California Dreamin’: Minimum Wage Hikes Lead to Fewer Jobs and Higher Prices

Published: 28 May 2024
on channel: John Stossel
998,261
27k

A few years ago, I reported that Seattle’s minimum wage hike killed jobs.

Now, California is making the same mistake.

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Fast food workers in California fought hard for a $20 minimum wage.

They won.

Now they have to face the unintended consequences:
Job loss, higher prices, automation replacing people, and fewer opportunities for the young and unskilled.

Will politicians ever learn?


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