Steve Wynn Quotes
It's very difficult for the middle class in America to keep up because of the inflationary pressure and the devaluation of the dollar.
Wynn, Steve. Interview by Joe Kernen. Squawk Box, CNBC, 15 Apr. 2015.
Under the economic stewardship of the George W. Bush administration, the rate of inflation was modest. However, while the wages of the highest executives had increase markedly, the wages of average workers actually had decreased for much of the administration.
Stephen Alan Wynn is an American real estate businessman and art collector. He is known for his involvement in the American luxury casino and hotel industry. Early in his career he oversaw the construction and operation of several notable Las Vegas and Atlantic City hotels, including the Golden Nugget, the Golden Nugget Atlantic City, The Mirage, Treasure Island, the Bellagio, and Beau Rivage in Mississippi, and he played a pivotal role in the resurgence and expansion of the Las Vegas Strip in the 1990s. In 2000, Wynn sold his company, Mirage Resorts, to MGM Grand Inc., resulting in the formation of MGM Mirage (now MGM Resorts International). Wynn later took his company Wynn Resorts public in an initial public offering and was Wynn Resorts' CEO and Chairman of the Board until February 6, 2018, when he announced his resignation. He is a prominent donor to the Republican Party, and was the finance chair of the Republican National Committee from January 2017 to January 2018, when he resigned amid sexual misconduct allegations.