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Senator Moorlach Comments on Passage of Minimum Wage Bill
“We are at an inflection point in our history, and the reverberations of this decision, particularly the law of unintended consequences, will be significant.“Statistics consistently show that raising the minimum wage will eliminate entry-level jobs. Many workers hoping this change will improve their finances will be sorely disappointed because their job may actually no longer exist.
“California already has a net out-migration. For the first time since World War II, we have a declining K-12 school enrollment. That means our economy is shrinking. Los Angeles has not produced a net-new job in over a decade. This bill will further drive jobs and people from California.
“Once taxpayers who own businesses see tomorrow’s headlines, they will think it is an April Fools’ joke.”
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