Over the past several weeks, the Biden administration has laid out the first pieces of its new agenda for the American people, including the promise of a $15 federal minimum wage. Attempting to address income inequality without taking on these root issues is the equivalent of putting a Band-Aid on a bullet wound. The Congressional Budget Office recently concluded that raising the minimum wage to $15 will cause 1.4 million Americans to lose their jobs in the next several years. For these workers, the real minimum wage will be zero. I was a member of the California Legislature when our state’s $15 minimum wage was adopted in 2016.

Source: Fox News February 21, 2021 10:52 UTC