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>California Cruises Towards $15 Hr Minimum Wage: Expect Budget Deficits, Higher Taxes, Job Losses - Mish - Global Economic Analysis
The US going full socialist retard. What could go wrong ?

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Beginning of the headline :California governor Jerry Brown has proposed a $15 minimum wage by 2022. If the legislation passes, it will wreak havoc on city budgets, state budgets, businesses, and jobs. Please consider California Moves Toward $15-an-Hour Minimum Wage. Gov. Jerry Brown’s administration has told leaders in the Democratic-controlled state Legislature he supports boosting the state’s minimum wage to $15 by 2022, a person familiar with the matter said. The approach would give the governor some control over an i... Read More
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