Bernie Sanders and President Trump Praise Amazon for Setting Minimum Wage at $15/Hour

Mark your calendars. On Tuesday, Oct. 2, 2018, the Trump White House and Sen. Bernie Sanders found the rare thing they could agree on.

And it had to do with one of President Donald Trump’s favorite punching bags, Amazon.

Reacting to Tuesday’s move by the e-commerce giant to hike the minimum wage for all its U.S. employees to $15 per hour, White House economic advisor Larry Kudlow told CNBC, “Good for them. I’m in favor of higher wages.”

For his part, socialist Sanders said at a Tuesday news conference, “I want to give credit where credit is due.”

The Vermont senator, who unsuccessfully sought the 2016 Democratic presidential nomination, has been bashing Amazon founder and CEO Jeff Bezos for making billions and billions of dollars personally and paying his employees low wages.

Sanders, who is considered a contender for the 2020 Democratic nomination, last month even went so far as to introduce legislation, called the Bezos Act, to tax corporations for every dollar that their low-wage workers receive in government health-care benefits or food stamps.

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SOURCE: Matthew J. Belvedere
CNBC