Buffett: I'd love to see minimum wage at $15 an hour

krishna · 03-03-2014, 06:54 PM · 1 person reading this discussion

#1
NEW YORK (CNNMoney)
Warren Buffett said he would love to see the minimum wage double to $15 an hour. But he admits that wouldn't be a good idea.

#2
[size=16px][color=rgb(51, 51, 51)]"If you could have a minimum wage of $15 and it didn't hurt anything else, I would love it," he said. "But clearly that isn't the case."[/color][/size]
[size=16px][/color][color=rgb(51, 51, 51)]However, he added, he wouldn't argue with President Obama's proposal for a more modest increase, to $10.10 an hour from $7.25 an hour currently.[/color][/size]
[size=16px][/color][color=rgb(51, 51, 51)]Buffett, the second richest man in the United States behind only Bill Gates, suggests a different way to help the working poor.[/color][/size]

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