Barack Obama actually said...

Americans have a right to be angry about it, and I am angry about it.

I view it as a bad habit and vice, not very different from the cigarettes I smoked as a young person.

Within 90 days of the date of this memorandum, you shall begin work with employers, stakeholders, and, as appropriate, other Federal agencie...

He can take this action to raise the minimum wage using the authority he has.