Most Americans can't afford a $14 sandwich for lunch
Vernuccio wrote in Michigan Capitol Confidential Wednesday that some 500 economists have signed an open letter opposing President Obama’s call for raising the federal minimum wage to $10.10 an hour, and the Congressional Budget Office predicts such a move would result in the loss of 500,000 jobs.
While in Michigan, the president ate lunch at Zingerman’s Deli in Ann Arbor. Its owner, who pays entry level workers $9 an hour and wants to raise that to $11, is a proponent of a higher minimum wage. As Vernuccio wrote, Zingerman’s caters to a high-end clientele and can afford to pay its workers more than its competitors. According to media reports, President Obama ordered a small Reuben for $13.99, a salad for $6.50 and tea for $2.50.
“Paying $13.99 for a small sandwich for lunch is considered a luxury for most Americans,” Vernuccio noted.