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Saturday, October 22, 2016


Subway CEO Fred DeLuca offered a common sense answer on Wednesday when asked about a possible increase to the minimum wage.

“Over the years, I’ve seen so many of these wage increases. I think it’s normal,” DeLuca told CNBC, adding: “It won’t have a negative impact hopefully, and that’s what I tell my workers.”

But DeLuca went further than just saying he would welcome a wage increase. If it was up to him, he explained, wages would be increased automatically to account for inflation. “I personally think that if I were in charge of the government, I would index the minimum wage to inflation so that way everybody knows what they can count on,” Deluca said. “The employees know they’re going to get increases on a regular basis. The management knows that they’re going to have to pay a little bit more with inflation.”

DeLuca is not the first CEO to hold this position. Here’s a look at five notable CEOs who share DeLuca’s call for the a higher federal minimum wage:

Photo: Candy Girl via Flickr 

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  • bcarreiro

    all others(1%) should take note of what is right by the people not just a selected few, thank god im not obama cause i would take out all affiliations in congress and open a can of whoop ass on these repatative republicans who think they own this country.

    • FredAppell

      Too bad you’re not Obama, I feel the same way but I would caution you on the last part of your statement. I agree that congressional republicans have been the most aggressive in their refusal to raise the minimum wage, some republicans want to abolish the minimum wage completely but I work for a reasonably large company owned by a democrat and the pay is abysmal, the benefits suck and they treat some of their workers like second class citizens. The problem really stems from greed and economic shortsightedness. People like that refuse to see the bigger picture.

    • Dominick Vila

      The best course of action, with upcoming elections in mind, is to expose the parasites that refuse to help mainstream Americans to help their corporate bosses accumulate more wealth than they already have. After all, the elite “only” owns 2/3 of our national wealth…

      • Mark Forsyth

        Not only that,but we should also be sure,especially here in New York State,that when we vote for a Democrat that we are not getting a case of republican lite.

        • Dominick Vila

          One of my greatest disappointments as a Democrat occurred after 9/11, when most Democrats in Congress rolled over and, not only did they not question Bush’s ineptitude or challenge his claims, they actually supported whatever he wanted. Their decision was not influenced by ideology or greed, but by fear. As incredible as it may seem now, Bush managed to portray himself as a hero, and whomever opposed his wishes as unpatriotic.

          • Mark Forsyth

            I remember it well Dom,more recently but equally alarming was the lack of Democratic outrage at the attempts to destroy the Social Contract.Why must we argue with and negotiate with those we’ve elected to do the work we sent them to do?
            More and more I have come to believe that both parties are in bed with each other and cash is the problem.Each day it seems that we are bought and sold in the marketplace of politics.
            Oh,and the mindless vitriol still rings in my ears because of opposition to the Iraq War.

          • Allan Richardson

            Fear of VOTERS, who had become so brainswashed by the Shrub and Darth Cheney that they really did, for the next few years, believe it was un-American to deny the Commander in Chief whatever he wanted to have to “protect” us; Bill of Rights, Schmights, who cares as long as the Muslim bogeymen stay away?

      • bcarreiro

        This is why the percentage of wealth will never change, no room for advancement for the actual hard working individuals and by the way your are on point with your knowledge. I just hope one day these fools will be open minded and stand as neutrals when it comes to this country and to the people who make them who they are.

  • Dominick Vila

    Those who claim an increase of the minimum wage would devastate our economy should take a look at prosperous countries such as Australia and New Zealand, which have a minimum wage that is more than doubled of ours. Why can other industrialized nations afford to pay livable wages to their people, but the USA, the country with the most profitable corporations in the world, cannot afford to do it? Never mind, I just answered my own rhetorical question. The problem is not whether or not we can afford our workforce a livable wages, but the fact that one of our political parties is so obsessed with helping the wealthiest members of our society accumulate more wealth, than they are willing to sacrifice the rest of us. If in doubt, remember the statement made by a Republican presidential candidate about 48% of Americans…

    • Mark Forsyth

      Thanks Dominick!

    • xpatYankeeCurmudgeon

      “the fact that one of our political parties is so obsessed with helping
      the wealthiest members of our society accumulate more wealth, than they
      are willing to sacrifice the rest of us.”

      8 of the10 wealthiest counties in America went for Obama in 2012…

      • Dominick Vila

        I lived in one of those counties before I retired and moved to Sunny Florida. The difference is that most people in those wealthy counties feel an obligation to help those who have been left behind, support social programs to help the poor and the middle class; while the oligarchs that benefit from the largesse and irresponsibility of our government, at all levels, are focused on the elimination of everything that benefits our most vulnerable citizens, in the mistaken belief that doing so will allow them to become richer and more influential. The key is to find a balance that helps ALL citizens, rather than focusing strictly on one segment of the population at the expense of another.

    • xpatYankeeCurmudgeon

      “Those who claim an increase of the minimum wage would devastate our
      economy should take a look at prosperous countries such as Australia and
      New Zealand, which have a minimum wage that is more than doubled of

      That is a meaningless stat when made without any measure for things like real purchasing power and disposable income after gov assistance and or tax exemption.

      Also – are you advocating America adopt immigration standards as strict as Australia and New Zealand? Both are island nations, which further weakens your attempt at an argument for the min wage.

      Anyone can play your game:

      Switzerland has never had a national min wage.

      Switzerland ranks as the happiest nation on the planet.–with-britain-lagging-in-21st-place-10221591.html?icn=puff-9

      • Dominick Vila

        Purchasing power and disposable income and related to income. The more a person makes, the more disposable income they have, the more they spend, and the more they influence economic growth and job creation.
        No, I don’t support Australia’s and New Zealand’s immigration laws.
        Switzerland has one of the highest standards of living in the world, to a great extent because of the remuneration their workers earn, and the social programs that allow them to achieve a quality of life that most of us don’t even envision.

        • xpatYankeeCurmudgeon

          You just go in circles.

  • Mark Forsyth

    Some company owners are blind to the reasons for their constant employee turnover.Years ago I was approached by a company in Syracuse,New York that wanted to hire me to drive for them.They ran a constant newspaper ad for employees.This was a courier company.When they had a full roster of drivers they had twenty five employees.
    The company vice president interviewed me and complained how his drivers who were mostly in their early twenties,had a lousy work ethic and often only stayed with the company a short time.He felt ripped off after training these people only to have them leave even when he was providing a once a month free lunch.
    At the time, I was in my mid-fifties with a professional driving career as an OTR tractor trailer driver spanning more than thirty years.I lived more than twenty miles from the company.The V.P. could not understand why I would not accept his offer of a full time job with no benefits,a once monthly free lunch,and a salary of $7.25 an hour.To be fair,he did not know that I sometimes made more than $3K for five days driving as a specialty hauler.I didn’t want to embarrass him but I told him that he could not afford me and could expect to lose employees until he paid a living wage.

    • Few years back was helping an owner of a 3 popular fast food chain restaurants.. He was complaining about the thousands of 1099’s that he had to print. I told him the same thing pay your people decent, and you won’t have this problem. But I think that these chains dictate what pay is to be.

      • Mark Forsyth

        Undoubtedly.It sounds like the guy had a franchise that he purchased with conditions.

  • ThomasBonsell

    See where 40% of these enlightened executives are doing business from Washington state, which has the highest state minimum wages in the United States (slightly higher than No. 2 Oregon, the only states above $9) and one of the healthiest economies in the nation. Should indicate to all that a healthy minimum wage is good for business.

    Of the 11 western states, eight have minimums above the federal rate, two are at the fed level and one is below. The states with no minimum wage or below the federal rate are in the South except two; Wyoming and Minnesota. Only Florida of the South has a rate above the fed figure. The South also has the weakest economies and more social problems.

    There is a relationship between wages and economies.

  • Allan Richardson

    One reason that smart CEOs want to raise the minimum wage by law is that even though their businesses benefit from lower turnover, more pride in the company, etc. it is often not enough to compete with the extremely low PRICES charged by companies with extremely low PAY, especially in selling “commodities” to customers whose incomes are so low that they must watch every penny.

    They are in the same position as fair-minded, non-bigoted business owners in the Jim Crow days who WANTED to serve people regardless of race, but competitors monopolized the white clientele, most of whom in those days did not want to associate with black people in stores, restaurants, etc. There was too great a cost to pay for trying to desegregate VOLUNTARILY; it had to become UNIVERSAL before it would take hold in the minds of the public.

    • John Rogness

      White people in the south still don’t like colored people and will only accommodate the enforced laws.

      • Allan Richardson

        I don’t have statistics, but as a white man of 65 who has lived in some part of the South almost my entire life (except one year in MO, a few months in CA, and 10 years in SOUTH FL which is culturally half-Yankee), I know very few out and out racists PERSONALLY. There are a few more that could be called “uneasy” about desegregation, but most of my white acquaintances are OK with the changes since 1965. There seems to be more “unease” and prejudice against POOR people, due to misinformation about how minority people actually live in low income neighborhoods. I have heard more ethnic jokes about what used to be called “poor white trash” as stereotyped by Honey Boo Boo than about poor black people.

        Of course, since my family and I know more progressive than conservative acquaintances, and the conservatives we know tend to be more intellectual than the average Tea Party voter, so they probably play down any racial hatred rather than express it aloud. We have seen evidence that SOME people are still prejudiced (and once again not bashful about saying so), such as bumper stickers (in 1012, one car said “vote for the American,” implying that only one candidate was American) and in one case, writing the N-word on OUR car’s Obama sticker in 2008. But at least they were polite enough not to damage the car itself!

      • xpatYankeeCurmudgeon

        I read broadsides like your and wonder – if that is the case why have blacks moved back to the supposedly racist South in record numbers ? I have never lived in the South. Have you?

        • John Rogness

          Colored people I have talked to in Minnesota often have family in the South and truly hate our weather. They have not found that they escape racist treatment by living here. Since they have learned from childhood how not to offend those in power they can live in a hostile environment with better success then I can as a “Yankee”. While staying in Georgia, I found the people friendly but with underling issues that raised my ire. I found the people in small town South Dakota, Minnesota and Wisconsin holding many of the same beliefs when I worked there. Examining my own beliefs assures me that the lack of true empathy is everywhere. Anger and exploitation are everywhere and accommodation may be a successful strategy for individuals but it does not improve our world. I hope that no one believes we can continue along this path without catastrophic results. I am beginning to feel that many of the younger adults may fight for change, and I strongly support them.