Commentary
California raised the minimum wage by 25 percent, to$ 20 an hour, for some fast- food chain restaurant workers on April 1. The lift came, properly, on April Fool’s Day. Because many of those exact workers who initially received a sizable lift are unlikely to receive anything close to that. Some people will rather receive employment advantages when their companies reduce their staff. And only a select few fast-food employees from major corporations will actually receive the lift. That’s an” April fool”! from Governor Gavin Newsom and the position government of California.
Demands and” Fine Intentions”
California’s parliamentary houses, the Assembly and the Senate, have been dominated by Liberals for at least 30 times. In recent years, those systems have imposed many demands for the setting, business, and daily life. The phrase” The road to hell is paved with good intentions” is exemplified by many of the edicts handed down from Sacramento. It’s no wonder that California’s many expensive mandates, its higher taxes, and its difficult regulatory program have led to an exodus of the government’s population to different states.
The new fast-food pay mission for this month, however, is particularly violent because it will most likely lead to lower-income staff ‘ cuts as well as higher consumer prices for foods taken away from home. Inflation in that category, that had, traditionally, been on par with the rest of the economy, has well exceeded it since the financial crisis of 2008–09 ( see the graph below ). …
