I suspect that’s the direction he was thinking. 

When he says it’s the “best” way, though, I wonder what criteria he has in mind. 

Undisciplined

econ

The solution to America’s affordability: raise wages, but that's broken too

winteryeti

I'm a bit surprised that he said that.  I don't think it makes a lot of sense economically.  I'm sure he doesn't think that giving people artificial wage increases not coupled to increased productivity would fix cost of living problems in the long run.  Unless he somehow thinks that wages are artificially depressed due to monopsony in the labor market