If only it were a parody…
But the truth is, this is exactly how corrupt government works daily.
California’s new $20 min wage law exempts restaurants that bake and sell bread, where bread is defined to exclude bagels and croissants. Only benefits Panera. Newsom mega-donor owns >24 Paneras. Newsom says “part of legislative sausage-making”. https://t.co/8xvHPQQ3CD
— Ben Hunt (@EpsilonTheory) February 28, 2024
California did the stupid thing of raising the minimum wage in fast-food restaurants, asserting that minimum wage workers need to earn a “living wage.” The fact that many workers will no longer be earning a wage at all with such a high starting wage, and that increasing wages without increasing productivity just raises prices, and hence reducing the buying power of those wages.
Whatever. Commies being commies in California is called “Tuesday.”
What is striking about this case…
