Starbucks CEO Howard Schultz says $15/hour minimum wage will hurt business

[Lady Freedom Returns]

READ STORY @ http://www.businessinsider.com/mcdonalds-and-starbucks-ceos-make-more-than-9200-an-hour-2013-12
V
V
V
V
V
V
V
V
V
V
V
V
V
V
V
V
V
V

[safeinOhio]

1. of course,

then he might only make $8,600/hour.

[maddezmom]

2. Hmmmm, context is important

http://thinkprogress.org/economy/2013/03/21/1755231/starbucks-ceo-minimum-wage/
http://www.kplu.org/post/starbucks-ceo-schultz-15-minimum-wage-would-be-hard-small-businesses

[Demit]

3. Your link does not contain what you say the Starbucks CEO said.

[rock]

4. Yeah, better that the people get hurt than a business!

Sarcasm obviously. Only someone like Howard Schultz could say that with a straight face.

[Bluenorthwest]

5. Actually he did not say that and the article is about his support for raising the minimum

wage. This OP suggests he opposes such a raise. He never says 'it will hurt business' and he makes no mention of Starbuck's own business being hurt, he says some small businesses will have fear about a large hike and that seems pretty truthful to me. He supports exactly what the President supports, 10.10 which I think is too low, but to hang this guy for agreeing with the administration's wage policy is odd to me. And I kind of hate Starbucks.