Schultz: $15/hr is a Bad Idea

Starbucks CEO Howard Schultz supports raising the minimum wage, but not to $15-an-hour. The Puget Sound Business Journal,

“[Schultz] added that raising the minimum wage to $15 an hour, which is being proposed in the city of Seattle, would have ‘unintended consequences’ and a $15-an-hour minimum wage is ‘not the right number.’”