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Saturday, March 26, 2016

The Looney Left Report: Deal With Big Labor To Raise California's Minimum Wage To $15

The Looney Left Report

Sacramento's socialists are cow-towing to their patron saints again: Big Labor. That's no surprise. But it will further poison California's business climate.

Governor Jerry Brown is expected to announce on Monday that the state minimum wage will rise to $15.00 an hour.

The Los Angeles Times reported:
Lawmakers and labor unions have struck a tentative deal to raise the statewide minimum wage to $10.50 an hour next year and then gradually to $15, averting a costly political campaign this fall and possibly putting California at the forefront of a national movement. 
The deal was confirmed Saturday afternoon by sources close to the negotiations who would speak only on condition of anonymity until Gov. Jerry Brown makes a formal announcement as early as Monday.
Texas, Nevada and Arizona will need to prepare for an economic boon in the next few years as California businesses will be looking to relocate to these and other business-friendly states. The ones that don't relocate will most likely close up shop.

To read more, go here.

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