Bloomberg: Minimum Wage Messaging Change: ‘Entry-Level’ Pay for Basics
By Lorraine Woellert
Bloomberg News, Jan 24, 2014
... If you can’t win on the merits, change the messaging, says Leo Hindery, founder of InterMedia Partners LP, a private equity fund in New York. As Obama prepares for his next annual address on Tuesday, he should abandon the phrase “minimum wage” and instead press lawmakers to approve a higher “entry-level wage” that would allow all U.S. workers to afford basics such as food and shelter, Hindery says. ...
Hindery and other corporate execs made the case for a higher minimum at a meeting yesterday with Labor...