California Gov. Signs Minimum Wage Hike: Admits It “Doesn’t Make Economic Sense” As Locals Flee For Texas
by Tyler Durden
ZeroHedge.com
04/05/2016
As of midnight, both California and New York have signed the new $15 minimum wage into law. The irony of the situation, which will most certainly go under reported, is that even California’s Governor Brown knows that it’s not the right decision to make economically. Regarding the actual economic impact, California’s Governor Brown was quoted as saying that “economically, minimum wages may not make sense.”
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