Bezos loses the fight for $15
By THOMAS REICH | OCT 02, 2018
Amazon has announced that starting November 1, it will pay its employees a minimum wage of $15 an hour!
Bonus: it will also lobby Congress to raise the minimum wage.
“Today, I want to give credit where credit is due. And I want to congratulate Mr. Bezos for doing exactly the right thing," said Bernie, who led the fight on behalf of the grossly underpaid Amazon workers.
Some, however, are disregarding Amazon's decision, including Wired, which is claiming that Amazon only did so to attract potential employees for the holiday season and to get everyone off of its ass.
I honestly don't care why Amazon did it; I'm just glad they did.
Though this is a momentous occasion, there is a downside. Amazon is raising the price for some of its products and loyalty programs.
It's worth noting that Jeff Bezos is not only the richest man in the world, but the richest by a mile and a half ($63 billion, to be exact), so he could raise his workers' wages and keep his products the same price without losing his place.
I am very happy for the Amazon workers. They've won the fight for a living wage.