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California and New York Hop on the Minimum Wage Thrill Ride
Monday, April 4, 2016 13:45
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So. Today, California and New York took the first steps to raising their intra-state minimum wage to $15.00 per hour over the next few years as the respective Governors signed the enabling legislation into effect.
The relevant politicians in those states flapped their jaws a bunch about “dignity” and “parity” and “economic justice.”
I frankly don't think much consideration was given at all to actual “economics.”
There goes that giant sucking sound again — jobs vanishing from the good ol' US of A.
And $7.00 cheeseburgers at McDonald's. Self-service.
Source: http://moogiep.blogspot.com/2016/04/california-and-new-york-hop-on-minimum.html
