The Painful Truth: Watch what this famous Ex-CEO says about a $15 minimum wage…

Love him or hate him, Bob Nardelli is an executive whose name is familiar to many.
Currently serving on the boards of directors for several high-profile companies, Nardelli is “widely recognized as one of the best operating executives in the United States, Bob Nardelli has grown the sales and profits of a number of multi-national corporations.”

During his nearly 30-year tenure at the General Electric Co., he quadrupled operating profits for GE Power Systems. As the Chairman and CEO, he then doubled the size of The Home Depot and helped save Chrysler Corp. and its iconic brands during the financial institution meltdown.

Here is Nardelli’s take on the current debate over raising the minimum wage to $15 per hour.