california

California’s minimum wage hike causing mass exodus, implosion in the garment industry… economic suicide is now official policy

California Governor Jerry Brown signed legislation on April 5, 2016 that would raise the hourly minimum wage in California to $15.00. Translated, an individual working at McDonald’s forty hours a week (minus taxes, SSI, etc.) would bring home $31,200. That’s a far cry from the $7.25 minimum wage still in effect in many states. This new price hike won’t take Read More