost of living. You get 6-8-10% increase in the cost of living so that 4% raise just would up making the low paid worker go backwards in buying power.
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