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California Dreamin’: Minimum Wage Hikes Lead to Fewer Jobs and Higher Prices

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Manage episode 420759760 series 3433695
Content provided by John Stossel. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by John Stossel or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

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A few years ago, I reported that Seattle’s minimum wage hike killed jobs.
Now, California is making the same mistake.
————
To get our new weekly video from Stossel TV, sign up here: https://www.johnstossel.com/#subscribe
————
Fast food workers in California fought hard for a $20 minimum wage.
They won.
Now they have to face the unintended consequences:
Job loss, higher prices, automation replacing people, and fewer opportunities for the young and unskilled.
Will politicians ever learn?
...
https://www.youtube.com/watch?v=X7nB0OyZ7ns
  continue reading

70 episodes

Artwork
iconShare
 
Manage episode 420759760 series 3433695
Content provided by John Stossel. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by John Stossel or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

thumbnail

A few years ago, I reported that Seattle’s minimum wage hike killed jobs.
Now, California is making the same mistake.
————
To get our new weekly video from Stossel TV, sign up here: https://www.johnstossel.com/#subscribe
————
Fast food workers in California fought hard for a $20 minimum wage.
They won.
Now they have to face the unintended consequences:
Job loss, higher prices, automation replacing people, and fewer opportunities for the young and unskilled.
Will politicians ever learn?
...
https://www.youtube.com/watch?v=X7nB0OyZ7ns
  continue reading

70 episodes

All episodes

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