Sunday, March 27, 2016

What Could Possibly Go Wrong?

If you don't know, ask anyone who's taken a basic economics course:
California legislators and labor unions have reached an agreement that will take the state’s minimum wage from $10 to $15 an hour.


Pseudotsuga said...

I guess they haven't really been paying attention to what happened here in Washington when various cities decided that Social Justice (tm) would triumph over economics and raised the minimum wage to $15/hour.
But we know why the labor unions want it-- they base their wages on the minimum wage as the baseline, so they all get raises.
We know why the legislators want it -- they get their SJW cred, at little/no cost to themselves.
It seems that everybody wants it...except those who actually have to pay it, and these are the people that the left loves to hate.

Ellen K said...

And what will all those fastfood workers do when the following happens?