New Labor Secretary Says Machines Are Answer to Rising Wages and Costs

Diane Ravitch's blog

Andy Puzder, owner of multiple fast-food restaurants, is the likely choice of Trump for the post of Secretary of Labor. He advised Trump during the campaign and raised money for him.

He believes that machines can replace people, and that will be an effective way to cope with rising wages and costs.

He objected to a federal increase in the minimum wage for fast-food workers, although he is paid millions every year.

“Government needs to get out of the way,” Puzder told Yahoo! Finance in an interview Monday. “If government gets out of the way, businesses will create jobs and wages will go up.”

So far, the federal government has largely stayed out of the way. Congress has not taken up President Barack Obama’s call to raise the minimum wage to $10.10 an hour from $7.25. And with the exception of a few companies, like Costco, In-N-Out Burger and Boloco…

View original post 215 more words

Advertisements
This entry was posted in Uncategorized. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s