CA congresswoman calls for $50 hour min wage in CA

https://nypost.com/2024/02/14/news/...ems-proposal-for-50-minimum-wage-do-the-math/

3x what the current minimum wage is now. I wonder if this would make rent 3x or housing 3x if something like this passed.

 

DemocRats trying all dirty tricks, incl. lying & promising everything, to win the upcoming elections...

 

and it will increase unemployment by 3x. Automation everywhere!

 

Why just $50, and not $1000?... more?

Could someone explain the basic of economic to them?

 

%%
LOL;
sounds like she is NOT good with higher math or any math LOL.
Song says ;
But they never mention me \
I'm the black sheep of the family.
Feels really sorry for me /John Anderson/ Black Sheep Song > 2,000,666 video views/RINO Records

 

Yes, ask MMT, says print baby print, not a problem.

 

Never going to happen...fools thinking.

 

Then many companies will get out of CA

 

I thought they already were?

 

Min wage was $5.85 in 2007, minimum of $20 an hour for fast food worker today in CA?

CAGR 8% a year, never going to happen.