Ron Shaich, the one-percenter who is CEO of the 1,800-store Panera chain, wants the minimum wage raised to $10.10 an hour.
Shaich is planning on installing touch screen kiosks at the Paneras to replace its cashiers.
The little-guy neighborhood bakery that he competes with would just as soon hire a neighborhood kid.
Of course, between Obamacare mandates and a minimum wage hike they won’t be doing much of that — assuming they remain in business which is anything but a safe assumption.
It should be noted that Shaich wants the wage mandated by law for all. He will not do it unilaterally for Panera workers, which he can do without government coercion.
Shaich is a major donor to Obama and his causes.
Hat tip Bob Guzzardi
Rich Obama Donor Wants Wage Hike