This is not Shift Friday Funny, though any rational economist would think it is a joke.
People who have been paying attention know that liberal billionaire and Democrat financier Nick Hanauer has long advocated for higher minimum wages — he backed the $15 minimum wage movement and even tried to blackmail the State Legislature by threatening to run a statewide $16 minimum wage initiative. But, the far-left billionaire recently took his higher minimum wage support to a whole new level.
This week, Hanauer told a crowd at a Museum of History and Industry event that he believes the minimum wage should be raised to a whopping $28 per hour. Via MyNorthwest.com:
“What I said was that if the minimum wage had tracked the wages of the top 1 percent, today it would be $28. If the minimum wage had tracked the increases in productivity in our economy over the last 30 years it would be about $22,” Hanauer told KIRO Radio’s Jason Rantz. “As high as $15 sounds, my instinct is that you could push it all the way to $28 over time and society would look a lot better than people think it would.”
That’s interesting coming from a man who pays his entry-level workers $7.50 per hour and higher-skilled workers $11 per hour in North Carolina. When KIRO Radio’s Jason Rantz brought up his hypocrisy, Hanauer said: “We pay more than that, but it’s true that we don’t pay $15. We pay like $9. It’s a fair point. We don’t pay $15 and I advocate for $15.”
Hanauer justifies his blatent hypocrisy by explaining that wages must increase on “a large scale.” It can’t just be “a handful of companies.”
Ladies and gentlemen, the “thinking” mind of a one of the Washington State Democrats’ largest donors, and a typical hypocritical liberal.