Tuesday, February 4, 2014

California Considers Raising Its Minimum Wage To The Highest In The Country

...and watch the poor leave the state even faster.


In an effort that could raise California’s minimum wage to the highest in the country, State Senator Mark Leno (D) introduced a bill this past Monday that would increase the state’s minimum wage to $11 in 2015, $12 in 2016, $13 in 2017, and finally to an annually adjusted wage tied to increases in inflation beginning in 2018. The new bill comes only months after Gov. Jerry Brown (D) signed a bill to increase the minimum wage to $9 this coming July and then to $10 in 2016.

...

While Leno expects that his bill will be met with resistance, he remains optimistic that, on the issue of the minimum wage, the left and the right can meet on common ground. Currently, about 24 percent of California’s residents live in poverty, and the current minimum wage of $8 an hour brings in about $8,000 less than what is considered the poverty line for a family of four for a single person working full time.
Oh yeah.  The numbers of people in poverty will drop. Why?  See the above statement.

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