What he's arguing seemed more to be that wage growth is fantastic for CEOs, and that the "jobs numbers euphoria" is basically a ploy to keep everybody complacent.

The in-article link to the article "The Pitchforks Are Coming" (https://www.politico.com/magazine/story/2014/06/the-pitchfor...) makes the great point that if higher wages mean less jobs, then why are there more CEOs than ever?