Fascinating, that a billionaire can be so economically illiterate. He claims that the fact that there are more CEOs today than in the past is an argument for minimum wage - while keeping a straight face.
Like the minimum wage affected the people he is referring to. Insane. Just insane that he think more high wage workers with high qualifications mean that a forced higher wage for low-income workers without qualifications will be just the same.
I guess you have to be a billionaire not to understand that starting a new business becomes much more risky and may often even be impossible, if you are forced to pay a high wage right from the beginning. But his companies don't have that problem, so he's all for a higher mimum wage. Like crony-capitalists always are. It makes competition from innovative startups almost impossible.
He's probably completely out of touch with reality in his dozens of homes, his yacht and his private plane by now.
