Liberals Push $15 Minimum Wage, Completely Unaware of the Coming 5 Year Disaster

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Democrats have long fought for the minimum wage hike, claiming it’s necessary in the fight against income inequality.

While states like California have paved the way for so-called “progressive” ideas like raising the minimum wage, they have clearly failed to think through the logical consequences of these policies.

In California’s case, that could turn out to be a costly mistake.

A report published Thursday by the Employment Policies Institute warned of an upcoming economic disaster in California, estimating that the state could lose almost half a million jobs by 2022, when the $15 minimum wage is to be fully implemented.

The study analyzed data from California beginning in the 1990s, when the state began to deviate from the federal standard minimum wage. – READ MORE

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